Posted on 07/08/2009 5:57:07 PM PDT by pleikumud
Remember last week when the media touted a new cost estimate by the Congressional Budget Office suggesting that Democrats on the Senate Health, Education, Labor and Pensions Committee had found a magic want enabling them to cover 97 percent of the uninsured for $600 billion? Well, we now know that the cost is more like $1.1 trillion, and likely higher. As I cautioned when the CBO numbers came out last week, the $600 billion estimate did not include the price of massively expanding Medicaid, a costly provision of all of the various Democratic health care proposals. But now the CBO released an additional estimate anticipating that legislation would add 15 million to 20 million more people to the Medicaid rolls. It found that the cost of such an expansion "could vary in a broad range around $500 billion over 10 years." But the catch is that such an estimate is of the anticipated federal cost of the Medicaid expansion. In actuality, the federal government typically pays around 57 percent of the cost of Medicaid, while the remaining 43 percent is picked up by the states. So what's the full cost of a Medicaid expansion at both the federal and state level?
(Excerpt) Read more at spectator.org ...
Oh, it will be a spectacle. Think “spectacular car crash”
NOooooo, No Mitt Romney..
God, can’t we find SOMEONE else.,
The funny thing is that the Soviet Empire appeared to be strong under Brehnev with the invasion of Afghanistan back in '79.
Bush may had been our Brehnev and Obama's our Gorbachev.
Here’s a short piece based around a very straightforward Sowell economic analysis that lays out very clearly why this is doomed to failure.
Insights From Thomas Sowell
Peter Robinson, 07.03.09, 12:01 AM EDT
Why the government can’t reduce the cost of health care.
http://www.forbes.com/2009/07/02/health-care-government-insurance-opinions-columnists-thomas-sowell.html
If medicine had taken the path of technology in the last few decades, we would have far lower prices, easier access, and higher quality medical care. Compare the 1981 IBM PC for $3,300 to today’s iMac for $1,500. The old IBM PC is now the Stone Age, and iMac’s are hundreds of thousands of times better for half the price.
In other words, medicine should have been left to the private sector, to free enterprise and competition. The monkey wrench thrown into the gears by LBJ & Company was Medicare/Medicaid. Right now, the federal government’s role should be reduced, not increased. The Demo-Socialists have it jackass backwards. Medicine should be returned to the private sector, where competition always produces higher quality, lower prices, easy access, and many choices.
Weimar Republic, Part Deux.
I still worry about my Roths and my 401....will I even have it anymore......and if I withdrew it all....where would it be safe for MY use?
our America is gone.....
If the Obama care goes through, I would think his percentage of Medicare/Medicaid patients will probably increase - maybe be the majority of his patients?
I don't believe there will be anything known as "private practice" if TOTUS and Congress continue to get their way with health care, and every other industry.
I still worry about my Roths and my 401....will I even have it anymore......and if I withdrew it all....where would it be safe for MY use?
That's my definition of a crash-and-burn.
In a way, I hope Mitt “Hairdo” Romney gets the nod in 2012, just to finish off his presidential aspirations.
Well said, bump!
Can you please report more on the reality of what happens through the curent government controlled medical system (Medecaid and Medicare) or direct me to the best sources to explain the tragedy.
And yet, they want us to become Great Britain II with waiting lists out the kazoo for basic and even life saving medical care?
Surely the doctors can mount a protest still? NOT the AMA - they have sold out apparently to the socialists. But the doctors. UNITE and FIGHT - most Americans are happy with their healthcare. Let’s get together and stop this madness.
Thank you ....
The Socialist Obama and the Socialist Congress want to dictate our medical care. If we allow them to do this, then toss all other rights we have into the trash can. Control over medical care is control over your life. Government interference in the free market (think Medicare and Medicaid) is the reason most of us pay huge premiums for medical insurance and care. The Socialists want to expand government control until we have no choice about our own bodies. Government is not the solution, as the more “advanced” socialist countries have discovered, Government is the problem.
A few years ago I was invited to tour a hospital in London. The facility and equipment were nothing short of a step back in time to circa 1968.
Medicare regulations for billing and compliance include a myriad of complex documentation guidelines developed with the full cooperation and assistance of the AMA. The AMA sold out physicians because they were threatened with losing their largest source of revenue (copyrighted medical charge codes) when another corporation developed a new set of codes with the blessing of the feds.
Yes, that explains it perhaps! Is there an alternative for healthcare professionals now other than the AMA?
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