Friday, December 11, 2009

CMS estimate: Reid bill raises health costs by $234 billion

According to the Centers For Medicare & Medicaid Services, the health care reform bill proposed by Harry Reid will raise the cost of health care by $234 billion. If passed, the legislation will make health care more expensive than doing nothing at all. Remember, one of the selling points of the Democrats' shove into government-run health care was that it was supposed to save us money.

More from the Senate Republican Communication Center:

CMS: “…We estimate that total national health expenditures under this bill would increase by an estimated total of $234 billion (0.7 percent) during calendar years 2010-2019…” (“Estimated Financial Effects Of The ‘Patient Protection And Affordable Care Act Of 2009,’ As Proposed By The Senate Majority Leader On November 18, 2009,” Centers For Medicare & Medicaid Services, P.4, 12/10/09)

“Current law baseline, total national health expenditures (NHE)… Total, CY 2010-2019… $35,253.3 [Billion Dollars].” (“Estimated Financial Effects Of The ‘Patient Protection And Affordable Care Act Of 2009,’ As Proposed By The Senate Majority Leader On November 18, 2009,” Centers For Medicare & Medicaid Services, P.33, 12/10/09)

“Proposed-PPACA, total national health expenditures (NHE)… total, CY 2010-2019… $35,487.4 [Billion Dollars].” (“Estimated Financial Effects Of The ‘Patient Protection And Affordable Care Act Of 2009,’ As Proposed By The Senate Majority Leader On November 18, 2009,” Centers For Medicare & Medicaid Services, P.33, 12/10/09)

“Impact of PPACA, total national health expenditures (NHE)… total, CY 2010-2019… $234.1 [billion dollars].” (“Estimated Financial Effects Of The ‘Patient Protection And Affordable Care Act Of 2009,’ As Proposed By The Senate Majority Leader On November 18, 2009,” Centers For Medicare & Medicaid Services, P.34, 12/10/09)
FLASHBACK
SEN. MAX BAUCUS (D-MT): “Mr. President, the Republican leader a few moments ago said this bill raises costs. With all due respect to my good friend from Kentucky, that statement is false.” (Sen. Max Baucus, Congressional Record, S. 12100, 12/2/09)

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