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Thread: Budget Office Lowers Its Estimate on Federal Spending for Health Care

  1. #31
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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by Beaudreaux View Post
    Seriously? Did you even read your own OP for God's sake? My costs have skyrocketed as have most of everyone else.

    If you would just... you know what - never mind. I've tried. Someone else can bang their head on that brick wall of ideological blindness you've put up in front of you.
    Funny. 30k people work in my company. My premium went up $3/mo. Not one person I know that I work with has complained about skyrocketing premiums.

    In fact, I believe there was a whole thread that discussed the BS claim of skyrocketing premiums, complete with multiple references.

    You should read it.
    Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.

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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by Threegoofs View Post
    WASHINGTON — The growth of federal spending on health care will continue to decline as a proportion of the overall economy in the coming decades, in part because of cost controls mandated by President Obama’s health care law, the nonpartisan Congressional Budget Office said on Tuesday.

    The budget office said in its annual 25-year forecast that federal spending on major health care programs would amount to 8 percent of gross domestic product by 2039, one-tenth of a percentage point lower than its previous projection.

    With the latest revision, the budget office has now reduced its 10-year estimate for spending by Medicare, Medicaid and other health programs by $1.23 trillion starting in 2010, the year the health care law took effect. By 2039, the savings would amount to $250 billion a year today, or about 1.5 percent of the economy.

    http://www.nytimes.com/2014/07/16/bu...care.html?_r=0

    This is the biggest news that no one is talking about. I guess scary stories are better for pageviews and eyeballs.

    This is a massive shift. In fact, its exactly what Obama discussed when he talked about 'bending the cost curve' of Medicare. Exactly.

    Heres a nice graph showing the budget impact.



    Thats total federal government spending... a massively lower projection.
    Interesting. I must be missing something.

    The report they issued contained this:

    Federal spending for Social Security and the government’s major health care programs—Medicare, Medicaid, the Children’s Health Insurance Program, and subsidies for health insurance purchased through the exchanges created under the Affordable Care Act—would rise sharply, to a total of 14 percent of GDP by 2039, twice the 7 percent average seen over the past 40 years. That boost in spending is expected to occur because of the aging of the population, growth in per capita spending on health care, and an expansion of federal health care programs.

    What am I missing?

  3. #33
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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by Born Free View Post
    It's not just a liberal tool, both parties use it to skew the results in their favor. Garbage in garbage out. As a result I don't put a much faith in any CBO report from either party.
    Because you just go with your gut.

    I know lots of people like that. They all fail in math and science.
    Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.

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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by Threegoofs View Post
    Funny. 30k people work in my company. My premium went up $3/mo. Not one person I know that I work with has complained about skyrocketing premiums.

    In fact, I believe there was a whole thread that discussed the BS claim of skyrocketing premiums, complete with multiple references.

    You should read it.
    Unsupported anecdotes are not very compelling.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by Threegoofs View Post
    Because you just go with your gut.

    I know lots of people like that. They all fail in math and science.
    You are the one arguing anecdotes to prove insurance premiums didn't skyrocket.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by Beaudreaux View Post
    Seriously? Did you even read your own OP for God's sake? My costs have skyrocketed as have most of everyone else.

    If you would just... you know what - never mind. I've tried. Someone else can bang their head on that brick wall of ideological blindness you've put up in front of you.
    Let me tell you about the ideological brick wall.

    Last year, all we heard from conservatives would be how the ACA will lead to 'skyrocketing' costs, 'skyrocketing' premiums, massive loss of coverage (still a nutty concept), etc etc etc.

    Come November, I remember being concerned about reenrolling in my same Heath plan. Would it change dramatically? Would it get unaffordable?

    Nope. Mostly the same plan. Lower increase than usual. I heard the same story from friends who own companies, and friends who work for forms both large and small. A big nothingburger.

    But guys like you are still seeing skyrockets.

    You can only cry wolf so many times before losing credibility. The GOP lost me in about 2002. I think there are a long line of refugees behind me.
    Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.

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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by jmotivator View Post
    You are the one arguing anecdotes to prove insurance premiums didn't skyrocket.
    As I said earlier, there was an entire thread on this previously, with lots of references. I'm not going to spoonfeed you- feel free to look it up.
    Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.

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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by Threegoofs View Post
    As I said earlier, there was an entire thread on this previously, with lots of references. I'm not going to spoonfeed you- feel free to look it up.
    I am well aware that there are plenty of threads where you willfully ignore the facts. The real world is unimpressed with propaganda as premiums skyrocket.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by Threegoofs View Post
    Funny. 30k people work in my company. My premium went up $3/mo. Not one person I know that I work with has complained about skyrocketing premiums.

    In fact, I believe there was a whole thread that discussed the BS claim of skyrocketing premiums, complete with multiple references.

    You should read it.
    My daughters insurance premium doubled, and the number of providers shrunk. You should avoid blanket statements, they can scientifically prove the limitations of the theorist involved.

  10. #40
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    Re: Budget Office Lowers Its Estimate on Federal Spending for Health Care

    Quote Originally Posted by jmotivator View Post
    I am well aware that there are plenty of threads where you willfully ignore the facts.
    Just as I thought. You won't look it up.

    You'll look no further than the WSJ OP ed page.
    Many Trump supporters have lots of problems, and those deplorables are bringing those problems to us. They’re racists. They’re misogynists. They’re islamophobic. They're xenophobes and homophobes. And some, I assume, are good people.

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