Published
Late last night, the Congressional Budget Office released its initial analysis of the health-care reform plan that Republican Minority Leader John Boehner offered as a substitute to the Democratic legislation. CBO begins with the baseline estimate that 17 percent of legal, non-elderly residents won't have health-care insurance in 2010. In 2019, after 10 years of the Republican plan, CBO estimates that ...17 percent of legal, non-elderly residents won't have health-care insurance. The Republican alternative will have helped 3 million people secure coverage, which is barely keeping up with population growth. Compare that to the Democratic bill, which covers 36 million more people and cuts the uninsured population to 4 percent.But maybe, you say, the Republican bill does a really good job cutting costs. According to CBO, the GOP's alternative will shave $68 billion off the deficit in the next 10 years. The Democrats, CBO says, will slice $104 billion off the deficit.
The Democratic bill, in other words, covers 12 times as many people and saves $36 billion more than the Republican plan.
http://voices.washingtonpost.com/ezra-klein/2009/11/congressional_budget_office_th.html
Put your hands on my health care please...:>>
I have heard arguments on both sides of this issue. As I see it, the public option could go one of two ways: either the competition from the public option could cause premiums to decrease or insurance plans could chuck it all, allow themselves to be driven out of business and branch out to making big bucks administering the public option under a government contract like BC/BS does for Medicare now....
HM2VikingRN, RN
4,700 Posts
Link embedded.