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1021. Humpty Dumpty Joe [Biden]

 I've been quiet enough. It took me a long time to get on Obama (OBlunder) when in his times he screwed up America along with his sideki...

Wednesday, October 7, 2009

70. $829B (to $4 Trillion) Health Care Reform!

I'm glad I buried my bones in the back yard. I can just afford to pay my monthly insurance premium now! Looks like I'll be digging up some bones to trade for worse Health Care benefits at a higher cost.

Today the CBO put a price tag of $829B to the Backus plan. Please note however, that they first admitted their original estimate was short by $29B. Also note that all 10-year major plans estimated by the CBO over the last several decades have been only a fraction of the actual costs (costs turn out to be 4 to 5 times more is what I just heard). Not unbelievable since we already heard proven stories where even a hammer cost thousands of dollars. But, don't take my word for it. Some important caveats to the CBO cost were released with their estimate and documented here. For example: "...the estimate does not include the costs of proposed payment increases for doctors serving Medicare patients, roughly $200 billion through 2019. Additionally, a so-called fail-safe mechanism to hold spending in line could result in cuts as large as 15 percent in federal subsidies designed to help the poor afford insurance, CBO said." Whoa. Don't get fixated on that $829 B figure! It has already shifted, by the CBO itself, upward.

And do you believe that the following statement from the article: (1) "Health care legislation drafted by a key Senate committee would expand coverage to 94 percent of all eligible Americans"? If we logically subtract the illegals and Medicaid people from "eligible" today, we are talking about 47 million (the number they gave us as having no private insurance plan) - 15 million illegals - 9 million Medicaid = 23 million eligible Americas. That is 23M/295M, where 295M = number of "legal" people in America, or 7.8% of "eligible" Americans are uninsured today. Guess that means 100%-7.8%=92.1% ARE INSURED. (all their figures). So, for somewhere between $1 Trillion and $4 Trillion we are going to drastically change our Health Care system to cover just 2.9% more. But wait, here is what they said later in the article: (2) "Under the proposal, the share of legal nonelderly residents with insurance coverage would rise from about 83 percent currently to about 94 percent," Elmendorf said. Elderly Americans are eligible for coverage under the federal Medicare program." NOTE: the 94% stated in (1) is no longer a percentage of all Americans, but only legal nonelderly residents. Then note, the smoke and mirrors of going from 83% to 94% to make you think you are getting something significant. Well, the facts, based on the quotes from this article, produce a change from 92.1% to 94%! No thanks! Not buying your propaganda.

Also, don't forget that through magic they are going to finance this monstrosity using $400B+ from Medicare; fraud money that our government never attempted to recover and still refuse to initiate recovery until this bill is approved and they commit you and me despite we knowing that they are lucky to recover $4B! (But, of course they will lead you to believe that the fraud they saved from us would have been yet another $600 B had they not implemented something -- like an aide on a keyboard to lie to you).

I encourage you to review all the "medical" category blogs on this site to understand the big picture. Then use some Common Sense to analyze how your elected officials in Washington are planning to take even more dollars out of your pocket. The whole reform can be done in a tenth of the cost if they would just get out of politics mode and into We the People mode. What a disaster.

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