Quote:
Originally Posted by classicman
My last post was poorly written - I took your word for it that the number in MA was 3% -
Is that the number the CBO assumed is would opt-in nationally?
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No....the CBO uses widely accepted econometiric modeling and the MA experience was only one factor in which it would account for the difference in demographics to determine a reasonable expectation of participation.
The other factors are equally important, particularly determining different participation rates based on the different subsidy rates.....higher subsidies --> higher participation.
It is also a fact that a significant number (50% or more) of the uninsured between 19-26 would now be Medicaid eligible based solely on income.
It is also a fact that if you opt out and pay the penalty, you cant suddenly opt in at the time of an accident...and I think it is reasonable to assume that if you are young and newly married and want to start a family, then you would likely opt in rather than pay $8,000 (cost of a pregnancy) to start that family.