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1301089 tn?1290666571

President Changes Tune on Health-Care Costs

How Shocking!!!
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President Changes Tune on Health-Care Costs

By Gerri  Willis

Published September 13, 2010 | FOXBusiness


From day one of his administration, President Obama has said his plan to overhaul health care will bring rising costs down.

But as time passes since signing the new law, the White House, including the president himself is seemingly hemming and hawing on that.

A report from the U.S. Centers for Medicare and Medicaid services - or CMS - says health care spending will actually accelerate. The report says spending will rise annually more than 6%-reaching more than $4.5 trillion in 2019.

By 2019 - nearly 93% of Americans should have coverage. The increase in demand means nearly double the amount of money spent on health care - meaning the costs aren't going down - they're just shifting!

So now, the president is claiming he never said he expected to extend insurance coverage for free!

Maybe that's what you thought - but it's not what you said.

On March 3 he said: "my proposal would bring down the cost of health care for millions."

But on Friday, he changed his tune to "the goal is to slowly bring down costs."

So will it or won't it?

It's about time you got your stories straight for the American public,  if you don't understand the new law - how are we supposed to?

But as November approaches I don't see anyone at 1600 Pennsylvania Avenue taking back the empty promises they made from the start.





Be sure to catch the Willis Report on the FOX Business Network every weekday from 5-6pm ET.
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2 Responses
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1301089 tn?1290666571
These changes aren't wise.  I do agree we need some kind of reform.  I've always wondered why we don't put bright young people through med school.  In lieu of tuition they could repay by agreeing to work at community health centers for the under and uninsured.
Set up something like the VA.  Or even have health care mobile clinics that take medical care to the poorer neighborhoods.  Payment on a sliding scale.

Anyway, it makes sense to me.  People would receive treatment and we'd get more doctors.
Helpful - 0
585414 tn?1288941302
Yes it was clear many of the key provisions were give backs to the insurance industry rather than the health care people needed. However, being manipulated by corporate lobbies is unfortunately not uncommon on either political side. Heath care reform was an idea I supported but the goal should have been to promote health care coverage not insurance coverage and provide more options rather than to have insurance coverage be mandatory.
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