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Welcome to the AARP Discussion Board. Here you can talk with peers about current events ranging from Social Security to caring for your parents to the latest on health care reform. It is also the perfect place to exchange healthy eating recipes and job hunting tips.
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Romney reveals his nearsighted vision for healthcare reform
posted at September 27, 2012 11:20 AM EDT
First: February 29, 2008
Last: May 17, 2013
The Article is long---in the N E Journal of Medicine-- but worth a look so you can readily see all the distortions.
The Congressional Budget Office estimated repealing the health care law would boost spending in Medicare Part A by $517 billion, in part by restoring future increases in payments to hospitals. If the law is repealed, the fund would be unable to meet all of its obligations in 2016, eight years earlier than if the law stays in place.
Re: Romney reveals his nearsighted vision for healthcare reform
posted at September 27, 2012 12:10 PM EDT
First: November 27, 2011
Last: May 18, 2013
In Response to Romney reveals his nearsighted vision for healthcare reform:
http://www.huffingtonpost.com/linda-bergthold/romney-finally-reveals-hi_b_1918062.html?utm_hp_ref=politics (It's not a federal takeover. In fact, many feel it gives too much power to the insurance companies and the states.)Posted by JANMB
Seems the private insurance companies are under tight control of HHS - everything from premium amounts, coverage, rationale of premium setting, who is covered and how much of their premium intake has to be spent on healthcare.
Seems this pretty much covers the complete picture.
His $1 trillion in tax increases hits the middle class hard and drives medical innovation overseas . (The tax increase statement is false .) Posted by JANMB
I don't know about you but $ 85,000 per year is middle class to me and (right now) those folks pay more in their Medicare B & D premiums as a surcharge for their responsibile income. This now represents about 5% of seniors. However, the Obama plan calls for it to It rise soon - not just in the amount to these folks either. The income limit where this surcharge is added will be reduced to a lower number so that down the road 25% of seniors will be paying a higher amount for Parts B & D.
AP: Obama Medicare Plan - answers from the campaign
As far as indirect taxes, those will be spread among all of us who use the taxed area - medical devices, tanning salons, insurance companies, pharmaceuticals - remember taxes are a cost of doing business are figured into the price of everything.
Impose a 40% excise tax on health insurance annual premiums in excess of $10,200 for an individual or $27,500 for a family is also in the law - again, I don't know about you but that will hit a lot of people in the middle class - especially the self employed and even some employees.
Raise the 7.5% floor on AGI on the Schedule A IRS medical expense deduction to 10% - that will also hit the middle class if they itemize.
Just as the CLASS ACT portion has failed and the reinsurance of retiree plan subsidies (ran out of money) nothing is set in stone as to the workability of the program and its prophasized cost. The CBO deals in numbers as the program is designed under perfect conditions. Human reactions are not so measurable. A few years ago the Social Security Disability Program was not in trouble, now it is in trouble big time - because of human reaction..