The Republican plan does not call for a government insurance plan but rather attempts to reform the system by creating high-risk insurance pools, allowing people to purchase health insurance policies across state lines and instituting medical malpractice reforms.
Cost - according to Congressional Budget Office (CBO):
GOP Bill $61 billion Vs. $1.05 trillion cost for PelosiCare.
CBO additionally found that the Republican provision to reform medical malpractice liability would result in $41 billion in savings and increase [government] revenues by $13 billion by reducing the cost of private health insurance plans.”
The report found that rates would drop by 7-to-10 percent for small business, and by 5-to-8 percent for the individual market, where it can also be difficult to find affordable policies.
The Congressional Budget Office Wednesday night released its cost analysis of the Republican health care plan and found that it would reduce health care premiums and cut the deficit by $68 billion over ten years.
What’s in it? Well, some popular, noncontroversial items:
The Republican plan has adopted some of the more modest Democratic provisions. It too would make it easier for young adults to remain on their parents’ health policies. It also would end the controversial insurance practices of imposing annual or lifetime limits on benefits and of canceling coverage after a policyholder becomes sick.
And rather than give more power to the federal government to address the nation’s healthcare problems, the Republican plan looks to states, market forces and individuals.
Their bill would provide aid to the states to form “high-risk” insurance pools that would cover people — including those with preexisting conditions who cannot get coverage through their jobs or in the individual market. The GOP bill also would provide incentive grants for states that reduce premiums and the ranks of the uninsured.
http://www.commentarymagazine.com/blogs/index.php/category/contentions/page/2
Please consider this vs. the government taking over 17% of the US economy.
Btw - like how is the H1N1 vaccine is going (aka Obama's Katrina)??
Cost - according to Congressional Budget Office (CBO):
GOP Bill $61 billion Vs. $1.05 trillion cost for PelosiCare.
CBO additionally found that the Republican provision to reform medical malpractice liability would result in $41 billion in savings and increase [government] revenues by $13 billion by reducing the cost of private health insurance plans.”
The report found that rates would drop by 7-to-10 percent for small business, and by 5-to-8 percent for the individual market, where it can also be difficult to find affordable policies.
The Congressional Budget Office Wednesday night released its cost analysis of the Republican health care plan and found that it would reduce health care premiums and cut the deficit by $68 billion over ten years.
What’s in it? Well, some popular, noncontroversial items:
The Republican plan has adopted some of the more modest Democratic provisions. It too would make it easier for young adults to remain on their parents’ health policies. It also would end the controversial insurance practices of imposing annual or lifetime limits on benefits and of canceling coverage after a policyholder becomes sick.
And rather than give more power to the federal government to address the nation’s healthcare problems, the Republican plan looks to states, market forces and individuals.
Their bill would provide aid to the states to form “high-risk” insurance pools that would cover people — including those with preexisting conditions who cannot get coverage through their jobs or in the individual market. The GOP bill also would provide incentive grants for states that reduce premiums and the ranks of the uninsured.
http://www.commentarymagazine.com/blogs/index.php/category/contentions/page/2
Please consider this vs. the government taking over 17% of the US economy.
Btw - like how is the H1N1 vaccine is going (aka Obama's Katrina)??
