Saturday, December 12, 2009

Obama's own HHS actuaries warn Senate health care bill will cause premium hikes and Medicare service cuts

From Bluegrass Pundit

President Obama's HHS actuaries have warned the Senate Democrat's health care reform plan could cause an "insurance death spiral." They warn costs will increase, premiums will rise and Medicare services may be cut. If this doesn't kill the Democrats health care reform, Democrats are insane.

From AP via Google:

A new report from government economic analysts at the Health and Human Services Department found that the nation's $2.5 trillion annual health care tab won't shrink under the Democratic blueprint that senators are debating. Instead, it would grow somewhat more rapidly than if Congress does nothing.

More troubling was the report's assessment that the Democrats' plan to squeeze Medicare for $493 billion over 10 years in savings relies on specific policy changes that "may be unrealistic" and could lead to cuts in services...

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