SMRs and AMRs

Tuesday, December 15, 2009

Why Progressives Are Batshit Crazy to Oppose the Senate Bill

by Nate Silver
FiveThirtyEight

Pick your subheadline:

a) It's time to stop being polite and start getting real.
b) Here's hoping a picture is worth 1,000 words.

Any questions?

OK, I imagine that there will be a few. Here's how I came up with these numbers.

Senate Bill. These estimates are straightforward -- they're taken directly from the CBO's report on premiums for people at different income levels. A family of four earning an income of $54,000 would pay $4,000 in premiums, and could expect to incur another $5,000 in out-of-pocket costs. The $4,000 premium represents a substantial discount, because the government is covering 72 percent of the premium -- meaning that the gross cost of the premium is $14,286, some $10,286 of which the government pays.

One caution: this reflects the situation before the public option was removed from the bill. But, provided that the subsidy schedule isn't changed as well, that shouldn't change these numbers much.

(The rest is here.)

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