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re: CBO: Repealing the ACA will leave 32M Uninsured and Double Premiums by 2026
Posted on 1/17/17 at 11:19 am to BamaAtl
Posted on 1/17/17 at 11:19 am to BamaAtl
CBO has a terrible track record of predicting the costs and stability of Obamacare. They can be ignored.
Forbes...
LINK
You won't care, you profit from the ACA.
quote:
These errors were caused by two primary mistakes in CBO’s model and assumptions. First, CBO significantly overestimated the degree to which the individual mandate would induce relatively healthy people with middle class income to buy coverage in the exchanges. Second, CBO failed to anticipate that states would respond to the federal government’s elevated reimbursement rate for the Medicaid expansion by maximizing enrollment and paying insurance companies extremely high payment rates for this population. CBO has not yet explained if or how it has corrected its models for these past mistakes, but it should do so if it wants to improve confidence in its estimates of repeal and replace legislation.
Forbes...
LINK
You won't care, you profit from the ACA.
Posted on 1/17/17 at 11:21 am to Jake88
She's a lab rat. She does not profit from ACA.
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