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Old 04-23-2010, 06:07 PM
 
Location: Columbus
4,878 posts, read 4,332,448 times
Reputation: 1448

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Quote:
Originally Posted by Memphis1979 View Post
However, if we pay 10 trillion up front, it will lower the 50 trillion cost, by stopping the obscene inflation rate of insurance now.

Hope that helps those who are confused with the issue, understand why paying more now, saves even more later.
Inflation of insurance rates does not cause health care costs to go up.

Doesn't matter if my monthly premium is $5 or $5,000. If I break my arm it will cost the exact same amount to fix it.
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Old 04-25-2010, 11:03 AM
 
Location: Chandler, AZ
5,801 posts, read 6,236,482 times
Reputation: 3141
There is nothing in this bill to stop healthcare costs from continuing to go up, since the government has never been known for spending money efficiently and wisely.

The unemployment rate is bound to start to soar as companies either dismiss employees, cut their health benefits, or outsource even more jobs to China & elsewhere.

Raising taxes in the middle of a recession/depression didn't work for Hoover or FDR, and it won't work for Obama either.

Toss in the weakest 'recovery' of the past half-century, and there's not much to really celebrate thanks to these taxaholics.
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Old 04-25-2010, 11:06 AM
 
Location: Chicagoland
41,321 posts, read 43,333,737 times
Reputation: 7116
According to the HHS's Medicare Actuary, you would be wrong.

Report: Health overhaul will increase USA's tab - USATODAY.com

Quote:
WASHINGTON (AP) — President Obama's health care overhaul law will increase the nation's health care tab instead of bringing costs down, government economic forecasters concluded Thursday in a sobering assessment of the sweeping legislation
Don't forget this:

http://www.tampabay.com/opinion/colu...tients/1089519

Quote:
The recently passed federal health care legislation will place more Florida seniors into the Medicare program, but it does nothing to fix the broken system that pays physicians to provide their care. And unless the payment formula is repaired, fewer doctors will accept Medicare recipients at all, and patients will have trouble getting access to the care they need — the exact opposite of the health bill's intent.
So....two of the goals obama set forth will NOT be realized.
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Old 04-25-2010, 11:51 AM
 
19,180 posts, read 30,365,314 times
Reputation: 4012
Like the Social Security actuaries, Medicare actuaries are notorious for the pessimism of their projections. This isn't entirely their fault. These people are producing projections for policy makers, and you never want to have to go to those policy makers and say, "You know that crisis that we said was five years away? Well, it looks like it's actually coming next week." You always want to be in the reverse situation. Gloomy projections, followed by rosy reports. ALL economists and others who do projections consciously seek to err to the gloomy side. It's just a matter of degree, and the degree at SS and Medicare has been pretty extreme as a review of their past projections would indicate.

Given that, the most significant selection from the US Today piece may be this one...

At the outset of the health care debate last year, Obama held out the hope that by bending the cost curve down, the U.S. could cover all its citizens for about what the nation would spend absent any reforms. The report found that the president's law missed the mark, although not by much.

In other words, even under the most unfavorable sorts of assumptions, the bill as written is just about on target. Maybe we'll need to tweak this or that or adjust the other thing. That should be a given. The Social Security Act of today, for instance, looks nothing at all like the law that was originally passed. Numerous changes have been made to guide and redirect the program for newly emerging conditions and newly available information. The same will happen with health care. The most important thing to remember is that the status quo was a guaranteed recipe for disaster. The recently passed bill clearly moves us away from such a disaster and leaves us all the flexibilty we need to make it even better still should or as the need to do so arises.

The Doc Fix situation is meanwhile unrelated to the health care bill. It's been hanging out there since the days of bozo Newt Gingrich, and Republican Congresses kicked that can down the road in 2003, 2004, 2005, and 2006. The Democrats did also in 2007 and 2008. They worked out a permanent fix in 2009 and passed it in the House, but Senate Republicans held that at bay. It will be taken up again before the end of the fiscal year, and we'll see if the Republicans will remain the Party of No on that or not.
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Old 04-26-2010, 11:53 PM
 
Location: Chandler, AZ
5,801 posts, read 6,236,482 times
Reputation: 3141
Various media reports have already stated that lots of doctors will no longer accept new Medicare patients.
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