CBO: Health care reform saves money

[Mindcrime]

The Congressional Budget Office released an analysis yesterday of the Affordable Care Act saying that the House repeal bill would actually increase the deficit by $109 billion and, as a result of the Supreme Court decision, overall spending by the federal government is going to be less because states can opt out of the Medicaid expansion.

The CBO warned that if the ACA bill is repeal the deficit will go up, since the ACA is fully funded. At the same time, it estimates that 3 million fewer people will gain coverage due to states opting out of the Medicaid expansion, resulting in $84 billion less in federal spending.

Source (http://www.examiner.com/article/cbo-health-care-reform-saves-money)Well, the TeaPublicans should be happy about the fewer covered Americans, but the lower cost must really twist their knickers.

[wnyerlaughs]

The lower cost is a MARGINALLY lower cost and you know exaclty why. however, that's like saying the water wasn't TOO cold for survivors when Titanic sunk. They died from exposure, the same way net taxpayers will be mortally wounded by the staggering costs of obamacare.

HEy MC, have yo yet been to a federal heatlh center? You can find them in your area. They are primary care offices that look like the DMV when you walk in, and the serviec is prioritized like in Emergency Rooms. Patients are not seen, they are PROCESSED. Try it sometime. I'll bet good money you've never even seen one: that is the future with obamacare.

LOLOL. by the way, seriously, how much do they pay you to wake up each morning and post the pre-approved propaganda?

[Mindcrime]

Still waiting on your check, Mr Rmoney.

[leftWNYbecauseofBS]

Why do so many people put stock in the CBO? I understand they are Nonpartisan but nobody ever seems to look at their accuracy.

http://media.reason.com/mc/psuderman/2010_08/actual_versus_cbo_2000-2009.png?h=320&w=450



The discrepancy here does not prove that the CBO is wrong or bad at making these kinds of predictions. It just shows that they don't know what Congress is going to do over the course of the decade. For one thing, the outlays estimates assume that discretionary spending will grow at the rate of inflation, which they obviously did not.
But more important, the CBO in 2000 did not know that we were going to invade and occupy two foreign countries. They did not know two major tax cuts representing trillions in lost revenue would be passed. They did not know Medicare would start covering prescription drugs.

[ILOVEDNY]

The name in itself is a joke.
Affordable?

OOPSY! POST-OBAMACARE HEALTH INSURANCE PREMIUMS RISE DRAMATICALLY: John Merline over at Investor’s Business Daily reports that the new Kaiser Family Foundation employee benefits survey reveals that employer-based health insurance premiums have risen a whopping 9.5% in 2011 and another 4.5% so far in 2012, due in large part to the insurance “reforms” of Obamacare such as mandatory coverage of kids to age 26, mandatory loss ratios of 85%+, mandatory free preventive care, etc. So much for President Obama’s pledge to cut health insurance premiums by $2,500 in his first term.

Even worse news? Premium increases will skyrocket in 2014, when the (most expensive) remainder of Obamacare health insurance “reforms” kick in, including the mandate to buy health insurance, elimination of annual and lifetime coverage caps, mandatory community rating bands and prohibition of the use of pre-existing conditions for underwriting.
http://pjmedia.com/instapundit/151575/
As rates go up.
OweBowMao is fast to tell people "Yes, but your health care is now more comprehensive, thanks to me, thanks to ObamaCare insisting that all policies pay for these extras."

One of the reasons he claims insurance is so expensive is over-utilization.
People getting unnecessary tests.
Limb-hunting doctors performing unnecessary amputations.

Over-utilization is something that happens when a good or service is free.
The usual discipline that cost imposes is removed.

He's removed the discipline of cost from a large number of transactions.
For example.
Once upon a time in America, women (and men) used to go to Wal*Mart and pay $6 for their month's supply of contraception.

Not any longer.
Now it's all free.

And that same principle applies to all of the mandates he's imposed on insurance.
How is making everything free supposed to reduce over-utilization?
No one knows.

And no one in the media asks.

And the ever shrinking Net Taxpayer gets boned at both ends.