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 @ShaunKing That's a Page as distinct from a post. Different category. Then you need to tell WP where you want it to shot up.
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bmaz Wolverweenies apparently bought the same corrupt refs Notre Dame regularly does. Only way they can win! #SayNoToBoMerlot
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bmaz @downwithtyranny @Atrios Also, if "material support for terrorism" can be applied to youths who cant afford tennis shoes, then Pete King too
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bmaz @downwithtyranny @Atrios Cause out here in desert, we still wear those Corbin, Brooks+other summer suits. DC reporters NOT fashion arbiters!
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bmaz @downwithtyranny @Atrios Wait a second Howie, you are not on the Tan Suit killer crew are you?? OK, didn't think so.
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bmaz McCain, Peter King and Danielle Fucking Pletka?? This weeks winner of total Sunday Talk Show loserdom is once again Face The Nation.
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emptywheel @downwithtyranny What's odd is if he had any hope of doing well in 2016 it'd have to be reaching out to white working class worried abt jobs
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bmaz @OBEYshiba Meh, would not expect you to know Bill or John Ross. Even as a local, unless you were an attorney around at the time. Good guys.
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emptywheel @MasaccioFDL Well-dressed bedwetters, presumably
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emptywheel @dangillmor True! Something to be "proud" of. Outdoing OK in modernized barbarism.
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emptywheel @laRosalind No no. The US uses OTHER barbaric ways of executing people. Very modern barbaric ways. @dangillmor
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bmaz @OBEYshiba Bill Blakley was a friend of mine. Great guy.
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