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HailGreen28 06-30-2012, 09:50 AM The full law doesn't go into effect until 2014, when the exchanges are up and running. What analysis could possibly capture it's effect on healthcare inflation and spending? We still don't know the number of people that will join the pool.Are there any estimates that costs and spending don't rise in the next few years?
Slingin Sammy 33 06-30-2012, 07:28 PM [quote=Slingin Sammy 33;923225]
Sorry Sammy but this ,this is the bullshit that the GOP throws out there to scare everybody over the arge of 70..and it just ain't true.Rationing happens in other countries with socialized medicine, why won't it happen here?
What CNN Didn't Ask About Canada Health Care Rationing | NewsBusters.org (http://newsbusters.org/blogs/mike-sargent/2009/07/06/what-cnn-didnt-ask-about-canada-health-care-rationing)
Canada's ObamaCare Precedent - WSJ.com (http://online.wsj.com/article/SB124451570546396929.html)
Even the Physicians for National Health agree their will be rationing. Check out the FAQ question on "will there be rationing".
Single-Payer FAQ | Physicians for a National Health Program (http://www.pnhp.org/facts/single-payer-faq#rationing)
It's common knowledge that UK and Canada for example set an amount the gov't will pay for healthcare, then it works to stay within that amount....how can rationing not happen in that environment?
Slingin Sammy 33 06-30-2012, 07:29 PM One would hope that we are doing things differently than Hoover.haha, agree.
Slingin Sammy 33 06-30-2012, 07:40 PM SS33, you sources about the costs are off, my man. The CBO this Spring projected the law would cut the deficit by $50 Billion more than they originally thought. I would suggest you take a gander at the real numbers.
http://www.cbo.gov/sites/default/files/cbofiles/attachments/03-13-Coverage%20Estimates.pdf
Ezra Klein gives a good breakdown of the numbers here.
CBO: Health reform to cut deficit by $50 billion more than we thought - The Washington Post (http://www.washingtonpost.com/blogs/ezra-klein/post/cbo-health-reform-to-cut-deficit-by-50-billion-more-than-we-thought/2011/08/25/gIQAXgPSES_blog.html)
Also, you say that $500B in new taxes on ALL Americans. Well that's not true either. Without even breaking out the calculator the law doesn't affect ALL Americans, so how could it jack up taxes on ALL Americans?
You make no mention of these benefits, some of which have kicked in now. Some later when the law fully kicks in 2014.
No mention of $800 billion tax credits for lower income families.
Insurance companies can't drop you because of pre-existing condition.
No mention of closing the Medicare doughnut hole for seniorsYou are absolutely correct, after reading your link my numbers were off. I stated $ 700B added to the defecit....and per the CBO estimate the number is over $ 1T. My bad.
12thMan 06-30-2012, 08:46 PM You're still kinda missing the point or you didn't read it. The legislation is projected to pay for itself or come close. If you only take into consideration outlays and spending and don't factor in revenue and savings well, of course, it appears to explode the deficit.
It doesn’t include the Medicare cuts, or many of the tax increases, that pay for the legislation. “CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 2012–2021 period; that estimate of the overall budgetary impact of the ACA has not been updated.”
The bottom line is this, CBO will roll out more concrete deficit reduction numbers at some point in the future. I imagine more than once. Each year a new projection is done the legislation tends to cost a little more...and save more.
12thMan 06-30-2012, 08:55 PM One more thing SS33, your $700B estimate is looking at a different time frame when the law was originally passed. The first two years of it didn't cost much because there wasn't much implementation. The new estimates cover 2011-2012.
On a side note every year it costs more to repeal the law, which explodes the deficit. CBO says repeal would costs $230 billion. Basically Republicans are full of shit when they say repeal and replace.
saden1 06-30-2012, 11:57 PM Its really comical to hear the GOP talk about how they will cut taxes, increase defense spending, increase Medicare/Medicaid spending and reduce the deficit. If they can do that and get a better cbo score I will be the first to vote republican every election.
Giantone 07-01-2012, 03:48 AM [quote=Giantone;923279]Rationing happens in other countries with socialized medicine, why won't it happen here?
What CNN Didn't Ask About Canada Health Care Rationing | NewsBusters.org (http://newsbusters.org/blogs/mike-sargent/2009/07/06/what-cnn-didnt-ask-about-canada-health-care-rationing)
Canada's ObamaCare Precedent - WSJ.com (http://online.wsj.com/article/SB124451570546396929.html)
Even the Physicians for National Health agree their will be rationing. Check out the FAQ question on "will there be rationing".
Single-Payer FAQ | Physicians for a National Health Program (http://www.pnhp.org/facts/single-payer-faq#rationing)
It's common knowledge that UK and Canada for example set an amount the gov't will pay for healthcare, then it works to stay within that amount....how can rationing not happen in that environment?
Doctors will still be making money,very,very ,very good money.Sammy CNN,really,I would'nt quote them from now on...according to them the healthcare Law was shot down!Remeber this is still a matter of choice and you can get whatever it is you need done wherever you want it done,you keep saying the UK and Canada........well we ain't them.
Giantone 07-01-2012, 03:50 AM One more thing SS33, your $700B estimate is looking at a different time frame when the law was originally passed. The first two years of it didn't cost much because there wasn't much implementation. The new estimates cover 2011-2012.
On a side note every year it costs more to repeal the law, which explodes the deficit. CBO says repeal would costs $230 billion. Basically Republicans are full of shit when they say repeal and replace.
.........this.
firstdown 07-03-2012, 09:12 AM You're still kinda missing the point or you didn't read it. The legislation is projected to pay for itself or come close. If you only take into consideration outlays and spending and don't factor in revenue and savings well, of course, it appears to explode the deficit.
It doesn’t include the Medicare cuts, or many of the tax increases, that pay for the legislation. “CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 2012–2021 period; that estimate of the overall budgetary impact of the ACA has not been updated.”
The bottom line is this, CBO will roll out more concrete deficit reduction numbers at some point in the future. I imagine more than once. Each year a new projection is done the legislation tends to cost a little more...and save more.
Yea right, please name a major federal program that has not run way over its projected cost when it became law.
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