Take the following as truth: For group health plans coverage under these rules, the Departments cite estimates formulated by the Congressional Budget Office which shows the initial yearly cost (direct cost to the private sector) to be $50 million with 300,000 people covered and $200 million in subsequent years for limiting the length of preexisting conditions exclusions to 12 months.
Then the following statement: "For group health plans under these rules the initial yearly cost will be $100 million with 20,000 people covered." is true, false, or inconclusive?
Answer: False