"You are already seeing the crumbling of the conservative healthcare rheotric just like on every apocolyptic prediciton they've made since Obama took office. "
Are these lies?
1) All entitlement programs cost more than anticipated - see medicare liability
2) All entitlement programs overestimate the revenue (which in this case may even be unconstitutional)
3) This is based on a 10 year projection using 10 years of revenue but only 6 years of costs. Once the program extends past 10 years it becomes a loser
4) It is dependent on the 25% cut in medical reimbursements in Medicare which has already been deferred twice already
5) Companies such as AT&T & Caterpillar have indicated they would rather pay the $2,000 penalty & have employees go on the subsidized plan, thus putting more people in these programs & increasing costs.
6) The bill assumes young employees will opt into these plans increasing the premium revenue; when in fact they may roll the dice and stay out of the plans until necessary.
7) cbo estimates excludes the increase in fed employees to manage this program
8) cbo also allows double counting of medicare savings, by saying the program will save money on medicare and at the same time reduces the cost of obamacare. These are 2 different programs & you can only save the money in one place
9) It does not factor in the increased cost to the already cash strapped states for increased Medicaid expenses
10) Much of obamacare is based on the Mass program which is bankrupt
Are these lies?
1) All entitlement programs cost more than anticipated - see medicare liability
2) All entitlement programs overestimate the revenue (which in this case may even be unconstitutional)
3) This is based on a 10 year projection using 10 years of revenue but only 6 years of costs. Once the program extends past 10 years it becomes a loser
4) It is dependent on the 25% cut in medical reimbursements in Medicare which has already been deferred twice already
5) Companies such as AT&T & Caterpillar have indicated they would rather pay the $2,000 penalty & have employees go on the subsidized plan, thus putting more people in these programs & increasing costs.
6) The bill assumes young employees will opt into these plans increasing the premium revenue; when in fact they may roll the dice and stay out of the plans until necessary.
7) cbo estimates excludes the increase in fed employees to manage this program
8) cbo also allows double counting of medicare savings, by saying the program will save money on medicare and at the same time reduces the cost of obamacare. These are 2 different programs & you can only save the money in one place
9) It does not factor in the increased cost to the already cash strapped states for increased Medicaid expenses
10) Much of obamacare is based on the Mass program which is bankrupt