Category Archives: Cost BS

VIDEO: REP. PAUL RYAN’S FLOOR SPEECH ON OBAMACARE’S PHONY MATH

Ryan slamdunks the Dems on the smoke and mirrors they used to make ObamaCare seem fiscally responsible. In reality, the “reform” law is a budget-busting, job-killing crime against democracy. And Ryan is one of the few Republicans who can do the math and actually talk about it coherently:  [ht Hot Air]

WHAT DO HEALTH CARE AND EDUCATION HAVE IN COMMON?

Quite a lot,  as it happens. John Goodman provides a good summary at his health policy blog:  (1) We [i.e. state and federal governments] have systematically suppressed normal market forces. (2) The entity that pays the bill is usually separate from the beneficiaries of the spending. (3) Providers of the services see the payers, not [...]

VIDEO: REP. PAUL RYAN CALLS CBO ON PHONY OBAMACARE MATH

The CBO recently released a report stating that repealing ObamaCare would increase the deficit by $145 billion. This is pure BS, of course. In this video, Ryan explains that the CBO is using the old, discredited cost data provided by the Democrats before they got the bum’s rush by the voters: Watch the latest video [...]

CBO ON DRUGS

If there is anyone out there looking for yet another reason to deep-six ObamaCare, the Congressional Budget Office provided one today: In response to a request from House Budget Committee Ranking Republican Paul Ryan of Wisconsin, the Congressional Budget Office [CBO] confirmed that President Obama’s massive health care law will increase prescription drug prices. How? [...]

STUDY: OBAMACARE SUBSIDIES WILL COST NEARLY 600% MORE THAN THE CBO CLAIMED

Remember all that BS we heard about how ObamaCare was going to reduce the federal deficit? Well, if you were one of the few people who actually believed that whopper, I recommend this little tidbit: A new study by the Lewin Group estimates that 28.6 million Americans will be eligible for a federal subsidy to [...]

ANYONE UP FOR HIGHER HEALTH COSTS?

Sorry. It doesn’t really matter what you’re up for. Thanks to ObamaCare, higher costs are what you’re going to get: Mercer [the HR consulting firm] says the new benefits from the health overhaul add about 4% to premiums. Oh, and you’ll have a higher out-of pocket bill as well: Many [companies] are finding that they [...]

VIDEO: UVA STUDENTS SAY NO TO OCARE DEBT

DeFundIt.org provides a response to this puerile propaganda video by Campus Progress. It’s a series of short interviews with University of Virginia students who want no part of the debt ObamaCare will inevitably pile on them: The only thing ObamaCare will cover my generation with is endless debt.

OBAMACARE THE HOSPITAL KILLER

A lot of people think hospitals have magical powers, that they are somehow immune to the effects of rising costs and decreasing payments. These people are in for a rude awakening. ObamaCare will put upward pressure on expenses by herding huge numbers of people through the ER, imposing costly IT mandates and creating a regulatory burden that is [...]

DUMBEST HEALTH CARE POST OF THE WEEK

Once again, the Health Wonk Review has proven to be a cornucopia of clueless posts on health care. By far the dumbest contribution to the latest edition is this post by Roy Poses about the salaries received by hospital CEOs: We recently posted about the latest example of generously paid health care leaders, million dollar plus hospital [...]

OBAMA ADMITS “WE KNEW� HEALTH COSTS WOULD CONTINUE TO GO UP

Well, a lot of people knew that, but Obama and his congressional accomplices denounced anyone who actually said it. As to the President himself, AP points out that he repeatedly claimed Obamacare would lower costs: President Barack Obama told voters repeatedly during the health care debate that the overhaul legislation would bring down fast-rising health [...]