CBO’s Increasing Pessimism

cbouiprojections

Source: Chris Conover at Forbes.

Comments (16)

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  1. Yancey Ward says:

    This tells me HHS actually has the numbers everyone wants to know, but is holding them so they can trumpet the 7.1 million instead. I doubt you ever learn from HHS how many of those 7.1 million are true purchases, or how many of the true purchases are newly insured. Someone is going to have to subpoena the carriers themselves.

  2. Perry says:

    In the end, I don’t think the numbers will matter much. Right now, the Administration is using these numbers against the opponents saying “see we told you it would work”. However, a majority of the populace still is distrustful of the plans, many have seen premiums rise and many will have trouble getting in to doctors. Not to mention, while most doctors are happy to see folks be able to be covered, are disgusted with the Federal control of medical care.
    Therefore, as time goes on, the fallacy of this law will reveal itself.

  3. Vagas says:

    Looks that it is not a bad situation.

    • James M. says:

      Well the uninsured was not reduced as predicted. It certainly is a bad situation for ObamaCare.

  4. Matthew says:

    The government will continue to boast the wrong data for the sake of stating the success of ObamaCare. However, hopefully seeing the less than stellar percentage of actual reduction will be a wake up call for citizens.

  5. Charles M says:

    Regardless of what the administration claims, the people are the ones who know the truth. Let’s assume that actually 7.2 million people enrolled. Also, let’s believe them that those enrollees were in desperate need of government assistance and were screaming for the support of the government, because otherwise they wouldn’t be able to have insurance. Let’s believe all these claims and let’s wait. Even if they were successful in the enrollment figures, what truly matters is satisfaction. Let’s wait until the first people are denied coverage, let’s wait until the deductibles are unpayable, and let’s wait until it takes months to receive treatment. It won’t take long for all of these to happen, so let’s patiently wait. When the flaws start being felt by the people and they realize that the system is near implosion, they will listen to facts. Before that, nothing will make them change their views.

    The administration may be shoving these numbers to the naysayers, but it is a question of time, before the roles change. The democrats are using it as their banner to affront the upcoming elections; they want to show they made an excellent reform. But it won’t take long for the people to realize the mistakes. People are rational, and when the effects of Obamacare are felt, they will punish the Democrats. So, let’s wait, let them claim victory for now, in the long run, this reform will be their downfall.

    • Andrew says:

      Just wait until everyone drops their coverage because of cost. Figures are what they are because people are excited about having healthcare, and supporting the president. But once reality hits and the bill comes, watch the uninsured go up again.

      • Buddy says:

        Those who vote democrat don’t know what they are getting into. They are still in the honeymoon phase of ObamaCare. They will be disgruntled like the rest of us soon enough.

      • Thomas says:

        That’s what skews the data. All these people have SIGNED up, but they haven’t PAID up yet. So they are not really insured yet.

  6. Gabriel R says:

    The CBO is increasingly pessimistic about the results of Obamacare, a sentiment that is being reflected by the people. Every time there is an adjustment in the forecast, the administration tries to counter with a new executive order to increase enrollment. This has skewed the figures and makes the program seem better than it really is. Until we don’t see the full effects of the law, we will not be able to judge it.

  7. John R. Graham says:

    Aside the measurement issue, I have always rejected combining people with Medicaid and people with private insurance in one bucket called “insured”. If I added the people on TANF and UI to the people with jobs and labeled the whole bucket “employed”, that would be absurd. If I added the people who are living in shelters to the people who own, are paying their mortgages, or rent and label that bucket “housed”, that would be absurd.

    Many of the newly Medicaid-eligible would have received private insurance during the economic recovery, in the absence of Obamacare. That is what is called crowding out.

  8. John Fembup says:

    So the administration says that 7million “enrolled” means Obamacare is repeal-proof? Does that mean the Administration will now leave Medicare Advantage alone, since it has 14 million ACTUAL enrolled?