loosecannon
Senior Member
- May 7, 2007
- 4,888
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If the law were being financed primarily through a cost shift to private premiums, paid in private dollars, it wouldn't cost $900 billion in public dollars in the first decade. And there would be no--or very limited--subsidies for private coverage. And young, healthy people wouldn't be able to satisfy the mandate simply by buying catastrophic coverage.
You still don't get it. Medicare and medicaid costs are being offset by more lucrative patients being forced to participate in the system. This is the way the system already works btw, medicare and medicaid already pay less for the same care.
Since the bill is being touted as producing enough savings in medicare etc to offset the costs associated with startup over a decade then there must be a savings realized in medicare costs. That savings is offset within the care and insurance industries by a new pool of participants who are paying more for the same services.
It's a stealth subsidy. But it is very real all the same.