ObamaCare Cost Zooms Up $111 BILLION in One Year: House SubCommittee Passes Repeal of Death Panel

Two important issues here: Obama’s 2013 budget continues to bleed the agenda of how Government health care will impact your life, and it isn’t pretty. In just one year, costs have risen another $111 BILLION. The cost just soared another $111 BILLION, and the administration says there is no need for alarm. Second, a House subcommittee just passed legislation to repeal the ObamaCare Death Panels. It’s a small step, but one that needs to taken. See details below.

Just as Obama’s Secretary of Defense, Leon Panetta, didn’t know the DOD has spent $749,999.00 on a soccer field at Gitmo, Secretary of Health and Human Services is clueless as to why the Obama budget would reflect such an increase in ObamaCare. If you believe a word from these lying SOBs I have a beautiful waterfront lot in the Everglades – almost free for you.

Before getting into the $111 BILLION, the House Sub-Committee on Energy and Commerce passed with a semi-bipartisan vote, legislation to repeal the hand-picked board of 15 unelected bureaucrats (think BIG BUNDLER on their way to Ambassadorship – practically giddy they get to serve BO) that will decide whether you receive your knee replacement, or pacemaker, or whether the plug is to be pulled – otherwise known correctly as the Death Panel, but foisted on us as the Independent Payment Advisory Board (IPAB). Your doctor is nowhere in the equation of your health management.

Tuck this in your memory bank: IPAB’s actions are not subject to judicial review…

Heritage:

The bill to repeal this onerous part of the health law has 226 co-sponsors, 17 of whom are Democrats. Meanwhile, support for better ways to control Medicare’s cost using a premium support model continues to surface on both sides of the aisle. Premium support would allow seniors to use a defined government contribution to purchase the private plan that suits them best in a competitive marketplace. Patient empowerment and choice would drive better value for dollars spent, bringing down costs without jeopardizing quality or patient autonomy through government rationing.

The White House, on the other hand, continues to cling to its board of bureaucrats and has even proposed strengthening IPAB’s reach and expanding it powers. This week, White House official Nancy-Ann DeParle took to the White House blog to defend IPAB. According to DeParle, rationing won’t occur under the trusty IPAB, but it would in the consumer-driven conservative alternative. IPAB would put “you and your doctor” in charge, she writes, while premium support would put insurance companies in control. And above all, IPAB, according to DeParle, will bring down costs in Medicare, but premium support would do the opposite.

This is nonsense. Sure—IPAB could, in theory, control Medicare costs from the top-down—but not without devastating consequences to quality of patient care. The reason Americans are averse to government rationing is because it takes the power of decision-making out of the hands of doctors and patients and gives government bureaucrats stronger influence over care. IPAB is statutorily prohibited from “rationing,” but the statute includes no formal definition, and the board will still have to restrict access to providers, services, and/or treatments to hold down costs

GOP Research – the $111 BILLION hike:

Cost Estimates For ObamaCare’s Exchanges “Have Ballooned By $111 Billion” Since Last Year. “Cost estimates for a key part of President Barack Obama’s health care overhaul law have ballooned by $111 billion from last year’s budget, and a senior Republican lawmaker on Friday demanded an explanation.” (“Cost Estimate For Insurance Aid Jumps $111B; Administration Cites Technical Budget Issues,” The Associated Press, 3/2/12)

  • ObamaCare’s Cost Estimates Have Increased From $367 Billion To $478 Billion. “Last year’s budget estimated the cost of the aid to be $367 billion from 2014-2021. This year’s budget puts it at $478 billion over the same period.” (“Cost Estimate For Insurance Aid Jumps $111B; Administration Cites Technical Budget Issues,” The Associated Press, 3/2/12)

The Increased Costs Are Buried Deep In Obama’s FY2013 Budget And Has “Stumped” Administration Officials Including HHS Secretary Kathleen Sebelius. “The revised health care overhaul numbers, buried deep in the president’s budget, stumped lawmakers and some administration officials earlier in the week. At a congressional hearing Tuesday, Health and Human Services Secretary Kathleen Sebelius, who is in charge of carrying out the health care law, indicated she was unaware of the changes. At issue are subsidies that will be provided under the health care law to help middle class people buy private coverage in new state insurance markets that open for business in 2014.” (“Cost Estimate For Insurance Aid Jumps $111B; Administration Cites Technical Budget Issues,” The Associated Press, 3/2/12)

  • The Obama White House Said That An Extra $111 Billion In Healthcare Spending Is  “No Cause For Alarm.” “But administration officials say the big increase is no cause for alarm and that the administration is not forecasting an erosion of employer coverage or higher insurance costs.” (“Cost Estimate For Insurance Aid Jumps $111B; Administration Cites Technical Budget Issues,” The Associated Press, 3/2/12)

The White House Contends That The Higher Cost Estimate Is Due To “Newly Signed Legislation.” “About two-thirds of the increase is due to effects of newly signed legislation that raises costs for one part of the health care law, but still saves the government money overall. The rest is due to technical changes in Treasury assumptions about such matters as the distribution of income in America.” (“Cost Estimate For Insurance Aid Jumps $111B; Administration Cites Technical Budget Issues,” The Associated Press, 3/2/12)

  • The Obama Administration Said That There Have Been “No Significant Changes” To The Exchanges. “Administration officials say the explanation lies in budget technicalities and that there are no significant changes in the program.” (“Cost Estimate For Insurance Aid Jumps $111B; Administration Cites Technical Budget Issues,” The Associated Press, 3/2/12)

The Congressional Budget Office, “Fiscal Referee For Lawmakers,” Found No “Major Impact” By “Newly Signed Legislation.”  “They say a big reason for their doubts is that the Congressional Budget Office — the fiscal referee for lawmakers — has different numbers from the Obama administration. The budget office is not forecasting a major impact on the health insurance exchanges from the same newly signed legislation that the administration says accounts for two-thirds of the $111 billion increase.” (“Cost Estimate For Insurance Aid Jumps $111B; Administration Cites Technical Budget Issues,” The Associated Press, 3/2/12)

End GOP Research article.

The Lonely Conservative has a really terrible story up of what happens when the ObamaCare method of death panels gets into your health. You need to know this is already going on. Read it here.

Linked at Catholibertarian – Thanks Teresa!

 

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