CBO: ObamaCare will increase prescription plan premiums 20%

posted at 11:36 am on September 4, 2009 by Ed Morrissey

The White House wants to cure the “doughnut hole” problem in Medicare Part D by closing the gap between coverage limits and caps on out-of-pocket expenses. Expanding the coverage means hiking premiums on seniors enrolled in the program, though, a condition that the Obama administration and its allies in Congress have not yet revealed. CBO directer Douglas Elmendorf outlined the projected fee hikes in a letter to Rep. Dave Camp, the ranking Republican on the House Ways and Means Committee (via Yid With Lid):

Overall, CBO estimates that enacting the proposed changes would lead to an average increase in premiums for Part D beneficiaries, above those under current law, of about 5 percent in 2011. That effect would rise over time and reach about 20 percent in 2019. Beyond the 10-year budget window, the premiums would increase slightly more until the doughnut hole was eliminated in 2022; beyond that point, enrollees’ premiums would grow along with the cost for covered drugs. As already noted, the proposed changes would also reduce beneficiaries’ average cost sharing and their average total drug spending. The net effect on drug spending would differ among beneficiaries depending on the amount of their purchases in a year.

Spending would decrease on average as the doughnut hole closes — but that doesn’t happen until 2022. Until it does, the premiums would continue to increase past the 20% mark. Meanwhile, as the doughnut hole closes, people would spend less on drugs, but only those who ended up in the doughnut hole at all. One has to buy $2700 in prescription medication to fall into the hole, and spend an additional $1600 to crawl out of it. Not everyone spends $2700 in prescriptions — but everyone will pay the higher premiums.

What happens to drug prices? The current formulary will be price controlled, thanks to the deal that the pharmaceutical industry made with Obama, but new drugs will become more expensive (emphases mine):

Drug manufacturers would be constrained from increasing prices for existing drugs but could offset the rebates they would be required to pay for full-benefit dual eligible individuals by charging higher prices for new drugs—particularly for “breakthrough” drugs (the first drugs that use new mechanisms to treat illnesses). In addition, manufacturers would probably lower the rebates they pay to prescription drug plans. Although they would continue to have an incentive to provide rebates in exchange for having their products designated as “preferred” on the plans’ formularies—which leads to higher volumes of sales—the rebates would probably decline relative to their amounts under current law because the benefit to the manufacturers of those added sales would be reduced by the new discounts and rebates they would have to provide. Those responses would lead to an increase in beneficiaries’ premiums, CBO estimates, and they would also lead to an increase in beneficiaries’ payments for cost sharing.

Of course, many people in Medicare have opted to solve the doughnut hole by enrolling in Medicare Advantage plans, including my wife. The better plans cover the doughnut hole, as well as expanding the providers available to us while limiting the out-of-pocket expenses. Obama wants to dismantle Medicare Advantage in order to pay for his reforms — such as the doughnut-hole solution already provided by the private sector.

The more one looks at ObamaCare, the worse it looks.


Related Posts:

Breaking on Hot Air

Blowback

Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.

Trackbacks/Pings

Trackback URL

Comments

I’m from the government and I’m here to help. (They probably can’t even say that anymore with a straight face.)

Christian Conservative on September 4, 2009 at 11:39 AM

20% times an average prescrip (which is around 40 bucks) = 42.00.

Seems like nothing if you are healthy. But imagine if you have a very expensive one? Or the fact that you are elderly and can’t afford it?

My Mom has a special med for her heart. Without insurance the month long prescrip is 900.00, with the insurance it is 170.00. I wouldn’t be able to afford her prescrips. :(

upinak on September 4, 2009 at 11:40 AM

Alert: The August Coup has failed.

faraway on September 4, 2009 at 11:40 AM

All I can think of now is doughnuts, wish I had one.

Maybe the Obama Administration should shelve all of these stupid plans and just provide universal access to doughnuts.

NoDonkey on September 4, 2009 at 11:41 AM

Obama wants to put everyone in a hole – it’s the only fair way.

OldEnglish on September 4, 2009 at 11:42 AM

I’m from the government and I’m here to help.

Great, let me help you out.

Which way did you come in?

NoDonkey on September 4, 2009 at 11:42 AM

CBO: ObamaCare will increase prescription plan premiums 20%

How can this be? They told me it was free!!!!!!!!!!!!!!!

rukiddingme on September 4, 2009 at 11:42 AM

“ObamaCare will increase prescription plan premiums 20%”

Brought to you by people who are exempt from the program and can vote themselves a pay raise…

… Had enough yet?

Seven Percent Solution on September 4, 2009 at 11:42 AM

The more one looks at ObamaCare, the worse it he looks.

FIFY

ted c on September 4, 2009 at 11:42 AM

Kill Obamacare. Kill it now.

It is obvious to all but the most passionate Obamatron that this Bill will cost billions more than advertised and will provide less and less at a far far greater expense.

With all the backpeddling, all the new tweaking, and the contradictory verbiage coming from the Hill and the WH, it is clear that they are winging it now…they have to pass a bill, any bill, just to maintain the fiction that the Emperor is wearing clothing.

No matter the cost to the American on the local street, Obama must succeed…at any cost. If Obama loses this one, it’ll be a long long Lame Duck Obama Presidency…1234 days until a new President is sworn in.

coldwarrior on September 4, 2009 at 11:43 AM

Obama wants to dismantle Medicare Advantage in order to pay for his reforms — such as the doughnut-hole solution already provided by the private sector.
The more one looks at ObamaCare, the worse it looks.

….I hear there’s going to be a riot at the local Dennys….the perps will be gray-haired domestic terrorists….around 4 pm.
The more you know, the more you want to beat the stupid out of obama voters.

HornetSting on September 4, 2009 at 11:43 AM

I read this an it was slightly confusing. Idealy Medicare program (if we “have” to have one):
- Next year Medicare will collect X dollars in taxes.
- Next Year Medicare will have Y people elgible for the program.
- Next year each Medicate recipient will get X/Y dollars to help purchase an insurance plan of their choice.

WashJeff on September 4, 2009 at 11:43 AM

Elmendorf 2012!!!!!!!!

Ted Torgerson on September 4, 2009 at 11:43 AM

Michelle Obama:

Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed.

daesleeper on September 4, 2009 at 11:43 AM

ObamaCare- Prescription for Disaster.

With all of the proposed tax increases to pay for it, the only thing it will cure is wealthiness.

ICBM on September 4, 2009 at 11:43 AM

It could be worse. Biden could be acting president through all this debacle while Obama remains on the vacation that never ends!

Oh wait…http://tinyurl.com/knrflh

Orange Doorhinge on September 4, 2009 at 11:43 AM

Pain as promised on the campaign trail.

daesleeper on September 4, 2009 at 11:44 AM

facts, figures, reason disprove Obama, you don’t say.

rob verdi on September 4, 2009 at 11:44 AM

How can this be? They told me it was free!!!!!!!!!!!!!!!

rukiddingme on September 4, 2009 at 11:42 AM

this free stuff is sure getting expensive.

ted c on September 4, 2009 at 11:45 AM

Good news abounds. I visited FireDogLake for a bit and they are seething. Even though my eyes are bleeding it is nice to know the USS Liberal is continuing to get bashed on the rocks of reality.

DanMan on September 4, 2009 at 11:46 AM

Barack will never allow you to go back to your lives as usual, uninvolved, uninformed.

daesleeper on September 4, 2009 at 11:43 AM

You must work for Michelle, stop informing me of this. ;-)

WashJeff on September 4, 2009 at 11:47 AM

“Mr. President, we’ve got to shut down the CBO.”

“Yeah, we’re workin’ on that.”

Rational Thought on September 4, 2009 at 11:49 AM

I have some good news and I have some bad news:

- The good news is those who qualify for the no-more-than-COLA-increase protection in Medicare Part D (roughly 75%) wouldn’t see an additional increase.

- The bad news is the roughly 25% who don’t qualify for the no-more-than-COLA-increase protection in Medicare Part D would see not a 20% increase but an 80% one.

steveegg on September 4, 2009 at 11:49 AM

Take a pain pill. Oh, and that pain pill will cost 20% more.

Yes we can.
Hope.
Change.
We are the ones we’ve been waiting for.

portlandon on September 4, 2009 at 11:50 AM

Although they were not told the truth, Seniors instinctively knew that they were going to pay for BO’s health care reform.

d1carter on September 4, 2009 at 11:50 AM

Of course we all know the CBO is a right wing terrorist group.

Conservative
Bias
Organization

Right?

/s

VibrioCocci on September 4, 2009 at 11:51 AM

The more information that comes out, the worse it looks, I agree.

No wonder at all Bama wanted the thing passed without review.

Incompetent? No, I don’t think so.

Intent on socializing as much of the economy and life in America as possible? You are getting much warmer…

Van Jones is a zero on economics, if you take down his faux Marxism. But he’s a “jobs” czar. All he has to add to the mix is racism and Marxism, so the goal has to be “jobs” according to that lense.

Bama only looks stupid if you think his intentions are good. They are not.

Harry Schell on September 4, 2009 at 11:52 AM

this free stuff is sure getting expensive.

ted c on September 4, 2009 at 11:45 AM

I have no doubt the trolls like simpleminded, crr6, drywall, and others will not mind picking up the tab for all the rest of us.

rukiddingme on September 4, 2009 at 11:52 AM

So now what is the genius going to tell Congress next week? What will he say that’s new? Nothing. He’s got nothing. This is getting pathetic.

JAM on September 4, 2009 at 11:52 AM

Bloody awesome.

If this guy were GOP, the MSM would have already harrangued him out of town and we’d be talking about the transition to the V.P. and how that was going.

It is funny in a way but very, very worrisome at the same time.

JoeinTX on September 4, 2009 at 11:52 AM

I’m from the government and I’m here to help. (They probably can’t even say that anymore with a straight face.)

Christian Conservative on September 4, 2009 at 11:39 AM

Yes, they can. Lies and delusion are liberals’ stock in trade.

Liam on September 4, 2009 at 11:52 AM

Elmendorf to be replaced with a czar in 3,2….

farright on September 4, 2009 at 11:53 AM

Zero and his pitbull (wife) telling us what they’ll allow us to do. She still hasn’t put down the crack pipe.

pcpower1 on September 4, 2009 at 11:53 AM

If not for the CBO and Glen Beck, where would we be?

d1carter on September 4, 2009 at 11:54 AM

If not for the CBO and Glen Beck, where would we be?

d1carter on September 4, 2009 at 11:54 AM

Singing songs for dear leader. Thank you, GB and CBO.

HornetSting on September 4, 2009 at 11:55 AM

If not for the CBO, Palin, and Glen Beck, where would we be?

d1carter on September 4, 2009 at 11:54 AM

FIFY

Unafraid, indeed.

faraway on September 4, 2009 at 11:56 AM

So I pay the out-of-pocket plus the extra out-of-pocket, pay for ‘the plan’, then throw in whatever doctors visits cost, plus tests (you know there will be more tests with any government ‘help’ rather than less to be more ‘efficient’), then nominal co-pays, then the nickel and dime stuff like medications not cleared by ‘the plan’…so broke by SEP or OCT every year, then.

Seems that it is a jelly filled donut they are squeezing and the ‘hole’ they close is to get the filling out of the people in the plan.

Remind me why going broke for a government plan on a fixed income, even with all sorts of goodies and bonuses, is so much better than a private plan?

Oh, and I get to PAY TAXES TOO!

Because I’m not POOR, donchyaknow?

Thus no help for food, keeping a roof over my head, paying the bills… what a swell government we got and such good hearted folks wanting to ‘help’ those who can’t ‘afford’ health care. I can afford it now and couldn’t under any government ‘plan’.

I can also afford ammo, when its available, TYVM. I am ever grateful to the defunct USSR and its satellite States having so much good ammo to sell off….

ajacksonian on September 4, 2009 at 11:56 AM

we mentioned this to Rep Mitchell just this morning, the Part D deal TOTUS cut with phRma and we said no public plan, and we asked how the hexx family court will handle the influx of child support cases for people if they extend coverage to kids to age 26 on parents plans…deadbeats wont suddenly start covering their kids by getting insurance as court ordered when the kid was a minor just b/c TOTUS inspires them, it is an added burden to family courts..

and we threw housing and Fannie Mae in there too

lots of nodding and agreeing and saying no no we dont want UK or Canada here we need a different way…

basically it was a way to speak to him and make SURE he knows how his constituents feel, we made sure to tell him we are 24 and 22 yr Dems and that the spending is out of control and we are voting GOP now as a result..

he voted no on cap and trade, he got a pass form Pelosi as his seat is certainly NOT safe

ginaswo on September 4, 2009 at 11:57 AM

20% times an average prescrip (which is around 40 bucks) = 42.00.

upinak on September 4, 2009 at 11:40 AM

You sure about that?

LastRick on September 4, 2009 at 11:58 AM

oh yes and this was at our son’s flag raising ceremony at his elementary school this mornign, our critter had NO town halls!

ginaswo on September 4, 2009 at 11:58 AM

More Hope & Change for every lunie who voted for this lying freak.

bluegrass on September 4, 2009 at 11:58 AM

once more I thank GAWD TOTUS promoted Orszag to OMB chief, if not he would be sitting still as head of CBO rubber stamping all TOTUS’ plans…it was our best promotion evah!

ginaswo on September 4, 2009 at 11:59 AM

Sheik Barack al-Husseini ibn Obooba still at –11.

Wonder how long it’ll be before the Sheik lashes out like a cornered critter, or alternatively, if he even has the energy to do so.

Akzed on September 4, 2009 at 11:59 AM

So, Ed, why does the letter say this:

“In return for those higher premiums, enrollees would receive greater protection against incurring high drug costs. As a result, beneficiaries’ spending on prescription drugs apart from the premiums would decrease, on average. That reduction in cost sharing would outweigh the increase in premiums, again on average, because of the subsidies provided by the federal government—so beneficiaries’ total prescription drug spending would fall on average.”

Remember that the 20% increase is an increase in the premiums, not precription prices, and it’s not clear to me if it’s net of inflation.

Jimbo3 on September 4, 2009 at 12:00 PM

20% times an average prescrip (which is around 40 bucks) = 42.00 48.00.

Seems like nothing if you are healthy. But imagine if you have a very expensive one? Or the fact that you are elderly and can’t afford it?

My Mom has a special med for her heart. Without insurance the month long prescrip is 900.00, with the insurance it is 170.00. I wouldn’t be able to afford her prescrips. :(

upinak on September 4, 2009 at 11:40 AM


FIFY

DoS_Conservative on September 4, 2009 at 12:02 PM

You think that is bad….look what is in the Seante bill. what till the seniors get aload of this:

Many of you sent emails and made phone calls to your Senators urging them to oppose the 20% Medicare lab copay proposal in response to our July 31 grassroots memo. I appreciate your efforts, and several key Senators have confirmed that they oppose the copay idea. Unfortunately, as the August recess for Congress is drawing to a close, the copay proposal is still on the table in discussions among the six Senators negotiating a health reform package in the Senate Finance Committee.When Congress convenes again on September 8, health reform will continue to be in the spotlight, the Senate Finance Committee will be on center stage, and the final act will be drawing near. Our best chance to defeat the copay proposal is to keep it out of the bill that the Finance Committee plans to introduce, and to do that, we need to do everything we can to make our 28,000 voices heard loudly and clearly in every office in the U.S. Senate that the lab copay idea is unacceptable.
If enacted, this proposal would result in 20% of Medicare Clinical Laboratory Fees being shifted to senior citizens. We would then have to collect this money from seniors, many of whom live on fixed or limited incomes and would probably forego important lab testing. Is this really how we want to “reform” health care?

unseen on September 4, 2009 at 12:03 PM

Only two possible conclusions.

1. CBO is lying.
2. CBO is racist.

Wait until you get both the tax increase and a big hike in your premiums.

As I have tried to point out, there are NO COST SAVINGS in HR3200 only bigger and less efficient government.

jukin on September 4, 2009 at 12:04 PM

they would be required to pay for full-benefit dual eligible individuals by charging higher prices for new drugs—particularly for “breakthrough” drugs (the first drugs that use new mechanisms to treat illnesses).

These are the drugs that are breaking peoples backs. The standard stuff isn’t that expense because it has been around so long and there are generics to compete. The new stuff is horribly expensive because it is new and it costs so much to develop.

Dad picked up one of his prescriptions at Walmart and was told the cost was “four ninety five”. There was no decimal! Dems are just helping to drive up everyone’s out of pocket expenses and causing the truly burdensome costs to skyrocket.

Thanks Obama!

Laura in Maryland on September 4, 2009 at 12:06 PM

So basically, those 80B in cuts from the drug companies are actually going to come from higher premiums.

So Obama is going to save seniors money by charging them more. That sounds about par for the course from this government’s math.

ThackerAgency on September 4, 2009 at 12:07 PM

CBO = Criticizing Barack Obama

Racists!

(apologies if anyone else had this first).

Laura in Maryland on September 4, 2009 at 12:07 PM

If enacted, this proposal would result in 20% of Medicare Clinical Laboratory Fees being shifted to senior citizens. We would then have to collect this money from seniors, many of whom live on fixed or limited incomes and would probably forego important lab testing. Is this really how we want to “reform” health care?

unseen on September 4, 2009 at 12:03 PM

If this were enacted, and the co-pay were added to existing standardized Medicare Supplement policies, this would increase the cost of the policies.

ICBM on September 4, 2009 at 12:08 PM

Remember when Michelle Obama said this “The truth is, in order to get things like Universal Health Care and a revamped Education System, the someone is going to have to give up a piece of the pie so that someone else can have more.”?

So much wrong in that statement but at least she did not lie about their intentions.

jukin on September 4, 2009 at 12:11 PM

CBO = Criticizing Barack Obama

Racists!

(apologies if anyone else had this first).

Laura in Maryland on September 4, 2009 at 12:07 PM

+100.

HornetSting on September 4, 2009 at 12:16 PM

uh um you are ah incorrect costs will go down as the senior population “chooses dignity”….

//Ogabe

sven10077 on September 4, 2009 at 12:17 PM

You sure about that?

LastRick on September 4, 2009 at 11:58 AM

Not every state is the same. I pay more due top shipping which I spaced out and added the cost so I am write about my cost. I forgot you all down in the lower 49 don’t have that issue.

upinak on September 4, 2009 at 12:17 PM

FIFY

DoS_Conservative on September 4, 2009 at 12:02 PM

lol thanks.

I need more coffee… only 8ish am here.

upinak on September 4, 2009 at 12:18 PM

Expect to see security guards at your local CVS in the not too distant future.

Obama was right about job creation! Unfortunately the cost of security will be passed on to the consumer. Do you think Obama knows that’s how the free market works?

What, oh what, will Obama screw up next?

fogw on September 4, 2009 at 12:18 PM

Drudge says Biden is acting president as Oramadan is in hiding.

Lets see.
1 health reform failing
2 Indoctrination date Sept 8th with big uprising
3. New employment stats further prove he is both a liar and an idiot.

Maybe Biden is the better choice

thanks Drudge

bluegrass on September 4, 2009 at 12:19 PM

He boasted of negotiating $80 billion dollars of cost cuts from drug companies. Where does this money go?

seven on September 4, 2009 at 12:20 PM

fogw on September 4, 2009 at 12:18 PM

you’re right, he thinks everything is free in this market he has created

bluegrass on September 4, 2009 at 12:21 PM

As they say, “if you think it is expensive now just wait until it’s free.” btw 20% of $40.00 is $8.00.

rjoco1 on September 4, 2009 at 12:23 PM

Michelle Obama:

Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed.
daesleeper on September 4, 2009 at 11:43 AM

What she didn’t take into account was that the people that he has forced to engage are against everything he wants to do and in the majority.

thomasaur on September 4, 2009 at 12:25 PM

Remember when they say something will increase 20 percent. What they really mean is it will increase 20 percent more that would it would increase without the legislation. It may have been on track to increase by 20 percent already. In that case the total increase will be 44 percent.

Dasher on September 4, 2009 at 12:28 PM

you’re right, he thinks everything is free in this market he has created

bluegrass on September 4, 2009 at 12:21 PM

Liberals do not understand the Free Market. They think they can make the Free Market actually free. Stuck on stupid.

Holger on September 4, 2009 at 12:30 PM

If they say the increase is 20%, you can bet the real incease will be at least 5 times that after 10 years, and probably much more like 20 time that number.

notagool on September 4, 2009 at 12:30 PM

One has to buy $2700 in prescription medication to fall into the hole, and spend an additional $1600 to crawl out of it.

This is not quite correct. A person’s TOTAL drug spend (what the customer pays in copay PLUS what the government pays) must add to $2,700 in order to fall into the hole. In order to get OUT of the hole, the person must have $4,350 of out-of-pocket expense. Only the copays that the customer spends during the first $2,700 count toward the out-of-pocket. The customer may pay only about $1,000 to get into the hole, but would have to pay a total of $4,350 to get out.

soonerrph on September 4, 2009 at 12:40 PM

I just paid $15.00 for my 3 scripts. I’m like my health care that I pay for through my employer.
Leave it alone Obama.

Geronimo on September 4, 2009 at 12:46 PM

Drudge says Biden is acting president as Oramadan is in hiding.

Lets see.
1 health reform failing
2 Indoctrination date Sept 8th with big uprising
3. New employment stats further prove he is both a liar and an idiot.

Maybe Biden is the better choice

thanks Drudge

bluegrass on September 4, 2009 at 12:19 PM

The picture on Drudge sure looks like he is hiding – something – in his pants. Not doing a very good job of it either.

News2Use on September 4, 2009 at 12:47 PM

No offense, but 1.2 times 40.00 equals $48. And why would prescriptions go up? Wouldn’t it be the Premiums? Assuming that you pay $2000 a year it is more like $2400 for worse care, no privacy, IRS intervention, Rationing, federal bureaucracy, and destruction of the market.

Fun huh?

GunRunner on September 4, 2009 at 12:50 PM

What does Obama care about the elderly? He said his grandma was as much a racist as Wright. And gramps, who served in WW II, was nothing more than a historical reference whom Obama used to get some middle-America cred.

Obama, Van Jones, et al. are simply out to redistribute wealth from whitey to everyone else.

BuckeyeSam on September 4, 2009 at 12:56 PM

Kill the bill. Don’t ‘fix’ it. Kill it.

petefrt on September 4, 2009 at 1:03 PM

He boasted of negotiating $80 billion dollars of cost cuts from drug companies. Where does this money go?

seven on September 4, 2009 at 12:20 PM

The money will coincidentally “reappear” as Democrat campaign contributions.

rukiddingme on September 4, 2009 at 1:06 PM

Of course we all know the CBO is a right wing terrorist group.

Conservative
Bias
Organization

Right?

/s

VibrioCocci on September 4, 2009 at 11:51 AM

Funny how the media said the CBO was “nonpartisan” when their reports contradicted George W. Bush.

20% times an average prescrip (which is around 40 bucks) = 42.00.

Seems like nothing if you are healthy. But imagine if you have a very expensive one? Or the fact that you are elderly and can’t afford it?

If a $40 prescription went up by 20%, the new cost would be $48.00. The 20% increase is worse than you think.

Steve Z on September 4, 2009 at 1:17 PM

I want to thank everyone ahead of time. If ObamaCare and cap and trade passes, I will quit my job. Why work 60 hrs a week to give 80% to government. I figure I will have less cash then someone on welfare. So I will join the gravy train.
I better start visiting some liberal blogs for tips. Does anyone know if Moveon.org pays off the books?
//sarc

conservativegrandma on September 4, 2009 at 1:18 PM

All I can think of now is doughnuts, wish I had one.

Maybe the Obama Administration should shelve all of these stupid plans and just provide universal access to doughnuts.

NoDonkey on September 4, 2009 at 11:41 AM

But donuts have so many calories, Obama will ration them to prevent heart attacks. The donut hole will become a bagel hole (less fattening).

Steve Z on September 4, 2009 at 1:24 PM

uh um you are ah incorrect costs will go down as the senior population “chooses dignity”….

//Ogabe

sven10077 on September 4, 2009 at 12:17 PM

“It would cost as much as it would cost, I can’t hear myself, help me out here, let’s get all pumped up anyway.”

Or something like that. A few billion here and there, who cares?

Steve Z on September 4, 2009 at 1:28 PM

ajacksonian on September 4, 2009 at 11:56 AM

Thank you for your support! I am poor & I guess you will be paying for my comforts! I realllly do appreciate it!
On the other hand-I have stuff. They’ll probably make us sell all our land & stuff so that we can no longer make a living from it.
But on the bright side-if that happens, I can go on welfare!
Who needs stuff when you can have welfare?
/sarc

Badger40 on September 4, 2009 at 1:33 PM

I don’t know if this has been covered already, but, won’t that force people out of their own plans?

If I recall correctly, you can keep your current plan (even if it’s not a government approved plan) as long as the insurance company doesn’t make any changes to the plan. The minute they make a change (such as raising the premiums so they don’t go out of business), the plan is no longer valid unless it’s government approved.

If the companies have to raise the premiums to cover the new expenses forced on them by the government, people will be forced out of their plans and the government will blame it on the insurance companies, not their own hideous policies.

JadeNYU on September 4, 2009 at 1:34 PM

But donuts have so many calories, Obama will ration them to prevent heart attacks. The donut hole will become a bagel hole (less fattening).

Steve Z on September 4, 2009 at 1:24 PM

Heh. I’ve got a hole for Obama…..

Badger40 on September 4, 2009 at 1:34 PM

Heh. I’ve got a hole for Obama…..

Badger40 on September 4, 2009 at 1:34 PM

Scratch that. The hole I’m thinking about isn’t in the ground. It’s anatomical.
Meaning he can kiss mine.

Badger40 on September 4, 2009 at 1:35 PM

Michelle Obama:

Barack Obama will require you to work. He is going to demand that you shed your cynicism. That you put down your divisions. That you come out of your isolation, that you move out of your comfort zones. That you push yourselves to be better. And that you engage. Barack will never allow you to go back to your lives as usual, uninvolved, uninformed.
daesleeper on September 4, 2009 at 11:43 AM

Yeah, I bet now that the TEA Parties are in full swing she regrets making this statement! Read her quote in full… sure sounds like the Conservative grassroots effort to me!

dominigan on September 4, 2009 at 1:38 PM

August was a rough one for Barry and it looks like September is set to be even worse.

Chuck Schick on September 4, 2009 at 1:40 PM

I’m from the government and I’m here to help. (They probably can’t even say that anymore with a straight face.) BEND OVER!

Christian Conservative on September 4, 2009 at 11:39 AM

FIFY

belad on September 4, 2009 at 2:25 PM

Everyone pays.

Ed,

Your caption is a little missleading.

There are currently 41 Million that don’t pay and still get to vote on the largess. Didn’t Joe Biden say that everyone needed to have some skin in the game.

belad on September 4, 2009 at 2:28 PM

No offense, but 1.2 times 40.00 equals $48. And why would prescriptions go up? Wouldn’t it be the Premiums? Assuming that you pay $2000 a year it is more like $2400 for worse care, no privacy, IRS intervention, Rationing, federal bureaucracy, and destruction of the market.

Fun huh?

GunRunner on September 4, 2009 at 12:50 PM

.
They are talking about Medicare Part D which does not cost a lot. Maybe $20/mo depending on the insurer. Pt D is administered by private insurance companies.
.
Many on Medicare also supplement their coverage with private insurance, since the coverage of Medicare is somewhat lacking.
.
Also for those who want universal coverage… Do you still want if there is a monthly premium? There is for Medicare, besides the amount one paid in when they worked, which now is 2.7 percent of the entire payroll of the US, to cover 40 million people.
.
To cover everyone would make the Health Care tax about 20 percent, in addition to income taxes.

Dasher on September 4, 2009 at 2:31 PM

A lot of people complained about this program, but it was a concession Bush made to get Health Savings Accounts and Medicare Advantage. He did insist on curtailing costs by allowing people to deal directly with drug companies rather than government. And the truth is if this plan had not been passed back then, the Obama people might well have gotten some of the older people on board with Obamacare by promising them a drug plan now.

But the truth is Obama wants to get rid of the plan as it is and make it more of a government program and more costly to maintain, and he also wants to get rid of Medicare Advantage and Health Savings Accounts. In other words, he wants to go back in time and get the Democrats what they wanted then and could not manage to pull off.

Terrye on September 4, 2009 at 5:01 PM

Feel the squeeze yet? Keeping us poor through taxes and unhealthy through denial of care. Is this a great country or what?

Kissmygrits on September 4, 2009 at 11:07 PM

It appears that Universal Health Care would effectively boost Medicare tax from 2.9 percent to 19.4 percent. Ouch
.
http://www.mnsd56.com/2009090471/how-much-would-universal-healthcare-cost.html

Dasher on September 5, 2009 at 1:10 AM

The government is going to take all the money “wasted on insurance company profits” and spend it on “health care bureaucrats”.

Difference for the Patients: No longer will you have to appeal and/or possibly sue because of an insurance company health care decision! Insead, there will be no appeal and you won’t be able to sue because of a government health care decision (it’s written into HR 3200).

“Non-profit” does NOT mean “lower cost,” “more efficient,” “better quality,” or “more patient-friendly.”

landlines on September 5, 2009 at 12:18 PM