Obamacare to cost slightly less after SCOTUS ruling: CBO

Like all CBO estimates, they're only as good as the numbers they are given. In this case, they are even less reliable because they are guessing about the number of states that opt out of Medicaid coverage under Obamacare. New York Times: While it is not yet clear how many states will ultimately opt out of the expansion, the budget office said it now predicted that six million fewer people would be insured by Medicaid, the federal-state program for low-income people. Half of them, it said, will probably gain private insurance coverage through health insurance exchanges to be established in all states. On balance, the budget office said, in 2022, "about three million more people will be uninsured" than under its previous estimates. It now says that 30 million people will be uninsured in 2022, against its estimate of 27 million before the Supreme Court decision. The report estimates that 53 million people are now uninsured and that 60 million would be uninsured in 2022 if the...(Read Full Post)

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