Skip to comments.Medicare On Life Supports
Posted on 06/04/2010 8:10:09 AM PDT by bs9021
Medicare On Life Supports James F. Davis, June 4, 2010
Commentary: Along with millions of other Americans, I received a glossy letter from the Secretary of Health and Human Services (HHS), Kathleen Sebelius, titled Medicare and the New Health-Care LawWhat it Means for You.
She wrote The Affordable Health Care Act passed by Congress and signed by President Obama this year will provide you and your family greater savings and increased quality health care. This claim is made despite the overwhelming evidence that costs have increased dramatically and quality of service has decreased dramatically in every country in the world that has given the government control over their health-care system.
Also we now know that the Congressional Budget Office (CBO) withheld their cost calculations until after the Congress passed the bill. Their latest calculations showed that the new Obama care will cost the taxpayer significantly more than you presently pay as there are virtually no cost controls. The best estimate includes a half trillion in tax increases, a half trillion in Medicare cuts and another $1.3 trillion in costs, more than double of what its proponents said it would cost.
Remember the CBO in 1966 said the total cost of Medicare per year would be about $12 Billion by 1990. It was $107 billion in 1990, almost 900% higher than projected. It was approximately $408 billion in 2009....
(Excerpt) Read more at academia.org ...
The cuts in services will be massive, irrespective of whether liberals or conservatives are in power.
The demographics are inexorable. Two workers cannot pay for forty years of medical care for one retiree.
Yep, they cut and gutted it by $523 BILLION under obamacare.
FLAWED DATA USED TO JUSTIFY OBAMACARE
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