Tuesday, March 14, 2017

Trump White House's OMB report estimate higher than CBO, 26 million losing insurance.

Nothing says irresponsible more than Trump's willingness to let the ACA collapse, to see the devastation, just to prove a point and leave 20 million people without insurance:
Trump expressed doubts about the political wisdom of pressing ahead, repeating his frequent musing again Monday that it would be easier to just let ObamaCare fall under its own weight. 
“The best thing you could do politically is wait a year, cause it’s going to blow itself off the map. But that’s the wrong thing to do for our country. It’s the wrong thing to do for our citizens.” 


And yet, Trump already knew what the CBO report would say, because his own Office of Management and Budget forecast came in a little over the CBO's conclusion.Politico:
A White House analysis of the GOP plan to repeal and replace Obamacare shows even steeper coverage losses than the projections by the Congressional Budget Office, according to POLITICO on Monday.

The Office of Management and Budget forecast that 26 million people would lose coverage over the next decade, versus the 24 million CBO estimates. The analysis found that under the American Health Care Act the coverage losses would include 17 million for Medicaid, six million in the individual market and three million in employer-based plans. A total of 54 million individuals would be uninsured in 2026 under the GOP plan, according to this White House analysis. 
And yet…
The White House has made efforts to discredit the forecasts from the nonpartisan CBO.
You won’t believe the excuse Trump tried to sell to the press; the OMB didn’t look at the GOP plan, but tried to predict what the CBO would come up with. Another lie:
White House officials late Monday night disputed that the document is an analysis of the bill’s coverage effects. Instead, they say it was an attempt by the OMB to predict what CBO’s scorekeepers would conclude about the GOP repeal plan. According to documents viewed by POLITICO, the OMB analysis intended to assess the coverage and spending outcomes of the legislation.
GOP hurts older Base Voters Most: Remember how Ryan assured senior voters his Medicare reforms wouldn’t hurt them, keeping them as a reliable voting block? Well, those soon to be on Medicare, after paying in all their lives, just got a nasty wakeup call:
While premiums would fall 10 percent overall by 2026, CBO found, they would increase by an average of 20 to 25 percent for a 64 year-old. Premiums after financial assistance for a 64 year-old making $26,500 would increase from $1,700 to a whopping $14,600 under the GOP bill, the report said.
And about the CBO prediction Republicans claimed was way off? Well, the CBO prediction included a 50 state expansion of Medicaid, which was later struck down by the Supreme Court, thanks to forgetful Republicans.
The nonpartisan budget office predicted that 21 million individuals would gain coverage through the exchange markets in 2016, but only about half that many actually enrolled. 

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