HHS Secretary Tom Price: CBO Score On Health Care Bill Is 'Wrong Again'
Source: Talking Points Memo
By ESME CRIBB Published MAY 24, 2017 6:08 PM
Health and Human Services Secretary Tom Price on Wednesday tried to undermine the non-partisan Congressional Budget Offices estimate that 23 million people will lose insurance coverage under the Republican bill to repeal and replace Obamacare.
The CBO was wrong when they analyzed Obamacares effect on cost and coverage, and they are wrong again, Price said in a statement. He claimed that under Obamacare Americans are paying more for fewer healthcare choices.
In a highly anticipated analysis released Wednesday, the CBO estimated that under the repeal bill, 14 million fewer people would be enrolled in Medicaid in 2026 than projected under current health care law.
House Republicans voted to pass the repeal bill earlier in May without waiting for the CBO to release its score, pushing through legislation that the office has now estimated would make coverage more expensive for older and lower-income consumers and throw millions more off their insurance.
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Read more: http://talkingpointsmemo.com/livewire/tom-price-cbo-score-obamacare-repeal
cstanleytech
(26,281 posts)still_one
(92,136 posts)patients
mpcamb
(2,870 posts)for the trump administration.
He lies whenever his lips move.
MadDAsHell
(2,067 posts)Weren't they off on 25 year Medicare costs by like a factor of 10?
And ACA cost estimates doubled from $1 trillion to $2 trillion within only a matter of a year or two?
Doesn't change the fact that this is a joke of a healthcare bill, but I wouldn't trust the CBO on anything.
diva77
(7,640 posts)Demit
(11,238 posts)still_one
(92,136 posts)it didn't take into consideration the push by republicans in those "republican" states to sabotage it by not setting up exchanges, or encouraging people in those states NOT to participate, in the ACA or the SC decision that allowed 19 states to refuse to expand Medicaid eligibility.
Also, the CBO not only justifies its estimates, it revises them accordingly as more information becomes available.
Most important, it IS NON-PARTISAN, unlike the bullshit right wing talking points. In fact, California, a state which fully embraced the ACA, recorded significant healthcare coverage gains since 2013.
California, unlike many states, used the health law to EXPAND the Medicaid safety net, and build a marketplace that put strict requirements on insurance companies. In other words, California did it right.
politicat
(9,808 posts)We learned how to treat cancer, use computers for diagnostic imaging, implant reliable pacemakers, run effective stents and shunts, replace valves, transplant one liver into multiple people, cure Hep C, replace knees and hips with titanium, mitigate MS, ALS and rheumatic arthritis, and manage hundreds of conditions with medication. In 1975, those were almost all quickly fatal, and thus not too expensive.
That's what skewed that old CBO estimate that these chowderheads keep pulling out. The 1980 to 2005 estimate is also bad, as is the 1985 to 2010. By 1990, the numbers fall into line, because the CBO recognized that technology would change everything.
yallerdawg
(16,104 posts)"To be sure, the exchanges did not turn out to be as vibrant as expected. But their enrollment was also dampened because fewer employers stopped offering coverage than the CBO originally thought, said Marc Goldwein, senior vice president at the Committee for a Responsible Federal Budget. This would have sent more people looking for policies on the exchanges.
And, more Americans turned out to be eligible for Medicaid, further reducing the number of folks buying policies on the exchanges.
However, the agency was much closer to the mark on Obamacare's overall impact on coverage. In its original 2010 estimate, CBO thought the insured rate for non-elderly adults would rise to 92% in 2016. It tempered that view somewhat in 2013, after the Supreme Court ruled that expanding Medicaid was optional for states. The revised forecast was that 89% would have coverage in 2016.
It turns out that 89.7% of Americans under age 65 had insurance last year, according to Centers for Disease Control and Prevention data. That's up from 83.4% in 2013, before the exchanges opened and Medicaid expansion officially began. (A few states launched the program earlier.)"
http://money.cnn.com/2017/03/09/news/economy/cbo-obamacare/index.html
DonCoquixote
(13,616 posts)rule one:when some statistics point to you, even in a very dubious manner, quote them like they are gospel.
rule two:When some statistics actually prove you to be not only wrong, but ridiculously wrong, call them "fake news" and gaslight anyone that there is see that the Emperor is naked.
iluvtennis
(19,849 posts)nwduke
(350 posts)Since trump, his administration, and the GOP have no credibility, who ya gonna believe?
Thinkingabout
(30,058 posts)same rules as they are writing for us. Let them pay half of their salary for health insurance premium
keithbvadu2
(36,775 posts)Make sure to mention this --- OFTEN
(Republican Congressman) voted for special benefits/treatment for himself, his family and staff.
https://www.vox.com/2017/4/25/15429982/gop-exemption-ahca-amendment
Republicans exempt their own insurance from their latest health care proposal
Republican legislators want to keep popular Obamacare provisions for themselves and their staff.
dhill926
(16,337 posts)asshole...
turbinetree
(24,695 posts)ask yourself this simple question do you think this f***ing rider had anything to do with what is going on now ------yes or no
https://www.nytimes.com/2015/12/10/us/politics/marco-rubio-obamacare-affordable-care-act.html
Purple Dinger
(8 posts)Turn in your resignation for being wrong. 45 hates people who are wrong. You just happen to be one.