So much for lowering health care costs. $1.39 trillion for Obamacare, Lowered costs, by the way, is a meaningless political catch phrase. Which costs, total expenditures, or percent of GDP, or the unit costs of a hospital day, or insurance premiums, which does it mean?
Well here is what Obamacare costs. It is no surprise to those who read at least the Obmacare exec summary, and study the analytic reports that are done by many sources.
The die hard new Democrats just don't get it---the real reform is not Government versus insurance, it is bottom up restructure to restore direct patient-doctor control of treatment and spending. You would think liberals would love it, but they like more government, more control, and more spending.
Now the report says: CBO’s initial scoring of Obamacare analyzed its effects from 2010 to 2019, including only six years of full implementation, since main spending provisions do not go into effect until 2014. The new document reports on 2012 to 2021, including an additional two years of full implementation. This still fails to show the true 10-year cost of the law, but gets a little closer. Over eight years, the gross cost of Obamacare’s coverage provisions jumps from $938 billion to $1.39 trillion, which includes $677 billion to create a new health entitlement offering generous subsidies to the middle class to purchase health insurance.
As for preference for Government controling medical care, we already have the government do that. Every time medicare cuts out a service, the insurance companies follow. So, for example, Hospice is now down to only the last few days of life, Autism is not acceptable to treat with psychological treatments, to name a few of the government imposed limits. Each copied by the insurance companies. And many procedures are now subject to review by contract agenies---insurance companies.
The reality is that bureacratic insurance and government are interlocked. Medicare and medicaid are run by the insurance companies for the government.
As for as government setting standards, the government body that does the research on quality, AHRQ reported University based studies which showed practice unformly following standards got more deaths and worse benefits than practice where physicians used judgement. So much for government committee deciding.
But, be my guest my die hard policital party and leftist friends. I will discuss with my doctors and get my second opinion from Mayo, and will forgo surgery only if they advise me, and when you ask your federal commission and they deny your surgery, you have my sympathy.