Page 1 of 2 12 LastLast
Results 1 to 10 of 13

Thread: Health Plan Won’t Fuel Big Spending, Report Says

  1. #1
    Sage

    Join Date
    Oct 2007
    Location
    New York
    Last Seen
    Today @ 12:40 PM
    Gender
    Lean
    Centrist
    Posts
    11,691

    Health Plan Won’t Fuel Big Spending, Report Says

    From today's edition of The New York Times:

    A new government study says President Obama’s health care law will have negligible effects on total national health spending in the next 10 years, neither slowing nor fueling the explosive growth of medical costs.

    About 32.5 million people will gain coverage, and health spending will grow slightly faster than projected under prior law — at an annual rate of 6.3 percent, rather than 6.1 percent, the report said.
    http://www.nytimes.com/2010/09/09/he.../09health.html

    For those who are interested, the full text of the article can be found at: National Health Spending Projections: The Estimated Impact Of Reform Through 2019 -- Sisko et al., 10.1377/hlthaff.2010.0788 -- Health Affairs

    As noted during the health reform debate, I continue to believe that the biggest defect in the plan was not anything that was added to the plan, but its failure to tackle the excess cost growth issue. Failure to restrain the growth of health expenditures will create increased long-term fiscal pressure. Growth in such expenditures at a multiple of nominal GDP represents a large and growing imbalance. Unless foreigners are willing to finance an increasing share of the U.S. health system's costs--there is no evidence of any such long-term commitment--the system is on an unsustainable trajectory.

    This new report confirms that the recently adopted health reforms, whatever one thinks of them on other attributes (coverage expansion, budget impact, etc.), has not "bent" the cost curve toward a more sustainable trajectory.
    Last edited by donsutherland1; 09-09-10 at 10:04 AM.

  2. #2
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Health Plan Won’t Fuel Big Spending, Report Says

    FACT CHECK: Obama's tone shifts on health care

    Sep 10, 4:10 PM (ET)

    By ERICA WERNER and CALVIN WOODWARD

    (AP) President Barack Obama is reflected in the mirror as he answers questions during a news conference...
    Full Image

    WASHINGTON (AP) - President Barack Obama told voters repeatedly during the health care debate that the overhaul legislation would bring down fast-rising health care costs and save them money. Now, he's hemming and hawing on that.

    Obama offered some caveats when asked in his news conference Friday about the apparent discrepancy between what he promised and what's actually happening so far. On several other topics, too, his rhetoric fell short of a full accounting.
    My Way News - FACT CHECK: Obama's tone shifts on health care

    it appears ap's tone is shifting, as well

    the dude has no credibility

    sorry, y'all
    Last edited by The Prof; 09-11-10 at 03:36 PM.

  3. #3
    Guru
    Councilman's Avatar
    Join Date
    Apr 2009
    Location
    Riverside, County, CA.
    Last Seen
    11-04-11 @ 10:16 PM
    Gender
    Lean
    Conservative
    Posts
    4,454
    Blog Entries
    10

    Re: Health Plan Won’t Fuel Big Spending, Report Says

    And how can they say this just 3 days after this came out. http://http://online.wsj.com/article...LEFTTopStories

    It's clearly cause and effect and shows this report talked about in the L.A.Times story is BUNK.

    And we all know Obama has been lying about the costs to all of us. Hell there are a number of new taxes in that 2,000 page disaster waiting to happen if we don't vote with fresh new eyes on the prize in Nov.

    Give a listen to part of a interview about Obama: http://http://www.youtube.com/watch?v=jSBnzFtN6tk

  4. #4
    Sage

    Join Date
    Jul 2009
    Last Seen
    05-16-15 @ 02:32 PM
    Lean
    Undisclosed
    Posts
    12,537

    Re: Health Plan Won’t Fuel Big Spending, Report Says

    obama lies a lot, like the time he argued in court that his obamacare mandate was indeed, after all, in actuality a tax

    http://www.nytimes.com/glogin?URI=ht...BX5Q2FGwGQ2Fg5

    it's one of his character flaws

  5. #5
    Sage

    Join Date
    Sep 2007
    Last Seen
    09-24-17 @ 04:38 AM
    Lean
    Undisclosed
    Posts
    29,261

    Re: Health Plan Won’t Fuel Big Spending, Report Says

    I'm just wondering why a heart transplant costs almost a million dollars in this country.

  6. #6
    Guru
    Councilman's Avatar
    Join Date
    Apr 2009
    Location
    Riverside, County, CA.
    Last Seen
    11-04-11 @ 10:16 PM
    Gender
    Lean
    Conservative
    Posts
    4,454
    Blog Entries
    10

    Re: Health Plan Won’t Fuel Big Spending, Report Says

    Quote Originally Posted by winston53660 View Post
    I'm just wondering why a heart transplant costs almost a million dollars in this country.
    Tort reform would help slow the rise in medical costs. I know pooliticians claim it would make like to no differnce but that is B.S.

    Talk with anyone who has been in the insurance business for the last 25 years and you'll learn the truth. Politicians are obligated to trial lawyers.

    25 years ago I had major medical and spent 53 days in U.C.S.F. Hospital at a cost of about $82,000. Today that would cost about $500,000 if I had an HMO to cover it.

    Also look at what law suits have done to the cost of Malpractice Insurance it is out of sight, and has made finding an Obstetrician in some places very hard or even impossible.

  7. #7
    Sage

    Join Date
    Sep 2007
    Last Seen
    09-24-17 @ 04:38 AM
    Lean
    Undisclosed
    Posts
    29,261

    Re: Health Plan Won’t Fuel Big Spending, Report Says

    Quote Originally Posted by Councilman View Post
    Tort reform would help slow the rise in medical costs. I know pooliticians claim it would make like to no differnce but that is B.S.

    Talk with anyone who has been in the insurance business for the last 25 years and you'll learn the truth. Politicians are obligated to trial lawyers.

    25 years ago I had major medical and spent 53 days in U.C.S.F. Hospital at a cost of about $82,000. Today that would cost about $500,000 if I had an HMO to cover it.

    Also look at what law suits have done to the cost of Malpractice Insurance it is out of sight, and has made finding an Obstetrician in some places very hard or even impossible.
    Health insurers are bigger lobbiers than trail lawyers

  8. #8
    Banned
    Join Date
    Jun 2008
    Location
    Canada
    Last Seen
    12-26-10 @ 06:57 PM
    Gender
    Lean
    Independent
    Posts
    8,083

    Re: Health Plan Won’t Fuel Big Spending, Report Says

    Well what do you expect when this policy is basically forcing people to go to the very insurance companies that have been gouging them for years?

  9. #9
    Sage


    MaggieD's Avatar
    Join Date
    Jul 2010
    Location
    Chicago Area
    Last Seen
    @
    Gender
    Lean
    Moderate
    Posts
    43,243
    Blog Entries
    43

    Re: Health Plan Won’t Fuel Big Spending, Report Says

    Quote Originally Posted by winston53660 View Post
    Health insurers are bigger lobbiers than trail lawyers
    By far! No comparison. But then nobody's talking tort reform right now. And apparently, judging by this chart, lawyers aren't too worried about Dems taking it on, which I find very interesting:
    Lobbying.png
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  10. #10
    Sage

    Join Date
    May 2009
    Location
    USA
    Last Seen
    Today @ 10:20 PM
    Gender
    Lean
    Conservative
    Posts
    9,812

    Re: Health Plan Won’t Fuel Big Spending, Report Says

    Quote Originally Posted by winston53660 View Post
    I'm just wondering why a heart transplant costs almost a million dollars in this country.
    If we just got rid of hospitals in this country, or forced them to provide their services at much less than their costs, the average heart transplant would only be about $200k.

    Here's a nice breakdown of what is associated with that cost:

    Transplant Living: Organ Donation and Transplantation Information for Patients

    And before you say it, hospitals have, on average, very low profit margins with many not making any profit at all.
    Last edited by buck; 09-12-10 at 10:59 AM.

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •