A kerfuffle was stirred up last week by a devastating McKinsey & Company study that concluded up to 78 million Americans would lose their current health coverage as employers stopped offering insurance because of President Obama's Patient Protection and Affordable Care Act.
The report contradicted Mr. Obama's frequent pledge that under his reform, "if you like your health-care plan, you can keep your health-care plan." And McKinsey's was at least the fourth such analysis calling the president's promise into question.
But what if more people are dumped into the exchange than originally estimated? Costs from the increased subsidies will explode. If Mr. Holtz-Eakin is correct that there will be 11 million more people in the exchange, then costs could be nearly 40% higher than the $511 billion price tag. If between 78 million and 87 million people are moved into the exchange, the tab could more than triple. And if NCPA's upper-range estimate is right and 117 million people were dumped into the exchange, ObamaCare would cost nearly $2 trillion more than expected in the first decade alone. Much of this extra expense would come from workers losing their employer-sponsored insurance.
Ya LJ, the people you trust so much in Washington have the health care problem all figured out. Just sit back and trust them to make it right, no need to make sure it actually IS right.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
You anti profit liberals crack me up as you all go to work for your for-profit companies then whine when some other big bad company makes a profit. Have you ever wondered what our medical technology would look like if it was all government controlled from the beginning and there was no profit incentive?
There are probably thousands of different ways we could get health care to people who can't afford it without handing it all over to the government (an inexperienced government at that). To just blindly trust a government with our health care that has failed almost every program ever invented is insanity imo.
The left is angry because they are now being judged by the content of their character and not by the color of their skin.
LadyJazzer wrote: Yeah, I'll trust them a LOT more than I trust a for-profit corporatocracy that's interested in profits over people...ANY TIME.
That makes you one of the 22% that do.
WASHINGTON — America's "Great Compromiser" Henry Clay called government "the great trust," but most Americans today have little faith in Washington's ability to deal with the nation's problems.
Public confidence in government is at one of the lowest points in a half century, according to a survey from the Pew Research Center. Nearly 8 in 10 Americans say they don't trust the federal government and have little faith it can solve America's ills, the survey found."
No, let's have some minimum-wage grunt who works for the insurance company in the "Claims Denial Dept" making the decision of what your doctor is allowed to do. You have death-panels already... They're run by the insurance companies.
The "government" is not in the decision-making business now... Ask any senior who is on Medicare how they like it, and how much government-intervention there is in their doctor's treatment...
But it sounds good to be "scared of something that doesn't exist", doesn't it...