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Updates to Senate health care bill now posted: CBO score sometime after 3 pm

Posted on 6/26/17 at 12:33 pm
Posted by cajunangelle
Member since Oct 2012
146498 posts
Posted on 6/26/17 at 12:33 pm
quote:

Chad Pergram? Verified account @ChadPergram 28 minutes ago
Updates to Senate health care bill now posted https://www.budget.senate.gov/bettercare

Chad Pergram ?Verified account @ChadPergram 7 minutes ago
Expect CBO score on Senate health care bill today sometime after 3 pm et

Chad Pergram?Verified account @ChadPergram 2 hours ago
Expect a slightly revised health care bill for the Senate today. CBO score still coming
Posted by 225bred
COYS
Member since Jun 2011
20386 posts
Posted on 6/26/17 at 12:34 pm to
Guys, the CBO IS the Swamp. It's wrong every time by massive margins.
Posted by bamarep
Member since Nov 2013
51794 posts
Posted on 6/26/17 at 12:36 pm to
Yep... RARELY do they come close to being right.

If the bill doesn't lower premiums and deductables I am vehemently against it.
Posted by Vacherie Saint
Member since Aug 2015
39382 posts
Posted on 6/26/17 at 12:36 pm to
Who cares? Dems will screech that it'll murder millions of innocent poors regardless of what's in the bill.

That's all they ever do anymore.
Posted by cajunangelle
Member since Oct 2012
146498 posts
Posted on 6/26/17 at 12:40 pm to
I agree. I also can easily call out democrats and republicans as being mostly the swamp (with the exception of a handful or so)

At least they are posting it online and not sneaking it in in the middle of the night like Ocare was...

Posted by Bluefin
The Banana Stand
Member since Apr 2011
13253 posts
Posted on 6/26/17 at 12:46 pm to
Small change to the first draft of the bill per the updated version.

Any person who has a lapse in coverage for more than 63 days over the past year will be put in a 6 month freeze from enrolling in a new plan.

We'll see if this is incentive enough for healthy individuals to maintain coverage, but doubt it moves the needle much with the CBO score.
Posted by TigerDoc
Texas
Member since Apr 2004
9894 posts
Posted on 6/26/17 at 12:46 pm to
quote:

Guys, the CBO IS the Swamp. It's wrong every time by massive margins.


Right. Like that time CBO predicted the ACA would bring down the rate of the uninsured down to 11% by 2016 and it went down to 10.3% instead.

Massive margin.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 6/26/17 at 12:47 pm to
quote:

If the bill doesn't lower premiums and deductables I am vehemently against it.



There is 0% chance this bill will lower premiums and deductibles. The protections for pre-existing conditions remain and the mandate is removed. This will guarantee increases in premiums and deductibles. It's math.

Posted by bayou2
New Orleans, LA
Member since Feb 2007
2967 posts
Posted on 6/26/17 at 12:48 pm to


Over/Under that the Senate Bill passes.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69246 posts
Posted on 6/26/17 at 12:48 pm to
To be fair Doc, it did miss on some other predictions not related to the number of insured, such as enrollment rates and costs.
Posted by Hawkeye95
Member since Dec 2013
20293 posts
Posted on 6/26/17 at 12:49 pm to
quote:

We'll see if this is incentive enough for healthy individuals to maintain coverage

if the tax didn't why would this?
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 6/26/17 at 12:50 pm to
Tell us what they said about premiums and budgets

When one makes a lot of predictions being completely wrong about all of them is as statistically unlikely as being right on all of them
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 6/26/17 at 12:51 pm to
quote:

At least they are posting it online and not sneaking it in in the middle of the night like Ocare was...



How can you be so divorced from reality. Obamacare had massive problems but it also went through massive debate in congress. Republicans offered tons of amendments. Many hearing were held. The Rs just didn't have the votes to stop it.

No reason to tell a giant lie to try to justify what the Rs are doing now.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 6/26/17 at 12:54 pm to
quote:

Over/Under that the Senate Bill passes.


50/50 I think. They'll probably throw pork at the holdouts to get them to vote for it. Remember what the Dems did to get Landrieu's vote in 09?
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48888 posts
Posted on 6/26/17 at 12:55 pm to
quote:

Guys, the CBO IS the Swamp. It's wrong every time by massive margins.



this.

Posted by Bluefin
The Banana Stand
Member since Apr 2011
13253 posts
Posted on 6/26/17 at 12:56 pm to
quote:

There is 0% chance this bill will lower premiums and deductibles. The protections for pre-existing conditions remain and the mandate is removed. This will guarantee increases in premiums and deductibles.

Not necessarily.

With the Stability Fund that is being put in place for the next 3 years, insurance companies will receive payments from states for the purpose of reinsurance. If it is used like the language implies, there will be a modicum of stability and premiums could lower. That's pretty much it, though.

Not much hope for deductibles.
Posted by Bluefin
The Banana Stand
Member since Apr 2011
13253 posts
Posted on 6/26/17 at 12:58 pm to
quote:

if the tax didn't why would this?

Ironically, they'd have to message it the same way Obamacare was messaged:

You never know what could happen and need coverage. Six months without being able to get insurance could be problematic.

It's not going to work, but I don't know how the CBO might perceive it.
Posted by Haughton99
Haughton
Member since Feb 2009
6124 posts
Posted on 6/26/17 at 12:59 pm to
quote:

With the Stability Fund that is being put in place for the next 3 years, insurance companies will receive payments from states for the purpose of reinsurance. If it is used like the language implies, there will be a modicum of stability and premiums could lower. That's pretty much it, though.


The good ole taxpayer gift to make sure insurance companies can be profitable without premiums skyrocketing because the Republicans just jacked everything up worse than it was before.
Posted by TigerDoc
Texas
Member since Apr 2004
9894 posts
Posted on 6/26/17 at 1:00 pm to
with regard to coverage, CBO erred in estimating where the uninsured would get covered - they overestimated the number on the exchanges and underestimated the number enrolled through medicaid expansion (and would have underestimated this further if Republican states hadn't been allowed to opt out the enrollment by the first supreme court challenge).

Since Medicaid is cheaper insurance than the policies on the exchanges, it ended up being cheaper than predicted.

quote:

Because there are fewer people on the exchanges, CBO overestimated how much the law's coverage provisions would cost overall. Originally, it expected the net cost would be $132 billion in 2016. However, it lowered that estimate to $110 billion in the estimate it released last year.


CNN
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
69246 posts
Posted on 6/26/17 at 1:03 pm to
I honestly don't get why nearly every state underestimated medicaid enrollment numbers. Why couldn't tthey have just assumed that anyone who qualified for expanded medicaid would take it, and set their projection at that? We have income data for every household, so it wouldn't have been hard to figure out who would qualify,
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