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He's lied from the beginning. Telling us this Big Government program would actually reduce health care costs. Nobody really believed that lie, but now we're seeing a few more facts exposed.
President Obama’s landmark health-care initiative, long touted as a means to control costs, will actually add more than $340 billion to the nation’s budget woes over the next decade, according to a new study by a Republican member of the board that oversees Medicare financing.
The study is set to be released Tuesday by Charles Blahous, a conservative policy analyst whom Obama approved in 2010 as the GOP trustee for Medicare and Social Security. His analysis challenges the conventional wisdom that the health-care law, which calls for an expensive expansion of coverage for the uninsured beginning in 2014, will nonetheless reduce deficits by raising taxes and cutting payments to Medicare providers.
He's lied from the beginning. Telling us this Big Government program would actually reduce health care costs. Nobody really believed that lie, but now we're seeing a few more facts exposed.
President Obama’s landmark health-care initiative, long touted as a means to control costs, will actually add more than $340 billion to the nation’s budget woes over the next decade, according to a new study by a Republican member of the board that oversees Medicare financing.
The study is set to be released Tuesday by Charles Blahous, a conservative policy analyst whom Obama approved in 2010 as the GOP trustee for Medicare and Social Security. His analysis challenges the conventional wisdom that the health-care law, which calls for an expensive expansion of coverage for the uninsured beginning in 2014, will nonetheless reduce deficits by raising taxes and cutting payments to Medicare providers. Health-care law will add $340 billion to deficit, new study finds - The Washington Post
Oh the loyal followers believed him and those who have their hands out and want to be taken care of by the work sweat of others!
Unfortunately the CBO completely disagrees with the Conservative costings.................
The Congressional Budget Office released updated cost estimates for some parts of the Affordable Care Act. In this update, CBO projects that net spending on several parts of the health care law are about $50 billion less than it projected last year. That partly reflects CBO’s confirmation of a trend we’ve been following – slower growth in health insurance premiums. CBO said:
“By 2021, premiums are now estimated to be about 8 percent lower than CBO estimated in March 2011. That change reduces the estimated costs of the coverage provisions of the ACA.”
This suggests that taxpayers will save $50 billion more, on net, through 2021 and Americans will pay even less for private insurance than CBO previously projected – which is good news.
Unfortunately the CBO completely disagrees with the Conservative costings.................
The Congressional Budget Office released updated cost estimates for some parts of the Affordable Care Act. In this update, CBO projects that net spending on several parts of the health care law are about $50 billion less than it projected last year. That partly reflects CBO’s confirmation of a trend we’ve been following – slower growth in health insurance premiums. CBO said:
“By 2021, premiums are now estimated to be about 8 percent lower than CBO estimated in March 2011. That change reduces the estimated costs of the coverage provisions of the ACA.”
This suggests that taxpayers will save $50 billion more, on net, through 2021 and Americans will pay even less for private insurance than CBO previously projected – which is good news.
I suggest that everyone read the whole thing. It's not all roses and rainbows like cheerio would like you to believe.
Maybe thousands of American's dying every year because of the present health care regime in America or going bankrupt cheers YOU up?
No new concept is "all roses and rainbows" but chickening out of creating a good health system in the USA is far far far from any kind of "rosey" outlook...............
“By 2021, premiums are now estimated to be about 8 percent lower than CBO estimated in March 2011. That change reduces the estimated costs of the coverage provisions of the ACA.”
This suggests that taxpayers will save $50 billion more, on net, through 2021 and Americans will pay even less for private insurance than CBO previously projected – which is good news.
But premiums are not health care. They are only part of health care costs.
Unfortunately the CBO completely disagrees with the Conservative costings.................
The Congressional Budget Office released updated cost estimates for some parts of the Affordable Care Act. In this update, CBO projects that net spending on several parts of the health care law are about $50 billion less than it projected last year. That partly reflects CBO’s confirmation of a trend we’ve been following – slower growth in health insurance premiums. CBO said:
“By 2021, premiums are now estimated to be about 8 percent lower than CBO estimated in March 2011. That change reduces the estimated costs of the coverage provisions of the ACA.”
This suggests that taxpayers will save $50 billion more, on net, through 2021 and Americans will pay even less for private insurance than CBO previously projected – which is good news.
This is 2012. We're supposed to wait 9 years for lower premiums ?
8% lower ? Mine went up 20% for 2 years running.
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