The analysis from nonpartisan economic experts at the Health and Human Services Department concludes that the nation's health care tab will grow more rapidly under the Democratic plan senators are debating. It also calls into question the Democrats' plan to squeeze $493 billion in savings from Medicare over 10 years, saying it "may be unrealistic."Um, that may be unrealistic.
In more bad news, the report released Friday warns that a new long-term care insurance plan included in the legislation could "face a significant risk of failure." The silver lining: The bill provides coverage to 93 percent of Americans.
CBO Reaffirms Tort Reform Would Save $54 Billion
But it's not in the Dem bill.
Then there's this latest disgrace from the Dems in DC. WSJ: Worse Than the Public Option. Harry Reid's Medicare gambit (Emphasis mine):
In the case of Medicare, this means expanding a program that is already going broke. Medicare reimburses doctors and hospitals at rates 70% to 80% below those of private insurers, which means below the actual treatment costs in many cities and regions. Providers either eat these losses—about half of U.S. hospitals are running a deficit or close to it—or they raise prices for private payers. This cost-shifting isn't dollar for dollar, but all empirical research shows that it adds tens of billions of dollars to consumer health bills, and this will accelerate if several million new patients are added to Medicare. That means higher prices for health insurance.Insanity, not reality.
No comments:
Post a Comment