Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

A $250 Billion Doctor Bill
IBD Editorials ^ | October 20, 2009 | INVESTORS BUSINESS DAILY Staff

Posted on 10/20/2009 5:12:56 PM PDT by Kaslin

Legislative Process: Democrats are said to offer physicians a deal — freezing Medicare payment cuts if the docs sign on to health care reform. This is pricey bribery even by Washington standards.

Sooner or later, health care reform is going to hit taxpayers' wallets. House Democrats want to start right away with the rich, naturally. Their counterparts in the Senate are more circumspect or shifty, depending on your point of view. There, reform has a fiscally conservative facade that masks some very expensive wheeling and dealing.

Witness what's happened since the Senate Finance Committee approved a reform plan that, taken at its word, was deficit-neutral and considerably less costly than bills passed in other committees of the House and Senate. The fiscal balance turned out to be an illusion. Hundreds of billions in spending cuts and new revenue are politically untenable. Unions won't accept a tax on higher-cost health plans.

The bill also assumes that nearly $250 billion will be saved through deep cuts in Medicare payments to doctors. The Finance bill would give the doctors a one-year increase of 0.5% in 2010, but then let reimbursements drop by 25% the following year. Those cuts are scheduled under a law passed way back in 1997, but no serious observer thinks they would be allowed to fall off a cliff like that.

(Excerpt) Read more at investors.com ...


TOPICS: Culture/Society; Editorial
KEYWORDS: 111th; baucus; bhohealthcare; pricetag

1 posted on 10/20/2009 5:12:56 PM PDT by Kaslin
[ Post Reply | Private Reply | View Replies]

To: alrea; bareford101; BerniesFriend; blaveda; Bookwoman; Celeste732; dsc; Faux_Pas; fortunecookie; ...

2 posted on 10/20/2009 5:14:50 PM PDT by Kaslin (Acronym for 0bama: One Big Ass Mistake America)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
The bill also assumes that nearly $250 billion will be saved through deep cuts in Medicare payments to doctors.

That's ok, it's not like we'll miss seniors or anything. < /end sarcasm >

3 posted on 10/20/2009 7:29:45 PM PDT by exDemMom (Now that I've finally accepted that I'm living a bad hair life, I'm more at peace with the world.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Kaslin
And likely they will manage do this buy cutting reimbursements (again) from some other HC industry segment with less political power. More cost shifting.


4 posted on 10/20/2009 7:34:53 PM PDT by Dysart
[ Post Reply | Private Reply | To 1 | View Replies]

To: socialismisinsidious


Socialized Medicine aka Universal Health Care daily digest PING LIST

FReepmail me if you want to be added to or removed from this daily digest ping list (one ping per day of links to pertinent articles).




5 posted on 10/20/2009 7:40:40 PM PDT by socialismisinsidious ( The socialist income tax system turns US citizens into beggars or quitters!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: exDemMom

Nice choice for doctors. Support the bill or we’ll REALLY stick it to you.


6 posted on 10/20/2009 9:06:42 PM PDT by boop (Democracy is the theory that the people get the government they deserve, good and hard.)
[ Post Reply | Private Reply | To 3 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson