Health Care Fact Check: TROUBLE
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Thursday, February 25, 2010 ● GOP Health Care Fact Check

Senate Contact:
John Ashbrook 202.228.NEWS

House Contact
:
Michael Steel 202.225.4000

 
VP Says “We’re In Trouble” If We Don’t Reduce Health Care Costs, But Administration’s Own Actuary Says The Senate Bill Does Not Reduce Health Care Costs



VICE PRESIDENT JOE BIDEN:
"Unless We Bend That Cost Curve, We're In Trouble." (Vice President Joe Biden, Health Care Summit, 2/25/10)

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CMS On Senate Bill: “This Bill Would Increase [Health Expenditures] By An Estimated Total Of $222 Billion”

 

CMS: “…We Estimate That Overall National Health Expenditures Under This Bill Would Increase By An Estimated Total Of $222 Billion (0.6 Percent) During Calendar Years 2010-2019…” (“Estimated Financial Effects Of The ‘Patient Protection And Affordable Care Act,’ As Passed By The Senate On December 24, 2009,” Centers For Medicare & Medicaid Services, P.4, 1/8/10)

 

“Current Law Baseline, Total National Health Expenditures (NHE)… Total, CY 2010-2019… $35,253.3 [Billion Dollars].” (“Estimated Financial Effects Of The ‘Patient Protection And Affordable Care Act,’ As Passed By The Senate On December 24, 2009,” Centers For Medicare & Medicaid Services, P.36, 1/8/10)

 

“Proposed-PPACA, Total National Health Expenditures (NHE)… Total, CY 2010-2019… $35,475.6 [Billion Dollars].” (“Estimated Financial Effects Of The ‘Patient Protection And Affordable Care Act,’ As Passed By The Senate On December 24, 2009,” Centers For Medicare & Medicaid Services, P.36, 1/8/10)

 

“Impact Of PPACA, Total National Health Expenditures (NHE)… Total, CY 2010-2019… $222.3 [Billion Dollars].” (“Estimated Financial Effects Of The ‘Patient Protection And Affordable Care Act,’ As Passed By The Senate On December 24, 2009,” Centers For Medicare & Medicaid Services, P.37, 1/8/10)

 

CBO On Senate Bill: BILL STILL INCREASES COSTS

 

CBO: “Under The Legislation, Federal Outlays For Health Care Would Increase During The 2010–2019 Period, As Would The Federal Budgetary Commitment To Health Care. The net increase in that commitment would be about $200 billion over that 10-year period, driven primarily by the gross cost of the coverage expansions (including increases in both outlays and tax credits).” (CBO Director Doug Elmendorf, Letter To Sen. Harry Reid, 12/19/09, P. 18)


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