Math is hard
New post: “Government report reveals CBO was was scandalously off in Obamacare estimates” https://t.co/wDWP01AGSD— Philip Klein (@philipaklein) February 21, 2019
And by “scandalously” Mr K means “by an order of magnitude:”
Uh, no: that falls 100% on the feckless GOP “majority.”
Still, it’s worth noting that the reality turned out to be a lot less of a big deal than the projections, and doubtless played at least some role in the mid-terms.
But that’s not even the best part (for certain vales of “best”). No, the best part is this:
“… actuaries for the [CMMS] … estimated that the elimination of the individual mandate would have a significantly smaller impact than the CBO has long estimated. Specifically, the CMS report revealed that 2.5 million more people would go without insurance in 2019 due to the repeal of the individual mandate’s penalties, and the impact would be “smaller” thereafter.”
In marked contrast to the 13 or 14 thousand folks the CBO “guesstimated.” Close enough for government work!
Source: http://insureblog.blogspot.com/2019/02/math-is-hard.html
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