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Thread: Republican Attacks FISHY White House Request

  1. #81
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    Re: Republican Attacks FISHY White House Request

    Associated Press account of Waxman/Rangel

    The Associated Press: A look at health care plans in Congress

    A look at the House Democratic bill:

    WHO'S COVERED: Around 94 percent of non-elderly residents (those not covered by Medicare, which kicks in at age 65) would be covered compared with 81 percent today. Nearly half of the 17 million non-elderly residents who remain uninsured would be illegal immigrants.

    COST: About $1.5 trillion over 10 years.

    HOW IT'S PAID FOR: Revenue-raisers include: $544 billion over the next decade from new income taxes on single people making more than $280,000 a year and couples making more than $350,000; $37 billion in business tax increases. About $500 billion in cuts to Medicare and Medicaid. About $200 billion from penalties paid by individuals and employers who don't obtain coverage.

    REQUIREMENTS FOR INDIVIDUALS: Individuals must have insurance, enforced through tax penalty with hardship waivers. The penalty is 2.5 percent of income.

    REQUIREMENTS FOR EMPLOYERS: Employers must provide insurance to their employees or pay a penalty of 8 percent of payroll. Companies with payroll under $250,000 annually are exempt.

    Employers could apply for a two-year exemption from the mandate if they can prove the requirements would result in job losses that would negatively impact their communities.

    SUBSIDIES: Individuals and families with annual income up to 400 percent of poverty level ($88,000 for a family of four) would get sliding-scale subsidies to help them buy coverage. The subsidies would begin in 2013.

    HOW YOU CHOOSE YOUR HEALTH INSURANCE: Through a new Health Insurance Exchange open to individuals and, initially, small employers; it could be expanded to large employers over time. States could opt to operate their own exchanges in place of the national exchange if they follow federal rules.

    BENEFIT PACKAGE: A committee would recommend an "essential benefits package" including preventive services, mental health services, oral heath and vision for children; out-of pocket costs would be capped. The new benefit package would be the basic benefit package offered in the exchange and over time would become the minimum quality standard for employer plans. Insurers wouldn't be able to deny coverage based on pre-existing conditions.

    GOVERNMENT-RUN PLAN: A new public plan available through the insurance exchanges would be set up and run by the secretary of Health and Human Services. On average it would pay Medicare rates plus 5 percent to doctors.

    CHANGES TO MEDICAID: The federal-state insurance program for the poor would be expanded starting in 2013 to cover all non-elderly individuals with incomes up to 133 percent of the federal poverty level ($14,404).

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    Re: Republican Attacks FISHY White House Request

    Quote Originally Posted by celticlord View Post
    The verdict of the CBO--we can't afford GovernmentCare.
    Have a link where the CBO reports that we can't afford ANY type of government care?...No matter how the legislation is worded???...& considering we already have
    govrnment care in the form of Medicare & Medicaid.

  3. #83
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    Re: Republican Attacks FISHY White House Request

    From ABC

    CBO/Elmendorf's CRITICAL testimony before Baucus' GATEWAY committee (Senate Finance), July 16, elicited by questioning from Kent Conrad (hardly a Mitch McConnell), the single most important day/moment so far in the young Obama presidency, the very instant when CBO testified that the COST CURVE under Waxman/Rangel, rather than reversing its trajectory as required to justify/rationalize Obama's most basic ambitions instead rather steepens its assent SIGNIFICANTLY

    emphases and underscores mine

    CBO Sees No Net Federal Cost Savings in Dem Health Plans - The Note

    Here's a blow to President Obama and Democrats pressing health care reform.

    One of the main arguments made by the President and others for investing in health reform now is that it will save the federal government money in the long run by containing costs.

    Turns out that may not be the case, according to Doug Elmendorf, director of the nonpartisan Congressional Budget Office.

    Answering questions from Democrat Kent Conrad of North Dakota at a hearing of the Senate Budget Committee today, Elmendorf said CBO does not see health care cost savings in either of the partisan Democratic bills currently in Congress.

    Conrad: Dr. Elmendorf, I am going to really put you on the spot because we are in the middle of this health care debate, but it is critically important that we get this right. Everyone has said, virtually everyone, that bending the cost curve over time is critically important and one of the key goals of this entire effort. From what you have seen from the products of the committees that have reported, do you see a successful effort being mounted to bend the long-term cost curve?

    Elmendorf: No, Mr. Chairman. In the legislation that has been reported we do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount. And on the contrary, the legislation significantly expands the federal responsibility for health care costs.

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    Re: Republican Attacks FISHY White House Request

    heller amendment voted down in ways and means (rangel), ensuring that millions of illegals be covered by the house plan's expanded insurance (july 17)

    Newsmax.com - Obama Health Plan to Cover 12 Million Illegals

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    Re: Republican Attacks FISHY White House Request

    obama admits he's not familiar with house bill (waxman/rangel), july 22

    Newsvine - Obama "Not Familiar" With Key Provision In Health Care Bill

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    Re: Republican Attacks FISHY White House Request

    john kerry's proposal to tax benefits (the mccain plan)

    A 'Cadillac' health tax could affect companies that self-insure - Yahoo! News

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    Re: Republican Attacks FISHY White House Request

    obama in his own words admits his long term goal is complete nationalization

    Breitbart.tv Uncovered Video: Obama Explains How His Health Care Plan Will ‘Eliminate’ Private Insurance

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    Re: Republican Attacks FISHY White House Request


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    Re: Republican Attacks FISHY White House Request


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    Re: Republican Attacks FISHY White House Request

    Quote Originally Posted by Devil505 View Post
    All lies & misinformation put out by the insurance companies & the GOP.
    your thinking is immature, you are not serious

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