Tuesday, November 3, 2009

Sources: House Health Bill Totals $1.2 Trillion

Sources: House Health Bill Totals $1.2 Trillion - FOXNews.com

WASHINGTON -- The health care bill headed for a vote in the House this week costs $1.2 trillion or more over a decade, according to numerous Democratic officials and figures contained in an analysis by congressional budget experts, far higher than the $900 billion cited by President Barack Obama as a price tag for his reform plan.
While the Congressional Budget Office has put the cost of expanding coverage in the legislation at roughly $1 trillion, Democrats added billions more on higher spending for public health, a reinsurance program to hold down retiree health costs, payments for preventive services and more.

I guess we are finally talking "real" money here. What's a trillion dollars here and trillion dollars there. The cost of health care is spiraling out of control. We need to address that more than anything else. Think about it. I used to pay $5 for a prescription. The actual cost is almost $40. Since most people including our own doctors are insulated from the true prices of health care, they have no clue what it is costing someone. It doesn't matter who pays for the health care. Ultimately, we all do either through government programs or through higher premiums.

I have friends who are doctors and they are considering going to a cash only system. They are tired of the insurance problems and employing more people just to handle the red tape of the insurance companies. In some offices, there are more people who handle insurance than those who handle patients. Don't you think that's crazy.

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