Author Topic: Report says health care reform cover more, costs more  (Read 1916 times)

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Offline The Village Idiot

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Report says health care reform cover more, costs more
« on: April 24, 2010, 01:01:38 PM »
http://news.yahoo.com/s/ap/20100423/ap_on_bi_ge/us_health_care_law_costs

AP excerpt

WASHINGTON – President Barack Obama's health care overhaul law is getting a mixed verdict in the first comprehensive look by neutral experts: More Americans will be covered, but costs are also going up.

Economic experts at the Health and Human Services Department concluded in a report issued Thursday that the health care remake will achieve Obama's aim of expanding health insurance — adding 34 million to the coverage rolls.

But the analysis also found that the law falls short of the president's twin goal of controlling runaway costs, raising projected spending by about 1 percent over 10 years. That increase could get bigger, since Medicare cuts in the law may be unrealistic and unsustainable, the report warned.

It's a worrisome assessment for Democrats.



AP excerpt