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
emptywheel @MarkSZaidEsq Sorry. Where did I say that? I didn't. You're straw manning again, as usual. @JesselynRadack @BradMossEsq
1mreplyretweetfavorite
emptywheel @MarkSZaidEsq Abt what the jury heard? Me. @JesselynRadack @BradMossEsq
1mreplyretweetfavorite
emptywheel @MarkSZaidEsq I have said to those who have asked that 1) Hunt was desperate 2) obv can't be true. @JesselynRadack @BradMossEsq
2mreplyretweetfavorite
emptywheel @MarkSZaidEsq Which has nothing to do with what came into the trial (again, not as fact, which I said) @JesselynRadack @BradMossEsq
2mreplyretweetfavorite
emptywheel @MarkSZaidEsq That may be your opinion. But that doesn't change the transcript or sworn testimony. @BradMossEsq @JesselynRadack
4mreplyretweetfavorite
emptywheel @MarkSZaidEsq So when I write abt facts--not Hunt's sworn claims--fair to say you weren't lawyer who called? @BradMossEsq @JesselynRadack
5mreplyretweetfavorite
emptywheel @MarkSZaidEsq No. I'm reporting what the jury heard, I said ZERO abt legal strategy. @BradMossEsq @JesselynRadack
5mreplyretweetfavorite
emptywheel @MarkSZaidEsq Because I actually attended the trial, which you didn't? Because it was? @JesselynRadack @BradMossEsq
6mreplyretweetfavorite
emptywheel @MarkSZaidEsq Which I wrote in the piece, which you claim you've read. @JesselynRadack @BradMossEsq
7mreplyretweetfavorite
emptywheel @MarkSZaidEsq That's your explanation. Not Hunt's, so not what jury heard. @JesselynRadack @BradMossEsq
12mreplyretweetfavorite
emptywheel @MarkSZaidEsq Again, as I noted, it was not entered as fact. But jury still heard it. @BradMossEsq @JesselynRadack
13mreplyretweetfavorite
emptywheel @MarkSZaidEsq yes. And it must be or you would have testified. But it came in nevertheless. @BradMossEsq @JesselynRadack
14mreplyretweetfavorite
September 2009
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