Daily Archives: November 16, 2009

Health Care Reform Bill Will Increase Costs And Decrease Providers

One report by a nonpartisan governmental agency that runs Medicare and Medicaid. 

Two stories that concur with the findings that current health care reform bills would decrease Medicare coverage and providers, and not have a significant effect on health care cost growth rates.

A separate story on the massive increased amount of improper Medicare payments.

And the government thinks it can run health care?  Taxpayers should be very leery. 

Animated Money

…we estimate that most of the provisions of H.R. 3962 that were designed, in part, to reduce the rate of growth in health care costs would have a relatively small savings impact. 

Total national health expenditures in the U.S. during 2010-2019 would increase by about 0.8 percent.  The additional demand for health services could be difficult to meet initially with existing health provider resources and could lead to price increases, cost-shifting, and/or changes in providers’ willingness to treat patients with low-reimbursement health coverage.

With the exception of the proposed reductions in Medicare payment updates for institutional providers, the provisions of H.R. 3962 would not have a significant impact on future health care cost growth rates. In addition, the longer-term viability of the Medicare update reductions is doubtful.

A plan to slash more than $500 billion from future Medicare spending — one of the biggest sources of funding for President Obama’s proposed overhaul of the nation’s health-care system — would sharply reduce benefits for some senior citizens and could jeopardize access to care for millions of others, according to a government evaluation released Saturday.

The report offers the clearest and most authoritative assessment to date of the effect that Democratic health reform proposals would have on Medicare and Medicaid, the nation’s largest public health programs.

In other words, outside of Medicare payment cuts to hospitals, the bill doesn’t curb increasing health care costs. And even the Medicare payment cuts will be difficult to sustain.

Report: Government Paid More Than $47B in Medicare Claims.  Fox. 

Excerpts of a new federal report, obtained by The Associated Press, show a dramatic increase in improper payments in the $440 billion Medicare program that has been cited by government auditors as a high risk for fraud and waste for 20 years.