George Washington dollar bill with collage of falling stock chart on it By 2030, total subsidies are estimated to be $1.4 trillion, also 4.4% of GDP. (Photo: Shutterstock)

Net federal health insurance subsidies for Americans under age 65 are expected to total $920 billion next year, according to the latest report from the Congressional Budget Office and the staff of the Joint Committee on Taxation.

The federal government subsidizes health insurance for most Americans in this age group through various programs and tax provisions. The report describes updated baseline projections of the federal costs associated with each kind of subsidy and the number of people with different types of health insurance:

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