Friday, October 30, 2009

Real Costs of Socialized Health Care In America

The CBO says the cost of the pending 1990-page (4 reams of papers) is $1.055 trillion. But what are the other costs that will not be calculated?
The $1.055 trillion estimate also does not include $245 billion needed to stop Medicare payments to doctors from decreasing, which the House plans to address through separate legislation introduced Thursday.

The costs of the bill are fully offset by cuts to existing spending programs-- including the Medicare Advantage and other programs--saving $426 billion through 2019, and by tax increases raising $572 billion over that time, CBO said. In fact, the combined impact of provisions in the bill would be a net deficit reduction of $104 billion in the next decade, according to CBO.
How many people will decide that the medical profession is too expensive to train for, given the cost of the education and the return on that investment?

How many MDs will decide to leave the profession because the new business model does not "add up"?

How many staff, assistants and nurses will be removed from the payrolls because of the new business model?

When the public insurance model takes root, how will most private insurance companies be able to offer a competitive product?

When less revenue is received by hospitals and clinics, how many will decide to close up shop, consolidate, lay off workers?

When malpractice occurs and the government is the care giver, who gets sued?

What cost is placed on a grandparent, parent, child, sibling, spouse, yourself who will not get a procedure because the return on the procedure is not justifiable within the new government healthcare model? (No real case for heart surgery for an 85 year old; they are going to die any way.)

Too bad no elected congressional rep, the president or 99.99999999 percent of the American people will read the back-breaker bill. They will approve a trillion dollar entitlement program that they will understand because someone else, a non-elected official, will them them what it says.

Pelosi thinks that this health care bill is the answer to the insurance model that has dominated American society for the past 30 years. There is a problem with the current model but this Pelosi/Reid socialized medicine program is not the answer.

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