Ilovebenefits’s Blog

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What Will Health Care Reform Cost

Editor’s note: You must count it all, anything else is disingenuous.

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There was a lot of confusion this afternoon when the CBO released its cost estimate for the House bill. Democrats had said earlier in the day that the bill would cost $894 billion — just under the $900 billion limit set by President Obama. But in the CBO analysis there were two price tags: a net cost of $894 billion and a gross cost of just over $1 trillion.

Getting to either of those numbers—the $894 billion net or the $1 trillion gross—requires ignoring the cost of the so-called doctors’ Medicare “fix,” which would prevent $250 billion in planned Medicare cuts, but without providing revenue to cover the additional costs. The House removed this provision from the bill in order to get a lower score:

http://reason.com/blog/2009/10/30/900-billion-house-health-care

Nor does the bill include the cost to the states of expanding Medicaid. According to Conn Carroll at the Heritage Foundation:

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October 31, 2009 - Posted by | Federal Government, healthcare | , , ,

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