Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

yallerdawg

(16,104 posts)
4. More BS.
Wed May 24, 2017, 06:42 PM
May 2017

"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

Latest Discussions»Latest Breaking News»HHS Secretary Tom Price: ...»Reply #4