Dem's Nationalized Health Bill Will Hike Costs $289 Billion
The Dem’s nationalized health care plan will increase costs $289 billion.
The Hill reported:
The House-approved healthcare overhaul would raise the costs of healthcare by $289 billion over the next 10 years, according to an analysis by the chief actuary at the Centers for Medicare and Medicaid Services (CMS).
The CMS report is a blow to the White House and House Democrats who have vowed that healthcare reform would curb the growth of healthcare spending. CMS’s analysis is not an apples-to-apples comparison to the cost estimate conducted by the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) because CMS did not review tax provisions, which help offset the price tag of the Democrats’ measure.
And then there’s this… Medicare paid over $47 billion in suspect claims this past year.
And get this… Even “60 Minutes” is reporting that medicare fraud is bigger than the drug business.