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Archive for the ‘Healthcare’ Category

‘Medicare For All’ = High Taxes, High Costs

Posted by FactReal on November 5, 2018

‘MEDICARE FOR ALL’ PLAN = A COSTLY & DANGEROUS DELUSION
that has failed where it has been tried.

“The sheer magnitude of the cost of a “single payer” system—and the taxes required to finance it—should come as a sober warning to taxpayers: Under a single payer model you’ll be paying more than you ever expected,” warns the Daily Signal[1].

GARGANTUAN COSTS
Here is a summary of the Daily Signal article:

Enormous cost of Bernie Sanders’ proposal:
♦ The liberal Urban Institute estimated that the 10-year costs would amount to a stunning $32 trillion.
♦ The Mercatus Center at George Mason University put the cost at $32.6 trillion.
(They made generous concessions and accepted Sanders’ assumptions that the proposal would also generate savings, such as massive payment reductions to doctors and other medical professionals.)
♦ Professor Kenneth Thorpe of Emory University, a former adviser to President Bill Clinton set the 10-year price tag at $24.7 trillion. (He used different assumptions.)

State versions found similar high costs if they enacted a state “single payer” program:
♦ In Florida: The state would have to increase its sales tax from the current 6% to 39% to meet the increase in spending.
♦ In Maryland: It would cost Maryland taxpayers $24 billion per year.
♦ In North Carolina: The total cost of the proposal would hit $72 billion, of which the state would bear $41.9 billion in cost.
♦ In California: A report concluded that the cost would total $400 billion and the state would have to raise $200 billion in new taxes.

MORE TERRIBLE FLAWS
Investor’s Business Daily (IBD)[2] also reported there are more terrible flaws with Bernie Sanders’ government takeover of heath care (a.k.a.”Medicare for all”) besides the gargantuan price tag.

Here is summary of the IBD report:
♦ “Medicare for all” would nearly double the size of the already bloated federal government.
♦ Doubling corporate and individual income taxes wouldn’t cover the costs.
♦ Unrealistic assumptions: Some studies found that Sanders plan would add $32.6 trillion to federal spending in its first 10 years, with costs steadily rising from there. However, the author of the studies made unrealistic assumptions about so-called savings under Sanders’ plan:

The first is a massive cut in payments to providers. Sanders wants to apply Medicare’s below-market rates across the board, which would amount to a roughly 40% cut in payments to doctors and hospitals. Blahous [of the Mercatus Center] figures this will save hundreds of billions of dollars a year.

But cuts of that magnitude would drive doctors out of medicine and hospitals out of business, since the only way providers can afford Medicare’s cut-rate reimbursements today is by charging private payers more.

The study also assumes that shoving everyone into a government health care plan would cut administrative costs by $1.6 trillion over the next decade and prescription drug costs by $846 billion. Neither of those are likely, and wouldn’t make much of a difference in overall spending anyway. Private insurance overhead accounts for about 6% of national health spending, and drugs less than 10%.

There’s also the fact that every other federal health program has seen costs explode “unexpectedly” after they were enacted. The per-enrollee cost of ObamaCare’s Medicaid expansion, for example, is almost 49% higher than expected. Medicare itself cost nearly 10 times as much as projected in its first 25 years.

♦ ‘Medicare for all’ means shortages and long waits:
“The only way to control health spending would be to slap stiff price controls on doctors, hospitals and drugs, or ration care,” says IBD.

In the U.S., we would see:
– Chronic shortages of doctors nationwide.
– Hospital overcrowding would be epidemic.
– Waits for everything from hip replacements to cataract surgery to cancer treatments would be extensive.
– Drug innovation would come to a virtual standstill.
– There would be endless fights over the size of the government’s health budget, along with massive amounts of waste, fraud and abuse.

“[T]his is precisely what’s happened in countries that have already gone down the “Medicare for all” road,” reports IBD while giving us some examples:

In Canada:
– The average wait time for a hip replacement is nearly two years in some provinces.
– Patients with cataracts can end up waiting a year for surgery.

In the UK:
– The UK has fewer doctors, nurses and hospital beds per capita than any other industrialized nation, and is in a state of almost constant crisis.

The Veterans Heath Administration:
– The Veterans Health Administration — once touted by the left as a model of socialized medicine — has seen deadly delays and massive corruption, even as its budget ballooned in size.

♦ Socialized medicine and central planning’s Failures:

We already know central planning never works, since it has miserably failed where it’s been tried. It didn’t work in the Soviet Union. It doesn’t work in North Korea or Cuba, and it’s causing untold misery in Venezuela.

“Medicare for all” isn’t just wishful thinking. It’s a dangerous delusion.

SOURCES:
– The Daily Signal, “Some State Officials Want to Adopt Bernie-Style Health Care. Here’s What It Would Cost” (Nov. 4, 2018)
https://www.dailysignal.com/2018/11/04/some-state-officials-want-to-adopt-bernie-style-health-care-heres-what-it-would-cost/

– ‘Medicare For All’ Would Cost $32.6 Trillion, And That’s Not Even The Worst Of It (July 30, 2018)
https://www.investors.com/politics/editorials/medicare-for-all-32-6-trillion-dollars-socialized-medicine/

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Sarah Palin calls GOP Health Care Bill: Socialism, RinoCare (3/11/2017)

Posted by FactReal on March 13, 2017

This past Satuday, Sarah Palin during an interview with Breitbart News Saturday said:

“I do want to speak about this, but I am tempted to say not another word from our fearless leaders about this new form of Obamacare that I’m going to call RINO-care — not another word from them until we are definitively told that there is no provision whatsoever allowing Congress to exempt itself whatsoever with this law,” Palin said. “As with anything else mandated by Congress, every single dotted I and crossed T better apply to them, too, and not just the people who they are lording this thing over becuse remember this is government-controlled health care, the system that requires enrollment in an unaffordable, unsustainable, unwanted, unconstitutional continuation of government-run medicine, and even in this new quasi-reformed proposal, there is still an aspect of socialism. That’s the whole premise here.”

Palin expressed serious concern with the fact that Ryan’s healthcare bill does not eliminate Obamacare’s individual mandate. It just shifts the mandate—which requires all Americans to purchase a health insurance plan even if they do not want one. Under Obamacare, those who do not comply, pay a tax to the federal government. Under Ryan’s plan, those who not comply, pay a fee to the insurance companies.

Listen to the full interview:
Exclusive — Sarah Palin on Paul Ryan’s ‘RINO-Care’: ‘Socialized Medicine’; President Trump Will ‘Step In and Fix It’
#http://www.breitbart.com/big-government/2017/03/11/exclusive-palin-paul-ryans-rino-care-socialized-medicine-president-trump-will-step-in-fix/

RELATED:
Republican Health Care Proposal (link)
Mark Levin on GOP Health Care bill (3/8/2017)
Mark Levin on GOP Health Care Bill (3/9/2017)
Michelle Malkin on GOP Health Care Bill (3/9/2017)

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Michelle Malkin on GOP Health Care Bill (3/9/2017)

Posted by FactReal on March 10, 2017

(Hat tip: #http://video.foxnews.com/v/5353178686001/?#sp=show-clips)

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Conservative Review: 20 Ideas to Erase ObamaCare

Posted by FactReal on March 10, 2017

The first thing Republicans should do is to stop the government mandate to purchase insurance. It’s incredible that the Obama administration and Democrats forced Americans to buy health insurance or pay a penalty.

Conservative Review listed these 20 ideas to crush Obamacare and cure America’s health care crisis:

Health care reforms
1. End the medical malpractice boondoggle
2. Allow hospitals to turn away non-urgent illegal aliens
3. Offer a tax deduction for those providing health care to indigents
4. Reform FDA approval process … big time
5. Make more drugs available over the counter
6. Stop boxing out specialty hospitals with burdensome certifications
7. Expand who can deliver care so health providers have to compete for the customer
8. Promote telemedicine and other modern delivery systems
9. Break the AMA monopoly on medicine and prevention of for-profit healthcare
10. Repeal the HIPAA regulatory leviathan
11. Encourage health care providers to post prices online

Health insurance reforms
12. Tear down regulations
13. Promote health status insurance to deal with pre-existing conditions
14. Stop socially engineering employer-based insurance through the tax code and treat it the same as individual plans
15. Allow unlimited Health Savings Account spending
16. Let consumers and employers purchase health insurance plans across state lines
17. Permit individuals to pool together for group insurance
18. Change antitrust laws so Big Pharma’s stranglehold on competition is destroyed
19. Make Medicaid work with the market, not destroy it
20. Allow affluent seniors to opt out of Medicare

See details at: https://www.conservativereview.com/commentary/2017/03/20-ideas-to-crush-obamacare-and-cure-americas-health-care-crisis#sthash.cv6QMbkv.dpuf

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Mark Levin on GOP Health Care Bill (3/9/2017)

Posted by FactReal on March 10, 2017

Mark Levin 3/9/2017: Paul Ryan is way off on RINOcare; Republicans have blown it on Obamacare repeal!

READ MORE:
#http://www.marklevinshow.com/2017/03/09/march-9-2017/

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Mark Levin on GOP Health Care bill (3/8/2017)

Posted by FactReal on March 10, 2017

Mark Levin 3/8/2017: RINOcare will create a massive amount of regulation and will hurt the economy

READ MORE:
#http://www.marklevinshow.com/2017/03/08/march-8-2017/

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