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Law’s cost unknown

April 8, 2013

It may seem to some Americans that new revelations of what “Obamacare” — the national health care takeover law — will cost have become a regular feature of news reports....

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Apr-08-13 11:19 AM

LH direct from corporate wisdom: "Congress should commission such a study" ....and what would the study cost? as with most "studies" commissioned by Congress it would be in the hundreds of thousands....

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Apr-08-13 11:20 AM

countdown to the TOT anti Obama tirade for today....3.....2.....1....

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Apr-08-13 11:28 AM

"To our knowledge, no comprehensive, honest estimate of those costs has been compiled".

That's the problem with this clown in the corporate office. He's totally lacking knowledge. I guess the study complete by the Congressional Budget Office isn't good enough?

www dot cbo dot gov/publication/43471

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Apr-08-13 12:10 PM

I guess we should have read it before we passed it. This doesn't even address the loss of full time jobs in lieu of part time jobs. This bill will be the undoing of Democrats in 2014 and 2016.

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Apr-08-13 12:13 PM

@Dave. The problem is the CBO keeps changing the cost of the bill. This 3,000 page abomination does nothing to address cost. Just recently congress had to remove the 3% tax on medical devices, thus driving up the cost.

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Apr-08-13 12:33 PM

Dave does it again...using bait and switch numbers...and outdated B&S numbers. The link Dave supplies an OLD response to a repeal of ACA that Bohner asked early last yr, not the NEW CBO projections of their expectations of costs as they have updated. CBO NOW projects that(reported Feb'13) that the costs of ACA are now $1.3tril..up from the $1.17tril from his link. Also CBO projects 7mil employer insured will lose coverage as opposed the previous report of 4mil. What happened to if you like your coverage you can keep it?

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Apr-08-13 12:36 PM

My only intent was to show, once again, the ineptitude of the corporate editor. Obamacare has been studied to death.

Portnoy- since we didn't get single payer, what is socialist about Obamacare?

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Apr-08-13 1:04 PM

"National Health Takeover Law"? Seriously? I need ToT to explain this for me!!

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Apr-08-13 1:22 PM

Some times the editorials are on the lame side. However I don't need the CBO to let me know what is going to happen with my health premiums. I've paid my own for over 35 years. They have gone up each year and each year I have cut back. They were as high as 17,000 before co pays and currently 8700 per year with 5400 deductible. Realistically I am not sure how much more I can afford. It truly makes me sick but I can't afford to be.

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Apr-08-13 1:40 PM

"My only intent was to show, once again, the ineptitude of the corporate editor. Obamacare has been studied to death."

And with EVERY report it get more costly. IF your intent is to chastise least use the most Current CBO report. Say the one published in Feb'13 as opposed to one from July'

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Apr-08-13 3:33 PM

Obamacare should be the same for everyone............everyone should get the same care that Obama and his family is getting. Same goes for the Senators and House of Rep....and if there is no ballanced budget (on time and with a plan to cut the humongus debt) then they should not get a penny until that is done. SEE how fast things get done TIME.

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Apr-08-13 5:32 PM

Don't put words in my mouth, Carl. You aren't good at it.

It's not Obamacare that's so costly. It's for-profit health insurance. My last insurance premium was two years ago and $1,350 a month, before any of Obamacare went into effect.

If you want affordable health care, hop on an airplane and fly to any "socialist" country, like the UK, Ecuador, or Belize. Even Mexico. As long as there are huge profits to be made, health care will never be affordable here, with or without Obamacare.

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Apr-08-13 6:33 PM

You forgot Canada.

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Apr-08-13 6:34 PM

There have been estimates of what Obamacare will cost. Most of them say that it did nothing to help decrease costs but those are the ones in FAVOR of this albatros. I know that the democrats billed this takeover as the answer to all ailments both physical and financial but truth is it will cost the payers a LOT and it will GIVE the people that cannot afford any insurance great coverage. It is just the lying and the costs that I object to. It costs way too much and has cost way too much and will cost us a lot more! Nothing and I do mean NOTHING would be better than what they did to us!!

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Apr-08-13 7:42 PM

"DaveGibson Apr-08-13 5:32 PM Agree | Disagree

Don't put words in my mouth, Carl. You aren't good at it."

You are right..BUT..I didn't put words anywhere Dave your mouth or elsewhere....I quoted YOU, word for word.

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Apr-08-13 8:36 PM

Not to mention that the exchanges are nowhere near being ready, they have run way over the budgeted cost for pre-existing conditions and have stopped taking new applications. There is plenty wrong with Obamacare and very little good. Lets scrap this plan and start again with a fresh open minded approach that will do something about the skyrocketing costs! They said that they could fund National healthcare by cutting waste from our government, that IS even more true today than it was 4 years ago. Crooks are in charge and that is what we need to change!

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Apr-08-13 8:59 PM

TiredofTax... believe it or not, I agree with you. The insurance mandate is knuckleheaded. But before our health crisis can be fixed, conservatives have to acknowledge that there's a problem. So long as they don't, there can be no solution.

The right answer, of course, is full blown socialized medicine. We need to get the profit out of healthcare, just as every other 1st world country has done. The US is the only one who relies on private insurance for health care.

Obamacare is as far removed from socialism as is possible. It is a capitalist plan, using outrageously expensive insurance from for-profit corporations. The only answer is single payer.

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Apr-08-13 9:03 PM

NOPE the answer is not the government. It never has been. This administration alone has made record numbers of simple but huge mistakes and it is costing taxpayers dearly! I read today about another green gift from Obama that has gone out! A Pittsburgh, Pa. solar energy company has shut its doors four years after receiving nearly $10.2 million in tax credits from the Obama Administration as part of the American Reinvestment and Recovery Act.

Flabeg Solar U.S. Corp., a $30 million solar plant located near the Pittsburgh International Airport, opened its doors in 2009 and was said to provide 300 jobs. Now, just four years later, the plant has shut down and laid off more than 60 workers. In addition to this, 10 of its former employees have petitioned a federal judge for severance pay after they lost their jobs last month, according to PA Independent. We need a lot less government HELP???

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Apr-08-13 9:07 PM

Chapter 11 bankruptcy filings by physician practices have spiked recently, noted Bobby Guy, co-chair of the American Bankruptcy Institute's health care committee, who tracks bankruptcy trends tied to distressed businesses. Guy said there were at least eight filings in recent weeks, which he said was "very unusual." Five years ago, Plantation, Fla.-based bankruptcy attorney David Langley didn't have a single doctor as a client. Since then he's handled at least six bankruptcy cases involving doctors. Two current clients -- an orthopedic surgeon and an OB/GYN -- also are in bankruptcy.

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Apr-08-13 9:29 PM

Sorry, TOT, but this is where we disagree. If you want to talk bankruptcies, then you have to acknowledge that the majority of the personal bankruptcies in the US are due to medical bills, and the majority of those folks had health insurance.

Health insurance in this country is a sham. As soon as I hit 60, my premiums doubled. Then, I was declined insurance because of a pre-existing condition (high blood pressure).

The ONLY answer is to socialize the whole health care system in the US. Until then, I will join the tens of thousands of other Americans and travel out of the country for health care.

The American answer is not to always let the market handle it. Not when the market is toying with people's lives.

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Apr-08-13 9:48 PM

I love it! Law's cost unknown An editorial based on speculation to bash the current administration. How about, Republican Party future unknown due to the actions of John Boehner!

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Apr-08-13 11:33 PM

Skrocki, are you one of Barry's Kool-ade drinking sheeple ??

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Apr-09-13 2:27 AM

I can't buy insurance at any price, Portnoy. I'm one of those with a pre-existing condition. And in 2007, I was paying $550 a month through the Fulton County Chamber of Commerce. You have a pretty attractive rate. Teacher?

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Apr-09-13 2:33 AM

Oh sorry, Portnoy, let me clarify. New York State is one of those rare socialist states where your health insurance premium can't be based on age or pre-existing conditions. That's one reason your premium is artificially low, because you're subsidized by everyone else. Move out of NY and it's a different story, where insurance companies can charge you based on your age and pre-existing conditions, or deny you coverage entirely. Hence the health crisis in the US, and Obamacare.

I'm hoping to buy insurance again once I move back to NY in May. It depends on the price, but I know it will be much more than what you're paying.

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Apr-09-13 10:23 AM

Any way you shape health care costs for the average worker are going to go up in 2014. I will be very surprised if it is not substantially (25% or more). As for national healthcare I am for it as long as it is for everyone without any preferential treatment. Chuck Schumer should get the same care as I do. No exceptions.

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