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The cost of ObamaCare

zimmer

zimmer

Educating the Ignorant
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Ryan was right when he schooled Obama about ObamaKare.


The Congressional Budget Office now estimates that ObamaCare will cost more than $1.76 trillion by 2022. And that may actually underestimate the real cost. Other estimates suggest that ObamaCare could end up costing as much as $2.7 trillion over the next 10 years and add as much as $823 billion to our growing national debt.



Moreover, at a time of slow economic growth and high unemployment, ObamaCare imposes more than $569 billion in new or increased taxes, the vast majority of which will fall on businesses. Many of those taxes, especially those on hospitals, insurers and medical-device manufacturers, will ultimately be passed along to consumers through higher health-care costs. But other taxes, in particular new taxes on investment income, are likely to reduce economic and job growth.


And this does not even begin to account for the law’s mandate that employers must provide workers with insurance.
Michael Tanner on the cost of ObamaCare - NYPOST.com
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[h=1]In Ohio, Obamacare to Increase Individual Insurance Premiums by 55-85%[/h]
In Ohio, Obamacare to Increase Individual Insurance Premiums by 55-85% - Forbes
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Like most of the promises made about Obamacare, the pledge that it will lower health costs is turning out to be completely bogus. In fact, it’s already raising health costs.

Massachusetts Institute of Technology economist Jonathan Gruber — one of the architects of Obamacare — has studied the law’s effect on premiums in the individual market in three states. In each, he found substantial increases in premiums — a 30-percent hike in Wisconsin, 29 percent in Minnesota, and 19 percent in Colorado.


Since Obamacare’s passage, the cost of health care has continued its upward march unabated. Only by repealing this monstrosity and replacing it with patient-centered reforms — with proven cost-control track records — can we make the American healthcare system work for everyone.
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But..but...but..but...how can FREE HEALTH CARE cost anything???? It's FREEEEEEE!!!!!!
 
I'll ask again, maybe someone will answer, these cost were going up before reform. Was it Obama's fault then?
 
Boo Radley said:
I'll ask again, maybe someone will answer, these cost were going up before reform. Was it Obama's fault then?
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Well yes and no.
Some of the cost increases were definitely not the fault of those who vote for and signed on Obamacare.
On the other hand, the cost offsets, aka fake cuts to Medicare that we knew weren't going to happen, are their fault.
 
Harry Guerrilla said:
Well yes and no.
Some of the cost increases were definitely not the fault of those who vote for and signed on Obamacare.
On the other hand, the cost offsets, aka fake cuts to Medicare that we knew weren't going to happen, are their fault.
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They won't happen if repelled either.
 
Velvet Elvis said:
But..but...but..but...how can FREE HEALTH CARE cost anything???? It's FREEEEEEE!!!!!!
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So says those with their free cell phones, who rip down Romney/Ryan posters and chant "O-Bah-Ma... O-Bah-Ma... O-Bah-Ma..."
 
Velvet Elvis said:
But..but...but..but...how can FREE HEALTH CARE cost anything???? It's FREEEEEEE!!!!!!
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Except nobody's called it free. Except those who are against it. Mostly because they prefer to misrepresent what the law does than discuss what it was actually designed to do.
 
Grim17 said:
So says those with their free cell phones, who rip down Romney/Ryan posters and chant "O-Bah-Ma... O-Bah-Ma... O-Bah-Ma..."
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No they don't.
 
samsmart said:
Except nobody's called it free. Except those who are against it. Mostly because they prefer to misrepresent what the law does than discuss what it was actually designed to do.
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It's a rather convinient strawman, methinks.
 
Harry Guerrilla said:
So on the net, they knew it was going to cost more, they just lied about it.
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Every single democrat and republican that voted for it, including Obama, knew that Obamacare was going to cost billions... Oh wait... I don't think any Repubicans did vote for it, so I guess we can't blame them, can we?
 
Harry Guerrilla said:
Well yes and no.
Some of the cost increases were definitely not the fault of those who vote for and signed on Obamacare.
On the other hand, the cost offsets, aka fake cuts to Medicare that we knew weren't going to happen, are their fault.
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Well, you also should factor in the costs of people using emergency room visits because they didn't carry health insurance as compared to those who now do carry health insurance because of the mandate.

I'm not really arguing on any one point. I'm just pointing out that there are a lot of variables to factor when it comes to determining the cost savings, and who they go to.

It will also take Americans some time to adapt to it too.
 
I just want to know what mongoloids actually thought ObamaCare's costs were going to be static. Seriously. Every...single...program the government has initiated has become an out-of-control, bloated monstrosity. Did they really think it'd be this simple?
 
Grim17 said:
Every single democrat and republican that voted for it, including Obama, knew that Obamacare was going to cost billions... Oh wait... I don't think any Repubicans did vote for it, so I guess we can't blame them, can we?
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They SURE won't want to be blamed for providing insurance for millions more americans or holding insurance companies to a standard
 
samsmart said:
Well, you also should factor in the costs of people using emergency room visits because they didn't carry health insurance as compared to those who now do carry health insurance because of the mandate.

I'm not really arguing on any one point. I'm just pointing out that there are a lot of variables to factor when it comes to determining the cost savings, and who they go to.

It will also take Americans some time to adapt to it too.
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Emergency room usage is primarily done by people on government insurance programs, IIRC.
So that point is rather moot.
 
I'm not an Obamacare fan but I didn't think from the beginning that the purpose or results would be free health care. The major changes were MANDATORY insurance and coverage expansion for those with pre-existing conditions. Since the mandatory health care insurance can not offset the additional cost of insuring the pre-existing condition costs, I never thought it would be free. I objected to the complexity, the obvious corruption in sacrificing Medicare's ability to negotiate drug prices and the absence of an insurance company of last resort. In short, I would have taken a very different approach but NO approach would ever be without cost. That doesn't make any sense. How can you do more, negotiate less and then not lose money on the deal? To me it was OBVIOUS it would cost a great deal and then the issue became was it worth it to provide more people with coverage. Anybody who believed that any of this would be FREE, was also a net buyer of Unicorns.

Now, before anybody rises up to tell me I'm "attacking" Obama, let me also tell you one more thing.

Mr. Romney's plan to cut taxes and that this will somehow be revenue neutral by reducing deductions is as gullible as anybody who thought Obamacare would be free. You can't give millions of poor people health care for FREE. You can't reduce income for FREE either.

Neither of these guys should be our President.
 
Boo Radley said:
I'll ask again, maybe someone will answer, these cost were going up before reform. Was it Obama's fault then?
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Why did we even need ObamaCare? The poor could always go to the emergency rooms to get treatment.
 
When people open up the letter to find their Obamacare subsidy isn't going to cover their premium, people will realize too late how badly Obama screwed them.
 
johnny_rebson said:
Why did we even need ObamaCare? The poor could always go to the emergency rooms to get treatment.
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Even asking that question suggests a fundamental misunderstanding of the problem. Next to nothing is more expensive than using the emergency rooms. And that is paid for by all of us even if the government pays nothing. There is a reason a bandaid costs $16 dollars at a hospital. And that type of care, late, after problems develop isn't as good for the patient as rountine regular care.
 
Boo Radley said:
Even asking that question suggests a fundamental misunderstanding of the problem. Next to nothing is more expensive than using the emergency rooms. And that is paid for by all of us even if the government pays nothing. There is a reason a bandaid costs $16 dollars at a hospital. And that type of care, late, after problems develop isn't as good for the patient as rountine regular care.
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Can you post an image of a hospital bill that shows a line item that says "Bandaid" and a cost of $16? I'd like to see that.
 
Aberration said:
My premium never went up $300/mo.
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If it did now, it wasn't due to reform. There is no logical reason for that. So, while I doubt it went up $300/month, if it did, you may want to consider if they merely saw a sucker. :coffeepap
 
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