By Skip Chatterson - May 6, 2010
Even though the main stream press has not covered the health care law, there has been plenty of news related to this new law. You have not heard about this news because none of the news is good with respect to this law. None of the news I will list will be a big surprise to many of our readers, who, as Red State Report Readers, are clearly smarter than everyone else to begin with.
Nancy Pelosi said “we have to pass the law to find out what’s in it”, so here is the latest news with respect to the health care law.
- Starting with the most damning news: HHS Secretary Kathleen Sebelius had the true numbers about the cost of the health care bill one week before the vote, which showed that medical costs will skyrocket rising $389 billion 10 years. Here are some other estimates from the office:
- 14 million will lose their employer-based coverage. Millions of Americans will be left without insurance. Millions more may be dumped into the already overwhelmed Medicaid system.
- 4 million American families will be hit with tax penalties under this new law. These numbers came from the department of the HHS as they are required to determine the cost of such bills.
Sec. Sebelius did not release the results because she said she did not want to influence the vote. That is her job! They run the numbers so Congress can get an idea of the cost, along with manipulated results from the CBO.
2. It was discovered there will be rationing! The Independent Payment Advisory Board (IPAB) was set up within this bill for the express purpose of rationing. This was confirmed by none other than OMB Director Peter Orszag. To override the IPAB it requires a supermajority in the senate of 67 votes to overturn the IPAB. What is the likelihood of that happening?
3. There is expected to be a shortage of as many as 150,000 doctors in the next 15 years. The health care law hopes to sweeten the deal by increasing Medicare reimbursement by 10% to encourage more people to enter the medical field. This ignores the fact that Medicare reimbursements have already been reduced 25%. More doctors are refusing to accept Medicare or Medicaid patients because they lose money treating these individuals. Making matters worse, Congress imposed a cap on funding for medical residencies, which hospitals say has increasingly hurt their ability to expand the number of positions, making becoming a practicing MD even harder.
4. Health Law bans new Doctor-Owned Hospitals, and blocks expansion of existing ones. This will have the effect of limiting the total number of beds available to a community. The UK has a similar problem and the headlines in England read: “Women Having Babies in Bathrooms and Closets in NHS Hospitals.” It will not take long before American headlines read the same.
More news will likely follow as we find out more about taxes and lay-offs directly related to the health care law. I will be keeping my eyes open for the news that will surely follow in days and weeks to come. Keep following us at Red State Report. We will keep you up to date.
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