The Real Cost Of ObamaCare

Discussion in 'Health Care' started by Arphen, Sep 24, 2014.

  1. Arphen

    Arphen Banned

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    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."
    That's not all the numbers trickery. Take the plan's so-called "doctor fix." Under current law, physicians are slated for a 21% cut in Medicare fees this year. Those cuts, if enacted, would lead to many doctors leaving Medicare. A proposed "fix" will cost some $229 billion over 10 years. But that new cost won't be included as part of the health care bill. Only phony Medicare "cuts" will.
    Then there's the promise to remove new taxes on so-called "Cadillac Care" health plans. Originally, Democrats wanted to exclude only their pet unions from these new taxes. But after a huge outcry, the exclusion has been extended to most taxpayers.
    Now, only the rich will be hit with these grossly unfair levies. But the cost of excluding the others doesn't appear to be accounted for
     
  2. hudson1955

    hudson1955 Well-Known Member Past Donor

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    How funny, I get 3 emails today, "contribute to help keep Obama care", "help re-elect Democrats" and "Obama care insurance quotes". So since I have two sons 26 and 28 who have no insurance I contact the number listed in the "Obama care insurance quotes".

    First of all, they give quotes on all insurance, the only affordable ones were what they called, "non-Obama care insurance companies". They said these companies were not subject to the Obama Care rules(such as no pre-existing, etc). I replied, I thought all health insurance was subject to the laws and rules, and the guy says he hears that over and over and ove but only companies that join Obama care are subject to the laws and that is why the companies that didn't join can offer more affordable coverage. So much for Obama care making insurance more affordable. He quoted me a price for my 26 year old health son of $220.00/per month including $500,000.00 life insurance, $2500.00 deductible and $50.00 out of pocket compared to a participating BCBS plan for $500.00/month, $5000.00 deductible and limited providers.

    We all should be afraid of Obama care. Our costs of insurance are rising, the cost of providing care is rising and all due to Obama Care. Rather than adding those unable to qualify for private insurance to Medicare via a new PART of medicare, such as Part E(for everyone else). The screwed up every ones affordable coverage. He also said that November 15th I should call back regarding our small business, group plan.Can't wait to see how Obama care is going to screw up our group health insurance.

    Plus he said, that Obama and Dems lied when they said cost of premiums would be lowered, he is on the front lines and said just the opposite is happening.
     
  3. CourtJester

    CourtJester Well-Known Member

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    Why don't you tell us exactly which insurance company " he" represented. Or is he just a fiction of your imagination. Give us the facts.
     

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