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CBO Report: Senate Bill will cause Insurance Premiums to increase
Home > Health Care > CBO Report: Senate Bill will cause Insurance Premiums to increase
It’s been awhile since I posted. I got sick. Then busy. Then sick again. (I know, no need to post personal problems.)
Anyway, the latest CBO report on the effect of the Senate’s latest Health Care Reform Bill undermines the arguments being made by the Democrats. The keep saying that the bill will lower Health Costs, but according to the CBO report, insurance premiums for anybody buying a personal insurance policy will face increased insurance premiums.
So much for lower cost.
At least for individuals.
One thing you need to remember in this entire debate, is that certain people have a Government centric view. This is especially true for long time Washington insiders. Meaning most of our elected officials.
To them, as long as the Health Care Cost for the Government go down, that is all that really matters. When these people talk about lowering costs, they’re not talking about your costs.
It gets even worse when you take into account the way the CBO scores things. The CBO makes certain assumptions, and sometimes those assumptions just aren’t realistic.
In the case of the Senate Bll, the CBO neglects to factor in the fact that a large number of healthy individuals will just refuse to purchase health insurance. It just isn’t worth it. Not when the bill guarantees your ability to purchase insurance after you get sick and caps the premiums Insurers can charge.
Insurance premiums for everyone will go up once you factor those provisions in.
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daddams16007
about 8 months ago
With the major insurance companies stuffing the back pockets of both the physicians and the politicians, it is astounding that any health care reform may actually happen. We need our “health care” to change as much as we need the regulation in within the insurance industry. According to Eva Mor author of (Making the Golden Years Golden), “The administration of the existing health delivery system is bloated with waste and unnecessary cost. If information was shared by all providers of health services and all insurers by using computerized systems to store all medical records, it would cut costs and reduce errors that would save and improve lives.” http://www.ourblook.com/component/option,com_sectionex/Itemid,200076/id,8/view,category/#catid107
Preventative care is something we need desperately in this country so the real question is going to be, how do we get it? Especially when there are so many back pocket deals being made to benefit the drug companies.