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Old 04-07-2010, 01:43 PM
 
Location: Texas
2,847 posts, read 2,517,225 times
Reputation: 1775

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I wonder how this compares to other states?


What Obamacare Means for Texas

Mar 29 2010

Historic Mistake
“One of the most perplexing things about this health care bill is the determination of the White House and the Democratic majority to shove this down the throat of the American people even though they’ve made it clear they don’t support this bill.”
“So in the end, in this political process, in this great democracy we have, the voters - the people - always get the final say-so, and I think this is very important to remember as the President intends to take a victory lap on this bill.”
- U.S. Senator John Cornyn
By the Numbers
1) $102,500 is the current Texas-household share of the $12 trillion national debt, which the new unsustainable healthcare entitlement will skyrocket.
2) $20,140 in new Washington spending over the first 10 years for every household in Texas.
3) 532,000 Texans enrolled in Medicare Advantage will have their benefits reduced by half. (Congressional Budget Office)
4) Approximately 7.9 million Texas households making less than $200,000 will pay higher taxes. (Joint Committee on Taxation)
5) 979,000 Texans in the individual insurance market will see premiums skyrocket by 61 percent. (Oliver Wyman)
6) 20 percent higher health care costs or a punitive new tax for failing to comply with dictates from Washington for Texas small businesses employing 50 or more people and 7,243 Texas construction companies employing 5 or more. (U.S. Census Bureau)
7) 1.25 million Texas college students will be overcharged an average of $1,800 each on their student loans to fund health care and other government programs. (Project on Student Debt)
8) $24.3 billion over 10 years in new costs to Texas (due to the unfunded Medicaid expansions) will force the governor and legislature to raise taxes, raise college tuitions, decrease the quality of education, or all three. (Texas Health and Human Services Commission)
9) The youngest 30 percent of Texans will pay 35 percent more based solely on their age as the new regulations drive up health care premiums in the individual market. (Oliver Wyman)
10) 2 million low-income Texans will be added to the state’s Medicaid rolls, even though only 38 percent of doctors in the Dallas-Fort Worth area can accept new Medicaid patients, and similar scenarios are popping up across the state. (Texas Health and Human Services Commission)
Replace With Solutions to Lower Costs
  • Lower costs through small business health plans
  • Increase competition with the purchase of insurance across state lines
  • Limit junk lawsuits against doctors
  • Give states incentives to lower costs and expand access
  • Promote transparency about cost and quality
  • Reduce waste, fraud, and abuse
  • Empower patients through Health Savings Accounts
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Old 04-07-2010, 04:28 PM
 
1,650 posts, read 3,864,733 times
Reputation: 1133
In Arizona, our governor was on TV last night saying that this new bill would cost our state 12.5 billion dollars in Medicaid costs. I know in my home state, the governor said that 25% of the population will qualify for Medicaid. Some governors have already said that they will have to make further budget cuts to public education, prisons, parks and recreation, and roads to pay for this bill.
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Old 04-07-2010, 04:39 PM
 
Location: Columbus
4,877 posts, read 4,507,214 times
Reputation: 1450
If you think health care is expensive now, wait till it's free. -P.J O'Rourke
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Old 04-07-2010, 05:11 PM
 
48,502 posts, read 96,848,488 times
Reputation: 18304
Bacailly the medicaid cost is going to swmp states but it really depends on what they do. Just as the taking of alot of stilulus maney has ties to higher state spending in the future.States are most likely to make this up by increased sales tax and fees as always.
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Old 04-07-2010, 05:26 PM
 
Location: Texas
2,847 posts, read 2,517,225 times
Reputation: 1775
Quote:
Originally Posted by bluebelt1234 View Post
In Arizona, our governor was on TV last night saying that this new bill would cost our state 12.5 billion dollars in Medicaid costs. I know in my home state, the governor said that 25% of the population will qualify for Medicaid. Some governors have already said that they will have to make further budget cuts to public education, prisons, parks and recreation, and roads to pay for this bill.
where will Arizona get the money when you already have budget issues?
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