Posted on 02/02/2015 4:15:07 PM PST by goodnesswins
In January 2010, the Congressional Budget Office projected that the federal health spending would total a bit more than $11 trillion between 2011 and 2020.
Today, the Congressional Budget Office thinks it made a mistake. Costs are coming in lower-than-expected, and the CBO's newest projections suggest the federal government will spend $600 billion less on health care than they predicted back in 2010.
So far, so good: projections are always wrong by at least a bit, and it's nice to have the extra $600 billion in America's pocket.
But here's the incredible thing: as Paul Van de Water, a health care expert at the Center on Budget and Policy Priorities, points out, the January 2010 projection didn't include any of the spending associated with Obamacare. The latest projections include all of the spending associated with Obamacare.
(Excerpt) Read more at vox.com ...
There is the money trail - the insurance companies were all for this if it increased their sales and they still believe it will. Just like food stamps, the biggest benefactors of government “charity” are big businesses in bed with politicians.
They say about 8 million people are about to find out that they’ve been penalized and the money will be deducted from their tax returns. That’s going to make about 8 million angry people.
hahahahahaha
RIGHT....we are paying MORE....the government is paying LESS...or so they say...
It is costing the feral government less. Working people are paying more. Its a tax, remember?
I don’t believe it, does this new projection account for what it is costing the average household in increased premiums, deductibles, etc....
Klein nor VOX are interested in telling the truth.
Yup...had a bunch of unicorns dancing up and down the colors shooting skittles out of their arse...
It may be new, but it ain't clever.
"We order you to buy this product, which we've made prohibitively expensive by ordering it's provider to adhere to all kinds of ridiculous governmental provisions and mandates."
Well you can see the irony without the tag can’t ya my buggy FRiend
OMG(osh), Skeeter! $10,000 more per year for health insurance?! And here I am bemoaning the additional $1200 out-of-pocket that my family will be assessed due to our non-participation in an online health survey for my “employer-provided” health insurance... can’t/will not participate due to the “terms of service” for accessing the survey... the terms are extremely vague and do not guarantee my HIPPA rights. Anyway, I can commiserate even if just a bit...
Sorry, where this subject is concerned I can’t see anything but red.
And the coverage is marginally worse.
And the arsehole that wrote this piece wants me to applaud.
Klein: ‘Obamacare is costing way less than expected”
This pajama boy wannabe is not just in a parallel universe, he’s in the Twilight Zone.
1400 per month that is, not per year.
Uh, you cannot put a price on liberty libtards.
Costing less? For whom? Certainly not my family or anyone we know.
Since they are quoting the cost to the “government”, it is not surprising the numbers aren’t off by a factor of 5. Remember, the goal of Obamacare was to make the 45 million uninsured, get insurance - with or without subsidies. Since they only got around 7 million people to sign up in 2014, the majority of which were put on Medicare or received [illegal] subsidies through the federal exchange, how could the forecasted costs only go down 5%? Something smells fishy.
Spending on the treatment for people with existing conditions that they were forced to insure? Providing all of the "free" treatments under the ACA (free mammograms, free annual check-ups, free 30-day drug and alcohol rehab, etc.)?
No, its the cost to government.
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