Health Care Reform: CBO Underestimates Savings and Overestimates Costs (Op-Ed)
Jon Gabel, a senior fellow at the National Opinion Research Center of the University of Chicago, analyzed the nonpartisan Congressional Budget Office’s (CBO) forecasts of three major changes in the Medicare program relative to their ultimate outcomes. In all three cases, the CBO significantly underestimated savings and overestimated the costs.
In today’s health care reform debate, these estimates are critical for the Administration and Congress to choose a path appropriate for our nation’s needs.
You can read Gabel’s New York Times Op-Ed piece here.