Page 1 of 3 123 LastLast
Results 1 to 10 of 25

Thread: Medicare Actuary Doubts Health Care Law Savings

  1. #1
    Sage

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

    Medicare Actuary Doubts Health Care Law Savings

    Medicare official doubts health care law savings - Health - Health care - msnbc.com

    Two of the central promises of President Barack Obama's health care overhaul law are unlikely to be fulfilled, Medicare's independent economic expert told Congress on Wednesday.

    The landmark legislation probably won't hold costs down, and it won't let everybody keep their current health insurance if they like it, Chief Actuary Richard Foster told the House Budget Committee. His office is responsible for independent long-range cost estimates.
    1. Medicare's actuary, much like CBO's Elmendorf a "constant thorn in Obama's side," testifies before Rep Ryan's Budget Committee, under aggressive questioning from Northern California's ultra conservative Tom McClintock, he "doubts" Obamacare will in actuality ultimately keep costs down.

    2. For two years Obama, as assiduous as Ahab, justified his radical redrawing of 1/6 of the US economy on fiduciary grounds.

    3. It was only in the dark days before his determination to DEEM the damn thing that Obama evolved his EMPHASIS from the economic to this more social animus, expanding coverage to everyone.

    4. Before that, "reversing the cost trajectory" was Ahab Obama's raison d'etre.

    5. In his sadsack SOTU he switched once more: "health insurance reform will SLOW these RISING costs."

    6. Worrisomely worse is the actuary's estimate that equally false is Obama's MANTRA that Americans can keep their current coverage if they like it.

    7. The embarrassing emptiness of this essential assurance is what encouraged Ms Sebelius to EXEMPT now EIGHT hundred too bigs from Obamacare's annual limit requirements.

    8. Obamacare CUTS Medicare, already over strained, already direly depended on, by HALF A TRILLION dollars while simultaneously expanding its responsibilities to millions more of miserable Americans.

    9. It burdens our already bankrupt states with 200B of new obligations in the form of millions more on Medicaid.

    10. Doctors already are refusing to treat new Medicare patients, even before Obamacare's egregious and unfunded expansion.

    11. Obamacare relies on TEN YEARS OF TAXES vs only SIX of full benefits.

    12. It cynically cuts another QUARTER TRIL of DOC FIX out of its intrinsically inauthentic accounting.

    13. It corruptly DOUBLE COUNTS another QUARTER T, according to CBO.

    14. It relies on "revenues," ie, taxes, fines, fees and mandates, of more than THREE QUARTERS OF A TRIL to get to its bogus bottom line, says CBO.

    15. ER costs and traffic actually increase, exposing as ersatz our challenged chief exec's primary payfor, according to the Boston Globe, subsidiary of the Gray Lady.

    16. It subjects millions of Americans, mostly our young invulnerables, to MANDATES measuring thousands of dollars per year, with threats of jail time for those who refuse to comply, avows ABC.

    17. Just wait til THE MANDATE, assured effortless passage thru Boehner's house, faces Senators McCaskill, Webb, Manchin, Conrad, Nelson, Nelson, Tester, Casey, Brown, Kohl, Klobuchar, Stabenow and Bingaman.

    18. All of em UP for reelection in '12.

    19. The parliamentary landscape could not be more perilous for the party STILL in power.

    20. No wonder our perplexed president was so EQUIVOCAL about his prime piece in his destitute SOTU.

    21. No wonder he's so eager to "fix what needs to be fixed and MOVE FORWARD."

    22. Party on, progressives, your respite is precariously temporary.

    Capitol Briefing - Senate votes to keep Medicare cuts

    ER visits, costs in Mass. climb - The Boston Globe

    http://www.nytimes.com/2009/04/02/bu.../02health.html

    Senate passes 1-year doc fix - The Hill's Healthwatch

    Budget Office Rebuts Democratic Claims on Medicare (Update1) - Bloomberg

    Governors balk over what healthcare bill will cost states - The Boston Globe

    ASA: ASA 130th Annual Meeting Abstracts - Primary Payer Status Affects Mortality For Major Surgical Operations

    Buy Insurance or Go to Jail? - The Note

    Helping Americans Keep the Coverage They Have and Promoting Transparency | HHS.gov

    McCaskill moves away from mandate - David Catanese - POLITICO.com

    The Prof
    Last edited by The Prof; 01-27-11 at 03:21 PM.

  2. #2
    Banned
    Join Date
    Oct 2010
    Location
    dimensionally transcendental
    Last Seen
    08-15-11 @ 04:31 PM
    Gender
    Lean
    Conservative
    Posts
    7,153

    Re: Medicare Actuary Doubts Health Care Law Savings

    the left won't care. I've posted opinions of former Medicare administrators who said there wont be any savings under Obamacare... the left looks, well... to the left.

  3. #3
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Medicare Actuary Doubts Health Care Law Savings

    Quote Originally Posted by Whovian View Post
    the left won't care. I've posted opinions of former Medicare administrators who said there wont be any savings under Obamacare... the left looks, well... to the left.
    It's not the only issue. Like I keep saying, if cost is your concern, you'd support a single payer system. Right now we pay more for less. Paying more for more is an improvement. Paying less for more would be even better.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  4. #4
    Banned
    Join Date
    Oct 2010
    Location
    dimensionally transcendental
    Last Seen
    08-15-11 @ 04:31 PM
    Gender
    Lean
    Conservative
    Posts
    7,153

    Re: Medicare Actuary Doubts Health Care Law Savings

    Quote Originally Posted by Boo Radley View Post
    It's not the only issue. Like I keep saying, if cost is your concern, you'd support a single payer system. Right now we pay more for less. Paying more for more is an improvement. Paying less for more would be even better.
    Of course it's not the only issue. I was simply stating that the lefties will not care what Medicare Officials have to say if it reflects negatively on Obamacare.

  5. #5
    Sage
    Renae's Avatar
    Join Date
    Aug 2007
    Location
    San Antonio Texas
    Last Seen
    10-23-17 @ 10:14 PM
    Gender
    Lean
    Undisclosed
    Posts
    38,972
    Blog Entries
    15

    Re: Medicare Actuary Doubts Health Care Law Savings

    Quote Originally Posted by Boo Radley View Post
    It's not the only issue. Like I keep saying, if cost is your concern, you'd support a single payer system. Right now we pay more for less. Paying more for more is an improvement. Paying less for more would be even better.
    If quality healthcare is your concern, you'd never support single payer.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



  6. #6
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Medicare Actuary Doubts Health Care Law Savings

    Quote Originally Posted by Whovian View Post
    Of course it's not the only issue. I was simply stating that the lefties will not care what Medicare Officials have to say if it reflects negatively on Obamacare.
    I don't know about lefties or righties. As I understand it many who are for the bill think it didn't go far enough to actually be effective. I'm in that number. That doesn't mean that I think one step is worse than no steps. Ansd while I doubt it will be as effective as the most optomistic think, I do believe that having better access alone makes it worth the effort. now, let's move forward and try to make it even better.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  7. #7
    Sage
    Boo Radley's Avatar
    Join Date
    Dec 2009
    Last Seen
    11-22-17 @ 04:22 PM
    Gender
    Lean
    Liberal
    Posts
    36,858

    Re: Medicare Actuary Doubts Health Care Law Savings

    Quote Originally Posted by MrVicchio View Post
    If quality healthcare is your concern, you'd never support single payer.
    I disagree. I suspect, you have an inaccurate view of a single payer system. The opposition has put a lot misinformation out there. But regardless, a majority in those countries with it really don't want to trade with us. I think there is a reason for that. Those who have access problems here likely understand why.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

  8. #8
    Sage

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

    Re: Medicare Actuary Doubts Health Care Law Savings

    Quote Originally Posted by Boo Radley View Post
    You cannot pay more than you do before reform
    LOL!

    Quote Originally Posted by Boo Radley View Post
    many who are for the bill think it didn't go far enough to actually be effective. I'm in that number
    who cares

  9. #9
    Advisor
    Join Date
    Jan 2010
    Last Seen
    09-03-17 @ 09:46 PM
    Gender
    Lean
    Conservative
    Posts
    314

    Re: Medicare Actuary Doubts Health Care Law Savings

    Quote Originally Posted by Boo Radley View Post
    I don't know about lefties or righties. As I understand it many who are for the bill think it didn't go far enough to actually be effective. I'm in that number. That doesn't mean that I think one step is worse than no steps. Ansd while I doubt it will be as effective as the most optomistic think, I do believe that having better access alone makes it worth the effort. now, let's move forward and try to make it even better.
    Shall we just skip over the 'what does it cost' part again?

  10. #10
    Sage
    whysoserious's Avatar
    Join Date
    Jan 2011
    Location
    Charlotte, NC
    Last Seen
    12-29-16 @ 03:02 PM
    Gender
    Lean
    Liberal
    Posts
    8,170

    Re: Medicare Actuary Doubts Health Care Law Savings

    It won't keep the cost down because it did not address the issues well enough. The issues are lack of effective malpractice legislation, no incentive to keep the population healthy, unpaid medical bills by people who cannot afford it, and unethical insurance practices by both the general population and the insurance companies themselves.

    This bill helps get a lot of people covered, and helps stop insurance companies from denying some coverages, but it does not address the real problems that face our health care industry at all! Oh, and lack of digitalized records is another huge issue.

Page 1 of 3 123 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
  •