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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64 Responses to CBO on Co-Ops

Emptywheel Twitterverse
JimWhiteGNV RT @mellinger: After drafting a guy who beat up his pregnant girlfriend, the Chiefs asked for trust. Nope: https://t.co/BcQlpAoPeT
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bmaz Serious cred to @jaketapper for keeping the line where it should be as to the idiotic rump human wart asshole that is Ted Cruz.
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bmaz @armandodkos @BuzzFeedAndrew @NYTimesDowd Yeah, of course not. It never is when it comes to Clinton. It is always roses and champagne. #orBS
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bmaz @RMFifthCircuit Um, so the time I spent snow and water skiing is no good?
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bmaz RT @NYDailyNews: Ex-cop gets $108G disability pension while training aspiring cops https://t.co/JJZPak4kRe https://t.co/0CPVwkap62
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bmaz By all means, because she is presumptive Dem nominee, we should blow off all concerns of warmongering as to Clinton https://t.co/XK9CPerotL
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bmaz @armandodkos @BuzzFeedAndrew @NYTimesDowd Duh. And, despite the normal Dowd stupid rhetoric, title is spot on about Clintonian warmongering.
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bmaz @BuzzFeedAndrew @armandodkos @NYTimesDowd Personally, will be glad to reach the point where Anti-Berners quit shitting on own side of party.
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bmaz @virtualstatman @PogoWasRight Yeah, that noise should be done now.
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bmaz RT @PogoWasRight: You knock someone out of the race by hitting them TWICE & all you get is a 10-sec stop and go? Oh wait, it's the RUSSIAN…
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bmaz RT @PogoWasRight: How is that not chilled vodka for the podium? C'mon.... @F1onNBCSports #RussianGP #F1
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emptywheel 5 years after OBL raid the war against him continues unabated.
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