Yesterday, the Congressional Budget Office released its analysis
of the effects that the Senate health care bill would have on
insurance premiums. In my
writeup of the report, I emphasized the part of the analysis
that projected the bill would raise premiums in the individual
market by 10 percent to 13 percent, or more than $2,100 for the
typical family policy. As I also noted, the report found that the
bill would have a negligible impact on the employer-based market,
causing either no change or a slight decrease in the price of
premiums. Understandably, Democrats chose to focus on the news
concerning the employer-based market, but I was surprised to see
that the Washington Post, in a front page story,
completely bought into their spin. The article, titled "Senate
health bill gets a boost,"
begins:
As the Senate opened debate Monday on a landmark plan to
overhaul the nation's health-care system, congressional budget
analysts said the measure would leave premiums unchanged or
slightly lower for the vast majority of Americans,
contradicting assertions by the insurance industry that the
average family's coverage would rise by thousands of dollars if
the proposal became law.
The article continues along these lines, and only mentions the
fact that it would increase premiums in the individual market
after the jump to page A7, in paragraph 15 of an 18 paragraph
story.
It's worth keeping in mind how much the goal posts have shifted
this year. At the outset, reforming the health care system was
supposed to bring down premiums that were imposing an economic
burden on individuals and businesses. Now we're supposed to
celebrate a bill that would raise premiums on individuals by
10-13 percent -- unless they qualify for government subsidies --
and that, at best, will have a minimal affect on premiums for
employers (though other parts of the bill impose new taxes on
them).
…for your WordPress blog. Topsy Plugin – WordPress 1 Shortened Links Linking to the spectator.org page http://bit.ly/7zo5oU info 2 tweet retweet The American Spectator : AmSpecBlog : Washington Post Spins CBO Report for Democrats spectator.org/blog/2009/12/01/washington-post-spins-cbo-repo – view page – cached Yesterday, the Congressional Budget Office released its analysis of…
Dav id Gitlitz| 12.1.09 @ 2:29PM
The New York Times put the same spin on the CBO report. I didn't
have the stomach to read down far enough to see whether they even
the mention the projected rise in individual premiums. Birds of a
feather, you know.
Oldefarte| 12.1.09 @ 2:46PM
In the first place, it is nothing but WELFARE; and in the second
place, it will raise substantially the insurance premiums of all
taxpayers currently having healthcare insurance!!!!
Key part: "But as the CBO explains on page five, part of the
increase in the type of insurance being purchased is the result
of "people’s decisions to purchase more extensive coverage in
response to the structure of subsidies." In other words, the
change is driven by the subsidies, not offset by them.
To see this more clearly, imagine that the University of Florida
decided to give incoming students who receive financial aid an
$800 credit to purchase a laptop computer. You'd expect that the
average computer purchased by students on financial aid would
become a bit more expensive. But that wouldn't be because
computers had become more expensive. It would be because people
now had money to buy better computers."
ncatty| 12.1.09 @ 4:08PM
I will pay more for my own insurance and pay for part or all of
yours also. I don't want to participate.
Nick| 12.1.09 @ 8:08PM
First, ObamaCare had to be done by the August recess.
Then it had to be done by September 15.
Then it had to be done by Columbus Day.
Then it had to be done by Halloween.
Then it had to be done by election day.
Then it had to be done by Thanksgiving.
Now it has to be done by Christmas/end of the year.
After that comes and goes, it'll have to be done by the State of
the Union.
Then it will have to be done by....
Pingback| 12.1.09 @ 12:25PM
Twitter Trackbacks for The American Spectator : AmSpecBlog : Washington Post Spins C links to this page. Here’s an excerpt:
Dav id Gitlitz| 12.1.09 @ 2:29PM
The New York Times put the same spin on the CBO report. I didn't have the stomach to read down far enough to see whether they even the mention the projected rise in individual premiums. Birds of a feather, you know.
Oldefarte| 12.1.09 @ 2:46PM
In the first place, it is nothing but WELFARE; and in the second place, it will raise substantially the insurance premiums of all taxpayers currently having healthcare insurance!!!!
Dan| 12.1.09 @ 3:22PM
Anyone who thinks that Philip is onto something here should read this post by Ezra Klein: http://voices.washingtonpost.c.....hat_p.html
Key part: "But as the CBO explains on page five, part of the increase in the type of insurance being purchased is the result of "people’s decisions to purchase more extensive coverage in response to the structure of subsidies." In other words, the change is driven by the subsidies, not offset by them.
To see this more clearly, imagine that the University of Florida decided to give incoming students who receive financial aid an $800 credit to purchase a laptop computer. You'd expect that the average computer purchased by students on financial aid would become a bit more expensive. But that wouldn't be because computers had become more expensive. It would be because people now had money to buy better computers."
ncatty| 12.1.09 @ 4:08PM
I will pay more for my own insurance and pay for part or all of yours also. I don't want to participate.
Nick| 12.1.09 @ 8:08PM
First, ObamaCare had to be done by the August recess.
Then it had to be done by September 15.
Then it had to be done by Columbus Day.
Then it had to be done by Halloween.
Then it had to be done by election day.
Then it had to be done by Thanksgiving.
Now it has to be done by Christmas/end of the year.
After that comes and goes, it'll have to be done by the State of the Union.
Then it will have to be done by....
ObamaCare is dead.
Buh-bye ObamaCare, buh-bye!
pallet racking| 1.8.10 @ 3:10AM
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