SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Alighieri who wrote (705130)3/21/2013 12:10:10 PM
From: i-node  Read Replies (2) of 1574122
 
Talk about cherry-picking figures.

But I'm interested in this phrase:

"The slowdown has occurred in both government and overall health spending. From 2009 to 2011, total health spending grew at the lowest annual pace since the government started keeping records 52 years ago, a trend that seems to have continued last year. In the 2012 fiscal year, Medicare spending per beneficiary grew just 0.4 percent. The new Congressional Budget Office data said that overall Medicare outlays grew 3 percent in 2012, the slowest rate since 2000.”

It is way, way premature (before the plan has even gone into effect) to start assuming there will be cost savings of any kind. We do not know yet what the stifling of innovation, which clearly will occur over time, will cost in terms of lost lives and increased cost to treat chronic illness. And we don't yet know what the cost of dumping millions of new uninsureds onto the government dole will be, nor the cost of those who were covered but lost their policies. In short, it is silly to claim Obamacare is saving money before large portions of it are even in effect.

Meanwhile, private insurance policy costs are projected to increase massively in the next year. Don't get too excited just yet.

There is some REALLY good news out of Arkansas, however, which is probably being the most assertive on Medicaid costs in the state. They are turning Medicaid over to private insurance companies and the likelihood is there WILL be cost savings there.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News