ObamaCare eschews the one proven way to cut health costs — so, while the price of ObamaCare would be higher federal spending, increased deficits, and diminished liberty, what Americans would get in return would be higher health costs and reduced quality of care.
ObamaCare would increase costs, increase deficits, and reduce the quality of health care — and outside of President Obama and other Democrats who are ideologically driven to expand federal power and control, no one wants it.
Wisconsin Congressman Paul Ryan provides a concise summary of the true costs of Obamacare at the bipartisan health summit, on February 25, 2010.
If not repealed, ObamaCare would expand and cement a system that is replete with fraud, without getting serious about reducing that fraud.
If Tennessee’s, Maine’s, and Massachusetts’s ambitious attempts to expand health coverage through taxpayer subsidization are any guide, ObamaCare’s costs would soon spiral out of control.
A report by the Obama administration’s Medicare Chief Actuary forecasts that, among other things, ObamaCare would fail to achieve its number-one stated goal — reducing health care costs — and would instead raise costs, which helps explain why the legislation was rushed to a midnight vote (though its major programs wouldn’t begin until 2014) and why a clear majority of Americans oppose it.
For the third time this year, Democrats are attempting to pass a temporary “doc fix” to avoid cuts to Medicare reimbursements for doctors. They are currently debating a 6 month fix that will be paid for with a gimmick that raises revenue in the next 10 years and lowers it afterwards, outside the budgeting range.
Get ready to have $2,800 taken out of your paycheck each year to pay for ObamaCare’s CLASS Act — a “public option” for long-term care insurance in which you’ll automatically be enrolled, and which will be financed with what even ObamaCare-supporting Senator Kent Conrad has called “a Ponzi scheme of the first order.”
The first draft of ObamaCare included a $250 billion increase in payments to doctors who treat Medicare payments, the so-called “doc fix.” It’s intended to fix the fact that current law includes substantial cuts in reimbursements to doctors, so large increases are needed just to keep reimbursement levels constant. Democrats removed the doc fix funding from later versions of ObamaCare because it added so much to the price tag as to be politically unpalatable. But this was just a gimmick, because the intention was always just to spend the doc fix billions and break the budget after ObamaCare was the law of the land.
“A June Health Affairs briefing on the implementation of the Patient Protection and Affordable Care Act (PPACA) showed just how deep the chasm is between many of Washington’s policy experts and ordinary Americans… While Washington is focused on convincing states to take federal government grants, ordinary Americans are worried about keeping existing coverage. While Washington policy experts wants to make the PPACA work, most American voters want it repealed.”