Health Care Debate - Bridgeton, NJ
Discuss the national Health Care debate in Bridgeton, NJ.
Do you support President Obama's health care policy?
Since: Mar 11
It is too expensive, with too many new administrative agencies. Get the stimulus/ bailout paid back money first, $100s of Billions, put that on debt, then we can talk.
Yet it reduces the debt, that is savings not expense.
Health care repeal's cost:$230 billion to deficit
By Charles Riley, staff reporter
January 6, 2011: 4:14 PM ET
NEW YORK (CNNMoney)-- It's one of the promises on which House Republicans campaigned: If elected, we will repeal health care reform.
One problem: Rolling back the law would probably increase federal budget deficits by a total of about $230 billion by 2021, according to a preliminary estimate released Thursday by the nonpartisan Congressional Budget Office.
The long-run outlook isn't any better. The CBO warns that long-term projections are highly uncertain, but said a repeal would increase federal deficits in the decade after 2019 by around 0.5% of GDP.
And that's a major problem for Republicans -- who also say they want to reduce the deficit and roll back federal spending to 2008 levels.
CBO: Health-care reform bill cuts deficit by $1.3 trillion over 20 years, covers 95%
Washington has spent the past week or so waiting for the Congressional Budget Office to release its preliminary estimate of the Senate bill with the reconciliation fixes. Not only are those numbers important for the debate, but Democratic leaders refuse to release the actual text of their changes until CBO releases the specifics of its analysis.
According to a Democratic source, CBO has finished its work and will release the official preliminary score later today. But here are the basic numbers: The bill will cost $940 billion over the first 10 years and reduce the deficit by $130 billion during that period. In the second 10 years -- so, 2020 to 2029 -- it will reduce the deficit by $1.2 trillion. The legislation will cover 32 million Americans, or 95 percent of the legal population.
From the bill, how excess charges will be reimbursed. Poor insurance company.
1 ‘‘SEC. 2714. ENSURING VALUE AND LOWER PREMIUMS.
2 ‘‘(a) IN GENERAL.—Each health insurance issuer
3 that offers health insurance coverage in the small or large
4 group market shall provide that for any plan year in which
5 the coverage has a medical loss ratio below a level specified
6 by the Secretary (but not less than 85 percent), the issuer
7 shall provide in a manner specified by the Secretary for
8 rebates to enrollees of the amount by which the issuer’s
9 medical loss ratio is less than the level so specified.
How illegal’s are not covered if fact not covered in the bill.
11 CHIP PAYMENT FOR UNDOCUMENTED
13 Nothing in this title shall change current prohibitions
14 against Federal Medicaid and CHIP payments under titles
15 XIX and XXI of the Social Security Act on behalf of indi16
viduals who are not lawfully present in the United States.
it is unconstitutional to require purchasing insurance. They have been getting away with it for years.They are just expanding thir control into another part of our individual freedoms.
I've been purchasing it for years, it is my responsibility. Health Care is commerce, you will use it. It takes from my freedom when someone is not covered for their liability and the bill is shifted my way because they were not covered for the cost incurred.
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