Saturday, December 12, 2009

More confirmation: Health care "reform" will cost more, reduce services

So says, "unofficially" of course, the Obama Administration itself, from analysts at the Department of Health and Human Services.


"A new report from government economic analysts at the Health and Human Services Department found that the nation's $2.5 trillion annual health care tab won't shrink under the Democratic blueprint that senators are debating. Instead, it would grow somewhat more rapidly than if Congress does nothing.

More troubling was the report's assessment that the Democrats' plan to squeeze Medicare for $493 billion over 10 years in savings relies on specific policy changes that 'may be unrealistic' and could lead to cuts in services. The Medicare savings are expected to cover about half the nearly $1 trillion, 10-year cost of expanding coverage to the uninsured.

In still more bad news, the report starkly warned that a new long-term care insurance plan included in the legislation could 'face a significant risk of failure' because it would attract people in poor health, leading to higher and higher premiums, and eventually triggering an 'insurance death spiral.' "
The Dem/Lefty/"Progressive" reaction?

"Sen. Chris Dodd, D-Conn., brushed that aside, pointing to an analysis by the Congressional Budget Office that found the program would be solvent for 75 years."
Here's a question for you.

Who would you expect to have the more reliable assessment?

CBO, whose people have no particular real world operating experience in this field?

Or the HHS actuaries, who know all the ins and outs of how these things work in reality?

These "reform" rocket scientist cheerleaders are so heavily invested in their monstrous creation that the fail to see the death spiral they've created for their worldview and its agenda.

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