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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Emptywheel Twitterverse
bmaz When it comes to crim justice, procedural+civil rights concerns, Joe Biden is the same horrible man Roger Goodell is: http://t.co/MJpyiWIfHz
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bmaz @kdrum @unorigmoniker Now THAT might actually make America great again.
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emptywheel @astepanovich Dunno. We should get someone to apply to see what they want. ;p
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emptywheel "Act as a senior Agency rep to private sector, particularly for engagements w/cos in info tech business sector." https://t.co/GVLI73mKNL
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emptywheel And, as @riffraafx and @HeerJeet noted, this is more evidence GOP is going thru Kubler Ross process w/Trump. http://t.co/Cd8qH1JBjH
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emptywheel One thing I'd add to my 5 stages of Donald Trump grief http://t.co/J3HAiONyhr would be this meltdown at focus group. http://t.co/uw8J55DLRH
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emptywheel I beat Vox to a Kubler Ross 5 Stages of Donald Trump grief, but I could already update it w/further evidence. http://t.co/J3HAiONyhr
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emptywheel I love GOP primary season, I'm not going to lie. Since 2007 it has been the best -- and funniest -- reality show on TV.
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bmaz Oh, well then, I wonder what King Goodell is thinking about now?? Be prepared to find extreme BS from @NFL #CantWait https://t.co/fbofMuahOU
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bmaz Judge Berman orders NFL-NFLPA to not file documents under seal http://t.co/lPsVP8ErUD via @ProFootballTalk
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bmaz @benjaminwittes Naw, this one is stupid.
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