Bend over America: Obama-care just doubled in price

[JustRalph]

http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/cbo-obamacare-cost-176-trillion-over-10-yrs/425831

"Today, the CBO released new projections from 2013 extending through 2022, and the results are as critics expected: the ten-year cost of the law's core provisions to expand health insurance coverage has now ballooned to $1.76 trillion. That's because we now have estimates for Obamacare's first nine years of full implementation, rather than the mere six when it was signed into law. Only next year will we get a true ten-year cost estimate, if the law isn't overturned by the Supreme Court or repealed by then. Given that in 2022, the last year available, the gross cost of the coverage expansions are $265 billion, we're likely looking at about $2 trillion over the first decade, or more than double what Obama advertised. "

[bigmack]

Mostie is gonna have to marshal every bit of his resources to start defending this PoS legislation. The misnomered - 'Affordable' Health Care Act.

Who is benefiting from this afforability?
----------------------------

Let's Make a Deal --

Either Mostie defends that crap satisfactorily or we put him in the ring with TonyaH for 12 rounds?

http://i165.photobucket.com/albums/u70/macktime/tonyaharding.jpg

[PaceAdvantage]

Man, has she ever let herself go...she used to be SUCH a HOTTIE.... :lol:

BTW, has she been raiding the steroid cabinet again? She looks like she just stepped off the now defunct East German "Woman's" weight-lifting squad... :lol:

[Tom]

I'm guessing we won't be seeing any more triple axles.

[mostpost]

Mostie is gonna have to marshal every bit of his resources to start defending this PoS legislation. The misnomered - 'Affordable' Health Care Act.

Who is benefiting from this afforability?
----------------------------

Let's Make a Deal --

Either Mostie defends that crap satisfactorily or we put him in the ring with TonyaH for 12 rounds?

http://i165.photobucket.com/albums/u70/macktime/tonyaharding.jpg
It is actually not that difficult. I can start by pointing out that the $900B figure quoted by Obama in his Sept. 9, 2009 speech to Congress encompassed the year 2010 to 2019, whereas the $1.76T encompassed 2013 to 2022. The overwhelming majority of the law's provisions do not take effect until 2014. These have continuing annual costs.

You have the years 2010, 2011 and 2012 at the beginning where there are few if any additional costs and you compare them with the later years of 2020, 2021 and 2022 when all the costs are invoked and of course you will have a larger cost.

The dishonesty does not lie in Obama saying the cost will be $900B over ten years starting in 2010; it lies in comparing two disparate time periods with differing criteria.

Also the author concentrates on costs without addressing savings and revenues. When he does address them he ignores factors that change the complexion of his conclusions.

http://campaign2012.washingtonexaminer.com/blogs/beltway-confidential/cbo-boosts-its-obamacare-medicaid-cost-estimate/425966

Here is paragraph that perfectly illustrates how right wing bloggers deceive without actually publishing false information.
The CBO now projects that from 2012 through 2021 the federal government will spend $168 billion more on Medicaid than it expected last year, $97 billion less on subsidies for people to purchase insurance on government-run exchanges and $20 billion less on tax credits to small employers. That works out to a $51 billion increase in the gross cost of expanding coverage from what the CBO estimated a year ago. However, the CBO also expects the federal government to collect more revenue from penalties on individuals and employers, as well as other taxes. These revenue increases will more than offset the spending increases, according to the CBO, so it now expects the cost of Obamacare during those years to be $48 billion lower.

Philip Klein starts out using specific numbers of how much more ($168B) will be spent on Medicaid. His target audience sees that $168B and sees "Medicaid" and half of them stop reading. Those that go on note that there are savings of $97B and $20B due to less money being spent on subsidies and tax credits.
But they are left with the impression that there is still a deficit of $51B.

Probably another half of Klein's target audience tunes out at this point. Only then does he mention "the CBO also expects the federal government to collect more revenue from penalties on individuals and employers, as well as other taxes." But he does not say how much, even though that information is in the report.
http://www.cbo.gov/sites/default/files/cbofiles/attachments/03-13-Coverage%20Estimates.pdf

"a reduction of $107 billion in deficits from the projected revenue
effects of changes in taxable compensation and penalty payments and from other small changes in estimated spending."

That changes a $51B deficit into a $48B surplus, which Klein does mention at the end, but only after 90% of his target audience has likely tuned out.

It is worth noting that the net cost of ACA is now estimated at $50B less than in the previous report.
http://www.cbo.gov/sites/default/files/cbofiles/attachments/03-13-Coverage%20Estimates.pdf
CBO and JCT now estimate that the insurance coverage provisions of the ACA
will have a net cost of just under $1.1 trillion over the 2012–2021 period—about
$50 billion less than the agencies’ March 2011 estimate for that 10-year period

The CBO report also estimates that the number of non elderly uninsured in the United States will decrease from a current 53M to 27M in 2022. See table 3 of the CBO report.

[mostpost]

I'm guessing we won't be seeing any more triple axles.
Not unless they are on the truck that brings her into the arena. :lol:

[highnote]

My health care insurance doubled in price long before Obama got into office. In fact, it got so expensive during the Bush II era that I had to drop full coverage. Now we just have hospitalization insurance with a high deductible. I self-insure against the small stuff. We just pay cash for doctor's visits as needed.

That's not to say I am onboard with Obamacare. If Obamacare is a disaster it will be repealed.

I don't know what the best solution is. (I know some of you here find that hard to believe. :D )

[NJ Stinks]

Ralph, you're a moderator. Can you do something about the title of this thread? Maybe change it to something like:

"Look out America - Obama-care just doubled in price"

or better yet

"I'm not sure about the source but the Washington Examiner claims Obama-care just doubled in price"


Anyway, I'm sure you will do what's best. (Pick an icon.)

[JustRalph]

Very funny. I am not a moderator

[highnote]

I just got an email with this youtube link to a video about how Orwellian Obamacare is. I watched about 3 of the 10 minutes. Then fast forwarded through it.

I am interested in hearing what people here on PA think of it.

THIS IS TRULY UNBELIEVABLE, BUT TRUE.
This 10:00 minute You Tube clip could be the most impactful video for our future!. Please take the time to watch it from beginning to end!.
Remember while your watching, This will impact every human, from inception to the end of life!. Ask yourself, is this an Orwellian novel?!. No my friends, It's the REAL DEAL!. Please Pass it On!!.

http://www.youtube.com/watch_popup?v=HcBaSP31Be8&vg=medium%3e

[Let's Roll]

I just got an email with this youtube link to a video about how Orwellian Obamacare is. I watched about 3 of the 10 minutes. Then fast forwarded through it.

I am interested in hearing what people here on PA think of it.
I made it through less than 1 minute.
There are no polite words to describe what I think of this nightmare.

[KingChas]

I'm guessing we won't be seeing any more triple axles.

And hopefully not anymore honeymoon porn vids............... :eek:

[bigmack]

Not unless they are on the truck that brings her into the arena.
I haven't the slightest idea what all your linkies & quotes are all about, but as a result of your apparent herculean E-Fort, you've been spared a sparfest with Tonya "Bust Her Knee" Har-Ding.

With your research skills, you could become someone with a cult following.

Give it some thought.

http://i165.photobucket.com/albums/u70/macktime/ron_jeremy_is_back.jpg

[mostpost]

Originally Posted by swetyejohn
I just got an email with this youtube link to a video about how Orwellian Obamacare is. I watched about 3 of the 10 minutes. Then fast forwarded through it.

I am interested in hearing what people here on PA think of it.

I made it through less than 1 minute.
There are no polite words to describe what I think of this nightmare.
There are also no words to describe what I think of your gullibility and lack of awareness. The video is about HR 3200. It says it right at the bottom. HR 3200 is not the bill that passed. So you get an e-mail that is 3 years old about a bill that did not pass and you are all in an uproar.

Not only that but the e-mail is factually inaccurate about HR 3200.
The video says on page 22 Govt. is mandated to audit all books of all employers who self insure. Page 22 is actually about evaluating benefit plans.
One more example:
The video says that page 29 limits the amount of care you can receive in a year. The exact quote, "You can only receive so much care per year; $5,000 per individual and $10,000 per family."

Page 29 (really starting on Page 28) isn't even about benefits paid to the insured. Its about cost sharing. Money paid by the insured such as copayments. That is what is limited. Money paid by the insured, not benefits given.


Here is the language starting of page 28 and including lines 4-16 on page 29 as referrenced on the video.
23 (1) NO COST-SHARING FOR PREVENTIVE SERV24
ICES.—There shall be no cost-sharing under the essential benefits package for preventive items and services (as specified under the benefit standards),
2 including well baby and well child care.
3 (2) ANNUAL LIMITATION.—
4 (A) ANNUAL LIMITATION.—The cost-sharing incurred under the essential benefits package with respect to an individual (or family) for a year does not exceed the applicable level spec
ified in subparagraph (B).
9 (B) APPLICABLE LEVEL.—The applicable
10 level specified in this subparagraph for Y1 is
11 $5,000 for an individual and $10,000 for a
12 family. Such levels shall be increased (rounded
13 to the nearest $100) for each subsequent year
14 by the annual percentage increase in the Con
15 sumer Price Index (United States city average)
16

I could go on and on but I am tired of educating the uneducable. :bang: :bang:

[dartman51]

Ralph, you're a moderator. Can you do something about the title of this thread? Maybe change it to something like:

"Look out America - Obama-care just doubled in price"

or better yet

"I'm not sure about the source but the Washington Examiner claims Obama-care just doubled in price"


Anyway, I'm sure you will do what's best. (Pick an icon.)

I think is very appropriate, seeing as how we, the American citizens, are getting screwed. :ThmbUp:

[highnote]

From the tone of the video it seemed more of a propoganda piece designed to scare and influence.

http://www.youtube.com/watch_popup?...e8&vg=medium%3e

I would think that if Obamacare was as bad as the piece says then we should have heard more negative things in the press then have been presented.



Originally Posted by swetyejohn
I just got an email with this youtube link to a video about how Orwellian Obamacare is. I watched about 3 of the 10 minutes. Then fast forwarded through it.

I am interested in hearing what people here on PA think of it.


There are also no words to describe what I think of your gullibility and lack of awareness. The video is about HR 3200. It says it right at the bottom. HR 3200 is not the bill that passed. So you get an e-mail that is 3 years old about a bill that did not pass and you are all in an uproar.

Not only that but the e-mail is factually inaccurate about HR 3200.
The video says on page 22 Govt. is mandated to audit all books of all employers who self insure. Page 22 is actually about evaluating benefit plans.
One more example:
The video says that page 29 limits the amount of care you can receive in a year. The exact quote, "You can only receive so much care per year; $5,000 per individual and $10,000 per family."

Page 29 (really starting on Page 28) isn't even about benefits paid to the insured. Its about cost sharing. Money paid by the insured such as copayments. That is what is limited. Money paid by the insured, not benefits given.


Here is the language starting of page 28 and including lines 4-16 on page 29 as referrenced on the video.
23 (1) NO COST-SHARING FOR PREVENTIVE SERV24
ICES.—There shall be no cost-sharing under the essential benefits package for preventive items and services (as specified under the benefit standards),
2 including well baby and well child care.
3 (2) ANNUAL LIMITATION.—
4 (A) ANNUAL LIMITATION.—The cost-sharing incurred under the essential benefits package with respect to an individual (or family) for a year does not exceed the applicable level spec
ified in subparagraph (B).
9 (B) APPLICABLE LEVEL.—The applicable
10 level specified in this subparagraph for Y1 is
11 $5,000 for an individual and $10,000 for a
12 family. Such levels shall be increased (rounded
13 to the nearest $100) for each subsequent year
14 by the annual percentage increase in the Con
15 sumer Price Index (United States city average)
16

I could go on and on but I am tired of educating the uneducable. :bang: :bang:

[mostpost]

I haven't the slightest idea what all your linkies & quotes are all about, but as a result of your apparent herculean E-Fort, you've been spared a sparfest with Tonya "Bust Her Knee" Har-Ding.

With your research skills, you could become someone with a cult following.

Give it some thought.

http://i165.photobucket.com/albums/u70/macktime/ron_jeremy_is_back.jpg
Shouldn't that picture be in the Copulatory Vocalization thread?

[Tom]

I would think that if Obamacare was as bad as the piece says then we should have heard more negative things in the press then have been presented.

Not from our Lame Stream Media we wouldn't.

[JustRalph]

http://www.washingtonpost.com/business/economy/health-care-law-will-add-340-billion-to-deficit-new-study-finds/2012/04/09/gIQAti1o6S_story.html?hpid=z2

Wapo says it adds 340 billion to deficit