CBO Predicts 18 Million Uninsured, Higher Premiums In First Year After Obamacare Repeal And Delay

[Crabtownboy]

The Congressional Budget Office just issued a report on the likely effects of a Republican effort to repeal Obamacare immediately but keep some elements of the coverage expansion in place for two years.

The numbers are staggering and suggest the GOP will find it difficult to keep its promise of an “orderly transition,” unless they deviate significantly from a prototype repeal bill they passed last year.

Within the first year, the CBO predicts, 18 million people would lose insurance. In addition, premiums for people buying coverage on their own would increase, on average, by 20 to 25 percent relative to what they would be if the Affordable Care Act remained in place.

And that’s just the short-term effects that a “repeal-and-delay” strategy would have. Once Obamacare’s tax credits and Medicaid expansion expired fully, the CBO says, millions more could lose insurance and premiums would rise yet again.

http://www.huffingtonpost.com/entry/obamacare-repeal-and-delay-cbo_us_587e4389e4b0f63fcfa3211b

http://thehill.com/policy/healthcar...epeal-could-leave-32-million-without-coverage

 

[Yeshua1]

The Congressional Budget Office just issued a report on the likely effects of a Republican effort to repeal Obamacare immediately but keep some elements of the coverage expansion in place for two years.

The numbers are staggering and suggest the GOP will find it difficult to keep its promise of an “orderly transition,” unless they deviate significantly from a prototype repeal bill they passed last year.

Within the first year, the CBO predicts, 18 million people would lose insurance. In addition, premiums for people buying coverage on their own would increase, on average, by 20 to 25 percent relative to what they would be if the Affordable Care Act remained in place.

And that’s just the short-term effects that a “repeal-and-delay” strategy would have. Once Obamacare’s tax credits and Medicaid expansion expired fully, the CBO says, millions more could lose insurance and premiums would rise yet again.

http://www.huffingtonpost.com/entry/obamacare-repeal-and-delay-cbo_us_587e4389e4b0f63fcfa3211b

http://thehill.com/policy/healthcar...epeal-could-leave-32-million-without-coverage

Many of those people are choosing not to ge it,a s young and healthy, others under parents coverage still, and ohters under state coverage, so not nearly as big as that!

 

[carpro]

Wasted space. The above is not the plan.

 

[HankD]

What would you expect from the Henny Pennies and Turkey Lurkeys?

HankD

 

[Alcott]

The Congressional Budget Office just issued a report on the likely effects of a Republican effort to repeal Obamacare immediately but keep some elements of the coverage expansion in place for two years.

The numbers are staggering and suggest the GOP will find it difficult to keep its promise of an “orderly transition,” unless they deviate significantly from a prototype repeal bill they passed laste

O Fearful and Hateful, my premiums via employer tripled this year, soI I shopped on my own and pay about the same as last year. Government out!

 

[HankD]

My premiums went from $17.00/month to $99.00/month since ObamaCare.

HankD

 

[carpro]

My premiums went from $17.00/month to $99.00/month since ObamaCare.

HankD

Not bad. That's only a little over 500%.

 

[Crabtownboy]

Not bad. That's only a little over 500%.

Your math is as bad as your logic.

Do a bit of study and learn how to figure percentages.

 

[HankD]

Repeat, I am giving the Trump administration a chance and some time before I begin a criticism campaign.

Let's see what the traditional first 100 days brings forth.

HankD

 

[TCassidy]

More fake news.

 

[HankD]

Your math is as bad as your logic.

Do a bit of study and learn how to figure percentages.

Let's see

99 divided by 17 = 5.82



HankD

 

[Crabtownboy]

Let's see

99 divided by 17 = 5.82



HankD

Hank,

Two problems with your reply.

Your answer is 5.82%, not 500% which Carpo said.

 

[TCassidy]

Your answer is 5.82%, not 500% which Carpo said.

You flunked math, didn't you?

His answer is 582%. In other words, 5.82 X $17 = $98.94 rounded off to $99.

 

[HankD]

Hank,

Two problems with your reply.

Your answer is 5.82%, not 500% which Carpo said.

Amazing CBT.

Must be common core.

HankD

 

[TCassidy]

Here. Maybe I can help him understand.

25% = 1/4
50% = 1/2
75% = 3/4
100% = 1
200% = 2
300% = 3
400% = 4
500% = 5
582% = 5.82

Got it now?

 

[InTheLight]

You're all wrong. The percent increase is 482%

You're welcome.

Sent from my Moto Droid Turbo.

 

[Crabtownboy]

Here. Maybe I can help him understand.

25% = 1/4
50% = 1/2
75% = 3/4
100% = 1
200% = 2
300% = 3
400% = 4
500% = 5
582% = 5.82

Got it now?

Watch out about your insults, they may come back to bit you. Your figure is wrong.

InTheLight is correct with his answer. The exact percent is:
[(99 - 17) / 17] × 100% = 4.823529411764706 * 100% = 482.35294117647055%

 

[TCassidy]

GIGO

$17 x 100% = $17
$17 x 200% = $34
$17 x 300% = $51
$17 x 400% = $68
$17 x 500% = $85
$17 x 600% = $102
$17 x 582% = $98.94 rounded to $99

 

[InTheLight]

GIGO

$17 x 100% = $17
$17 x 200% = $34
$17 x 300% = $51
$17 x 400% = $68
$17 x 500% = $85
$17 x 600% = $102
$17 x 582% = $98.94 rounded to $99

You flunked math, didn't you?

Crabby has the correct formula.

Here's a way to think of it that might be helpful.

You're not starting at $1, you're starting at $17.

Thus,

17 + (17 * 400%) + (17 * 82%)
= 17 + (68)+ (13.9)
= 17 + 81.9
= 98.9

Sent from my Nexus 7 using Tapatalk

 

[HankD]

OK what I know is my premium went from $17.00 to $99.00 per month.

99 divided by 17 =5.82.

So I'm paying 5.82 times more per month now than I did before ObamaCare.

HankD