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Health care costs are currently a troubling burden on families and businesses. Yet without reform, this burden will increase dramatically. The Congressional Budget Office projects that the cost of a family premium under employer-provided health insurance will increase by approximately 70 percent (after inflation) in the next nine years. This cost growth will have cascading effects across the economy as businesses trim benefits and workers lose their coverage.
According to researchers at Harvard University, a 20-percent increase in premiums costs 3.5 million workers their jobs, causes millions more to move from full-time to part-time work, and cuts the average income by approximately $1,700. CBO predicts that this 20- percent increase will occur over the next four years.
America Without Health Care Reform
Well since nothing in this bill lowers premium costs I guess the answer is just throw more money at the problem. This bill spends trillions on top of what we are spending for Medicare and Medicaid now. There is no evidence that this bill will cut costs and in fact history shows it increases costs. Your blind faith is allowing the govt. to write checks it cannot cover without borrowing or printing money all because it makes you feel good.