CBO’s Alternate Facts About Obamacare

Millions may lose cov­er­age next year if Con­gress does not repeal Oba­macare.

That’s not what this week’s Con­gres­sion­al Bud­get Office (CBO) analy­sis says, but it is real­i­ty. CBO’s esti­mat­ing mod­els seem imper­vi­ous to reality.

In the real world, the Oba­macare exchanges are in cri­sis, mil­lions of unin­sured peo­ple will­ing­ly pay or avoid IRS penal­ties, and con­sumers strug­gle with ris­ing pre­mi­ums and cost-shar­ing require­ments.  Read more on Nation­al Review Online.

What We Know And Don’t Know About Obamacare, Part II

More than five years after its enactment there still are many questions about whether Obamacare is working. Here are four of them.

More than five years after its enact­ment there still are many ques­tions about whether Oba­macare is work­ing. Here are four of them.

My pre­vi­ous post dis­cussed what we know about Oba­macare as its third open enroll­ment sea­son begins.  Here are four major ques­tions about the future of Oba­macare that remain unanswered.

Can insur­ance com­pa­nies make mon­ey in the exchanges with­out cor­po­rate wel­fare? Oba­macare con­tains some very expen­sive sweet­en­ers to entice insur­ance com­pa­nies to sell through the exchanges. These include risk cor­ri­dor pay­ments and $20 bil­lion over three years in inapt­ly named “rein­sur­ance” pay­ments, mon­ey gov­ern­ment takes from par­tic­i­pants in group health plans and gives to insur­ers that par­tic­i­pate in the exchanges. Both are sched­uled to end in 2017.

Con­tin­ue read­ing →

What We Know And Don’t Know About Obamacare, Part I

Obamacare's third open enrollment season launched yesterday. Here are six things we know about the program. (Tomorrow: four things we still don't know.) Credit:americanlegislator.org

Oba­macare’s third open enroll­ment sea­son launched yes­ter­day. Here are six things we know about the pro­gram. (Tomor­row: four things we still don’t know.) Credit:americanlegislator.org

Obamacare’s third open enroll­ment sea­son has kicked off, begin­ning the next chap­ter in its tur­bu­lent his­to­ry.  Today’s post dis­cuss­es what we know about Oba­macare.  Tomorrow’s will dis­cuss what we still don’t know.

What We Know

Few­er peo­ple are unin­sured. How many few­er is a mat­ter of dis­pute, but the improve­ment is sub­stan­tial by any mea­sure.  HHS Sec­re­tary Sylvia Bur­well cred­its Oba­macare with reduc­ing the num­ber of unin­sured peo­ple by 17.6 mil­lion since 2010.   And though you’ll like­ly hear this num­ber repeat­ed (and often round­ed up to 18 mil­lion), it’s almost cer­tain­ly exag­ger­at­ed.   Con­tin­ue read­ing →

Obamacare’s Next Chapter

Chief Justice John Roberts ' opinion in King v. Burwell betrayed widely-held misconceptions about health insurance markets.  [Credit: Human Events]

Chief Jus­tice John Roberts ’ opin­ion in King v. Bur­well repeat­ed wide­ly-held mis­con­cep­tions about health insur­ance mar­kets.  Con­ser­v­a­tives should take note. [Cred­it: Human Events]

“The Patient Pro­tec­tion and Afford­able Care Act grew out of a long his­to­ry of failed health insur­ance reform.” Chief Jus­tice John Roberts, in uphold­ing Oba­macare subsidies.

Oba­macare is the newest chap­ter in that long his­to­ry of failed health insur­ance reform.  Con­ser­v­a­tives who hope one day to replace it would do well to learn from its errors and con­ceits. Con­tin­ue read­ing →

Obamacare And The Daughters of (40% Less) Charity

The President last week professed his love -- appropriately chaste, of course -- for Sister Carol Keehan, president of the Catholic Health Association and tireless Obamacare advocate.  [Credit: Wikipedia]

The Pres­i­dent last week pro­fessed his love — appro­pri­ate and chaste, of course — for Sis­ter Car­ol Kee­han, pres­i­dent of the Catholic Health Asso­ci­a­tion and tire­less Oba­macare advo­cate. [Cred­it: Wikipedia]

I just love nuns gen­er­al­ly.  I’m just say­ing.  – Pres­i­dent Oba­ma, June 9

And nuns just love him too.  At least nuns who run hos­pi­tals seem to.  And with good rea­son: the Pres­i­dent advo­cates poli­cies that enable hos­pi­tals like those oper­at­ed by the Daugh­ters of Char­i­ty to pro­vide less char­i­ty.  Con­tin­ue read­ing →

Obamacare Has Reduced Uninsured By Nearly 8 Million

A fresh government study has found that Obamacare has so far reduced the number of uninsured by eight million. [Credit: publicbroadcasting.net]

A fresh gov­ern­ment study has found that Oba­macare has so far reduced the num­ber of unin­sured by eight mil­lion. [Cred­it: publicbroadcasting.net]

The num­ber of unin­sured peo­ple declined by near­ly eight mil­lion dur­ing the first nine months of 2014, reduc­ing their ranks to 37.2 mil­lion, accord­ing to an analy­sis of data released late last week by the Nation­al Cen­ter for Health Sta­tis­tics (NCHS).

The survey’s find­ings con­flict with a report issued last month by the RAND Cor­po­ra­tion, which esti­mat­ed that the num­ber of unin­sured fell by 16.9 mil­lion since Obamacare’s imple­men­ta­tion [sub­scrip­tion required].  The RAND study put the num­ber of unin­sured at 25.8 mil­lion, near­ly 12 mil­lion few­er than the NCHS esti­mate. Con­tin­ue read­ing →

Let States Exchange Obamacare For Something Better

Colorado Governor John Hickenlooper established an Obamacare state exchange that is now "teetering," according to a state official. [Credit: mnginteractive.com]

Col­orado Gov­er­nor John Hick­en­loop­er estab­lished an Oba­macare state exchange that is now “tee­ter­ing,” accord­ing to a state offi­cial. [Cred­it: mnginteractive.com]

In the 34 states that did not estab­lish Oba­macare exchanges, Gov­er­nors ner­vous­ly await a Supreme Court rul­ing that could throw their health insur­ance mar­kets into chaos. Mean­while, many of the Gov­er­nors who did estab­lish exchanges are regret­ting their decision.

More than five years after its enact­ment, Oba­macare has proven a bit­ter brew for many states.  Nowhere is this more evi­dent than in health care exchanges.  Con­tin­ue read­ing →

The GOP’s Gift To Henry Waxman — Part II

Cold War era Congressman Chet Holifield wanted the federal government to finance a network of underground bomb shelters.  His successor, Henry Waxman, wanted the federal government to take over health care. Holifield failed; Waxman is still doing just fine.  [Credit: NY Times]

Cold War era Con­gress­man Chet Holifield want­ed the fed­er­al gov­ern­ment to finance a net­work of under­ground bomb shel­ters. His suc­ces­sor, Hen­ry Wax­man, want­ed the fed­er­al gov­ern­ment to take over health care. Holifield failed; Wax­man did just fine. [Cred­it: NY Times]

Chet Holifield was obsessed with The Bomb.

Dur­ing a 32-year tenure that flow­ered dur­ing the Cold War, the Los Ange­les Con­gress­man sought fed­er­al mon­ey to help Amer­i­cans sur­vive a nuclear war.  He called for “a nation­wide sys­tem of under­ground shel­ters” in which to hud­dle, safe from irra­di­at­ed debris.

Though Holifield achieved suc­cess in oth­er areas – he was known as “Mr. Atom­ic Ener­gy” for his pro­mo­tion of nuclear pow­er — he left Con­gress in 1974 with­out ful­fill­ing his sub­ter­ranean vision. Con­tin­ue read­ing →

The GOP’s Gift To Henry Waxman — Part I

Nancy Pelosi (D-CA) and John Boehner (R-OH) took a bow when the House passed a $141 billion health care bill. But Henry Waxman deserves the credit. [Credit: Politico]

Nan­cy Pelosi (D‑CA) and House Speak­er John Boehn­er (R‑OH) took a bow when the House passed a $141 bil­lion health care bill. But Hen­ry Wax­man deserves the cred­it. [Cred­it: Politico]

“What a way to cel­e­brate a birth­day!”  – House Minor­i­ty Leader Nan­cy Pelosi (D‑CA) after the House passed bipar­ti­san health care legislation

Sor­ry, Nan­cy.  It’s not about you.

The $141 bil­lion health care bill that cleared the House last month and that is expect­ed to win Sen­ate approval next week is a trib­ute from the GOP-con­trolled Con­gress to for­mer Con­gress­man Hen­ry Wax­man, a man who worked tire­less­ly – and with great suc­cess – to expand health care-relat­ed wel­fare spend­ing. Con­tin­ue read­ing →

Obamacare: The More You Pay, The Less You Get

Obamacare enrollment increased this year, but only the poorest among the uninsured have so far signed up. [Credit: Arkansas Times]

Oba­macare enroll­ment increased this year, but only the poor­est among the unin­sured have so far signed up. [Cred­it: Arkansas Times]

Can gov­ern­ment get peo­ple to buy a prod­uct that mil­lions think isn’t worth the price?

That’s the ques­tion that health care ana­lysts are ask­ing as they pore over the results of the Oba­macare open sea­son that con­clud­ed on Feb­ru­ary 15. Con­tin­ue read­ing →