An Ol' Broad's Ramblings
Told Ya So!
Report: Health Overhaul Will Increase Nation’s Tab
President Barack Obama’s health care overhaul law will increase the nation’s health care tab instead of bringing costs down, government economic forecasters concluded Thursday in a sobering assessment of the sweeping legislation.
I’m thinking this is one of those “told ya so” moments!
A report by economic experts at the Health and Human Services Department said the health care remake will achieve Obama’s aim of expanding health insurance — adding 34 million Americans to the coverage rolls.
There are people of a certain age (usually 20 somethings) who don’t carry health insurance, because, well, most young folks don’t see a need. They’re wrong, but hey, isn’t that THEIR choice? If they break a leg, they’ll get a bill. If they don’t pay the bill, they ruin their credit rating. If they ruin their credit rating, buying any big items, like a house, goes out the window. That is how it SHOULD be, at any rate. 
Then, you have the people inbetween jobs, who leave their insurance coverage at one job and get it at the next. Why these people are always added into the number of uninsured is beyond me. Guess it makes D’Bama look better when he says he wants all of ‘em to be covered. And how many of those 34 million are illegal?
But the analysis also found that the law falls short of the president’s twin goal of controlling runaway costs, raising projected spending by about 1 percent over 10 years. That increase could get bigger, however, since the report also warned that Medicare cuts in the law may be unrealistic and unsustainable, forcing lawmakers to roll them back.
Let’s face it…D’Bama & Co. have NO idea what the hell they are doing when it comes to the economy. Well, shoot, he’s clueless on just about everything, unless of course, it’s to run this train off the tracks.
In particular, the warnings about Medicare could become a major political liability for Democratic lawmakers in the midterm elections. The report projected that Medicare cuts could drive about 15 percent of hospitals and other institutional providers into the red, “possibly jeopardizing access” to care for seniors.
“Death panels”. Well, what else would you call it when doctors and hospitals can no longer afford to treat the elderly?
“A trillion dollars gets spent, and it’s no surprise — health care costs are going to go up,” said Rep. Dave Camp, R-Mich., a leading Republican on health care issues. Camp added that he’s concerned the Medicare cuts will undermine care for seniors.
That’s the whole point! Let the old folks die from a simple infection that could be cured with a few antibiotics cuz they are too expensive to keep around. Isn’t it amazing they can say “a trillion dollars” so easily these days?
Congress in the past has enacted deeper Medicare cuts without disrupting service, and HHS Secretary Kathleen Sebelius issued a statement that sought to highlight some positive findings for seniors. For example, the report concluded that Medicare monthly premiums would be lower than otherwise expected, due to the spending reductions.
“The Affordable Care Act will improve the health care system for all Americans and we will continue our work to quickly and carefully implement the new law,” the statement said.
Would I be too off base if I said Sebelius is full of male bovine excrement? 
A separate Congressional Budget Office analysis, also released Thursday, estimated that 4 million households would be hit with tax penalties under the law for failing to get insurance.
Which, by the way, is unconstitutional. The Federal Government can NOT force anyone to buy anything!
Administration officials argue the increase is a bargain price for guaranteeing coverage to 95 percent of Americans. They also point out that the law will decrease the federal deficit by $143 billion over the 10-year period, even if overall health care spending rises.
Once again…………..
In addition to flagging the cuts to hospitals, nursing homes
and other providers as potentially unsustainable, it projected that reductions in payments to private Medicare Advantage plans would trigger an exodus from the popular program. Enrollment would plummet by about 50 percent, as the plans reduce extra benefits that they currently offer. Seniors leaving the private plans would still have health insurance under traditional Medicare, but many might face higher out-of-pocket costs.
The word rationing comes to mind. When the socialist, FDR, pushed for Social Security, he created a dependency mindset. Add Medicare into the mix, and you’ve got seniors who are in no way prepared for their own retirement, and the issues that come with old age.
In another flashing yellow light, the report warned that a new voluntary long-term care insurance program created under the law faces “a very serious risk” of insolvency.
Every time the federal types get involved, in ANYTHING, it all goes to hell in a hand basket. Why should this be any different?
Well there you go saying racist things again…… Sheesh.
Oooooops…… (forgot to turn my sarcasm off after that last comment.. soory)