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 @ddayen A very good question. I'm not even sure I have a hotel room, much less swank dinner reservations. @bmaz
21mreplyretweetfavorite
emptywheel .@AllThingsHLS Surely you're not suggesting the FBI is held to a higher standard of competence than the Senate?
26mreplyretweetfavorite
emptywheel @AllThingsHLS 5 days! It's only the equivalent of a pen register on every American...
44mreplyretweetfavorite
emptywheel Garden variety pen registers have to be renewed every 90 days. The current phone dragnet is already 91 days old. https://t.co/ZySYAei2Bf
46mreplyretweetfavorite
emptywheel Behold, BR 15-24, the Longest-Serving Phone Dragnet Order Ever https://t.co/ZySYAei2Bf Feinstein wants to extend it over a year.
52mreplyretweetfavorite
emptywheel @flyinggibbon No staff, which I think extends to friends and their yachts.
1hreplyretweetfavorite
bmaz @weems @OKnox No, that's a decent plan. In fact, I try to impart upon clients to avoid handcuffs at all costs. Some of them even heed advice
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bmaz @weems @OKnox I have several utility knives out in my workshop, is this the kind of "utility" we are talking about? #FirstCutIsTheDeepest
1hreplyretweetfavorite
emptywheel @ubiqunity But even under Stellar Wind they did period renewals.
1hreplyretweetfavorite
emptywheel @ubiqunity Not a dumb question! FISA Pen Registers have to be renewed every 90 days, so Internet dragnet on which phone was based renewed.
1hreplyretweetfavorite
emptywheel Today current phone dragnet order turns 90 days old. Think that makes it the longest-serving dragnet order. DiFI wants it extended a year
2hreplyretweetfavorite
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