CBO on Co-Ops

Ezra has posted the CBO’s initial estimates on the costs of MaxTax–some of the assumptions for which seem to pretend that insurance companies will not react in any way to the new rules imposed by MaxTax.

But before I get into what CBO’s assumptions, here’s what CBO thinks of Baucus’ crappy co-op option.

(The proposed co-ops had very little effect on the estimates of total enrollment in the exchanges or federal costs because, as they are described in the specifications, they seem unlikely to establish a significant market presence in many areas of the country or to noticeably affect federal subsidy payments.)

That is, as designed, the co-ops would not be more attractive than the private insurance options, nor would they bring down subsidies (which means they wouldn’t bring down costs to us, either).

As designed, the co-ops are totally worthless.

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bmaz .@LemieuxLGM And, by the way, Bernie, his wife, and only two others in party, could not possibly have been nicer, nor more genuine.
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bmaz @LemieuxLGM In July, @BernieSanders came into a very conservative steakhouse I was in, Durants, in Phoenix, and the whole place cheered him.
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bmaz @mikeanddave Seriously, what the fuck kind of shit is this. STOP promoting it in my timeline you PR jackasses. Fuck off.
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bmaz @yeselson @tomwatson @emilynussbaum @ebruenig And that's irrespective of which side any of us may be buying into during a contested primary.
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emptywheel RT @SenJohnMcCain: Heading to Senate floor to discuss proposals to revive waterboarding & other inhumane interrogation methods - watch: htt…
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emptywheel RT @AnonyOps: New Scientist: Sleep deprivation linked to false confession in milestone study https://t.co/AIo6XQdKBT https://t.co/mBwjniSMyB
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bmaz @yeselson @tomwatson @emilynussbaum @ebruenig I agree. There is so much more+deeper implications to this issue than political Twitter takes.
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emptywheel @DevlinBarrett Does that include IDing people who've sold themselves out for Bitcoin?
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emptywheel @attackerman Well, what are you still lolly-gagging around here for? @AliWatkins
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emptywheel @attackerman Ah, missed that while CSPAN's website was being a jerk. You'll have the scoop on who is set to replace him? Monaco? O'Sullivan?
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emptywheel @OKnox My ability to fathom a Bernie presidency starts failing when I think abt Qs like this.
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emptywheel @MinimizedPotus Planning on it. Brennan too, first public hearing since torture report.
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