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View Full Version : CBO: Obamacare will have lower premiums, insure more, and cost government less



Cigar
04-16-2014, 07:43 AM
CBO: Obamacare will have lower premiums, insure more, and cost government less than projected (http://www.dailykos.com/story/2014/04/14/1291947/-CBO-Obamacare-will-have-lower-premiums-insure-more-and-cost-government-less-than-nbsp-projected)
http://images.dailykos.com/images/61401/large/Obama_get_covered.jpg?1386880054

That whole "Obamacare is doomed to fail" line from Republicans is getting harder and harder to defend by the day. A new report (http://www.cbo.gov/publication/45231) from the Congressional Budget Office makes their protestations sound even more ridiculous. The top line finding:


Relative to their previous projections made in February 2014, CBO and JCT now estimate that the ACA’s coverage provisions will result in lower net costs to the federal government: The agencies currently project a net cost of $36 billion for 2014, $5 billion less than the previous projection for the year; and $1,383 billion for the 2015–2024 period, $104 billion less than the previous projections.

The other good news (http://www.cbo.gov/sites/default/files/cbofiles/attachments/45231-ACA_Estimates.pdf):



Health insurance premiums are lower than CBO originally projected, saving the government $190 billion;
"12 million more nonelderly people will have health insurance in 2014 than would have had it in the absence of the ACA;"
The number of uninsured will fall to 30 million by 2017 and will remain there through 2024, absent other reforms;
The projection made originally in 2012 that the ACA would reduce the deficit is still valid, and deficit reduction is greater than anticipated two years ago.


Additionally, they project that premiums will rise only "slightly" in 2015, by about $100 for the mid-level plans that have proven to be the most popular in the exchanges. They also say that those premium hikes will be caused more by increasing health care costs than the having more and sicker people—those with pre-existing conditions—now in the risk pool.

Lower premiums, 12 million more people insured, lower costs to the government and further deficit reduction. Try repealing all that, Republicans.



http://www.mrmediatraining.com/wp-content/uploads/2013/06/Oops-Sign.jpg

keymanjim
04-16-2014, 07:47 AM
You must really b desperate if you're relying on the CBO's GIGO method of reporting.

Cigar
04-16-2014, 07:48 AM
Deny Deny Deny Deny :danceshout:

keymanjim
04-16-2014, 07:55 AM
Deny Deny Deny Deny :danceshout:
That pretty much sums up about all of your threads.
Hey, here's something you might be interested in. Cape Fear Medical Center in NC just fired all of their surgeons in order to hire fewer, less expensive surgeons from Mexico and India.
But, hey. So what if the person that you waited longer to see is far less qualified to poke around your brain. As long as you have insurances, heavily subsidized by the government, then it'll be considered a success. AMIRITE?

Cigar
04-16-2014, 07:58 AM
That pretty much sums up about all of your threads.
Hey, here's something you might be interested in. Cape Fear Medical Center in NC just fired all of their surgeons in order to hire fewer, less expensive surgeons from Mexico and India.
But, hey. So what if the person that you waited longer to see is far less qualified to poke around your brain. As long as you have insurances, heavily subsidized by the government, then it'll be considered a success. AMIRITE?

Who gives a Shit ... it's North Carolina :laugh:

keymanjim
04-16-2014, 08:03 AM
Who gives a Shit ... it's North Carolina :laugh:
I'm sure you'll say that about every state. Until Illinois comes up.

Matty
04-16-2014, 08:05 AM
I'm sure you'll say that about every state. Until Illinois comes up.
Who gives a shit? It's Cigar!

Cigar
04-16-2014, 08:06 AM
I'm sure you'll say that about every state. Until Illinois comes up.

Talk to your Governor :laugh:

Cigar
04-16-2014, 08:06 AM
Who gives a shit? It's Cigar!

Mrs Cigar :grin: that's who

Mainecoons
04-16-2014, 08:17 AM
6836

keymanjim
04-16-2014, 08:17 AM
Mrs Cigar :grin: that's who
Just wait until 'Mrs cigar' goes in for surgery and English isn't one of the languages the surgeon speaks.
Does obamacare cover translation services?

Cigar
04-16-2014, 08:20 AM
Just wait until 'Mrs cigar' goes in for surgery and English isn't one of the languages the surgeon speaks.
Does obamacare cover translation services?

What on earth are you talking about?

Since when does the nationality or native language matter in Health Care?

Did that somehow become a problem on October 2013 and was never an issues before :rollseyes:

You lost ... get over it.

Captain Obvious
04-16-2014, 08:21 AM
LOL! There's an objective source, the O'bama's hand picked cronys.

People are sheep, they'll believe anything.

Cigar
04-16-2014, 08:25 AM
LOL! There's an objective source, the O'bama's hand picked cronys.

People are sheep, they'll believe anything.

Wow ... that's News; I didn't know The CBO was Hand Picked by The Obama White House Administration.

It's amazing what you learn from the Right Wing these days :roflmao:

Mainecoons
04-16-2014, 08:27 AM
Not to worry, Cigar will use his color to get reverse discrimination for medical care too.

:rofl:

Cigar
04-16-2014, 08:27 AM
:huh:

Mainecoons
04-16-2014, 08:29 AM
You've got yours, right?

keymanjim
04-16-2014, 08:29 AM
What on earth are you talking about?

Since when does the nationality or native language matter in Health Care?

Did that somehow become a problem on October 2013 and was never an issues before :rollseyes:

You lost ... get over it.
Keep telling yourself that. It'll be that much harder for you when you realize that you lost too.
Having health insurance doesn't mean you have health care. And, now that care will come with lower quality after longer waits.
Enjoy your pyrrhic 'victory'.