September 09, 2010
— Geoff The Office of the Actuary of the Centers for Medicare and Medicaid Services just came out with their latest projection of National Health Expenditures. Since they also made a pre-Obamacare projection last February, we can easily find the cost savings of Obamacare. And here you have it:

If it seems to you that Obamacare actually costs more than our old unacceptably costly system, then you're obviously a racist.
"But Hey!" the liberal set opines, "at least Obamacare is insuring millions more people, so we're getting more for our money!!"
Har. Looking through their report you'll find that they have once again assumed that doctor's Medicare fees will be cut by 23% after 2010. You also find that while Medicaid enrollment in 2019 is supposed to go up by 1/3 as a result of the new policies, they only allow for a 10% increase in cost. And I particularly like their brave estimates of the Exchange plan costs, when those costs have never been priced out by the insurance companies that will underwrite it. Until they are actually priced, they serve as a great source of imaginary cost savings.
So our stalwart leader has done it once again. Having raged about the necessity of bending the cost curve, he has indeed bent it. Up. And as the years go by, I think we'll find that the CMS's cost projections were wildly optimistic.
Posted by: Geoff at
05:09 AM
| Comments (66)
Post contains 247 words, total size 2 kb.
Posted by: Bevel Lemelisk at September 09, 2010 05:12 AM (FkKjr)
Posted by: Phil at September 09, 2010 05:13 AM (0R8lo)
Posted by: Inigo Montoya at September 09, 2010 05:15 AM (oIp16)
Posted by: EC at September 09, 2010 05:15 AM (mAhn3)
Posted by: Carin at September 09, 2010 05:17 AM (aw0SG)
BWAHAHAHAHAHAHAHAHA!!!
That'll happen. Evey time the gubmint threatens to ratchet down reimbursement to physicians, they back down. 23%, many docs already aren't taking Medicare. They expect their patients to pay up front then submit the forms themselves to get reimbursed. How's granny going to like to find out that her portion just went up 23%?
This is such a win for the stupid party. Repeal and if Ogabe vetoes them, defund.
Say it with me "repeal or defund!"
Posted by: Hedgehog at September 09, 2010 05:18 AM (oQIfB)
Cheap too.
Posted by: Fritz at September 09, 2010 05:18 AM (GwPRU)
Posted by: Carin at September 09, 2010 05:19 AM (aw0SG)
many docs already aren't taking Medicare.
Yeah - I was shopping around for my Mom, trying to replace the loser she has now. Couldn't find anybody convenient who would take new Medicare patients, so she's stuck with Dr. Lame.
Posted by: geoff at September 09, 2010 05:20 AM (clc+K)
Posted by: Carin at September 09, 2010 05:20 AM (aw0SG)
Posted by: DarkLordOfTheIntarWebs at September 09, 2010 05:22 AM (IkEhE)
link
wow the green party candidate has 9%....making them 50+ days before the election viable
Posted by: curious at September 09, 2010 05:22 AM (p302b)
Posted by: robtr at September 09, 2010 05:22 AM (fwSHf)
we hired a kid at our business, he's on his parents insurance, he declined our insurance....this is a quote from letter we received from blue cross...
"Please inform your employee that he cannot decline 100% employer paid medical insurance unless he submits a proof of coverage from other goup policy."
Posted by: phoenixgirl at September 09, 2010 05:27 AM (JeQ5T)
And now I cannot help, but wait and watch in morbid fascination as Jimi, once again, suffocates on his own vomit.
Posted by: Fritz at September 09, 2010 05:29 AM (GwPRU)
Posted by: Captain Hate at September 09, 2010 05:29 AM (aIWP/)
Posted by: befuddled at September 09, 2010 05:31 AM (xJU23)
Posted by: the potus at September 09, 2010 05:32 AM (JeQ5T)
Posted by: AnonymousDrivel at September 09, 2010 05:33 AM (swuwV)
Posted by: HH at September 09, 2010 05:34 AM (6oDXl)
"brave" is so the best word....
Posted by: curious at September 09, 2010 05:35 AM (p302b)
Death is very cost effective and Obamacare promotes it handily.
Posted by: Nighhawk at September 09, 2010 05:36 AM (OtQXp)
Related (via insty) Why Obama is Full of Shit.
Obama: Stirring the class warfare pot & pitting American against American... with lies, since 2008.
Posted by: Lemon Kitten at September 09, 2010 05:36 AM (0fzsA)
*Smart Republicans will work for us this time, and repeal PelosiCare.
*smart republicans - *giggle*
Posted by: Lemon Kitten at September 09, 2010 05:37 AM (0fzsA)
So I was sitting in a meeting yesterday dealing with benefits, specifically health insurance benefits, for a group of (mostly) union represented employees. So of course this is a group that is slightly to uber hard left. The wonder on their faces as they had to report that "ObamaCare" is dramatically increasing their costs, well it was just priceless. And they are calling it "ObamaCare" too.
They reported they are using "conservative" (I'm sure they almost choked on that word) cost estimates of premium increases of a minimum of 10% per year until 2014. Then "ObamaCare" is fully implemented and they were afraid to estimate any further.
They are very confused, they were promised unicorns and rainbows but all they are getting is a good old pocket picking. Haha.....
Posted by: Boots at September 09, 2010 05:39 AM (06JTY)
The major Affordable Care Act health insurance expansions are set to occur in 2014. They are anticipated to bring about substantial increases in health care coverage. Medicaid coverage will be expanded to all people under age sixty-five in households with incomes up to 138 percent of the federal poverty level. State-level health insurance exchanges will be established to facilitate a new individual and small-group insurance marketplace. Largely as a result of these coverage expansions, growth in national health spending is projected to be 9.2 percent in 2014, versus growth of 6.6 percent in 2014 that was expected prior to the enactment of health reform legislation.
Oops.....
Posted by: Laurie David's Cervix at September 09, 2010 05:40 AM (jBIxz)
looks like this graph....
everyday I look "the mood" is getting worse
It feels like America is PMSing 24/7 and there are no chocolate bars in the frig...
Posted by: curious at September 09, 2010 05:40 AM (p302b)
Posted by: Soap MacTavish at September 09, 2010 05:41 AM (554T5)
Posted by: Chauffeur Obama at September 09, 2010 05:42 AM (swuwV)
@11 " ...23%, many docs already aren't taking Medicare..."
That can only get WAY worse as the Boomers all start turning 65 and that happens right now. Two guesses as to Barry's next move...? Hint: all doctors and health plans mandated to take seniors by Congressional Act. Guess what happens to everyone else's health insurance cost? anyone...? anyone...? Bueller...? Bueller!?!
The Healthcare Reform Bill acted stupidly.
Posted by: chuck in st paul at September 09, 2010 05:43 AM (adr25)
Posted by: The Doctors According To Barack at September 09, 2010 05:47 AM (swuwV)
So, this report still uses the -- shall we say optimistic -- forecast employment and economic growth numbers from last winter.
This taint even close to right.
Posted by: Laurie David's Cervix at September 09, 2010 05:49 AM (jBIxz)
"Please inform your employee that he cannot decline 100% employer paid medical insurance unless he submits a proof of coverage from other goup policy."
He has to take their medical insurance, even though he said no, if he doesn't have proof of coverage elsewhere?
When did Pelosi get on the board of Blue Cross?
Posted by: Red Rocks Rockin' at September 09, 2010 05:51 AM (/Pw+r)
Aside from that Mrs Lincoln, how did you like the play?
Posted by: Laurie David's Cervix at September 09, 2010 05:51 AM (jBIxz)
They reported they are using "conservative" (I'm sure they almost choked on that word) cost estimates of premium increases of a minimum of 10% per year until 2014. Then "ObamaCare" is fully implemented and they were afraid to estimate any further.
They are very confused, they were promised unicorns and rainbows but all they are getting is a good old pocket picking. Haha.....
That's the beautiful thing about math--it doesn't give a rat's ass about "fairness" or "social justice."
Posted by: Red Rocks Rockin' at September 09, 2010 05:54 AM (/Pw+r)
Posted by: Democrats at September 09, 2010 05:55 AM (swuwV)
Posted by: Jess at September 09, 2010 05:55 AM (xvvVt)
17 "Illinois Senate: Kirk (R) 41%, Giannoulias (D) 37%, Jones (G) 9%"
wow the green party candidate has 9%....making them 50+ days before the election viable
For those who live in a red state, you would be amazed at just how blue it is in Illinois. The political weight of the state is Chicago and its seven collar counties, more than half the population of the state lives there. The rest of the state trends more conservative, but it's alot easier to organize & gotv in a densely populated area.
The fact that Kirk is picking up momemtum now is good news, despite all the talk of his squishiness. Giannoulias would be a disaster, the country does not need an "allegedly" mob-connected US Senator.
The Green Party candidate, Jones, is an African American journalist. Lefties who want to vote Dem might be going to Jones simply because the mob influence on Giannoulias is worrisome. Vote Jones and you keep your lefties/commie/dem cred intact.
Posted by: Boots at September 09, 2010 05:58 AM (06JTY)
Hey, it's just money. Don't sweat it....
Posted by: Laurie David's Cervix at September 09, 2010 06:01 AM (jBIxz)
[15] In practice, it is highly unlikely that Congress will allow this cut to become effective, as other such reductions have been avoided since 2002.
Ah footnotes, is there anything you can't do?
Posted by: Laurie David's Cervix at September 09, 2010 06:05 AM (jBIxz)
"He has to take their medical insurance, even though he said no, if he doesn't have proof of coverage elsewhere? When did Pelosi get on the board of Blue Cross?"
No insurer in his right mind is going to let a young, healthy rate-payer slip through their fingers, if they can help it. Profits, baby, profits.
Welcome to the wonderful world of Obamacare, where we're all getting the Blues, whether we want 'em or not!
Posted by: Brown Line at September 09, 2010 06:05 AM (VrNoa)
Posted by: Allthe economists that agree at September 09, 2010 06:09 AM (FIc0M)
Posted by: the commerce clause at September 09, 2010 06:16 AM (FIc0M)
Posted by: Jean at September 09, 2010 06:38 AM (g8OOc)
Stuff repeal amendments into EVERYTHING - school lunch programs, subsidized housing for the poor and Veteran's, transportation and energy bills, the works - just as Dems do to get their pork barrel projects through.
EVERYTHING.
Then when he vetoes, ask the cameras plaintively why the President hates feeding the kids/housing the poor & disabled/puppies/etc.
Hold them to their own standards.
Posted by: Drumwaster at September 09, 2010 06:40 AM (dWFSK)
No - they weren't "wildly optimistic"; they were lies. Meaning CMS knew they were baloney, but put -em out anyway, knowing they were garbage.
Posted by: Roger at September 09, 2010 06:47 AM (tAwhy)
Where the rubber really meets the road on how much GOP guts there really are, is refusing to fund Lord Zero. He'll gladly keep veto-ing bills, but he can't function without money. But it will take guts to make it work. Gingrich couldn't do it to Clinton (but - as he pointed out - we've got Barry now).
Posted by: Roger at September 09, 2010 06:50 AM (tAwhy)
Posted by: Donald Berwick at September 09, 2010 06:50 AM (w9BEi)
Death is very cost effective and Obamacare promotes it handily.
Posted by: Nighhawk at September 09, 2010 09:36 AM (OtQXp)
Stop fear-mongering!
Posted by: Alan "they want you to die quickly" Grayson at September 09, 2010 06:53 AM (w9BEi)
Provided we still have a country 10 years down the line.
Posted by: Vic at September 09, 2010 06:57 AM (/jbAw)
The teleprompter is already loaded for next year, morons.
'Greedy insurance companies are raising their rates by 10, 15, and even 20%! The only solution is free Government run health-care, backed by the full faith and credit of these United States.'
Posted by: Schwalbe at September 09, 2010 07:30 AM (UU0OF)
Repeal is a non-starter as long as Obama sits in the Big Chair, but defunding much of ObamaCare's provisions would be a great start. Many state governors (including our own Tim Pawlenty) are already doing that. But I do agree that repeal must be our ultimate goal; otherwise, we're going to start hearing even GOP'ers start talking about "fixing" the law rather than just repealing it. This has been the Democrat strategy all along.
Posted by: Monty at September 09, 2010 08:13 AM (/0a60)
Posted by: geoff at September 09, 2010 09:20 AM (clc+K)
If you don't like the doctor you have, you'll be stuck with the quack that you have
Posted by: phreshone at September 09, 2010 08:26 AM (1AnxB)
Posted by: runningrn at September 09, 2010 08:40 AM (8GYOu)
Posted by: chi straightener at September 09, 2010 11:57 PM (S+GtL)
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Posted by: TEE866 at September 09, 2010 05:11 AM (va8HH)