Let's see...which shirt will ensure that my views are taken seriously?
First of all, it should come as no surprise to anyone that Newt Gingrich is a big Skynyrd fan. Second of all, get ready to have a lot more completely unproductive arguments over facts with guys like this, because the Congressional Budget Office has released a report projecting that the proposed health care reform bill will have little impact on insurance premiums. Kind of. It turns out that the math on this one was really hard—so hard that the CBO initially refused to make an estimate. On the insistence of Senators Max Baucus and Evan Bayh, though, they’ve been crunching numbers for weeks now, pausing only to drink Mountain Dew and watch Buffy on Netflix, and they have concluded that, um, a bunch of stuff will change. But not really. The upshot of the CBO report is that premiums for individuals in large-group employer plans—that is, those in pools of 50 or more—would see a +1% to -2% change by 2016, while those in small-group employer plans would see their premiums drop by zero to 3%. Individuals who purchase policies for themselves—my unemployable ass, for example—will see the largest difference, with a projected 10 to 13% increase in premiums. Yes, increase. That’s a little misleading, though, because A) the cheapest policies currently offered to individuals fall below proposed minimum standards, so people paying higher premiums will also get better coverage and B) federal subsidies will reduce the actual cost to individuals by about 50%. Are you confused yet? The health care debate just got a little more complex, and that’s a boon to Republicans.
