Wait I thought all this crap was to bend the cost-curve down. Instead this is what will happen.
A new report from government economic analysts at the Health and Human Services Department found that the nation's $2.5 trillion annual health care tab won't shrink under the Democratic blueprint that senators are debating. Instead, it would grow somewhat more rapidly than if Congress does nothing.
So we will all end up paying more then if the Senate did nothing? But wait I thought draconian cuts in Medicare was going to pay for this Trillion dollar tab?
More troubling was the report's assessment that the Democrats' plan to squeeze Medicare for $493 billion over 10 years in savings relies on specific policy changes that "may be unrealistic" and could lead to cuts in services. The Medicare savings are expected to cover about half the nearly $1 trillion, 10-year cost of expanding coverage to the uninsured.
Well at least there is long-term care insurance run by the very best the government has to offer:
In still more bad news, the report starkly warned that a new long-term care insurance plan included in the legislation could "face a significant risk of failure" because it would attract people in poor health, leading to higher and higher premiums, and eventually triggering an "insurance death spiral."
Finally, some good news:
The one bright note: The bill would provide coverage to 93 percent of Americans, reducing the number of uninsured people by about 33 million, the report said.
So let me get this strait. This bill will not cover "all Americans that need health care insurance" it will make America's health care tab go up, and seniors may get a cut in their care if they are on Medicare. Wow, Harry Reid is a genius! He succeeded in making every one of the things that Obama promised in his "health care epistle to the Congress" look like lies. Now they are rushing to finish it by Christmas. Now that is a gift that no one wants.
No comments:
Post a Comment