( MENAFN - GlobeNewsWire - Nasdaq) CBO estimates Independent Purchase of dental Plans Would Reduce Deficit DALLAS, June 03, 2024 (GLOBE NEWSWIRE) -- After the National Association of Dental Plans (NADP) advocated for the passage of the Increasing Access to Dental Insurance Act (S. 2771 and H.R.
1671) on May 8, a renewed interest in access to dental coverage has gained traction in Congress. Increasing access to dental coverage on Healthcare.gov could reduce the federal deficit by $3 million, according to a recent Congressional Budget Office (CBO) estimate.
In addition, a recent Senate Health, Education, Labor and Pensions (HELP) Committee hearing highlighted how expanding the ability to buy only dental coverage on would increase access to coverage for millions of Americans without dental insurance. The two identical bills advocated by NADP would permit consumers to enroll in stand-alone dental plans available on without first buying medical coverage. The ability to purchase dental only coverage is a technical fix to and would expand coverage opportunities for the more than 20 million Americans who have medical coverage through their employer or Medicare but lack dental coverage.
Most of the nation's state-run exchanges already permit the independent purchase of dental plans, so these bills would merely task the federal government with catching-up to most states. H.R.
1671 and CBO Estimate Last week, the CBO prepared a cost analysis of H.R. 1671.
CBO used information from resea.
