I hate to say I told you so.
FOXNews.com - Gov't: Spending to Rise Under Obama's Health Care Overhaul
Replies
12SoWal Insider
From the article: Factoring in the law, Americans will spend an average of $13,652 per person a year on health care in 2019, according to the actuary's office. Without the law, the corresponding number would be $13,387.
No footnote. I'd like to see where they get these figures of what we spend per person vs. what we will be spending in 2019 per person.
Is this where people will really start working the system? Hiding assets, income, etc...... I'm getting on the 'free' plan just as soon as I can. If you can't beat 'em, join 'em.
UGH! I think I'm sick.
No footnote. I'd like to see where they get these figures of what we spend per person vs. what we will be spending in 2019 per person.
Is this where people will really start working the system? Hiding assets, income, etc...... I'm getting on the 'free' plan just as soon as I can. If you can't beat 'em, join 'em.
UGH! I think I'm sick.
SoWal Expert
So our health care spending will be a whopping 1.9% higher? Talk about a smoking gun!
Would love to know where that info comes from.
Would love to know where that info comes from.
Beach FanaticAuthor
So our health care spending will be a whopping 1.9% higher? Talk about a smoking gun!
Would love to know where that info comes from.
Medicare Office of the Actuary is the source. I think paying more for less is a smoking gun.
SoWal Insider
Medicare Office of the Actuary is the source. I think paying more for less is a smoking gun.
:blink: I trust that office none.
Beach FanaticAuthor
:blink: I trust that office none.
I trust them to lowball the figure. The true cost is probably double or triple what they admit to.
Beach Fanatic
Of course it is. We need to repeal this pile of dung. The people that support this crap think the lies are ok.
SoWal Expert
Oops - didn't read the fine print. 😀
From YOUR article:
"The average annual growth in health care spending will be just two-tenths of 1 percentage point higher through 2019 with Obama's remake, said the analysis. And that's with more than 32 million uninsured gaining coverage because of the new law."
"For advocates of the law, the numbers show that expanding coverage to 93 percent of eligible Americans comes at a relative bargain price. Moreover, if Congress sticks to cost controls in the legislation, there's potential beyond 2020 to rein in the growth of health care spending. The new projections show a slowdown starting around 2018."
"The White House released its own analysis of the report, calculating that total health care spending per insured person would be more than $1,000 lower under the law.
A White House blog post from health reform director Nancy-Ann DeParle said that by 2019 overall health care spending per insured person would average $14,720 under the law, compared with $16,120 if Congress and the president had not acted, or $1,400 less."
From YOUR article:
"The average annual growth in health care spending will be just two-tenths of 1 percentage point higher through 2019 with Obama's remake, said the analysis. And that's with more than 32 million uninsured gaining coverage because of the new law."
"For advocates of the law, the numbers show that expanding coverage to 93 percent of eligible Americans comes at a relative bargain price. Moreover, if Congress sticks to cost controls in the legislation, there's potential beyond 2020 to rein in the growth of health care spending. The new projections show a slowdown starting around 2018."
"The White House released its own analysis of the report, calculating that total health care spending per insured person would be more than $1,000 lower under the law.
A White House blog post from health reform director Nancy-Ann DeParle said that by 2019 overall health care spending per insured person would average $14,720 under the law, compared with $16,120 if Congress and the president had not acted, or $1,400 less."
Beach Fanatic
All I know is my costs are going up around 25% if we keep nearly the same coverage. Looking for alternatives but options are limited when you have family with pre-existing conditions.
Beach FanaticAuthor
Oops - didn't read the fine print. 😀
From YOUR article:
"The average annual growth in health care spending will be just two-tenths of 1 percentage point higher through 2019 with Obama's remake, said the analysis. And that's with more than 32 million uninsured gaining coverage because of the new law."
"For advocates of the law, the numbers show that expanding coverage to 93 percent of eligible Americans comes at a relative bargain price. Moreover, if Congress sticks to cost controls in the legislation, there's potential beyond 2020 to rein in the growth of health care spending. The new projections show a slowdown starting around 2018."
"The White House released its own analysis of the report, calculating that total health care spending per insured person would be more than $1,000 lower under the law.
A White House blog post from health reform director Nancy-Ann DeParle said that by 2019 overall health care spending per insured person would average $14,720 under the law, compared with $16,120 if Congress and the president had not acted, or $1,400 less."
Heads will roll, they are not supposed to be fair and balanced. How dare they present both sides of an issue.:sarc:
I think the medicare numbers are low and the White House numbers are fantasy.
Beach Fanatic
The mathmatical projections that come out of Washington to sell us on whatever 'fill in the blank' agenda-du-jour it may be hardly ever pan out. Like the HAMP program. Like the amount of oil gushing into the Gulf. Utter crap. Any math with a dot-gov behind is my sign to flip the page. Next.
I'm becoming a fan of self-insuring, paying cash for what I do need, and making darn sure I'm not running to the doc for every suspicious thing. Maybe the gov's savings estimates come from increased numbers of people just gutting-it-out on their own ;-)?
I've personally experienced SAVINGS of 30% when paying cash for some medical procedures. Factor in the additional savings of not paying (affording) exorbitant monthly premiums for health insurance and it can make $ sense. I regret all the health insurance premiums I shelled out during my young, healthy, 20's-30's-40's. Wish I'd stuck that money in an interest bearing savings account for all those years.
I'm becoming a fan of self-insuring, paying cash for what I do need, and making darn sure I'm not running to the doc for every suspicious thing. Maybe the gov's savings estimates come from increased numbers of people just gutting-it-out on their own ;-)?
I've personally experienced SAVINGS of 30% when paying cash for some medical procedures. Factor in the additional savings of not paying (affording) exorbitant monthly premiums for health insurance and it can make $ sense. I regret all the health insurance premiums I shelled out during my young, healthy, 20's-30's-40's. Wish I'd stuck that money in an interest bearing savings account for all those years.
SoWal Insider
The mathmatical projections that come out of Washington to sell us on whatever 'fill in the blank' agenda-du-jour it may be hardly ever pan out. Like the HAMP program. Like the amount of oil gushing into the Gulf. Utter crap. Any math with a dot-gov behind is my sign to flip the page. Next.
I'm becoming a fan of self-insuring, paying cash for what I do need, and making darn sure I'm not running to the doc for every suspicious thing. Maybe the gov's savings estimates come from increased numbers of people just gutting-it-out on their own ;-)?
I've personally experienced SAVINGS of 30% when paying cash for some medical procedures. Factor in the additional savings of not paying (affording) exorbitant monthly premiums for health insurance and it can make $ sense. I regret all the health insurance premiums I shelled out during my young, healthy, 20's-30's-40's. Wish I'd stuck that money in an interest bearing savings account for all those years.
I agree almost 100%. Only two years in my life have I exceeded my out of pocket exposure in claims, but they were very expensive claims...and, due to an accident. I was glad to have had the proper insurance. One was about $50K (bone graft and metal plate to repair my wrist) and I didn't even spend the night in the hospital. The other was about $15K (removal of plate when my body rejected it) - was under the knife about an hour and half. But, we're supposed to insure for catastrophic claims only, technically. I am a proponent of self-insuring for the smaller claims - routine office visits, minor colds, etc. When Kaiser HMO began in the 70's, managed care was resisted, but is now practically an entitlement for many employees.
The number 1 item in ObamaCare should be education to the public regarding accountability/responsibility of medical care, preventive care, healthy lifestyle, diet, etc.......implementing a sliding scale cost sharing for each recipient of the plan. But, they didn't consult with me.......go figure.
SoWal Expert
I'd love to be able to just plan ahead and pay for my health care myself. (Hell, based on my coverage I pay for most of it anyway.)
But one minor injury blows that out of the water.
But one minor injury blows that out of the water.
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