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Originally posted by lpowell0627
And the entire premise of the harder you work, the more you earn, completely falls by the wayside when those that don't work are automatically entitled to everything the rest of us worked to get.
Obama took the unusual step of inviting the director of the nonpartisan Congressional Budget Office to the White House Monday to discuss health care costs. Doug Elmendorf made big news — and dealt a major setback to Obama’s push for overhaul — last week when he said that the legislation pending in Congress would not reduce health care costs.
Even pro-health reform Ruth Marcus expresses a health dose of skepticism for the CBO's numbers.
Of the $138 billion saved in the first 10 years, $70 billion represents premiums collected for a new long-term-care program, money the government will have to pay in benefits later. An additional $20 billion in savings comes from changes to the federal student loan program.
And here is the accompanying tablespoon of salt: The CBO is required to assume that Congress will do what it promises. So, for example, Congress promises in the measure to cut several hundred billion dollars in Medicare spending. Sometimes such promises have come to pass. Other times, as in the current difficulty with scheduled cuts in Medicare reimbursements for doctors, they are put off because of a public -- or politically connected -- outcry.
Great idea? You mean you think it's great that once this is passed, the taxing starts now. Of course, your wonderful benefits won't kick in until around 2013, but hey, that's OK, right?
If it passes, we are forever in debt and will be held hostage every year when the democrats want to raise taxes for ANYTHING! (Want a project in your district? Either pay more taxes or lose the MRI machine!) Welcome to hope and change!
Originally posted by Sestias
Massachusetts was, I believe, the first state to institute universal health care. So far I haven't heard very many objections from the natives.
Originally posted by Sestias
For those of you who believe health insurance reform is not legal under the Constitution, consider that many states will follow Mass. If we can't get it done on a federal level there's a very good chance many states will do it individually.
Still trust the CBO isn't getting political influence?
The Massachusetts Health Reform Law of 2006 expanded Medicaid coverage for the poor and made available subsidized, Medicaid-like coverage for additional poor and near-poor residents of the state.
It also mandated that middle-income uninsured people either purchase private health insurance or pay a substantial fine ($1,068 in 2009).
Smaller fines (up to $295 per employee) were also levied on employers who fail to offer insurance benefits.
The reform law has not achieved universal health insurance coverage, although half or more of the previously uninsured now have some type of insurance policy.
The reform has been more expensive than expected, costing $1.1 billion in fiscal 2008 and $1.3 billion in fiscal 2009. In the face of a state budget crisis in fall 2008, Gov. Deval Patrick announced that he will keep the reform afloat by draining money from safety-net providers such
as public hospitals and community clinics.
By mandating that uninsured residents purchase private health insurance, the law reinforced the economic and political power of health insurance firms..
On passage of the reform, then-Gov. Mitt Romney declared “Every uninsured citizen in Massachusetts will soon have affordable health insurance and the costs of health care will be reduced.”1 However, the reform has not reduced health costs in the state, and the reform has
proven far costlier than expected: $1.1 billion 2008, with costs of $1.3 billion forecast for 2009.
The new law mandates that all uninsured adults with incomes greater than 300% of poverty must purchase private insurance or pay a fine. The fine was initially a few hundred dollars, but was $912 in 2008 and will rise to $1,068 in 2009. The fines are collected along with the state income tax, and are, essentially, a new tax on the uninsured.
The state has failed to ensure the availability of comprehensive plans at affordable prices. Despite the merging of the small group and individual insurance markets, which was expected to lower costs in the individual market, premiums continue to be unaffordable for even the least
comprehensive (skimpiest) plans.
The private insurance plans available through the Commonwealth Choice program can be extremely expensive. According to the Connector website (accessed December 29, 2008 at www.mahealthconnector.org) the cheapest plan available to a middle-income 56-year-old now
costs $4,872 annually in premiums alone. However, if the policy holder becomes sick, (s)he must pay an additional $2,000 deductible before insurance kicks in. Thereafter the policy holder pays 20% co-insurance (i.e. 20% of all medical bills) up to a maximum of $3,000 annually
($9,872 in total annual costs including premium, deductible and co-insurance).
Originally posted by David9176
reply to post by Thirty_Foot_Smurf
Still trust the CBO isn't getting political influence?
Was the CBO getting political influence when it was reporting...and still is...HUGE deficits under Obama's budget?????????????????????????????????
State Treasurer Timothy P. Cahill, an independent candidate for governor making a play for fiscally conservative voters, said yesterday that the state’s universal health care law is bankrupting Massachusetts and will do the same nationally if Congress passes a similar plan.
Many policy makers and candidates, including Patrick, have acknowledged that while the state law has succeeded in extending coverage to about 97 percent of residents, it has not lowered insurance premiums, which have continued to rise sharply. But Patrick said yesterday that the treasurer is wrong again to assert that the law, which was signed by Governor Mitt Romney, is sinking the state’s finances.
Cahill said the law is sustained only with millions of dollars in federal aid, which he suggested the Obama administration is funneling to Massachusetts to help the president make the case for a similar plan in Congress.
“The real problem is the sucking sound of money that has been going in to pay for this health care reform,’’ Cahill said. “And I would argue that we’re being propped up so that the federal government and the Obama administration can drive it through’’ Congress.
Originally posted by David9176
reply to post by Lkelly1965
If it passes, we are forever in debt and will be held hostage every year when the democrats want to raise taxes for ANYTHING! (Want a project in your district? Either pay more taxes or lose the MRI machine!) Welcome to hope and change!
How much are your taxes increasing?
Please elaborate. You do realize that health insurance is essentially already a tax on anyone who wants to cover risk for a health problem..and they profit from it.
Originally posted by marg6043
Latest news on Massachussetts health care, as March 17, 2010,
MASSACHUSETTS GOING BANKRUPT OVER HEALTHCARE
State Treasurer Timothy P. Cahill, an independent candidate for governor making a play for fiscally conservative voters, said yesterday that the state’s universal health care law is bankrupting Massachusetts and will do the same nationally if Congress passes a similar plan.
Many policy makers and candidates, including Patrick, have acknowledged that while the state law has succeeded in extending coverage to about 97 percent of residents, it has not lowered insurance premiums, which have continued to rise sharply. But Patrick said yesterday that the treasurer is wrong again to assert that the law, which was signed by Governor Mitt Romney, is sinking the state’s finances.
Cahill said the law is sustained only with millions of dollars in federal aid, which he suggested the Obama administration is funneling to Massachusetts to help the president make the case for a similar plan in Congress.
“The real problem is the sucking sound of money that has been going in to pay for this health care reform,’’ Cahill said. “And I would argue that we’re being propped up so that the federal government and the Obama administration can drive it through’’ Congress.
www.sodahead.com...
Use enough question marks there spaz?
Originally posted by Thirty_Foot_Smurf
So true so true. All one has to do is look at the blue states and their decades long socialist agendas and they can see that this great social justice experiment has been tried and is an abject failure. Their hubris prevents them from admitting that they are all wrong.
Originally posted by marg6043
Latest news on Massachussetts health care, as March 17, 2010,
MASSACHUSETTS GOING BANKRUPT OVER HEALTHCARE
State Treasurer Timothy P. Cahill, an independent candidate for governor making a play for fiscally conservative voters, said yesterday that the state’s universal health care law is bankrupting Massachusetts and will do the same nationally if Congress passes a similar plan.
Many policy makers and candidates, including Patrick, have acknowledged that while the state law has succeeded in extending coverage to about 97 percent of residents, it has not lowered insurance premiums, which have continued to rise sharply. But Patrick said yesterday that the treasurer is wrong again to assert that the law, which was signed by Governor Mitt Romney, is sinking the state’s finances.
Cahill said the law is sustained only with millions of dollars in federal aid, which he suggested the Obama administration is funneling to Massachusetts to help the president make the case for a similar plan in Congress.
“The real problem is the sucking sound of money that has been going in to pay for this health care reform,’’ Cahill said. “And I would argue that we’re being propped up so that the federal government and the Obama administration can drive it through’’ Congress.
www.sodahead.com...
so???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? ?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????? ??????????
But a measured man would say the same to trickle down economics, free trade, multinational mergers and Billionaire tax breaks = less wages - worse jobs - greater deficits and destruction of the middle class.