Name:   MartiniMan - Subject:   The reality behind the CBO score Date:   7/24/2017 2:33:49 PM (updated 7/24/2017 3:00:09 PM)

Oops....it turns out that the CBO's estimate that ~22 million will "lose" their health insurance under the various GOP plans is more than a bit misleading.  According to recently leaked CBO data, 73% of those who will "lose" their health insurance will actually be deciding to do so voluntarily because of the elimination of the mandate.  Of course this doesn't even begin to scratch the surface of the actual numbers given CBO's abysmal record of how many people will actually sign up for Obamacare as a result of the mandate.  This was covered in an earlier post but let's just say that abysmal is a kind word when describing a group that has a worse record than weather forecasters or the myriad of experts who never seem to get close to predicting economic data correctly.  

Imagine that, people being allowed to make a rational, economic decision to not pay thousands of dollars a year for health insurance that has ridiculously high deductibles meaning they are also out thousands of dollars before the insurance even kicks in.  Apparently this lie about the impact of the GOP plans is a big impediment to getting the thing passed.  There is zero reason the CBO should have any credibility with regard to their prognostications about health insurance, but at least knowing the truth about the GOP plan should help. And no, you won't hear this on pmsnBS, cBS, nBS, cnnBS or the various print media dinosaurs.