"CBO Says Finance Health Reform Bill Will Save $81 Billion Over a Decade" (Congress, premium)
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"...The estimate includes a projected net cost of $518 billion over 10 years for the proposed expansions in insurance coverage. That net cost itself reflects a gross total of $829 billion in credits and subsidies provided through the exchanges, increased net outlays for Medicaid and the Children’s Health Insurance Program (CHIP), and tax credits for small employers; those costs are partly offset by $201 billion in revenues from the excise tax on high-premium insurance plans and $110 billion in net savings from other sources.
"The net cost of the coverage expansions would be more than offset by the combination of other spending changes that CBO estimates would save $404 billion over the 10 years and other provisions that JCT and CBO
estimate would increase federal revenues by $196 billion over the same period."
"The net cost of the coverage expansions would be more than offset by the combination of other spending changes that CBO estimates would save $404 billion over the 10 years and other provisions that JCT and CBO
i.e. rationing care...
Lets also forget that the tax revenue will be for 10 years, while the care will be for 7.. Need to add 3 more years of costs into the equation to make a fair comparison.
"An amendment adopted by the committee would require that, beginning in 2012, the Director of the Office of Management and Budget (OMB) certify annually whether or not the provisions of the legislation are projected to increase the budget deficit in the coming year. If the Director determined that they were projected to increase the deficit, he or she would be required to notify the Congress, and exchange subsidies would be automatically adjusted to avoid the estimated increase in the deficit for that year."
"An amendment adopted by the committee would require that, beginning in 2012, the Director of the Office of Management and Budget (OMB) certify annually whether or not the provisions of the legislation are projected to increase the budget deficit in the coming year. If the Director determined that they were projected to increase the deficit, he or she would be required to notify the Congress, and exchange subsidies would be automatically adjusted to avoid the estimated increase in the deficit for that year."
Yeah, costs can't be cut, and facilities more accessible without rationing.
For examples, many conservatives believe that if everybody had health insurance, it will affect them adversely in getting treatment. So, rationing, to ensure not everybody can get to the hospital, is the best thing to do.
Yeah, costs can't be cut, and facilities more accessible without rationing.
if the govt is going to cut their subsidies, the hospitals have to cut back.
Do you think the money for equipment, doctors, nurses, medicine will come from no where?
Quote:
Originally Posted by EinsteinsGhost
For examples, many conservatives believe that if everybody had health insurance, it will affect them adversely in getting treatment. So, rationing, to ensure not everybody can get to the hospital, is the best thing to do.
Conservatives dont believe that at all. Do you often need to makeup arguments of the other side in order to argue your own?
This report was released Oct 7, pertaining to the Baucus bill. I believe there were some changes made since then. Not sure that this report still applies.
They know it will save money but if they actually put it out there...the people might demand it.
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