The Real Cost Of ObamaCare

Investors.com ^ | February 24, 2010 | INVESTORS BUSINESS DAILY Staff

[Kaslin]

Health Reform: The linchpin of ObamaCare 2.0 is that 31 million uninsured will be covered at little added cost. But in fact, White House estimates for low costs are based on little more than accounting tricks.

The president's plan "puts our budget and economy on a more stable path by reducing the deficit by $100 billion over the next 10 years — and about $1 trillion over the second decade — by cutting government overspending and reining in waste, fraud and abuse," the White House says on its Web site.

Sound too good to be true? It is.

None of the numbers can be believed. The plan is a result of blatantly dishonest accounting for the real costs of the program, while grossly overstating its benefits. Americans should know the actual 10-year cost is closer to $2 trillion over 10 years, not the $950 billion claimed, when all the actual costs are toted up.

How can there be such a wide gap? Mainly because the president's plan doesn't provide benefits until the second half of the first decade. So it pretends that it will "only" cost $950 billion. But once the program kicks in, the full 10-year cost of benefits will be included — at a real current cost of $2 trillion or more.

Or, as columnist Charles Krauthammer, himself a trained physician, told Fox News' Bill O'Reilly: "It's a trick. The way the Democrats got under (the spending limit imposed by Obama) was by making 98% of the expenditures, the benefits that you and I would get under the bill, occur in the second half of the decade."

[freekitty]

http://www.washingtonpost.com/wp-dyn/content/article/2010/02/24/AR2010022404096.html

[Diogenesis]

JUST A FEW OF THE DETAILS OF OBAMA’s DEATH PANELS:

Pg 22 of the HC Bill MANDATES the Government will audit books of ALL EMPLOYERS WHO SELF-INSURE!!
Pg 30 Sec 123 of HC bill - THERE WILL BE A GOVT COMMITTEE which decides what treatments & benefits you get.
Pg 354 Sec 1177 - Govt WILL RESTRICT ENROLLMENT of Special Needs people.
Pg 42 of HC Bill - The Health Choices Commissioner will choose your HC Benefits for you.
PG 50 Section 152 in HC bill - HC WILL BE PROVIDED TO ALL NON-US CITIZENS, illegal or otherwise.
Pg 170 Lines 1-3 HC Bill- ALL NON-RESIDENT ALIENS will be exempt from individual taxes. (Resident Americans will pay)
Pg 58 HC Bill - Govt will have real-time access to individuals finances & a National ID Healthcard will be issued.
Pg 59 HC Bill lines 21-24 Govt will have direct access to your bank accounts for electronic funds transfer, no choice.
Pg 72 Lines 8-14 Govt is creating an HC EXCHANGE to bring private HC plans under Govt control.
PG 84 Sec 203 HC bill - Govt mandates ALL benefit pkgs for private HC plans in the Exchange.
PG 85 Line 7 HC Bill - Specs. for of Benefit Levels for Plans.
Pg 95 HC Bill Lines 8-18 The Govt will use groups i.e., ACORN & Americorps to sign up individuals for Govt HC plan.
pg 124 Lines 24-25 HC No company can sue Government on price fixing. No "judicial review" against Government Monopoly.
pg 127 Lines 1-16 HC Bill -DOCTORS/ AMA - The Govt will tell you what your salary will be TAX.
Pg 145 Line 15-17 All Employers MUST auto enroll employees into public option plan. NO CHOICE
Pg 126 Lines 22-25 Employers MUST pay for HC for part time employees AND their families.
Pg 149 Lines 16-24 ANY Employer with payroll 400k & above, who does not provide public option, pays 8% tax on all payroll.
pg 150 Lines 9-13 Businesses with payroll btw 251k & 400k who doesn't provide public option pays 2-6% tax on all payroll.
Pg 167 Lines 18-23 ANY individual who doesn't have acceptable HC according to the Govt will be taxed 2.5% of income.
Pg 195 HC Bill -officers & employees of HC Admin (GOVT) will have access to ALL Americans finances & personal records.
PG 203 Line 14-15 HC - "The tax imposed under this section shall not be treated as tax".
Pg 239 Line 14-24 HC Bill- Govt WILL REDUCE PHYSICIAN SERVICES for Medicaid Seniors, and low income people.
Pg 241 Line 6-8 HC Bill - Doctors, doesn't matter what specialty you have, you'll all be paid the same
PG 425 Lines 4-12 Govt mandates Advance Care Planning Consultations. (seniors)
Pg 425 Lines 17-19 Govt will instruct & consult regarding living wills, durable powers of atty. Mandatory!
PG 425 Lines 22-25, 426 Lines 1-3 Govt provides approved list of end of life resources, guiding you in death.
PG 427 Lines 15-24 Govt mandates program for orders for end of life.The Govt has a say in how your life ends
Pg 429 Lines 1-9 An "adv. care planning consult" will be used frequently as patients health deteriorates.
PG 429 Lines 10-12 "adv. care consultation" may include an ORDER FOR END OF LIFE plans. AN "ORDER" from GOV
Pg 429 Lines 13-25 - The govt will specify which Doctors can write an end of life order.
PG 430 Lines 11-15 The Govt will decide what level of treatment you will have at end of life.

[Kaslin]

Screw the Rats