• It's Here!

    Etf Pro

    Get the big financial market moves right, bullish or bearish with Hedgeye’s ETF Pro.

  • It's Here

    MARKET EDGES

    Identify global risks and opportunities with essential macro intel using Hedgeye’s Market Edges.

CLICK HERE to get our Market Brief, a free weekly newsletter featuring the top 5 trending insights on Hedgeye.com.

One unfortunate aspect of Republican efforts to repeal Obamacare was the resulting increase in the number of people without health insurance.  The comment has been repeated by politicians, pundits, and the press; tens of millions of Americans would lose their insurance and access to lifesaving healthcare if the law passed.  As in many cases, it's not so simple.  

The CBO, whose models and forecasts provide the impact of repeal and replace legislation on the insured population, is being misrepresented.  If you scratch the surface of how their forecast works, you'll find they might be wrong too.  

Stories are better when there are heroes and villains and people off their health insurance certainly qualifies as villainous.  But what if oversimplifying, and at worse misrepresenting, the most important consequence of changing the law gets in the way of actually making improvements?  

Tax reform efforts will likely produce similar sound bites of misinformation and false choices.  Parts of Republican repeal and replace legislation will likely pollinate tax reform legislation.  


CLICK HERE
to get our Market Brief, a free weekly newsletter featuring the top 5 trending insights on Hedgeye.com.

Bad Facts Make Bad Law: Misrepresentations of the CBO Score Make Changes to the ACA Difficult - market brief