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CBO: Republican Healthcare Plan A Death Sentence

 
 
Reply Wed 24 May, 2017 11:16 pm
CBO: Republican Healthcare Plan A Death Sentence
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Type: Discussion • Score: 4 • Views: 784 • Replies: 6

 
glitterbag
 
  4  
Reply Wed 24 May, 2017 11:19 pm
@Real Music,
Well, who wants to live forever? Who cares if you get sick and bankrupt your family?
0 Replies
 
camlok
 
  1  
Reply Fri 26 May, 2017 02:57 pm
@Real Music,
Speaking of 'death'. Is that death warmed over in the video screen?
0 Replies
 
Brandon9000
 
  0  
Reply Sat 27 May, 2017 03:15 am
Naturally, Republicans want everyone to die, particularly the poor and sick.
0 Replies
 
Baldimo
 
  -1  
Reply Tue 30 May, 2017 03:32 pm
@Real Music,
The problem with this video is that he lies from the start and doesn't even give an honest assessment of what the CBO said. Keep pushing the lie about 14 million, I mean 24 million people loosing their insurance. Keep pushing the fake and worthless ACA insurance pools instead of common sense ones. All the DNC wants is to rob the young to pay for the old. Bring back real insurance pools and the system will adjust to a real world situation.
Real Music
 
  1  
Reply Tue 30 May, 2017 06:36 pm
@Baldimo,
https://www.healthinsurance.org/blog/2014/10/25/the-good-old-days-before-obamacare/
Quote:
We Americans have short-term memory when it comes to health care. Either that or far too many of us have bought – hook, line and sinker – the false accusations and unfounded predictions about Obamacare we’ve been subjected to over the past five years.

Little wonder when you consider, as I wrote recently, that $418 million has been spent demonizing the law, while a small fraction of that has been spent explaining it and telling people how it can – and does – benefit them.

We weren’t always so negative about reform.

82% wanted the system overhauled

In August 2008, about six months before debate began in Washington on what would become the Affordable Care Act, 82 percent of Americans were so dissatisfied with the U.S. health care system they wanted it overhauled, according to The Commonwealth Fund, which commissioned the poll.

We were worried not only about how we personally were being affected by the inefficiency and high cost of our uniquely American health care system, we were worried about how our country as a whole was being affected.

And for good reason.

50 million were uninsured

The cost of health care – and health insurance – was rising so fast that ever-growing numbers of us were winding up in the ranks of the uninsured. Fifty million – one out of every six of us – were uninsured when the Affordable Care Act was signed into law in 2010. That number was projected to grow by several million more over the coming decade if Congress didn’t pass reform legislation.

The main reason so many of us were uninsured in 2010 was that health insurance had simply become a budget-buster for many American families. The cost of employer-sponsored family coverage reached $13,375 in 2009, an increase of 131 percent in ten years, according to the Kaiser Family Foundation.

The growing number of uninsured people was not just a costly inconvenience for those most directly affected. When an uninsured person seeks care in a hospital emergency room and can’t pay the bill, it results in cost shifting. Health insurance premiums are an estimated $1,000 higher than they would be if not for this cost shifting.

Economy was burdened by health care expenses

Our pre-reform health care system was also hurting our global competitiveness.

For years we have been spending far more for health care – on both a per capita basis and as a percent of Gross Domestic Product, than any other country. The amount we spend per person in the U.S. – $8,745, according to the Organization for Economic Co-operation and Development (OECD) – is at least $4,000 more than the per-capita expenditures in countries that are our global economic competitors, including Australia, Canada, France, Germany, Japan and the United Kingdom.

And almost 18 percent of our GDP is consumed by health care expenses, compared to 9.1 percent in Australia, 10.9 percent in Canada, 11.7 percent in France, 11.3 percent in Germany, 10.1 percent in Japan and 9.4 percent in the U.K.

Domestic spending drained

By spending so much on health care, we have less to spend on things like education, our transportation system and other infrastructure needs. Conversely, other countries can spend more in those areas, giving them a global competitive advantage.

While the percentage of GDP we devoted to health care kept going up year after year, some countries were actually able to take their health care spending in the other direction. Canada, Germany and the U.K. all reduced their GDP spend on health care between 2009 and 2012, while ours went from 17.7 percent to 17.9 percent.

As if that weren’t bad enough, we have continued to trail those and other countries in health care outcome measures, from infant mortality to life expectancy. In other words, the world’s other developed countries spend far less on health care yet have better health outcomes.

Hundreds of thousands were caught in job lock

Our pre-reform system was also hindering our entrepreneurialism. That’s because hundreds of thousands if not millions of our best and brightest were victims of job lock, afraid to leave their corporate jobs to start their own businesses because doing so would usually mean walking away from affordable health insurance. And in a system in which insurance companies could refuse to sell you coverage if you had a pre-existing condition, many would-be entrepreneurs gave up their dreams of starting their own businesses.

Are things really worse now because of Obamacare?

All of this is beginning to change. Health care inflation has started to slow, in large part because of provisions of the Affordable Care Act. For example, the law is saving the Medicare program billions of dollars by reducing the overpayments the government had been making for years to private insurance companies to encourage them to participate in the Medicare Advantage program.

The number of uninsured Americans is expected to fall to 42 million by the end of this year, thanks to the Affordable Car Act. In two years, the Congressional Budget Office projects it will have fallen to 30 million. That’s still far too high – especially when you consider that the other developed countries were able to achieve universal coverage years ago – but without the Affordable Care Act, the number of uninsured Americans would have risen to 57 million by 2022.

Not hardly.

And despite what you probably have heard from some politicians and media pundits, the CBO says Obamacare will actually reduce the federal deficit in the coming years. That means that the federal government will be spending less on health care in the future than it would have spend if the law had not been enacted.

Yes, the feds are spending more to bring more people into coverage through the expansion of Medicaid and by providing subsidies to people who otherwise couldn’t afford insurance, those costs will be more than offset by budget savings in Medicare, Medicaid and other programs and by revenues from taxes and fees on some insurance plans, medical device manufacturers and some high income Medicare-eligible earners.

Bottom line: our country will be healthier in the coming years in a number of ways – including fiscally – thanks to the Affordable Care Act.
0 Replies
 
Real Music
 
  1  
Reply Tue 30 May, 2017 09:58 pm
Important that people understand the different acronyms for the different health care laws and legislation proposals.

ACA
(Affordable Care Act)
Also known as Obamacare

AHCA
(American Health Care Act)
Also known as Trumpcare

When reading the link above in my previous post, it's important that everyone knows there are two different acronyms for two different health care laws and proposals. I believe that Trumpcare would be a total disaster if it were to ever become law. Obamacare needs some tweaking, but it clearly is much better than Trumpcare.
0 Replies
 
 

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