Author Topic: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Sansfear 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
The bright side is $1.76T will be a lot less than next year's estimate.

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



 

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Sin_of_Onin 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Did you read the article?

 

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Remnant_OBrien 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Well its another reason to end the Bush tax cuts.

 

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Koneg 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Remnant_OBrien posted:
The government spends more than it receives. Obviously the problem is that it doesn't receive enough! angry


 

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Yukishiro1 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T

Article Rakhir Obviously Didn't Read posted:
Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO's standard ten-year budget window and, at least on paper, meet Obama's pledge that the legislation would cost "around $900 billion over 10 years." When the final CBO score came out before passage, critics noted that the true 10 year cost would be far higher than advertised once projections accounted for full implementation.

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.


 

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-Espiritu- 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Obama care will cost more than $1T per annum by 2022. That is unless they have full scale rationing and death panels operational before we reach this point.

 

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Yukishiro1 
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Espiritool strikes again!

 

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Sansfear 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Yukishiro1 posted:

Article Rakhir Obviously Didn't Read posted:
Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO's standard ten-year budget window and, at least on paper, meet Obama's pledge that the legislation would cost "around $900 billion over 10 years." When the final CBO score came out before passage, critics noted that the true 10 year cost would be far higher than advertised once projections accounted for full implementation.

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.





Thanks for proving my point. We knew up front that they were lying with their estimates, and now we've been proven correct. We just didn't know how badly we'd been lied to until now (actually, we still don't, since next year's estimate will be even higher).

If Obamacare had been estimated to cost $1.76T when it was being debated it never would have passed.

 

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Bjorvald 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Unpossible!

 

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Elocism 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Supreme Court is going to strike this garbage down anyway

 

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Z-Elder 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Not even close to the Republican war costs and it is being spent at home!! applause flag

 

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reesescups 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Sansfear posted:
Yukishiro1 posted:

Article Rakhir Obviously Didn't Read posted:
Democrats employed many accounting tricks when they were pushing through the national health care legislation, the most egregious of which was to delay full implementation of the law until 2014, so it would appear cheaper under the CBO's standard ten-year budget window and, at least on paper, meet Obama's pledge that the legislation would cost "around $900 billion over 10 years." When the final CBO score came out before passage, critics noted that the true 10 year cost would be far higher than advertised once projections accounted for full implementation.

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.





Thanks for proving my point. We knew up front that they were lying with their estimates, and now we've been proven correct. We just didn't know how badly we'd been lied to until now (actually, we still don't, since next year's estimate will be even higher).

If Obamacare had been estimated to cost $1.76T when it was being debated it never would have passed.
It's almost as if Rakhir doesn't know how to read...

 

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theredkay1 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Sansfear posted:

Cost estimates for 2009-2019 are not the same as cost estimates for 2012-2022. If we had known this at the time it never would have passed! angry


laugh

CBO posted:

CBO and JCT have previously estimated that the ACA will, on net, reduce budget deficits over the 2012–2021 period that estimate of the overall budgetary impact of the ACA has not been updated.


Last year the CBO estimated the overall budget impact for 10 years. With this release they just estimated the budget impact of the insurance changes for 10 years.

Last year they estimated 2012-2021 insurance changes would be $1.124 Trillion, with 2021 running at $174B. This year they estimated 2012-2021 will be $1.083T, with 2021 $161B and 2022 $169B.

For those of you that can do basic math, you will notice this plan just got more budget friendly. I wouldnt have expected the OP to bring this to our attention. applause

 

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Blue_arrow 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Obamacare Will Supply 400,000 Jobs Almost Immediately!

http://www.youtube.com/watch?v=QJKGWEkkE7E



laugh



know any one getting free Obamacare !!! laugh

 

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paulg_68 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Obama lies in a lot of different ways.

This was one of them.

coffee

 

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Yukishiro1 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Obama said the cost from 2009-2019 would be X amount. Now the CBO says the cost from 2012-2022 would be X+Y amount.

Only in a very strange world does that mean Obama lied about the cost for 2009-2019. thinking

 

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paulg_68 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
He lied by implying something he knew was untrue. People did the mental math and determined Obamacare would cost less than $100b per year. Obama knew the overwhelming majority of people wouldn't understand the details and he depended on that misunderstanding.

There are many kinds of lies. This was one of them.

coffee

 

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reesescups 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Yukishiro1 posted:
Only in a very strange world does that mean Obama lied about the cost for 2009-2019. thinking
It's that strange world where people like Santorum are considered real and legitimate candidates...

 

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Yukishiro1 
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paulg_68 posted:
People are too stupid to realize costs from 2009-2019 might not be the same as costs from 2012-2022 therefore Obama lied when he said what the costs from 2009-2019 were!11


If you say so, chief.

 

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paulg_68 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Libtards posted:
It's okay if you deceive people so long as you are technically telling the truth when you do so.

Charlatans and con men everywhere appreciate your support.

coffee

 

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paulg_68 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
And for the record it's going to cost wayyyyy more than $940b for the first 10 years. Once they actually have to start providing something for the money they're taking in the price is going to skyrocket.

coffee

 

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Bjorvald 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Z-Elder posted:
Not even close to the Republican war costs and it is being spent at home!! applause flag


Most defense spending happens at home too. tongue

 

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Mastara 
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socialized medicine... yay! beatup

 

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reesescups 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
paulg_68 posted:
Libtards posted:
It's okay if you deceive people so long as you are technically telling the truth when you do so.

Charlatans and con men everywhere appreciate your support.

coffee

The only people being deceived are the people that apparently don't know how to read or understand spoken English...

 

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Sansfear 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
reesescups posted:
paulg_68 posted:
Libtards posted:
It's okay if you deceive people so long as you are technically telling the truth when you do so.

Charlatans and con men everywhere appreciate your support.

coffee

The only people being deceived are the people that apparently don't know how to read or understand spoken English...


Dems deliberately proposed a plan that would not be fully implemented until 2014 and then gave cost estimations based on 2009-2019 and use that as selling point on its price even though the vast majority of that cost is in the final 6 years of the CBO estimate.

Sounds like the ARMs that were sold that helped topple the housing market.

30 year mortgage with 5 years of really low payments followed by 25 years of really high payments.

But if you do the average cost over the first 10 years, the payments are really cheap!

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Z-Elder posted:
Not even close to the Republican war costs and it is being spent at home!! applause flag


You mean the wars Bush got permission for from congress, or the brown people Obama has been dropping bombs on without congressional approval?

 

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reesescups 
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Sansfear posted:
I like to herpa derpa about the differences and similarities between apples and oranges...

 

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__Bonk__ 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
flag

 

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Groucho48 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Yes, Obama did play some games with the numbers. But, anyone who was at all interested in the issue could easily find 15 years of estimates rather than the 10 years that were used.

But, there is another thing going on. Most of that money is money used for subsidies for insurance for the uninsured. Currently, virtually all those costs are already incurred, but, are spread out, very inefficiently, amongst folks who ARE insured, the health providers, and various local, state and Federal entities. It's not like these are completely new, out of the blue costs. They are just costs that the Feds are taking on because they are currently a huge burden on the rest of society.

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
paulg_68 posted:
Libtards posted:
It's okay if you deceive people so long as you are technically telling the truth when you do so.

Charlatans and con men everywhere appreciate your support.

coffee



You really have no idea what an estimate is, right?

 

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paulg_68 
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SoBaKi posted:
You really have no idea what an estimate is, right?

In this case it's made up numbers that were known to be wrong but were presented as fact to generate support for a program that would cost more than twice as much.

coffee

 

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Sansfear 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
SoBaKi posted:
paulg_68 posted:
Libtards posted:
It's okay if you deceive people so long as you are technically telling the truth when you do so.

Charlatans and con men everywhere appreciate your support.

coffee



You really have no idea what an estimate is, right?



In the real world, there are consequences when your estimates are 100%+ off.

 

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Groucho48 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
paulg_68 posted:
SoBaKi posted:
You really have no idea what an estimate is, right?

In this case it's made up numbers that were known to be wrong but were presented as fact to generate support for a program that would cost more than twice as much.

coffee


The numbers were absolutely correct using standard actuarial estimates. Why are you lying?


 

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Sin_of_Onin 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Sansfear posted:



In the real world, there are consequences when your estimates are 100%+ off.




I really don't think you read your own link or you are too stupid to understand it. Either way.

laugh

Your stupidity is only beat by paul who is calling Obama a liar because CBO does estimates on a 10 year basis.

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Groucho48 posted:
The numbers were absolutely correct using standard actuarial estimates.

And so were the numbers for medicare, medicaid, and SCHIP but all of them ended up costing more than double what was estimated.

Were you unaware that statistics can be used in lying?

coffee

 

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paulg_68 posted:
Groucho48 posted:
The numbers were absolutely correct using standard actuarial estimates.

And so were the numbers for medicare, medicaid, and SCHIP but all of them ended up costing more than double what was estimated.

Were you unaware that statistics can be used in lying?

coffee


That's generally because things were added to those programs after the estimates were made. And, again, many of those costs were already costs. Kids don't suddenly need billions of dollars of health care because of SCHIP, they always needed that health care but their parents generally couldn't affords it, so, they ended up bankrupt, the hospitals ended up taking a loss and passing that loss onto paying customers and everyone ended up unhappy.

Of course, to a eugenics buff like you, this doesn't matter at all, because you firmly believe if someone is too poor to pay for medical care society should let them die.


 

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Scarne 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
paulg_68 posted:
And so were the numbers for medicare, medicaid, and SCHIP but all of them ended up costing more than double what was estimated.

Usually that occurs because the programs work well, so future laws are passed to expand the scope of what they cover. The CBO can't guess at what future laws will be passed that will increase the cost of things. grin

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Well, we all knew the estimates were low and cooked to make the program more inclined to sell to the masses. These on going estimates are no surprise. Pols always low ball programs, you'd think we'd have learned our lesson by now.

 

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__Bonk__ 
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This happens with nearly every bill and government program yet people are always suprised when it happens. People must be gullible and dumb

grin

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
This is good news. It means that the government will crash sooner. And anything that speeds that up is very much welcome by me.

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Aerlinthian posted:
This is good news. It means that the government will crash sooner. And anything that speeds that up is very much welcome by me.

grin

 

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Jaedence 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T

I am pretty sure people fighting against health care for everyone have to be the stupidest people on the planet.

My wife had a routine DR.'s appt yesterday. We sat in the waiting room for 45 minutes.

I lived in Spain for five years and not only did I never have to wait that long, but the doctor could usually see me immediately or the next morning. My wife had an operation that required a two day hospital visit and the care there was as good as anything I witnessed when my previous wife was in the hospital fighting (and lost) to cancer.

But no. Keep spouting how the rest of the world is wrong, it's better to have a for profit business make decisions concerning an expensive operation you need and keep defending the fact that people lose their homes and go into debt for the rest of their life thanks to medical bills.

You keep defending that.

Go you.

 

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paulg_68 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Jaedence posted:

I am pretty sure people fighting against health care for everyone have to be the stupidest people on the planet.

My wife had a routine DR.'s appt yesterday. We sat in the waiting room for 45 minutes.

I lived in Spain for five years and not only did I never have to wait that long, but the doctor could usually see me immediately or the next morning. My wife had an operation that required a two day hospital visit and the care there was as good as anything I witnessed when my previous wife was in the hospital fighting (and lost) to cancer.

But no. Keep spouting how the rest of the world is wrong, it's better to have a for profit business make decisions concerning an expensive operation you need and keep defending the fact that people lose their homes and go into debt for the rest of their life thanks to medical bills.

You keep defending that.

Go you.

So you think that adding millions of new patients and no new doctors is going to make wait times shorter?

I think you should run the math and check your numbers. I'm not sure it adds up the way you think it does.

coffee

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
paulg_68 posted:
In this case it's made up numbers that were known to be wrong but were presented as fact to generate support for a program that would cost more than twice as much.
thinking


Sounds to me like you are talking about the Iraq war


Most of the people that are bitching in this thread (bitching because they don't know how to read apparently) were the same people that supported Bush in regards to invading and occupying Iraq.

Their inconsistency in standards of evidence, inconsistency in financial manners, etc - proceeds them...

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
A new report by the nonpartisan Congressional Budget Office states that by 2016, Obamacare will result in 4 million people fewer people getting health insurance coverage from their employers.

The estimate is a vast increase from the CBO prediction just a year ago that 1 million would no longer obtain coverage from their employers. And it raises substantial questions about the veracity of one of Obama’s key pledges in selling the health care law – that everyone who wants to keep their current health insurance plan and doctor could do it.

 

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paulg_68 
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The price of healthcare is shooting up way faster since Obamacare passed than was expected before Obamacare passed.

I'm sure Libtards will blame that on Bush too.

coffee

 

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Ashmaele 
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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
paulg_68 posted:
So you think that adding millions of new patients and no new doctors is going to make wait times shorter?


Link to "no new doctors" being added in the future?

paulg_68 posted:

I think you should run the math and check your numbers. I'm not sure it adds up the way you think it does.

coffee


Or we could just make shit up from thin air like you regularly do (and then whine about others making shit up from thin air without the remotest hint of irony).

 

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paulg_68 
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You want a link to the absence of something?

I think you should run your numbers again too.

coffee

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
paulg_68 posted:
You want a link to the absence of something?


I want, just this once, for you to back up some of the bullshit you spew here.

ONE TIME DEALER!

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T

Many of the main rallying cries from the right against national health care are substandard care and wait times. They try to scare people with horror stories of systems that are doing it wrong.

My example wasn't meant to say that wait times would decrease in the future, just that things were better or equal in Spain.

You can spin that anyway you want Paul but our current system sucks and ranting against national health care is just idiotic.

My brother in law, who I like a great deal except for his RWN political views was telling me how his twins were preemies. He brought them home with a $600,000 bill. He said when this happens you just have to pay it off five dollars at a time.

Yeah, cause that's better than national health care...

He told me the hospital asked him to just keep paying what he could, called him up to get a payment plan set up and he did. He figured out it would be payed off by his daughters grandchildren.

Yeah, cause that's better than national health care...

So, he concluded we didn't need health care people could just pay it off slowly.

Um, welcome to 2012. Your preemie twins (who I love) were born 23 years ago. Hospitals today aren't going to let you pay five dollars a month.

So, five years of this goes by and he is offered to settle. So, see, everything worked out for the best because he only ended up paying like thirty grand total after the settlement.

Gee smart guy - who do you think paid off the off $500,000+? Would it be me who pays massive amounts of my paycheck for my health care?


 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Aerlinthian posted:
This is good news. It means that the government will crash sooner. And anything that speeds that up is very much welcome by me.
Man you are something special. I don't even have words for your type of person.

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Ashmaele posted:
paulg_68 posted:
So you think that adding millions of new patients and no new doctors is going to make wait times shorter?


Link to "no new doctors" being added in the future?
Look at what is happening and happened in MA when Romneycare went into effect. More doctors will be added eventually, but the wait times here are crazy now.

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Jaedence posted:

Many of the main rallying cries from the right against national health care are substandard care and wait times. They try to scare people with horror stories of systems that are doing it wrong.

My example wasn't meant to say that wait times would decrease in the future, just that things were better or equal in Spain.

You can spin that anyway you want Paul but our current system sucks and ranting against national health care is just idiotic.

My brother in law, who I like a great deal except for his RWN political views was telling me how his twins were preemies. He brought them home with a $600,000 bill. He said when this happens you just have to pay it off five dollars at a time.

Yeah, cause that's better than national health care...

He told me the hospital asked him to just keep paying what he could, called him up to get a payment plan set up and he did. He figured out it would be payed off by his daughters grandchildren.

Yeah, cause that's better than national health care...

So, he concluded we didn't need health care people could just pay it off slowly.

Um, welcome to 2012. Your preemie twins (who I love) were born 23 years ago. Hospitals today aren't going to let you pay five dollars a month.

So, five years of this goes by and he is offered to settle. So, see, everything worked out for the best because he only ended up paying like thirty grand total after the settlement.

Gee smart guy - who do you think paid off the off $500,000+? Would it be me who pays massive amounts of my paycheck for my health care?






The moral of this story is - Dont have children if you dont have a health care plan. Also i believe there is some exaggeration going on here unless they were unhealthy preemies, 600k is way out of the ball park.

 

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Jaedence 
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I think he said they were in the hospital for six weeks. One of them has cystic fibrosis. It was an unplanned pregnancy right out of high school. Now, since abortion is against RWN, there aren't many options then.

My brother in law isn't the type to exaggerate these types of things. Even if he is is misremembering, an astronomical hospital bill is a bad thing. That's the point.

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Ashmaele posted:
paulg_68 posted:
You want a link to the absence of something?


I want, just this once, for you to back up some of the bullshit you spew here.

ONE TIME DEALER!



Okay you got it.

Here's where it doesn't exist.

http://housedocs.house.gov/rules/health/111_ahcaa.pdf

Also it doesn't exist here.

https://www.google.com/

And here.

reality

coffee

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Brother_Aerlinthian posted:
Brother_Tard and I are going to share a doomsday bunker so when the government will crashes sooner, anything that speeds that up is very much welcome by me.


cowboy

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Ashmaele posted:


I want, just this once, for you to back up some of the bullshit you spew here.



paulg_68 posted:
No! But I'm still right anyway!


tired

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
paulg_68 posted:
You want a link to the absence of something?

I think you should run your numbers again too.

coffee


Umm, that means you can't prove your statement either, sparky.

 

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https://www.aamc.org/download/153708/data/charts1982to2012.pdf



Was a drop in first time applicants to medical school circa 2009 but it's been increasing the last few years.

 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Tych2 posted:
Aerlinthian posted:
This is good news. It means that the government will crash sooner. And anything that speeds that up is very much welcome by me.
Man you are something special. I don't even have words for your type of person.
Yeah my type of person... The type that doesn't want to be a serf to the tyranny of a socialist/fascist state.

 

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Yup.. your type of person!

 

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paulg_68 posted:
The price of healthcare is shooting up way faster since Obamacare passed than was expected before Obamacare passed.

I'm sure Libtards will blame that on Bush too.

coffee


No it isn't.


 

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Subject: New CBO estimate increases 10-year cost of Obamacare from $940B to $1.76T
Tych2 posted:
Ashmaele posted:
paulg_68 posted:
So you think that adding millions of new patients and no new doctors is going to make wait times shorter?


Link to "no new doctors" being added in the future?
Look at what is happening and happened in MA when Romneycare went into effect. More doctors will be added eventually, but the wait times here are crazy now.



Then add the fact that there are many doctors now who will not take any more Medicare or Medicade patients. Alaska has that problem now (and has had that problem).

Government always pays less and the wait time for the payment is pretty bad too.

 

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Kjarhall posted:
paulg_68 posted:
You want a link to the absence of something?

I think you should run your numbers again too.

coffee


Umm, that means you can't prove your statement either, sparky.

I can't prove unicorns don't exist. The fact that no one has ever seen one leans things in that direction though.

The burden here is on Ashmaele to prove that Obamacare is going to magic a hundred thousand new doctors into existence by 2014. It's not my job to prove that it won't.

coffee

 

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Groucho48 posted:
paulg_68 posted:
The price of healthcare is shooting up way faster since Obamacare passed than was expected before Obamacare passed.

I'm sure Libtards will blame that on Bush too.

coffee


No it isn't.







In 2011 health insurance rates jumped up 9%, the highest increase since 2005.

 

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Had to insert the obligatory "If you think health care is expensive now, wait till it is free!"

 

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DemonicXH posted:
Groucho48 posted:
paulg_68 posted:
The price of healthcare is shooting up way faster since Obamacare passed than was expected before Obamacare passed.

I'm sure Libtards will blame that on Bush too.

coffee


No it isn't.







In 2011 health insurance rates jumped up 9%, the highest increase since 2005.



Health care is a bit different than health insurance, but, even so, saying it went up at the fastest rate in 6 years isn't exactly a convincing argument that it is shooting up faster than ever.

For the decade 1999-2009, health insurance costs went up 131%


Since 1999, health insurance premiums for families rose 131%, the report found, far more than the general rate of inflation, which increased 28% over the same period. Overall, health care in the United States is expected to cost $2.6 trillion this year, or 17% of the nation’s economy, according to the non-partisan Congressional Budget Office.

Read more: http://moneyland.time.com/2009/09/16/health-insurance-premiums-up-131-in-last-ten-years/#ixzz1p8qh25cJ



and


Over the past decade, premiums have risen steadily, with double-digit increases seen from 2000-2004, the Kaiser survey and other tracking reports show. Growth in premiums moderated starting in 2006, averaging about 5 percent for several years, the survey found.



If you google around, you will also find claims that the requirement in Obamacare to review any increase in premiums of more than 10% has had a moderating effect, but, it's hard to prove that is the sole or main reason.

 

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Just saw this on the Maddow show...Before Romneycare, which is basically Obamacare with fewer cost constraints, Mass. insurance premiums were growing at a rate far higher than the national average, since Romneycare, it is rising slightly at a lower rate than the national average. Citizen satisfaction with the health care they do get is up considerably, too.

Preview of what is to come under Obamacare? We report, you decide.


 

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