That CMS actuary report that David Cutler brushes aside for not understanding Congress’ trillion-dollar health care gamble includes many revealing facts, some of which I posted on Twitter yesterday:
- 14 million people will lose their existing employer-based insurance (p.7) – so much for the President’s promise: “For the record, the President has consistently said that if you like your insurance plan, your doctor, or both, you will be able to keep them.”
- Medicaid and SCHIP expansion will cost state and local governments an additional $3.6 billion (table 5)
- Total health spending will increase $310.8 billion
Higher cost, less choice, worse care.
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