Received today from the US House Republican Conference:
Ways and Means put out this report today regarding yesterday’s CMS analysis of the Democrats’ health care bill. Check out a few of the ways in which the health care bill will increase costs. I’ll link to the whole report so you can get to typing away. This is simply outrageous. Of course WE knew this would happen. A preview:
– Health Care Costs Increase: “national health expenditures under the health reform act would increase by a total of $311 billion (0.9 percent) during calendar years 2010-2019.” [Page 4] The actuaries found the law bends the cost curve up by a greater degree than either the House or Senate-passed legislation, despite the Administration’s claim that slowing national health spending was the “single most important” reason to overhaul the health system.
– Over One-Half Trillion in Medicare Cuts: The Medicare actuaries found that the new health law cuts “$575 billion” [Page 4] from Medicare.
– Seniors’ Access to Care Jeopardized: As a result of the cuts to Medicare, the actuaries found, “absent legislative intervention, [providers] might end their participation in the program (possibly jeopardizing access to care for beneficiaries).” [Page 10]
– Workers & Seniors Can’t Keep the Health Plan They Have and Like: “We estimate that such actions would collectively reduce the number of people with employer-sponsored health coverage by about 14 million.” [Page 7] Furthermore, 2 million Americans who currently have employer-provided health coverage will be dumped into Medicaid. [Page 3] Additionally, the actuaries predict millions of seniors will lose their Medicare plan because massive cuts to the program will result in, “about 50 percent” of seniors no longer being in a plan. [Page 11].
Here is the entire list of ways in which costs will increase. But I’m sure there’s more to be disovered even beyond this:
http://republicans.waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=182448
The Icing:
Sebelius admitting she’s clueless on how much ObamaCare will cost just two days ago! (VIDEO)
http://www.breitbart.tv/obamacare-sebelius-admits-admin-has-no-clue-how-much-high-risk-pools-will-cost/
The New York Times: All the news that’s fit to print after they get what they want.
http://www.washingtonexaminer.com/opinion/blogs/beltway-confidential/Now-they-tell-us-NYT-health-care–89002817.html
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