CBO’s Failed Obamacare Enrollment Projections

Why should we trust the CBO’s projections about GOP plans?

They got Obamacare off by MORE than 50%!

In 2012, the CBO estimated that 25 million people would have coverage under Obamacare right now. According to a June 2017 report from HHS, only 10.3 million were actually enrolled. CBO’s guess was off by nearly 15 million people. And as the chart shows, CBO has consistently gotten it wrong.

2017_07 Obamacare CBO failed projections

Source:

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3 Comments

Filed under HHS, Obamacare

3 responses to “CBO’s Failed Obamacare Enrollment Projections

  1. chrissythehyphenated

    Obamacare insurers in Montana have requested premium rate hikes as high as 23% for next year.

    http://freebeacon.com/issues/health-insurers-montana-request-premium-rate-hikes-high-23/

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  2. chrissythehyphenated

    AG Sessions announced on Thursday that the Department of Justice (DOJ) has charged 416 people with healthcare fraud that cost taxpayers approximately $1.3 billion.

    http://thehill.com/policy/healthcare/341835-justice-department-charges-more-than-400-individuals-with-healthcare-fraud

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  3. chrissythehyphenated

    Wow. THIS from the WASHINGTON POST?!

    In the coming days, the Congressional Budget Office will release an updated analysis of the Senate bill to repeal and replace Obamacare. The CBO will likely predict lower health insurance coverage rates if the bill becomes law. The American people and Congress should give this prediction little weight in assessing the bill’s merit.

    The reason: The CBO’s methodology, which favors mandates over choice and competition, is fundamentally flawed. As a result, its past predictions regarding health-care legislation have not borne much resemblance to reality. Its prediction about the Senate bill is unlikely to fare much better.

    https://www.washingtonpost.com/opinions/the-fundamental-error-in-the-cbos-health-care-projections/2017/07/14/25f0d8a4-67ee-11e7-a1d7-9a32c91c6f40_story.html

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