Preventive Health Savings Act
Description
This bill would require the CBO to estimate long-term budget savings from preventive health care measures in proposed legislation.
Summary
What it does
This bill would require the Congressional Budget Office (CBO) to analyze whether proposed legislation would reduce federal spending beyond the standard 10-year budget window through the use of preventive health care. If the CBO determines a proposal would result in net savings, it must provide a supplementary estimate detailing the projected reductions and the data used to reach those conclusions. These projections would serve as additional information for lawmakers but would not be used to determine compliance with official budget enforcement rules or the Congressional Budget Act of 1974.
Who is affected
This bill primarily affects the Congressional Budget Office (CBO), which would be required to provide supplementary budget projections for certain preventive health care legislation upon request from Congress. The bill also impacts Members of Congress who would receive these extended estimates regarding the long-term fiscal impact of public health and wellness initiatives. Additionally, the legislation concerns defined populations and individuals who are the focus of preventive health care actions intended to protect health and prevent disease.
Key provisions
- Long-term savings analysis for preventive health care. Requires the Congressional Budget Office, upon request, to determine if proposed legislation would reduce federal spending beyond the standard 10-year budget window through preventive health measures.
- Definition of preventive health care. Defines preventive health care as actions focused on protecting, promoting, and maintaining health and wellness to prevent disease, disability, and premature death across the public and specific populations.
- Mandatory reporting of projected budget reductions. Directs the Congressional Budget Office to provide a description and estimate of any projected net reductions in budget outlays, along with the basis for those conclusions, if the legislation is found to save money through preventive care.
- Supplementary status of budget estimates. Specifies that these long-term projections serve as supplementary information and cannot be used to determine compliance with the Congressional Budget Act of 1974 or other budgetary enforcement rules.
Fiscal impact
Not applicable: No CBO cost estimate available
Effective dates
Not applicable: Official Summary does not address effective dates
Relationship to existing law
The bill specifies that any budget estimates produced under its authority are supplementary and may not be used to determine compliance with the Congressional Budget Act of 1974 or other existing budgetary enforcement controls.
Stated purpose
The bill aims to provide Congress with long-term fiscal data by requiring the Congressional Budget Office to estimate whether proposed legislation would reduce federal spending beyond the standard 10-year budget window through the implementation of preventive health care measures.