The Cost of Funding CHIP Just Went from $8 billion to $800 million. But It's Still Not Funded.

The video discusses the Children's Health Insurance Program (CHIP), which provides healthcare to 9 million low and middle-income children. Despite its popularity and bipartisan support, CHIP has not been reauthorized by Congress, leading to funding issues. The cost of CHIP was initially estimated at $8 billion but has decreased to $800 million due to changes in tax law. This change makes it more expensive not to have CHIP, emphasizing the need for Congress to reauthorize the program. The video concludes by highlighting the importance of finding an additional $800 million to ensure better healthcare for children.

What are the implications of not reauthorizing CHIP for parents and children?

What is the estimated additional cost to cover CHIP over the next five years?