To: Alighieri who wrote (847355 ) 4/3/2015 2:18:57 PM From: i-node 1 RecommendationRecommended By FJB
Read Replies (2) | Respond to of 1574005 >> What the CBO said is very clear. I'm just going to say this because it is clear you don't understand it. I seriously doubt any news wire service does. The coverage provisions only have been projected by CBO; CBO has said, essentially, "We can no longer project the budgetary effects of the law, and so we're not trying anymore." Little deal? Big deal? Who the hell knows? CBO doesn't. But this much we DO know: Since its implementation, two years ago, CBO has reduced by 25% its estimates of how many people will ultimately be covered as a result of the program. 25% in two years. Almost certainly, it will continue to drop. That is, by any measure, a huge miss. It was going to be 32 Million, now it is 24 Million. You can scramble to blame evil Republicans, but the logic doesn't work: The number of Medicaids covered EXCEEDS the prorated expectations. Meaning, yes, you can give away free shit, although it is harder than we thought. Now, we're 1.3 Trillion for these 25% fewer insureds over the next ten years which amounts to an average cost in the range of $6,000 to $7,000, when you work out the pace of the ramp up, AND if you assume their numbers are correct. For that much money (assuming it doesn't get worse and it will), we could have simply purchased a group policy for each of these persons. Problem solved. Even that, however, would be a fraction of the money since there are still the OTHER (non-coverage) costs we have incurred for this train wreck. There is nothing good happening here. Guaranteed issue is nice. You could have gotten that for nothing. Literally. It is federal legislation at its absolute worst.