Thursday, February 21, 2019

Math is hard

To wit:
And by "scandalously" Mr K means "by an order of magnitude:"

"The fact that the CBO assumed 14 million could lose coverage mainly due to the elimination of mandate penalties helped kill the effort to repeal and replace Obamacare."

Uh, no: that falls 100% on the feckless GOP "majority."

Still, it's worth noting that the reality turned out to be a lot less of a big deal than the projections, and doubtless played at least some role in the mid-terms.

But that's not even the best part (for certain vales of "best"). No, the best part is this:

"... actuaries for the [CMMS] ... estimated that the elimination of the individual mandate would have a significantly smaller impact than the CBO has long estimated. Specifically, the CMS report revealed that 2.5 million more people would go without insurance in 2019 due to the repeal of the individual mandate's penalties, and the impact would be "smaller" thereafter."

In marked contrast  to the 13 or 14 thousand folks the CBO "guesstimated." Close enough for government work!
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