CBO: Obamacare costs less than expected

Discussion in 'Politics, Religion, Social Issues' started by citizenzen, Mar 12, 2015.

  1. citizenzen macrumors 65816

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    #1
    Obamacare appears to work, or as the White House spokesman said ...

    Good news, right?

    Expecting blowback in 3 ... 2 ... 1 ...
     
  2. jnpy!$4g3cwk macrumors 65816

    jnpy!$4g3cwk

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    #2
    I'm expecting the Republicans to start complaining bitterly how Obamacare is shortchanging big for-profit hospital chains and big pharma.
     
  3. chown33 macrumors 604

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    #3
    That should be easy to check. Just look up their corporate profit/loss reports.
     
  4. citizenzen thread starter macrumors 65816

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    #4
    No blowback so far.

    Everybody must be happy about the good news.

    Obamacare has brought the nation together.

    :)
     
  5. iBlazed macrumors 68000

    iBlazed

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    #5
    In my opinion the Affordable Care Act is one of the most important, beneficial, and well thought out laws in the history of this country. The legacy of Obamacare will be a positive one.
     
  6. aaronvan Suspended

    aaronvan

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    #6
    Well there's an unbiased source. :rolleyes:
     
  7. citizenzen thread starter macrumors 65816

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    #7
    What is wrong with his quote?

    Please be specific.
     
  8. aaronvan Suspended

    aaronvan

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    #8
    He was the source of the quoted quote.
     
  9. citizenzen thread starter macrumors 65816

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    #9
    Sorry. I edited my post before I saw your follow-up.

    Please describe what is wrong with his statement.
     
  10. aaronvan Suspended

    aaronvan

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    #10
    Grammatically, it's fine. It lacks truthiness, however, in claiming that health care cost growth is going down.
     
  11. citizenzen thread starter macrumors 65816

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    #11
    "holding down the growth"

    Or, in other words ... slowing the rate of growth.

    You believe that's untrue?
     
  12. aaronvan Suspended

    aaronvan

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    #12
    I don't believe any claims made this early in the implementation of the ACA.
     
  13. MacNut macrumors Core

    MacNut

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    #13
    Wouldn't the growth rate go up with all of the new policies and insured people? Why would they want the growth rate to go down?
     
  14. citizenzen thread starter macrumors 65816

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    #14
    So you don't believe the CBO?

    ----------

    The growth rate refers to the cost of healthcare, which can be broken down to a rate. We're not talking about growth rate in terms of the number of people covered.
     
  15. aaronvan Suspended

    aaronvan

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    #15


    It's only an estimate. Like I said, I'll wait a few years until we have hard numbers.
     
  16. MacNut macrumors Core

    MacNut

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    #16
    I don't see the costs going down that hospitals are charging or drug companies are charging. So what rate going down are they talking about?
     
  17. citizenzen thread starter macrumors 65816

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    #17
    So you don't want Obamacare to be repealed?

    You prefer it stay in place for a number of years to see how it works?

    ----------

    Nobody said cost are going down.

    The statement was that the rate of INCREASE has slowed.

    See the difference?
     
  18. MacNut macrumors Core

    MacNut

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    #18
    Has it slowed or just been transferred. Right now more people are insured. But those out of pocket deductibles haven't really been put to the test. This new system has not been stress tested yet.
     
  19. gibbz macrumors 68030

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    #19
    Much in the same way that people confused a reduction in the deficit with the total amount of debt. "Our debt is increasing." ... "Yes, but the rate of increase has been substantively slowed."
     
  20. tgara macrumors 6502a

    tgara

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    #20
    I think that's right. From my reading of the report itself, although CBO has changed many of its projections for Obamacare, little of the difference is actually attributable to Obamacare. Obamacare is now projected to cost less than CBO projected in January, but it is because of factors outside of the law—not because Obamacare contains miraculous cost-saving policies.
     
  21. jkcerda Suspended

    jkcerda

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    #21
    pretty hard to afford those out of pocket deductibles, so you are insured, you simply might not be able to afford to be seen
    [​IMG]

    MY kaiser plan is on the left, Obama care plan on the right with the line going through it.
     
  22. diane143 macrumors 6502a

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    #22
    My premium went up $200/mo and I still have a substancial deductible. It remains to be seen how it plays out - I had a specialist visit 6 weeks ago that still hasn't shown up in my claims list.

    My beef is that it wasn't supposed to change anything for people that already had insurance. My state already had many of the requirements that the new laws put in. Yet my old plan was axed and my choices are either catastrophic insurance (that I can afford) or something a little better that I cannot.
     
  23. MacNut macrumors Core

    MacNut

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    #23
    Obamacare looks nice on the surface. Look you can afford health care, see how low those premiums are. Lets pat ourselves on the back for a job well done we insured America. But in reality, once people really need to use these plans they can't afford to. They went after the low income people and said, you need to buy insurance look this is something cheap you can afford. While they have no idea how a deductible works. So what we end up with is a house of cards that could collapse if a bunch of people get sick all at once.

    This is a feel good law that doesn't do a damn thing to fix healthcare.
     
  24. obeygiant macrumors 68040

    obeygiant

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    #24
    At least health care is getting more expensive slower! :rolleyes:

    I'm self employed and health insurance costs me $12,000 per year. If it was $9000 a year I might be able to afford a vacation.
     
  25. aaronvan Suspended

    aaronvan

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    #25
    Sure, let's see how it works. Frankly, the only way to rein-in health care costs is single-payer but I don't see that happening any time soon.
     

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