That would be the actuary for the Centers for Medicare/Medicaid Services, under the Department of Health and Human Services.
http://republicans.waysandmeans.hous..._11-13-09_.pdf
CMS: House bill increases health care costs - Live Pulse - POLITICO.com
Quote:
Democrats have promised that health reform would reduce health care costs, but legislation the House passed last week would increase costs over the next decade by $289 billion. By 2019, health costs would rise to 21.1 percent of GDP compared to 20.8 under current law, according to an actuarial report prepared by the Centers for Medicare and Medicaid Services.
In other words, outside of Medicare payment cuts to hospitals, the bill doesn’t curb increasing health care costs. And even the Medicare payment cuts will be difficult to sustain.
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Well......seems that the bill out of the house in no way meets obama's criteria. Is it any wonder this bill is basically DOA in the Senate.
Can't wait to see the bill Dirty Harry has been hiding in his office for 6 weeks.
washingtonpost.com
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A plan to slash more than $500 billion from future Medicare spending -- one of the biggest sources of funding for President Obama's proposed overhaul of the nation's health-care system -- would sharply reduce benefits for some senior citizens and could jeopardize access to care for millions of others, according to a government evaluation released Saturday.
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No kidding. Exactly what all non-partisan sources have been saying.
Quote:
In the face of greatly increased demand for services, providers are likely to charge higher fees or take patients with better-paying private insurance over Medicaid recipients, "exacerbating existing access problems" in that program, according to the report from Richard S. Foster of the Centers for Medicare and Medicaid Services.
Though the report does not attempt to quantify that impact, Foster writes: "It is reasonable to expect that a significant portion of the increased demand for Medicaid would not be realized."
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Exit question; Why did the house vote on this bill before all the cost estimates were in?
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