Brian Blase of the Mercatus Center: “First, CBO significantly overestimated the degree to which the individual mandate would induce relatively healthy people with middle class income to buy coverage in the exchanges. Second, CBO failed to anticipate that states would respond to the federal government’s elevated reimbursement rate for the Medicaid expansion by maximizing enrollment and paying insurance companies extremely high payment rates for this population. CBO has not yet explained if or how it has corrected its models for these past mistakes, but it should do so if it wants to improve confidence in its estimates of repeal and replace legislation.” (Forbes)
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