Monday, June 26, 2017

CBO Healthcare and Facts

The current debate in Healthcare is again filled with junk "facts". The CBO claims:

The Senate bill would increase the number of people who are uninsured by 22 million in 2026 relative to the number under current law, slightly fewer than the increase in the number of uninsured estimated for the House-passed legislation. By 2026, an estimated 49 million people would be uninsured, compared with 28 million who would lack insurance that year under current law.

 Now the Census Bureau notes:

The total U.S. population is projected to increase by 98.1 million between 2014 and 2060. As shown in Figure 1, the population is expected to increase from just under 319 million in 2014 to just under 417 million in 2060. This corresponds to an average increase of 2.1 million people per year.

This means that we will be well over 350 million by 2026. We just reached 325 million as of this week! Thus 22 million of 350 million is 6% of the population who will be off Medicaid! This is less than what the ACA put on Medicaid.

These numbers are utter nonsense. I expect the Press in all its ignorant glory will spin this nonsense with no reference to the facts!