They predicted Obamcare would reduce medical costs.
It will not. (the Centers for Medicare and Medicaid Services (CMS) expect an annual increase in health care spending from 2010-2019 of 0.2 percent over estimates made before passage of the PPACA. They also predict spending will reach $4.6 trillion in 2019, for an average annual growth rate of 6.3 percent during that time.)
They also predicted surpluses from FY 2000-FY 2015
That didn't go so well.
That is to be expected. If more people are receiving services, the price will increase, simply on volume alone.
What's wrong with that anyway? Obviously making healthcare available to those who in the past didn't have access to that level of care is going to increase costs. Isn't that the compassionate thing to do?
They predicted Obamcare would reduce medical costs.
It will not. (the Centers for Medicare and Medicaid Services (CMS) expect an annual increase in health care spending from 2010-2019 of 0.2 percent over estimates made before passage of the PPACA. They also predict spending will reach $4.6 trillion in 2019, for an average annual growth rate of 6.3 percent during that time.)
They also predicted surpluses from FY 2000-FY 2015
That didn't go so well.
That is to be expected. If more people are receiving services, the price will increase, simply on volume alone.
What's wrong with that anyway? Obviously making healthcare available to those who in the past didn't have access to that level of care is going to increase costs. Isn't that the compassionate thing to do?
The Congressional Budget Office has estimated that only about 7 percent of employees currently covered by employer-sponsored insurance (ESI) will have to switch to subsidized-exchange policies in 2014. However, our early-2011 survey of more than 1,300 employers across industries, geographies, and employer sizes, as well as other proprietary research, found that reform will provoke a much greater response.
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So in other words, I get to lose my current plan and go to the crappy government/Obama health care exchange.
The Congressional Budget Office has estimated that only about 7 percent of employees currently covered by employer-sponsored insurance (ESI) will have to switch to subsidized-exchange policies in 2014. However, our early-2011 survey of more than 1,300 employers across industries, geographies, and employer sizes, as well as other proprietary research, found that reform will provoke a much greater response.
============================
So in other words, I get to lose my current plan and go to the crappy government/Obama health care exchange.
That is to be expected. If more people are receiving services, the price will increase, simply on volume alone.
What's wrong with that anyway? Obviously making healthcare available to those who in the past didn't have access to that level of care is going to increase costs. Isn't that the compassionate thing to do?
I was told repetatedly by Obama, Democrats and their supporters that Obamacare would lower costs.
You have also said insurance companies are driving up costs.
That is to be expected. If more people are receiving services, the price will increase, simply on volume alone.
What's wrong with that anyway? Obviously making healthcare available to those who in the past didn't have access to that level of care is going to increase costs. Isn't that the compassionate thing to do?
I was told repetatedly by Obama, Democrats and their supporters that Obamacare would lower costs.
You have also said insurance companies are driving up costs.
CBO projects that under ObamaCare, premiums will be higher, and more employers will drop coverage than in previous estimates
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As a consequence of the Affordable Care Act,” the president said in September 2010, ”premiums are going to be lower than they would be otherwise; health care costs overall are going to be lower than they would be otherwise.”
CBO projects that under ObamaCare, premiums will be higher, and more employers will drop coverage than in previous estimates
=================
As a consequence of the Affordable Care Act,” the president said in September 2010, ”premiums are going to be lower than they would be otherwise; health care costs overall are going to be lower than they would be otherwise.”
My issue is that more people are not going to have insurance under Obamacare. Despite you inisiting they will.
My other point is that health care costs are no increasing because of insurance companies.
That's laughable.
Yes more people are going to have insurance coverage, significantly so says the CBO paper, if employers drop their coverage, those employees would be forced to purchase it in the free market. In that scenario we'd see no change in insurance coverage.
Yes costs are increasing, but the act does have a few provisions to better regulate insurance companies.
My issue is that more people are not going to have insurance under Obamacare. Despite you inisiting they will.
My other point is that health care costs are no increasing because of insurance companies.
That's laughable.
Yes more people are going to have insurance coverage, significantly so says the CBO paper, if employers drop their coverage, those employees would be forced to purchase it in the free market. In that scenario we'd see no change in insurance coverage.
Yes costs are increasing, but the act does have a few provisions to better regulate insurance companies.
Romney said if he is elected he will repeal obamacare. Right now that sounds like good news.
The way this country is right now as far as the economy I will be shocked if the American people give obama another 4 yrs. in office...shocked I tell ya!!...and also disappointed!
Romney said if he is elected he will repeal obamacare. Right now that sounds like good news.
The way this country is right now as far as the economy I will be shocked if the American people give obama another 4 yrs. in office...shocked I tell ya!!...and also disappointed!
Romney said if he is elected he will repeal obamacare. Right now that sounds like good news.
The way this country is right now as far as the economy I will be shocked if the American people give obama another 4 yrs. in office...shocked I tell ya!!...and also disappointed!
Mitt Romney is following partisan agendas, he has no back bone.
He has pulled a complete about face on the subject. While Governor of Massachusetts many forget that Romney was the one who proposed health care reform to cover all those who were uninsured.
Romney said if he is elected he will repeal obamacare. Right now that sounds like good news.
The way this country is right now as far as the economy I will be shocked if the American people give obama another 4 yrs. in office...shocked I tell ya!!...and also disappointed!
Mitt Romney is following partisan agendas, he has no back bone.
He has pulled a complete about face on the subject. While Governor of Massachusetts many forget that Romney was the one who proposed health care reform to cover all those who were uninsured.
So will employers now cut back their full time employees to part time and hire more part timers to fill the gap in an effort to circumvent the health care costs?
So will employers now cut back their full time employees to part time and hire more part timers to fill the gap in an effort to circumvent the health care costs?
Yes more people are going to have insurance coverage, significantly so says the CBO paper, if employers drop their coverage, those employees would be forced to purchase it in the free market. In that scenario we'd see no change in insurance coverage.
Yes costs are increasing, but the act does have a few provisions to better regulate insurance companies.
No, your response is laughable.
See, Obamacare is driving up the cost of health insurance.
But, the "penalty" is lower than the cost of health insurance, which more companies are dropping.
So guess what is going to happen in that scenario?
Yes more people are going to have insurance coverage, significantly so says the CBO paper, if employers drop their coverage, those employees would be forced to purchase it in the free market. In that scenario we'd see no change in insurance coverage.
Yes costs are increasing, but the act does have a few provisions to better regulate insurance companies.
No, your response is laughable.
See, Obamacare is driving up the cost of health insurance.
But, the "penalty" is lower than the cost of health insurance, which more companies are dropping.
So guess what is going to happen in that scenario?
I'm in agreement with WallStreet on this one. Focus on the COST of healthcare brothers, don't focus on whether you should, shouldn't, need, don't need health insurance. Health insurance is only one factor in the overall cost structure of your healthcare. So let's point out some factors that drive healthcare UP ... drum roll ... some you can help, some you can't ...
Medical malpractice litigation ...
Pharmaceutical/Biomed corporations (Remember for one successful new medication there's times 5 or 6 failures, this is one reason why brand name meds are expensive and they have 17 years monopoly over their drugs) ...
Third party service providers (as wallstreet mentioned .. Labcorp) ...
Uninsured or underinsured patients ... including underpayments of Medicaid to doctors and hospitals.
This list could still go on. The point is that health insurance is only a piece of the entire HIGH cost healthcare puzzle. In my humble opinion, no matter how you cut it, *quality* healthcare is gunna cost you a pretty penny no matter what kinda system we're in.
I'm in agreement with WallStreet on this one. Focus on the COST of healthcare brothers, don't focus on whether you should, shouldn't, need, don't need health insurance. Health insurance is only one factor in the overall cost structure of your healthcare. So let's point out some factors that drive healthcare UP ... drum roll ... some you can help, some you can't ...
Medical malpractice litigation ...
Pharmaceutical/Biomed corporations (Remember for one successful new medication there's times 5 or 6 failures, this is one reason why brand name meds are expensive and they have 17 years monopoly over their drugs) ...
Third party service providers (as wallstreet mentioned .. Labcorp) ...
Uninsured or underinsured patients ... including underpayments of Medicaid to doctors and hospitals.
This list could still go on. The point is that health insurance is only a piece of the entire HIGH cost healthcare puzzle. In my humble opinion, no matter how you cut it, *quality* healthcare is gunna cost you a pretty penny no matter what kinda system we're in.
The point is that health insurance is only a piece of the entire HIGH
cost healthcare puzzle. In my humble opinion, no matter how you cut it,
*quality* healthcare is gunna cost you a pretty penny no matter what
kinda system we're in.
but why is it so much more expensive here than other countries, many of which have a higher life expectancy than here? i'm not saying medical care is the only factor in life expectancy but it has to be a pretty significant factor.
The point is that health insurance is only a piece of the entire HIGH
cost healthcare puzzle. In my humble opinion, no matter how you cut it,
*quality* healthcare is gunna cost you a pretty penny no matter what
kinda system we're in.
but why is it so much more expensive here than other countries, many of which have a higher life expectancy than here? i'm not saying medical care is the only factor in life expectancy but it has to be a pretty significant factor.
The Centers for Medicare and Medicaid Services (CMS) expect an annual
increase in health care spending from 2010-2019 of 0.2 percent over
estimates made before passage of the PPACA. They also predict spending
will reach $4.6 trillion in 2019, for an average annual growth rate of
6.3 percent during that time.
The Centers for Medicare and Medicaid Services (CMS) expect an annual
increase in health care spending from 2010-2019 of 0.2 percent over
estimates made before passage of the PPACA. They also predict spending
will reach $4.6 trillion in 2019, for an average annual growth rate of
6.3 percent during that time.
CMS estimates the growth in health insurance costs will increase 10
extra percentage points in 2014 because of ObamaCare — a 14% increase,
versus 3.5% without the law.
In 2020, the net cost of health insurance is estimated to be $271
billion. Without ObamaCare, that number would have been $248.7 billion —
a difference of more than $22 billion
CMS estimates the growth in health insurance costs will increase 10
extra percentage points in 2014 because of ObamaCare — a 14% increase,
versus 3.5% without the law.
In 2020, the net cost of health insurance is estimated to be $271
billion. Without ObamaCare, that number would have been $248.7 billion —
a difference of more than $22 billion
And of course, other groups cite different numbers.
All of that may happen, we don't know.
The point remains the same. Given the increase in percentages of health insurance costs, we just cannot say with certainty, that current increases are solely attributable to this.
And of course, other groups cite different numbers.
All of that may happen, we don't know.
The point remains the same. Given the increase in percentages of health insurance costs, we just cannot say with certainty, that current increases are solely attributable to this.
And of course, other groups cite different numbers.
All of that may happen, we don't know.
The point remains the same. Given the increase in percentages of health insurance costs, we just cannot say with certainty, that current increases are solely attributable to this.
What "other groups" would that be?
Further, the CMS actuary is responsible for the cost accounting for Medicare & Medicaid.
So I'd love to see a comparable estimate.
Finally, we have multiple examples of companies citing Obamacare for the increases.
Note: in the ABC article, the White House admits Obamacare is responsible for raising premiums.
And of course, other groups cite different numbers.
All of that may happen, we don't know.
The point remains the same. Given the increase in percentages of health insurance costs, we just cannot say with certainty, that current increases are solely attributable to this.
What "other groups" would that be?
Further, the CMS actuary is responsible for the cost accounting for Medicare & Medicaid.
So I'd love to see a comparable estimate.
Finally, we have multiple examples of companies citing Obamacare for the increases.
Note: in the ABC article, the White House admits Obamacare is responsible for raising premiums.
USA has taken a big step toward universal healthcare system. Renton is right to say welcome to the 21st century. Many countries are proud to have universal healthcare and founders are praised as national HEROES in the long run. For example, Tommy Douglas of Canada started healthcare reforms during the Great Depression the most difficult period possible.
USA has taken a big step toward universal healthcare system. Renton is right to say welcome to the 21st century. Many countries are proud to have universal healthcare and founders are praised as national HEROES in the long run. For example, Tommy Douglas of Canada started healthcare reforms during the Great Depression the most difficult period possible.
This is a great law and is finally a step in insuring that all citizens can get the healthcare they need. Every other developed and prosperous country in the world has a system of near universal healthcare and it's seen as common sense in those places. Yet, there are still so many dumbass Americans who have a problem with this. And people wonder why so many other countries think Americans are so damn stupid.
This is a great law and is finally a step in insuring that all citizens can get the healthcare they need. Every other developed and prosperous country in the world has a system of near universal healthcare and it's seen as common sense in those places. Yet, there are still so many dumbass Americans who have a problem with this. And people wonder why so many other countries think Americans are so damn stupid.
This is a great law and is finally a step in insuring that all citizens can get the healthcare they need. Every other developed and prosperous country in the world has a system of near universal healthcare and it's seen as common sense in those places. Yet, there are still so many dumbass Americans who have a problem with this. And people wonder why so many other countries think Americans are so damn stupid.
Says someone who has the luxury of not being affected by this law.
This is a great law and is finally a step in insuring that all citizens can get the healthcare they need. Every other developed and prosperous country in the world has a system of near universal healthcare and it's seen as common sense in those places. Yet, there are still so many dumbass Americans who have a problem with this. And people wonder why so many other countries think Americans are so damn stupid.
Says someone who has the luxury of not being affected by this law.
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