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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (531791)	11/23/2009 11:11:27 AM
From: i-node	4 Recommendations Read Replies (3) \| Respond to of 1575556

>> If anyone is interested in what is really in the Health Care bill, I found a good summary. This is NOT a good summary. It is a LIBERAL summary. It doesn't say ANYTHING about the bad stuff in the legislation -- - Like the fact that it will result in trillions of dollars in new debt; - Like it will institutionalize rationing of health care making bureaucrats, not your doctor, in charge of your health care; - It will impose more unfunded mandates on the states which are, of course, already broke; - It will place unprecedented power in the hands of bureaucrats to make life and death decisions on the part of the American people; - It will result in a massive curtailment -- worldwide -- in medical technologies/drug R&D; - It will eliminate Medicare Advantage -- wipe it off the face of the earth, leaving millions of aged without benefits; - It will take Part D, the best functioning government health care program in history -- the ONE program that can be considered fiscally responsible, and make it financially untenable. - It will kill hundreds of private insurers in the near term, and ultimately lead to a single payer system, which is the stated objective of the Left. That's a start. More than anything, it just goes to show how gullible and ignorant you are on this subject, that you believe what you posted was a "good summary" of the legislation. Not even close.

To: RetiredNow who wrote (531791)	11/23/2009 11:12:51 AM
From: Brumar89	Read Replies (1) \| Respond to of 1575556

Why 2014? Insurance exchanges will be set up in 2014 to help the uninsured get coverage. Why not 2010? Are re-election worries the reason? ---------------------------------------------- Uninsured individuals will be fined $750 per year. Which means there will still be uninsured. When did the uninsured stop being objects of compassion that we need reform for and become bad people who need to be fined? ------------------------------------------------- The bill will result in 31 million additional Americans getting insurance Thats all the uninsured according to Obama. But you also said the uninsured will get fined $750 a year. How is the conflict explained - will everyone be insured or will there still be uninsured who now have to pay a fine for the crime of being uninsured? ------------------------------------------------ and will cost the government $848 billion over 10 years but this amount is more than covered by new taxes, resulting in a net reduction of the federal debt by $130 billion over this period. So that comes to $978 billion in new taxes.

To: RetiredNow who wrote (531791)	11/23/2009 11:16:38 AM
From: RetiredNow	Read Replies (2) \| Respond to of 1575556

Health Rx Math: Heroic Efforts, Upfront Fees By JED GRAHAM, INVESTOR'S BUSINESS DAILY Posted 11/19/2009 09:03 PM ET investors.com To make its budget math add up, the Senate packs bigger health care subsidies into fewer years, sacrificing near-term help for the uninsured and longer-term deficit-reduction. Senate Majority Leader Harry Reid hailed the bill as a model of fiscal responsibility on Wednesday, touting a projection of $750 billion in lower deficits over two decades. While that is technically true, the Congressional Budget Office score reveals that the actual savings would smaller, minuscule compared to the fiscal gap. More importantly, CBO's analysis drives home just how difficult it will be to find big health care savings if Reid's $900 billion-plus bill passes — and, perhaps, even if it doesn't. Politically Incorrect Under proposed cuts in the bill, Medicare's annual cost increases would slow to an inflation-adjusted 2% per beneficiary over the next two decades, down from 4% over the past 20 years, CBO said. "Whether such a reduction in the growth rate could be achieved through greater efficiencies in the delivery of health care or would reduce access to care or diminish the quality of care is unclear," CBO director Doug Elmendorf wrote in a letter to Reid. Elmendorf said that CBO's projection of modest net savings hinged on lawmakers keeping the big cost-cutting measures in place, and he noted a prime example of Congress doing the opposite. Democrats are trying to push through a $200 billion-plus fix of a law that reduced the growth of physician payments under Medicare. Congress has repeatedly voted to keep those reductions from taking effect. The Reid bill would provide a one-year fix, but physician rates would be scheduled to drop 23% in 2011. "You have to be fairly naive to actually believe that Congress would lower the spending rate in Medicare that abruptly," said American Enterprise Institute health care economist Joseph Antos. But suppose Congress does follow through with such unprecedented spending curbs to pay for a new health care entitlement. "Then you have dug a hole and filled it up again, and you've used up the tools that would be very important" for deficit reduction, Antos said. With budget analysts projecting $10 trillion in cumulative deficits this decade, CBO says the Senate health bill would save a net $130 billion over the first 10 years. But $72 billion would be related to a new, voluntary long-term care insurance program called CLASS. The Community Living Assistance Services and Supports program is designed to be deficit-neutral long-term, meaning a surplus of up-front premium payments would lead to annual operating deficits after 2029.

To: RetiredNow who wrote (531791)	11/23/2009 11:38:11 AM
From: bentway	Read Replies (2) \| Respond to of 1575556

From my perspective, these are the four most important provisions: * Insurance companies will be required to accept all new customers, even with preexisting conditions. * Annual and lifetime limits on coverage will be prohibited. * Insurance companies will be forbidden from canceling policies when a person got sick. * Insurance companies will not be allowed to charge sick people more than healthy people.