Saturday, April 26, 2014

Taxpayers Shell Out Over $53K Per Newly Insured Person Under Obamacare?


From the Daily Caller:
Taxpayers will pay over $53,000 per each person newly insured under Obamacare, according to a Daily Caller News Foundation analysis of the Congressional Budget Office data. 
Last week’s highly debated CBO report found that Obamacare will cost slightly less than expected over the next decade. The budget office shifted its assessment of the health care law due to unexpectedly low premiums, which it attributed not to lowered costs but on “less attractive” health insurance offerings than it assumed would be available. 
The Center on Budget and Policy Priorities, a liberal fiscal policy group, released its own analysis of the CBO findings Tuesday, concluding that the CBO had also cut the estimated cost of the Medicaid expansion on state budgets. 
The CBO predicts that on average, federal taxpayers will now pay over 95% of the total cost of the Medicaid expansion. Fewer than expected Americans who were already eligible for traditional state Medicaid programs signed up for coverage while programs received free publicity due to the furor over the Medicaid expansion, leading to a lowered estimates of the Medicaid costs states will incur.

1 comment:

Anonymous said...

Cover Oregon board votes to abandon state exchange, move to federal marketplace
*****
Oregon Promotes Obamacare, Enrolls No One
Oregon, a State that spent $3.2 million on ads like this one to ensure its State-run Obamacare exchange would take off with willing customers, has yet to enroll a single living soul in any of its new coverage plans.

*******
Congressmen want probe of Oregon's Obamacare exchange