Tag Archive | "Baucus"

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“Public Option” Is a Gimmick That Won’t Improve Healthcare

In the Washington Post, Robert J. Samuelson explains in the “Public Plan Mirage” how the so-called “public option” contained in congressional health-care reform bills is just a gimmick: “It pretends to control costs and improve access to quality care when it doesn’t.” Steve Chapman wrote earlier about the “‘Public Option’ Health Care Scam.”

In other news, a study by PriceWaterhouseCoopers found that the provisions in the Senate health care “reform” bill sponsored by Sen. Max Baucus (D-Mont.) would add $1,700 a year…

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Posted in Deregulate to Stimulate, Economy, Health and Illness, Healthcare, Insurance, Politics as Usual, Precaution & Risk, SanctimonyComments (1)

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New Version of Obama Health-Care Plan Relies on Imaginary Savings, Costs More Than $2 Trillion, and Will Explode Federal and State Budget Deficits

Health-care “reform” always costs more than predicted, as ObamaCare provisions have at the state level.  So the claim that the new, cheaper version of President Obama’s health care plan will cost only $829 billion, while not increasing the deficit, should be taken with a grain of salt.

Senate Majority Leader Harry Reid admitted that the actual cost will be more like $2 trillion, and health-care experts have given it a similar price tag of more than $2 trillion.

The reason for the…

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Posted in Healthcare, Insurance, International, Politics as Usual, Regulation, SanctimonyComments (1)

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CBO report: new taxes will balance Baucus health care bill

Those pushing the Senate health care bill were ecstatic when the Congressional Budget Office reported that the bill “would result in a net reduction in federal budget deficits of $81 billion over the 2010-2019 period.” But it’s more budgetary legerdemain, as Cato’s Michael Tanner pointed out today.  Tanner notes that new health care taxes are the revenue-raising tools:

The bill imposes a 40 percent excise tax on health-insurance plans that offer benefits in excess of $8,000 for an individual plan and $21,000 for…

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Posted in Economy, Health and Illness, Healthcare, Politics as UsualComments (1)

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