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Politics : Mainstream Politics and Economics

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To: koan who wrote (34611)11/17/2012 2:34:55 PM
From: Broken_Clock  Read Replies (1) of 85487
 
when your family members are screaming about how unfair it all is, you can proudly tell them more Obama lies....

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"And once the law actually goes into effect it's the pre-existing conditions provision that has the potential to do a lot of damage to the consumer, according to Funtleyder. He says it is "likely insurance companies will raise premiums on everybody, given the mandate, to deal with the number of pre-existing conditions that come into the fold." And that is one of the many key criticisms of the plan: little to no direct cost-control.

As it stands, the bill has only one such feature; the Independent Payment Advisory Board, otherwise called by its acronym "IPAB" or more commonly the death panel. This provision puts 15 bureaucrats in charge of deciding where to cut costs and funding for certain health care services. Funtleyder says it's widely disliked on both sides of the political aisle, making it a reasonable assumption that the death panel could be repealed. If that happens, he argues there will be no mechanism at all to control costs."
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