Thursday, September 09, 2010

Um, about those terrific ObamaCare© cost savings...

Not happenin':

"The nation's health care tab will go up -- not down -- as a result of President Barack Obama's sweeping overhaul."

Oh, those nasty Republican naysayers and awful bloggers! They just keep spouting the company line.


It's not the GOP or IB saying this?

Well, then: whom?

"That's the conclusion of a government forecast released Thursday ... said economist Andrea Sisko of Medicare's Office of the Actuary, the nonpartisan unit that prepared the report."

Where's Emily Litella when you need her?

MORE: As the Fox item above notes, even the "modest" increase assumes certain levels of reduction in Medicare reimbursement rates, all the while "guaranteeing" seniors continued access to necessary health care.

Unfortunately, that prediction may be a bit, um, rosy:

"Richard Foster, Medicare's chief actuary, noted that Medicare payment rates for doctors and hospitals serving seniors will be cut by 30% over the next three years. Under the policies of the Patient Protection and Affordable Care Act, by 2019 Medicare payment rates will be lower than under Medicaid."


And remember, under ObamaCare©, more Americans on the Medicaid rolls is considered a feature, not a bug. And that's the good news; it actually gets worse from there:

"The drastic reductions in Medicare reimbursements under ObamaCare will create havoc and chaos in health care for seniors."

I must respectfully disagree with the gentleman making those remarks (Peter Ferrara, director of entitlement and budget policy at the Institute for Policy Innovation). "Havoc and chaos" are necessarily predicated on choice. Why would he assume seniors will have any?
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