I agree and my first thought is why have they waited all this time to reveal any sort of plan, since they DO admit that health care is long past due for reform.
Concerning their claim about the need for tort reform,38 states already have tort reform, are the last 12 really going to make that big of a difference?
http://washingtonindependent.com/55535/tort-reform-unlikely-to-cut-health-care-costs Now google the insurer's in your state then in surrounding states, they are pretty much the same companies
So let's see, if Ohio, Ky and Ill are complaining about the high cost of health care, IN would benefit with better prices by allowing companies from these states to practice in IN. Which companies is it that are offering these better premiums? If Aetna, Anthem Blue Cross, Humana One, United Health One, Blue Cross Blue Shield, Cigna, Kaiser Permanente, etc, are ALL selling premiums ALL across America, what more are we to expect? Where are the savings going to come from since they are all across America already. Who is going to bring the prices down?
http://seattletimes.nwsource.com/html/nationworld/2008453670_healthcost01.html?syndication=rss "We're not getting what we pay for," says Dr. Denis Cortese, president and chief executive of the Mayo Clinic. "It's just that simple."
"Our health-care system is fraught with waste," says Dr. Gary Kaplan, chairman and CEO of Seattle's cutting-edge Virginia Mason Medical Center. As much as half of the $2.3 trillion spent today does nothing to improve health, he says.
Not only is U.S. health care inefficient and wasteful, says Kaiser Permanente Chief Executive George Halvorson, much of it is dangerous."
"There is more than enough money in the system," said former House Speaker Newt Gingrich, who runs the Center for Health Transformation in the nation's capital. "We just are not spending it well."
http://decaturdaily.com/stories/23438.html "The center says on its Web site that 40 percent of questionable Medicaid claims in New York state may be related to fraud, waste or abuse — costing as much as $18 billion a year. Fraud would be easy to trace and stop with electronic record-keeping, the center says.
It wants every American to have an electronic health record within four years — costing perhaps $15 billion a year but saving at least $80 billion a year."
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$80B per year savings just with electronic records.
it has been reported that;
"Outright fraud — criminal activity — accounts for as much as 10 percent of all health care spending. That is more than $200 billion every year. Medicare alone could account for as much as $40 billion a year. (Read about our latest CHT Press book, Stop Paying the Crooks, edited by Jim Frogue.)"
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What is really disturbing, is that Newt and the Republicans admit health care has been in dire need for reform, dating all the way to 1993, in order to curb cost and and fraud, saving Americans privately and publicly, yet, for these 16 years they have done absolutely squat.
They admit that if they would of curbed the fraud and implemented electronic records we could of been saving $280B per year, so why didn't they?
http://www.reuters.com/article/newsOne/idUSTRE59P0L320091026 "Healthcare system wastes up to $800 billion a year"
PER YEAR, I believe this is just $400B short of what they are saying this entire bill would cost over TEN YEARS.
What am I missing? Let get this right, if I can, simply by eliminating waste and fraud, we could cover everyone for everything and every one would still profit "greatly"?
In 2 years you would save $1.6 T, which pays for the entire bill over 10 years, is this right? So the next 8 years would see a $6.8 TRILLION in savings?
Seriously, what am I missing, don't be afraid to be brutal, tell me Steve you dumb ass, your missing... your too simplistic... your leaving out...
Are our legislatures aware of this? surely not, for they wouldn't allow us to lose that much capital per year would they, they wouldn't know that just by eliminating waste and fraud would pay for full coverage for all and make medicare functionable and not clean it up would they
How long did the Republicans hold complete control over Congress along with the White House and how much waste is there and how much could of been saved while they did nothing?