Health Spending in U.S. Topped $3 Trillion Last Year

Oh what's a trillion here or a trillion there. This is what America deserves when they elect a community organizer twice, and who has never had a real job, and loves spending other people money.

http://www.nytimes.com/2015/12/03/us/politics/health-spending-in-us-topped-3-trillion-last-year.html

The spending report comes as the Obama administration is already on the defensive over rising premiums and deductibles on insurance policies sold through the health law’s exchanges. Last month, UnitedHealth Group, one of the nation’s largest health insurance companies, significantly lowered its profit estimates and blamed the federal health care law.

 

Yea, I applied for my $2,500 per yr savings every year. Still waiting. But damn....by time I get it I'll have spent $5,000yr more, so it won't really help anyway. Shug.......
But Obama's soooooooo cool, ain't he.

 

Not sure how with more people covered by insurance, and the demographics of baby boomers aging, how we are not going to have increases in healthcare spending? The only way to do that would be with death panels... I guess that is what the right wingers would like?

 

Do you liberals ever take responsibility for promoting Obama's lying bull(*)(*)(*)(*)? This is what this inept liar said in 2013, and once more Obama is exposed as the liar he is.

http://www.nationalreview.com/corne...s-62-trillion-long-term-deficit-andrew-stiles

GAO Report: Obamacare Adds $6.2 Trillion to Long-Term Deficit



President Obama and other Democrats attempted to win support for the health-care bill by touting it as a fiscally responsible enterprise. “I will not sign a plan that adds one dime to our deficits — either now or in the future,” Obama told a joint-session of Congress in September 2009. “I will not sign it if it adds one dime to the deficit, now or in the future, period.” The new report exposes the “lack of honesty” surrounding such claims, Sessions argued. “The big-government crowd in Washington manipulated the numbers in order to get the financial score they wanted, in order to get their bill passed and to increase power and influence,” he said. “The goal was not truth or financial responsibility, but to pass the bill. This is how a country goes broke.”

 

The next President will most likely do the same...a trillion here and a trillion there. It's not going to change.

 

The law was based on non-economic people trying to play economists(all the meanwhile hating the people who REALLY make money). Not surprisingly, it failed.

 

That's an outrage! Why, I before Obamacare, health care costs never increased!

Slow day in the RW propaganda blogosphere, eh?

 

Death panels?

Do you mean like the death panels in ALL those other countries with national healthcare?

Waiting months or even years to get a procedure/operation done is essentially a directive by a "death panel" playing with your life just like what is happening now in the UK...

NHS: UK now has one of the worst healthcare systems in the developed world, according to OECD report

 

Exactly true, and the water carrying liars will defend this mess without hesitation

 

Health care costs have increased incredibly since Obama the liar thrust this bull crap on the American tax payer. <Rule 3>

Experts see big price hikes for Obamacare

http://www.politico.com/story/2015/05/how-affordable-is-the-affordable-care-act-118428

 

health care expenditures have been going up every year. As medicines become more expensive, we have people living longer, more diagnostic services becoming available to treat diseases earlier, and more people going to the doctor and use of other medical facilities, premiums do rise. Premium rates are based on the expectation of health care expenditures in current and future life span.

You cannot blame Obama Obamacare. Health Care premiums have risen every year and were going in the high double digits in the late 1990's and early 2000's like 18% for some family PPO plans.

But then again, if the United States citizenry were more like the Japanese, Chinese, or Koreans, we would not be in this mess, would we?>

 

And if you read this article, it disproves your BS partisan post.

An except from the article

 

If Americans were like the Japanese Chinese and Koreans we would not enjoy the fruits of our labor. Healthcare most certainly has risen higher since Obamacare, and you being a numbers guy can't seem to grasp the percentage of a higher increase

 

Yes, healthcare has risen steadily for Americans with private insurance, now with Obamacare, it not only rises for them personally, they will be forced to pay considerably more in taxes, and it raises our debt to more to the point of collapse. That is something partisans like you don't want to admit

More from Politifact:
http://www.politifact.com/truth-o-m...obamacare-health-care-premiums-going-35-45-5/

"Yes, some people in some plans through some carriers in some states are, indeed, looking at rate hikes of &#8216;35 to 50 percent&#8217; if they stick with those plans in 2016," said Charles Gaba, who runs the popular blog ACAsignups.net, which tracks Obamacare enrollment.

 

Ayuh,.... No shocker here, completely expected,....

Anytime the government steps into anything, the price goes up,....

 

These conservative Asians have it right, dutifully work yourself to death at 60, before you ever get a chance to retire. Except for the rich, who never work at all and laugh at us dying to make them rich from the decks of their yachts.

And it won't reduce the cost of healthcare by penny one, the care for the younger will simply become more expensive to make it up. After all, we can't REGULATE the cost of the most important thing we have in our lives, like we do nearly every other vital service.

What is the MATTER with conservatives?, Do they honestly think for one second the rich will sweep them a few crumbs if they spend enough time kissing their behinds?

 

I have seen it risen under Obamacare, but not to the extent the expenditures have risen historically in the past over the same time period. It is a slower growth to some extent, but health insurance companies are in Obamacare simply they see a profit for them and their shareholders. I am not saying that is bad, but that is what health insurance companies are in the business for no matter what type health care system the United States has.

The Japanese health care system has a decreasing expenditure rate even though their population age is increasing. Chinese are very studious and entreneneurial who love and care for family while being materialistic at the same time. Koreans are simply a combination of Japanese and Chinese cultural expectations. and yet, they are the ones who save the most and enjoy the most the fruits of their labor in comparision to America.

 

"After all, we can't REGULATE the cost of the most important thing we have in our lives
HMMM........can you (or anyone) explain why many (if not all) other 1st world countries medical procedures cost 1/2 or less compared to the same procedure here in the USA? I'd link it but your Google works as well as mine and this has been WIDELY talked about for many years.

What this community organizer should have gone after was health CARE reform. Not health INSURANCE. All he and his cohorts did was give a big boost to the health insurance industry, add another tax and add to the USA deficit....

 

Japan homes are the size of most Americans great rooms. Personally, I receive Veterans care, and mine has been just fine, and my thoughts that kind of care would be vastly better for the majority of Americans. When the need to expand their healthcare needs, start paying for a combination of private and government health care. The VA is like that now

 

True about Japanese homes, but in Japan, land is a premium, like Hawaii. 200 acres in Japan is like owning the King's Ranch in Texas. However, it does not negate the fact that Japanese do enjoy the fruits of their labor when they retire and have relatively lower health care costs than us. It has nothing to do with politics or political systems, it has to do with expectations, both as an individual and as a community. This study shows how we can learn from the Japanese with our health care. Although universal health care in the United States would never mimick Japanese universal health care, The Japanese, even those living in the United States, generally, have a far lower percentage of health care expenditures on their persons than the rest of the United States. That demostrates personal responsibility, something you should be able to agree, when it comes to health concerns and health prevention.

As for the VA, that needs to be reformed and made into a quasi government organization similar to the Federal Reserve in its independence on how it manages care and personnel.

 

My wife is Japanese born in Japan, so I am quite familiar with the Japanese culture, and their amenities. The truth about health insurance and how our government has really screwed it up is they are marketing this as if all 25 year old young people are going to die tomorrow, which is total BS. Catastrophic insurance for a 20 something is the most they need at very cheap rates, and of course as we age it becomes more important. The VA I use has been awesome, and each VA facility is different, so the casting of the VA as being horrible is a lie.

 

so what your saying is private insurance soaked up 3 trillion in profits?

should we not get rid of them now?

.

 

What I am saying Obama and his left wing nuts screwed the American people out of the $3 trillion of other peoples money. Read the rest of my posts because you may be surprised what I think about the governments involvement in healthcare

 

so the 3 trillion went where? into the economy? (does this include premiums, more insured, means more paying for insurance)

did the consumer pick up the slack or did the insurance companies have to pay more, cause more people were going to the doctor? how much more did insurers make?

when more people have coverage, more will go to the doctor

.

 

U.S. people really enjoy to pay exorbitant prices for mediocre health care services, because somehow they think it is capitalism, Even though in any other place in the world people would call it price gouging, corruption and theft. It is really hard to understand why people are conditioned and brainwashed this way in America.