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2016 Postmortem

In reply to the discussion: does anyone know [View all]

Autumn

(45,058 posts)
5. I think it would certainly help. I saw a post here where someone had posted an article that said
Fri Jan 15, 2016, 10:41 PM
Jan 2016

the ACA was unsustainable but I can't remember who is was that posted it. This is from the CBO on the costs of the ACA at Fact Check
http://www.factcheck.org/2015/02/conflating-costs-of-the-aca/

The CBO presented its updated estimates on the Affordable Care Act’s costs and impact on insurance coverage in a 15-page appendix. It estimated that the total net cost of the insurance coverage provisions of the law would be $1.35 trillion over 10 years, from 2016 through 2025. This net cost includes gross costs of $1.993 trillion, which includes spending on subsidies for insurance obtained through the exchanges, tax credits to small businesses and expanded Medicaid coverage, minus revenues of $643 billion, which includes penalty payments from those who don’t obtain insurance and employers who don’t provide it.
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