First in a series of posts outlining the real facts about health care reform. Thanks to the Heritage Foundation and their awesome research team for these facts.
Here’s the main thrust of their research. Not the details, just the big picture. Here it is, and believe me it does not sound like The One’s version.
The Senate health care bill would overhaul the entire health care sector of the U.S. economy by erecting massive federal controls over private health insurance, dictating the content of insurance benefit packages and the use of medical treatments, procedures, and medical devices. It would alter the relationship between the federal government and the states, transferring massive regulatory power to the federal government. The bill would also restrict the personal and economic freedom of American citizens by imposing controversial and unprecedented mandates on businesses and individuals, including an individual mandate to buy insurance.
The One has said from the beginning that “his” plan would lower health care costs and the cover the uninsured. No one and I mean no one believes this bill comes close to doing either of those things. Here thanks again to the Heritage Foundation are just a few of the things this bill “does” do.
- Cause many Americans to lose their current health insurance. The Congressional Budget Office (CBO) estimates that up to 10 million Americans would no longer be covered by their employers. Given the bill’s incentives for employers to discontinue job-based coverage, independent analysts expect the loss of employer-based coverage to be much higher.
- Bend the cost curve up. According to independent analysts and government actuaries, the bill would substantially increase total health care spending instead of reducing it as promised. Richard Foster, Chief Actuary of the Centers for Medicare and Medicaid Services (CMS), recently judged the projected savings from the Medicare updates as “doubtful” and estimated that the total national spending on health care would increase.
- Impose many new taxes on middle-class Americans. The Senate bill contains over a dozen new taxes, including a 40 percent excise tax on high-priced health plans and special fees and taxes on insurance, drugs, medical devices, and anyone who violates the new mandates.
- Reduce many seniors’ access to Medicare benefits and services. The bill would reduce Medicare payments by an estimated $493 billion over 10 years, including payment reductions for Medicare Advantage, hospital care, home health care, and nursing homes.
- Provide federal funding for abortion. Contrary to the President’s clear statement to Congress and the nation on health care reform, the Senate bill would provide funding for abortion. The House would prohibit using taxpayers’ dollars to finance abortion, but a similar amendment to the Senate bill was tabled without even a floor vote.
More to come. Let your representatives and senators know you do not want this bill passed… EVER.