Monday, March 13, 2017

Costing the Ryan "replace" bill

Congressional Budget Office released their study of the effects of the Ryan bill, costs, loss of insurance and other things.  According to CBO the Ryan bill would reduce the federal deficit by $370 billion at the cost of 24 million people losing their insurance.
   Lets be simple about it,  $370 billion divided by 24 million people yields $15416 in savings per person losing insurance coverage.  That's a lot.  Used to be full house family plan company insurance ( the best you can get) ran $12000 a year.  Hospitalization only insurance ran $3000 a year.  So the Ryan bill reduces costs to us taxpayers by MORE than it would cost us taxpayers to buy outright, a full house family insurance plan for each person loosing their insurance policies. 
  Sounds like a deal to me.

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