Obamacare just got $111 BILLION more expensive..WTF???

[Claudette]

Such a deal.

 

[Neotrotsky]

Lawmaker Wants Answers After Cost Estimate For Health Insurance Aid Rises By $111B | Fox News

Cost estimates for a key part of President Obama's health care overhaul law have ballooned by $111 billion from last year's budget, and a senior Republican lawmaker on Friday demanded an explanation.

House Ways and Means Committee Chairman Dave Camp, R-Mich., wants to know by Monday why the estimated ten-year cost of helping millions of middle-class Americans buy health insurance has jumped by about 30 percent.

So do I.

The revised numbers, buried deep in the president's budget, stumped lawmakers and some administration officials for most of the week. At a congressional hearing Tuesday, Health and Human Services Secretary Kathleen Sebelius, who is in charge of carrying out the health care law, indicated she was unaware of the changes.

Yeah. Can't imagine why they were buried in that deep, huh.

About two-thirds of the increase is due to effects of newly signed legislation that raises costs for one part of the health care law, but still saves the government money overall. The rest is due to technical changes in Treasury assumptions about such matters as the distribution of income in America.

I find this difficult to believe, based on the track record of this administration.

They are liberals

They had to rig the costs and revenues to get CBO
to score it in their favor

They lied

 

[KissMy]

Democrats promised to pay for the health-care law with the money they saved by cracking down on Medicare Fraud. Even democrats admit that Medicare Fraud is now $125 billion a year. That is up 30% since the health-care bill became law.

Launched last summer, a $77 million computer system to stop Medicare fraud before it happens had prevented just one suspicious payment by Christmas. That saved taxpayers exactly $7,591.

The Medicare Fraud fraud alone could fund all the wars.

 

[Neotrotsky]

Lawmaker Wants Answers After Cost Estimate For Health Insurance Aid Rises By $111B | Fox News

So do I.



Yeah. Can't imagine why they were buried in that deep, huh.



I find this difficult to believe, based on the track record of this administration.

1.Obamacare will collect more than $500 billion in new taxes and take $575 billion from Medicare over the next ten years.

a. Two new entitlements, plus a big Medicaid expansion, are created to reduce the number of uninsured, at a cost of at least $2.3 trillion- that’s TRILLION- over the first ten years of full implementation.

2. With each passing year new taxes will be imposed. As disclosed on the attached chart from the
California Hospital Association:

• 2011: A 2.5% excise tax is imposed on pharmaceuticals. (This is part of the plan to pay for the
reform law.) This cost – which will be in the billions of dollars - will be passed on to health care
providers, primarily hospitals, who already operate with very thin margins, and will be under
great financial pressure to raise their rates to pay for it, with resulting price pressure on health
insurance premiums.
• 2012: That excise tax increases to 3%.
• 2013: A separate 2.9% excise tax on medical devices will begin. The same pass-through will take
place, creating the same pressures on providers and on insurance premiums.
• 2014: An $8 billion fee on health insurance premiums kicks in. Obviously consumers will bear
this tax and their premiums will rise.
Because of all these costs, Obamacare is generally unsustainable. Here is one study that addresses that
issue:
Obamacare: The Real Price Tag is a Moving Target

Holy shit. We will all be in the poorhouse. Good God.

With Papa Obama adding more to the debt in four years than Bush did in eight years....

Yeah you are right
we are in the poorhouse

 

[Neotrotsky]

[sarc]Oh, not to worry! 111 Billion is less than two tenths of a TRILLION! [/sarc]

I guess this increase in cost is part of what Nancy Pelosi said we will find out after we pass the bill.

Sure

and don't forget with Papa Obama having to cancel the Long-Term Care Program component
of PapaObama Care, it lost another 84 billion in "savings" that was suppose to come from that as well


As we can see comrades
the gov't will run PapaObama Care just as well as it has done with the
Post Office

 

[PoliticalChic]

1.Obamacare will collect more than $500 billion in new taxes and take $575 billion from Medicare over the next ten years.

a. Two new entitlements, plus a big Medicaid expansion, are created to reduce the number of uninsured, at a cost of at least $2.3 trillion- that’s TRILLION- over the first ten years of full implementation.

2. With each passing year new taxes will be imposed. As disclosed on the attached chart from the
California Hospital Association:

• 2011: A 2.5% excise tax is imposed on pharmaceuticals. (This is part of the plan to pay for the
reform law.) This cost – which will be in the billions of dollars - will be passed on to health care
providers, primarily hospitals, who already operate with very thin margins, and will be under
great financial pressure to raise their rates to pay for it, with resulting price pressure on health
insurance premiums.
• 2012: That excise tax increases to 3%.
• 2013: A separate 2.9% excise tax on medical devices will begin. The same pass-through will take
place, creating the same pressures on providers and on insurance premiums.
• 2014: An $8 billion fee on health insurance premiums kicks in. Obviously consumers will bear
this tax and their premiums will rise.
Because of all these costs, Obamacare is generally unsustainable. Here is one study that addresses that
issue:
Obamacare: The Real Price Tag is a Moving Target

Holy shit. We will all be in the poorhouse. Good God.

With Papa Obama adding more to the debt in four years than Bush did in eight years....

Yeah you are right
we are in the poorhouse

Here's the shocker, Neo.....

Obama voters don't care.

Like the pre-adolescents that they are, they live in the moment, future be damned.

 

[Neotrotsky]

Holy shit. We will all be in the poorhouse. Good God.

With Papa Obama adding more to the debt in four years than Bush did in eight years....

Yeah you are right
we are in the poorhouse

Here's the shocker, Neo.....

Obama voters don't care.

Like the pre-adolescents that they are, they live in the moment, future be damned.

I hear you

Keep spending and/or printing money

Besides, if the Left totally brings down the economy
they believe that people will demand even more gov't
So, they don't care

Like Lenin said:
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”

 

[Zander]

If you can control healthcare and all of the money that is spent on it, you can control the people. You can use that control to increase power to create dependents that will reliably vote for more and more goodies and treats. That is really what this is all about. The "rich" will always have options, it's the poor and working class that are getting screwed by Obamacare. They think they are getting some sort of benefit, when they are really getting a yoke around their neck......

 

[KissMy]

With Papa Obama adding more to the debt in four years than Bush did in eight years....

Yeah you are right
we are in the poorhouse

Here's the shocker, Neo.....

Obama voters don't care.

Like the pre-adolescents that they are, they live in the moment, future be damned.

I hear you

Keep spending and/or printing money

Besides, if the Left totally brings down the economy
they believe that people will demand even more gov't
So, they don't care

Like Lenin said:
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”

This is why smart people have physical gold. This scheme will be over in 6 to 8 years. We will have riots like Greece in 8 to 10 years.

 

[Zander]

 

[Conservative]

I'm not seeing any liberal response in here to this sudden 111 BILLION increase in the cost of Obamacare.

I wonder why?

 

[The T]

Here's the shocker, Neo.....

Obama voters don't care.

Like the pre-adolescents that they are, they live in the moment, future be damned.

I hear you

Keep spending and/or printing money

Besides, if the Left totally brings down the economy
they believe that people will demand even more gov't
So, they don't care

Like Lenin said:
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”

This is why smart people have physical gold. This scheme will be over in 6 to 8 years. We will have riots like Greece in 8 to 10 years.

Yep.

 

[The T]

With Papa Obama adding more to the debt in four years than Bush did in eight years....

Yeah you are right
we are in the poorhouse

Here's the shocker, Neo.....

Obama voters don't care.

Like the pre-adolescents that they are, they live in the moment, future be damned.

I hear you

Keep spending and/or printing money

Besides, if the Left totally brings down the economy
they believe that people will demand even more gov't
So, they don't care

Like Lenin said:
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”

...And then assure them the Government will take care of thier every need as the government deems necessary.

 

[The T]

Lawmaker Wants Answers After Cost Estimate For Health Insurance Aid Rises By $111B | Fox News

Cost estimates for a key part of President Obama's health care overhaul law have ballooned by $111 billion from last year's budget, and a senior Republican lawmaker on Friday demanded an explanation.

House Ways and Means Committee Chairman Dave Camp, R-Mich., wants to know by Monday why the estimated ten-year cost of helping millions of middle-class Americans buy health insurance has jumped by about 30 percent.

So do I.

The revised numbers, buried deep in the president's budget, stumped lawmakers and some administration officials for most of the week. At a congressional hearing Tuesday, Health and Human Services Secretary Kathleen Sebelius, who is in charge of carrying out the health care law, indicated she was unaware of the changes.

Yeah. Can't imagine why they were buried in that deep, huh.

About two-thirds of the increase is due to effects of newly signed legislation that raises costs for one part of the health care law, but still saves the government money overall. The rest is due to technical changes in Treasury assumptions about such matters as the distribution of income in America.

I find this difficult to believe, based on the track record of this administration.

Mounting inflation?

 

[Neotrotsky]

I'm not seeing any liberal response in here to this sudden 111 BILLION increase in the cost of Obamacare.

I wonder why?

They are trying their best to

"Pay no attention to that man behind the curtain"

[ame=http://www.youtube.com/watch?v=YWyCCJ6B2WE]Pay no attention to that man behind the curtain. - YouTube[/ame]

 

[The T]

Holy shit. We will all be in the poorhouse. Good God.

With Papa Obama adding more to the debt in four years than Bush did in eight years....

Yeah you are right
we are in the poorhouse

Here's the shocker, Neo.....

Obama voters don't care.

Like the pre-adolescents that they are, they live in the moment, future be damned.

Until it starts costing them in terms of liberty as the services they thought they were going to get aren't exactly what they bargained for.

Everything this Statists is face value.

 

[FireFly]

Democrats promised to pay for the health-care law with the money they saved by cracking down on Medicare Fraud. Even democrats admit that Medicare Fraud is now $125 billion a year. That is up 30% since the health-care bill became law.

Launched last summer, a $77 million computer system to stop Medicare fraud before it happens had prevented just one suspicious payment by Christmas. That saved taxpayers exactly $7,591.

The Medicare Fraud fraud alone could fund all the wars.

The words government & fraud are one in the same & interchangeable.

 

[PoliticalChic]

With Papa Obama adding more to the debt in four years than Bush did in eight years....

Yeah you are right
we are in the poorhouse

Here's the shocker, Neo.....

Obama voters don't care.

Like the pre-adolescents that they are, they live in the moment, future be damned.

Until it starts costing them in terms of liberty as the services they thought they were going to get aren't exactly what they bargained for.

Everything this Statists is face value.

"...costing them in terms of liberty..."

1. Obamacare reflects an ideology that moves power and control away from individuals and towards government and its agents, and this, of course, is inimical to the principles of limited government. This will inevitably lead to a society with a much larger role for government, and a redistribution of wealth.

a. “Political leaders since Bismarck seeking to strengthen the state or to advance their own or their party’s interests have used insurance against the costs of sickness as a means of turning benevolence to power.” Paul Starr in “The Social Transformation of Social Medicine,” p. 235

b. Mandates that must be followed by individuals, and by the state; promulgated by unelected regulators; the states assuming the roles of branch officers of Washington.
Our country was based on federalism, a balance of power between the central government and the states....ObamaCare ends that.

2. If and when fully implemented, Obamacare will transform the relationship between citizens and their government, and reverse the roles of master and servant. Facing the mandate of purchasing this expensive insurance, the people will be forced to either become economically dependent on government subsidies, or become the increasingly overtaxed source of said subsidies. As servants, the people will watch as key decisions of personal health care determined by unelected regulators and government bureaucrats.

a. By retaining the appearance of being privately operated health care institutions and insurance carriers the government seems not to have take over- to the uninformed. But at the level of regulation due to Obamacare, it is no more than a mirage, devious and deceptive.

b. The illusion is perpetuated by ambiguity in the writing, administrative complexity, thousands of pages of legislative text and deferred decision making. AEI - American Enterprise Institute For Public Policy Research

From “Why Obamacare is Wrong for America,” Turner, Capreta, Miller and Moffit.

 

[PoliticalChic]

I'm not seeing any liberal response in here to this sudden 111 BILLION increase in the cost of Obamacare.

I wonder why?

Because in their minds, there is no connection to poor management, deficits, reductions in the quality of medical care....and their candidate.

As long as their candidate supports abortion, entitlements, and taxes, that's all that counts.

 

[SFC Ollie]

People, people, people, not to worry. Papa Obama has it covered.

He is simply going to charge the military retirees an extra $2000 a year for their health insurance and that should cover most of it.......Maybe............