Senators Health Care Bill is a Financial and Social Fail
Why are we wasting time on health care reform? I thought the big issue was insuring those that can’t get insurance and to bring costs down for everybody. So would anyone like to explain why we are not getting this from the Democrats? And they wonder why 60% of Americans are not on board with this crap and why the Republicans are blocking the proceedings every step of the way. The AP is reporting a study out today by the Health and Human Services Department that says:
the nation’s $2.5 trillion annual health care tab won’t shrink under the Democratic blueprint that senators are debating. Instead, it would grow somewhat more rapidly than if Congress does nothing.
More troubling was the report’s assessment that the Democrats’ plan to squeeze Medicare for $493 billion over 10 years in savings relies on specific policy changes that “may be unrealistic” and could lead to cuts in services. The Medicare savings are expected to cover about half the nearly $1 trillion, 10-year cost of expanding coverage to the uninsured.
But that’s OK because the nation will get healthier, right? Not so says the study:
In still more bad news, the report starkly warned that a new long-term care insurance plan included in the legislation could “face a significant risk of failure” because it would attract people in poor health, leading to higher and higher premiums, and eventually triggering an “insurance death spiral.”
But with all this cost and government takeover and bureaucracy in the system certainly they will achieve their stated goal of providing insurance to every single America right? Nope. Sorry, here is what the report says on that:
The bill would provide coverage to 93 percent of Americans, reducing the number of uninsured people by about 33 million, the report said.
The AP reported that statement as a “bright note”.
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