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A funny thing has happened on the way to the
implementation of Obamacare, aka the Patient Protection and Affordable
Care Act (ACA): it’s become much less affordable. When the law was
passed in 2010, the Congressional Budget Office (CBO) estimated it
would cost $940 billion over a ten year period. The new estimate? $1.76
trillion.
But it gets even better. *gasp; gasp;* ... the number of non-elderly
legal residents forced to obtain supplemental insurance policies will
rise from 82 percent in 2012, to 93 percent in 2022.
None
of this surprises those who warned that the original cost estimates of
the healthcare bill were little more than Enron-like accounting
gimmicks. [Costs
for ObamaCare Skyrocket]
ACID TEST - Which of the current
crop of GOP hopefuls would you stake
your life on— to go balls-out to repeal Obamacare in its
entirety?
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Santorum????
ReplyDeleteFeel free to point out my error, but Romney causes me to puke a little everyday.
None.
ReplyDeleteWhere's Sarah Palin?
She quit on her presidential bid, Chuck.
ReplyDeleteShe's out.
My General MD just quit his practice because he was planning to retire in two years and he couldn't justify the $35 K that it was going to cost to establish an electronic medical records system.
ReplyDeleteLast month my Cardiologist quit and turned all of his patients over to other doctors in his medical group.
This is just the beginning of some very bad things to come in the medical care business.
They are still ridiculously low-balling the figures. General rule of thumb with the cost of any government program is to take whatever they say it will cost and add a zero. Then you will be at a realistic starting point.
ReplyDeleteGrinfilledCelt
@GrinfilledCelt,
ReplyDelete...double it first.
On the plus side... when everything goes to hell... there will be one helluva medical underground, black market.
ReplyDeleteBarter, people, barter!
How many bricks of 22LR for bypass surgery?
ReplyDeleteNo, leelu. There has never been a government program that only cost double what they said it would. 10X is the average. Oh, I see. You meant double it before adding the zero (20X). In most cases that would be a bit much, but not too, much for others. In the case of ObamaCare I think that is probably still too low. Pay for itself, my foot!
ReplyDeleteGrinfilledCelt