but then we already knew that, didn't we? But it was more important to "preserve the private delivery system", right Rahm, Mr. President and Congress?
http://content.usatoday.com/communities/theoval/post/2010/06/report-deficit-debt-get-worse-despite-health-care-law/1Jun 30, 2010
Report: Health care law cuts red ink, but not nearly enough
(Posted by Richard Wolf)
The men and women charged with figuring out how to reduce federal deficits and debt got some more bad news this morning: the numbers keep getting worse.
That was the news from the non-partisan Congressional Budget Office, which for the first time took into consideration the new health care law, heralded by President Obama and Democrats for reducing deficits in the long run.
The report doesn't contradict that. It simply points out that any long-term savings from the health care law, such as from Medicare savings, aren't enough to turn deficits around.
Negotiating Medicare drug prices alone could have saved 200 billion over 10 years. The drug re-importation bill was estimated to save 100 billion over 10 years. 300 Billion in reduced drug costs was what President Obama "negotiated" away when he got 80 Billion over 10 years as the concession from Pharma. The citizens of the US lost 220 Billion dollars in savings right out of the gate.
http://www.ncpssm.org/pdf/price_negotiation_part_d.pdfData Analysis Brief
Price Negotiation for the Medicare Drug Program:
It is Time to Lower Costs for Seniors
NATIONAL COMMITTEE POSITION
· Provisions to authorize HHS to negotiate drug price concessions such as rebates and
discounts should be included in health reform legislation. Allowing an initial stage of
price concessions in addition to negotiation over inclusion in formularies will allow HHS
to achieve the savings that the VA and other agencies now reap through the use of multistage
price negotiation.
· Such provisions have the potential to save more than $200 billion over 10 years – savings
that can be used to close the Part D “doughnut hole” coverage gap more quickly.
Government Relations and Policy, October 2009
Here is the actual May 26, 2010 CBO slide presentation on the health care costs as related to the budget.
http://www.cbo.gov/ftpdocs/115xx/doc11544/Presentation5-26-10.pdfIt's also essential to remember that government subsisdies for healthcare premiums did nothing to lower overall costs - they just split the cost between the individual and the government. HCR did nothing to lower the aggregate costs and everything to keep them artificially high. A real public option was the ONLY instrument for actually reducing costs due to lower overhead and administrative costs and NO PROFIT, but that single element of real reform was eliminated.
I will NEVER give up pressing for real healthcare reform. Our current President and Congress couldn't deliver. They did not have the political guts or gumption to do the right thing if it meant that their political coffers would be impacted.
This debate will not go away. Healthcare in the US will still be unaffordable for many milions of people and remain an international disgrace.