Paul Krugman: CBO: ACA OK
What with the fuss over the CBO estimates of employment effects of health reform — Appendix C — everyone seems to have overlooked Appendix B, on the reform’s effects in doing what it was supposed to do: cover the uninsured. How has the disastrous initial rollout affected CBO’s projections about reform’s near future?
Here’s the answer:
Oh noes! The exchanges will cover 6 million people, not the 7 million we expected! The number of uninsured will fall 13 million, not 14 million!
In short, CBO thinks that reform has been only mildly set back by the healthcare.gov mess, that at this point it’s going pretty well. And by the way, these are predictions we’ll be able to test in real time, unlike the labor force estimates, which will get lost in statistical noise.
http://krugman.blogs.nytimes.com/2014/02/05/cbo-aca-ok/?_php=true&_type=blogs&smid=tw-NytimesKrugman&seid=auto&_r=0
