Wednesday, January 6, 2016

How Has the Congressional Budget Office Done in Forecasting Obamacare? Reasonably Well

Interesting little study from Commonwealth:
  • CBO overestimated Obamacare enrollment by 30%; 
  • It overestimated Marketplace costs by 28%; and 
  • It underestimated Medicaid enrollment by 14%. 
Not too bad considering how incredibly difficult some of this can be to quantify.