The Real Cost of ObamaCare

The latest Congressional Budget Office (CBO) report recently reported their findings on the cost of the Senator Ted Kennedy’s health care bill that would cover 16 million of the 46-47 million uninsured.  Before going into the nitty-gritty of the report, the uninsured count includes illegal immigrants, those who are eligible for federal programs but have not signed up, and those who have the ability to pay for insurance but choose not to do so.

Back to the costs: The CBO has estimated that $1.3 trillion would be required over 10 years to cover just 16 million of the uninsured. This does not include the public option, the deal that President Barack Obama wants. The reality is that the public option would ultimately lead to a government-run, single-payer health care plan for America.

Based on these numbers, the cost to cover one of the uninsured is $8,125 per person per year. If the estimated population of the United States was put at 307 million, the end cost per year of ObamaCare would be just over $2.49 trillion per year.

Considering that there are over $77 trillion coming in liabilities in Medicare, Medicaid, Social Security, interest on the debt, and the debt itself, adding this will ultimately break the bank and kill any hope of economic freedom for Americans who will be enslaved by the government to cover the debt either by confiscation taxes on all Americans or by massive hyperinflation.

Congratulations, America. You’ve been had (for electing these weasels in Washington) and now you, your children, and your children's children are going to pay the consequences.

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Comments

Bogus Numbers

It turns out that the estimate is bogus, a result of a screw-up by the congressional committee writing the legislation:

http://voices.washingtonpost.com/ezra-klein/2009/06/did_the_congressiona...

Look for a new estimate by sometime next week.

 

Realistically, Conservatives

Realistically, Conservatives for Patients Rights and Mr. Scott will never need short term loans, and the only reason why they oppose the bill

 

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Short term loans seem to be a

Short term loans seem to be a little pointless for my situation but I bet it helps a lot of people in a crunch.

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I may be alone on this one...

All of the socialist healthclare plans seem great on paper  but the fact of the matter is we lack enough doctors and medical facilites to make these plans work. If not one person is turned away from a hospital lines will be out the door and it will take months to set an appointment with a specialist. This will lead to a black market as doctors will take cash bribes under the table to see people sooner. Nice try Democrats, but this will ruin healthcare in America.

Just look at Canada, when they get sick they know that they wont be able to get care for months and their first move is coming to the United States -Ironic-

Regards From,

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If the estimated figures are

If the estimated figures are accurate then definitely destruction in the US health care sector is coming soon. Definitely Obama’s decision is for the betterment of the mankind, but the people of US will have to bear the cost unfortunately. Puppies for sale

Normal 0 Well I guess

Normal
0

Well I guess most of us are aware hottest issue happening in USA. Health Care insurance had been the talk of the town, with regard to this, Conservatives for Patients Rights, or the CPR, is headed by one Rick Scott – who isn't a doctor – but used to be the CEO of a hospital, and under his watch, his medical administration defrauded Medicare of $1.7 billion through a practice called upcoding, wherein a Medicare patient gets treated, but Medicare is billed for additional tests that never took place.  (That's fraud.) Realistically, Conservatives for Patients Rights  and Mr. Scott will never need short term loans, and the only reason why they oppose the bill is that they want the money from the program for themselves.

 

For more info visit: http://personalmoneystore.com/moneyblog/2009/08/06/rick-scott/

 

big budget

 

 

If we can safe this kind of big budget we can give life to small country.

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Left-right politics

Recently in history, political analysts and politicians divide politics into left wing and right wing politics, often also using the idea of center politics as a middle path of policy between the right and left. This classification is comparatively recent (it was not used by Aristotle or Hobbes, for instance), and dates from the French Revolution era, when those members of the National Assembly who supported the republic, the common people and a secular society sat on the left and supporters of the monarchy, aristocratic privilege and the Church sat on the right. The meanings behind the labels have become more complicated over the years. A particularly influential event was the publication of the Communist Manifesto by Karl Marx and Frederick Engels in 1848. The Manifesto suggested a course of action for a proletarian revolution to overthrow the bourgeois society and abolish private property, in the belief that this would lead to a classless and stateless society.

 

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Congratulations for this

Congratulations for this efficient work. Keep up the good job!

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President Obama has never met a crisis

 

 

President Obama has never met a crisis that he didn’tlove--particularly the ones that involve spending trillions of dollars.  What fun it is to propose programs that involve borrowing or taxing Americans to death.

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I don't agree with this at all. It is good in the Media, but it will not work in the long run.

 

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