New CBO study: Public health care option won't dominate system

[Modbert]

CNN Political Ticker: All politics, all the time Blog Archive - New CBO study: Public health care option won’t dominate system « - Blogs from CNN.com

Another day, another myth busted about the health care bill.

 

[Oddball]

Funny how the story changed after the CBO had a package of dead fish delivered to them.

 

[libertarian14]

BS this is an attempt at socialized healthcare so have fun with your socialized healthcare.

 

[Vel]

You can be sure that the weekend meeting Obama had with Douglas Elmendorf had NOTHING to do with this. And in other news.. pigs were seen flying over the Capitol building.

 

[Oddball]

 

[Navy1960]

Firms would have incentive to provide coverage for their employers, the CBO concludes, since they would face penalties for not doing so. Furthermore, if employers did not offer insurance, they would likely have to offer higher wages and other forms of compensation for employees to keep up in a competitive labor market.

"Indeed, workers might be particularly motivated to demand such increases under the proposal because they would be required to obtain insurance," the CBO letter says.

This is all based on the assumption that the because of a penalty these firms will automatically cover employee's which is a flawed assumption. If it's cheaper to pay the fine then the companies will pay the fine, it it's cheaper to send the employee to the public plan then thats where they are going to go. This assumes that a companies will automatically enroll employee's because of mandates and further assumes that this legislation will be at all enforceable from state to state. So fact, not hardly and in fact this public option mandate for employers is in fact being talked about being omitted in the Senate version..

WASHINGTON – After weeks of secretive talks, a bipartisan group in the Senate edged closer Monday to a health care compromise that omits two key Democratic priorities but incorporates provisions to slow the explosive rise in medical costs, officials said.

These officials said participants were on track to exclude a requirement many congressional Democrats seek for large businesses to offer coverage to their workers. Nor would there be a provision for a government insurance option, despite President Barack Obama's support for such a plan.
AP sources: Senate group omits employer mandate - Yahoo! News

So before you start your myths and facts perhaps it'sa good thing to know all the facts first Robert.

 

[xsited1]

It's good to know the CBO is on top of things:

Contrast Obama's reassuring rhetoric with this exchange at a congressional hearing between Sen. Kent Conrad, D-N.D., chairman of the Senate Budget Committee, and Douglas Elmendorf, head of the CBO.

Conrad: "From what you have seen from the product of the committees that have reported, do you see a successful effort being mounted to bend the long-term cost curve?"

Elmendorf: "No, Mr. Chairman. In the legislation that has been reported, we do not see the sort of fundamental changes that would be necessary to reduce the trajectory of federal health spending by a significant amount. And on the contrary, the legislation significantly expands the federal responsibility for health care costs. ... The (cost) curve is being raised."

No cost control any time soon in health ‘reform’ bills

 

[Old Rocks]

BS this is an attempt at socialized healthcare so have fun with your socialized healthcare.

We absolutely intend to.