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RAND says Obamacare "fearmongers" right; Obamacare will increase spending $311 Billion over 10 yrs

 
theDtrainModerator
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RAND says Obamacare "fearmongers" right; Obamacare will increase spending $311 Billion over 10 yrs
I don't claim to have found for the article(credit where credit is due ATS) but I thought GLP would like to see it
[link to www.cato.org]

some highlights...
1. the government's chief actuary released his report on the bill, showing that the bill will actually increase health care spending by $311 billion over 10 years.

2. the Center for Medicare and Medicaid Studies reports that half of seniors currently enrolled in the Medicare Advantage program will lose their coverage under that program and be forced back onto traditional Medicare.

3. the Congressional Budget Office now says that as many as 10 million workers will lose their current insurance under Obamacare. Some of those workers will have to buy new insurance through the government-run exchanges.

we can expect higher deficits and, of course, higher taxes. The most recent estimates suggest that the taxes already in the bill will likely end up costing middle-class workers and small businesses an extra $1,000 per year.

4. the most recent report from the Congressional Budget Office warns that nearly 4 million Americans, nearly three-quarters of them middle-class workers, will be hit with fines for failing to meet the government's mandateto buy insurance. Those penalties will average nearly $1,000 per person in 2016.

Again not my own but basically everything I would have pointed out. Good read.

Last Edited by theDtrain on 05/05/2010 12:44 AM
Facts are stubborn things;
and whatever may be our wishes, our inclinations, the dictates of our passions, they cannot alter the state of facts and evidence."

We can never shed our sins and regrets, only accumulate more, a burden that we grow and carry until our deaths. The best we can do is learn to live with ourselves, to accommodate our pasts

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theDtrainModerator (OP)
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05/05/2010 12:31 AM

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Re: RAND says Obamacare "fearmongers" right; Obamacare will increase spending $311 Billion over 10 yrs
shocked no haters replying
Facts are stubborn things;
and whatever may be our wishes, our inclinations, the dictates of our passions, they cannot alter the state of facts and evidence."

We can never shed our sins and regrets, only accumulate more, a burden that we grow and carry until our deaths. The best we can do is learn to live with ourselves, to accommodate our pasts

threadkillerlogo
Anonymous Coward
User ID: 932104
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05/05/2010 12:40 AM
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Re: RAND says Obamacare "fearmongers" right; Obamacare will increase spending $311 Billion over 10 yrs
I don't claim to have found for the article(credit where credit is due ATS) but I thought GLP would like to see it
[link to www.cato.org]

some highlights...
1. the government's chief actuary released his report on the bill, showing that the bill will actually increase health care spending by $311 billion over 10 years.

2. the Center for Medicare and Medicaid Studies reports that half of seniors currently enrolled in the Medicare Advantage program will lose their coverage under that program and be forced back onto traditional Medicare.

3. the Congressional Budget Office now says that as many as 10 million workers will lose their current insurance under Obamacare. Some of those workers will have to buy new insurance through the government-run exchanges.

we can expect higher deficits and, of course, higher taxes. The most recent estimates suggest that the taxes already in the bill will likely end up costing middle-class workers and small businesses an extra $1,000 per year.

4. the most recent report from the Congressional Budget Office warns that nearly 4 million Americans, nearly three-quarters of them middle-class workers, will be hit with fines for failing to meet the government's mandateto buy insurance. Those penalties will average nearly $1,000 per person in 2016.

Again not my own but basically everything I would have pointed out. Good read.
 Quoting: theDtrain

bump
Anonymous Coward
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05/05/2010 12:42 AM
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Re: RAND says Obamacare "fearmongers" right; Obamacare will increase spending $311 Billion over 10 yrs
shocked no haters replying
 Quoting: theDtrain


You're probably not getting any responses because your thread title says "$311M" which is nothing.
theDtrainModerator (OP)
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05/05/2010 12:45 AM

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Re: RAND says Obamacare "fearmongers" right; Obamacare will increase spending $311 Billion over 10 yrs
shocked no haters replying


You're probably not getting any responses because your thread title says "$311M" which is nothing.
 Quoting: Anonymous Coward 699917

Crap. Damn you Budweiser... dasbier
Facts are stubborn things;
and whatever may be our wishes, our inclinations, the dictates of our passions, they cannot alter the state of facts and evidence."

We can never shed our sins and regrets, only accumulate more, a burden that we grow and carry until our deaths. The best we can do is learn to live with ourselves, to accommodate our pasts

threadkillerlogo
theDtrainModerator (OP)
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05/05/2010 01:22 AM

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Re: RAND says Obamacare "fearmongers" right; Obamacare will increase spending $311 Billion over 10 yrs
bumping shamelessly and then going to bed toodles GLP
Facts are stubborn things;
and whatever may be our wishes, our inclinations, the dictates of our passions, they cannot alter the state of facts and evidence."

We can never shed our sins and regrets, only accumulate more, a burden that we grow and carry until our deaths. The best we can do is learn to live with ourselves, to accommodate our pasts

threadkillerlogo

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