3 ms·
Citation please. As of February, it was about $130 billion off over 10 years (i.e. $1.3 trillion vs. $1.17 trillion). That is not 'severalfold'. http://www.c
by parasubvert 13y ago
Citation please.
As of February, it was about $130 billion off over 10 years (i.e. $1.3 trillion vs. $1.17 trillion). That is not 'severalfold'.
http://www.californiahealthline.org/articles/2013/2/6/cbo-updates-spending-projections-for-aca-medicare-medicaid http://www.californiahealthline.org/articles/2013/2/6/cbo-up...
And insurance premiums on ACA exchanges are coming in 20% lower than expected:
http://aspe.hhs.gov/health/reports/2013/MarketCompetitionPremiums/rb_premiums.pdf http://aspe.hhs.gov/health/reports/2013/MarketCompetitionPre...
I do agree Republicans believe this thing is going to fail and are trying hard to encourage that.
- btilly 13y agoThe figure that I was comparing is the initial cost of setting up the exchanges in the first place. From memory it was estimated by the CBO at about 6 billion, but only 1 billion was allocated for it. That is several-fold, though only a drop in the bucket compared to the 10 year figures once it is rolled out. I can't easily find a citation for it right now though. But http://www.cbsnews.com/8301-250_162-57589988/smooth-on-time-obamacare-rollout-no-sure-thing-gao/ http://www.cbsnews.com/8301-250_162-57589988/smooth-on-time-... confirms that at this point the rollout is facing potential trouble and needs billions more.
- parasubvert 13y agoThanks. I have heard some republican state governors are pushing exchange setup to the Feds as part of their "gum it up" strategy, which may be pushing setup costs up. That said, as strange as it is to say, 5 billion is a relatively small number for the US government or the US economy.