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Glenn Beck on Obama's Universal Health Care

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Uploaded by on Jun 16, 2009

Obama's health care plan - in the words of those who are pushing this - and what the impact will be on people who already have private health care coverage through employers or personal investment. Read from the Congressional Budget Office and you decide:

CBO and the Joint Committee on Taxation staff worked together to produce a preliminary analysis of the major provisions related to health insurance coverage contained in the Affordable Health Choices Act, drafted by the Senate Committee on Health, Education, Labor, and Pensions (HELP). The estimates are based on provisions from title 1 of the draft legislation released by HELP on June 9th. Among other things, the draft legislation would establish insurance exchanges (called gateways) through which individuals and families could purchase health insurance coverage. The proposed bill also would provide federal subsidies to substantially lower the cost of that coverage for some enrollees.

According to our preliminary assessment, enacting the proposal would result in a net increase in federal budget deficits of about $1.0 trillion over the 2010-2019 period. When fully implemented, about 39 million individuals would obtain coverage through the new insurance exchanges. At the same time, the number of people who had coverage through an employer would decline by about 15 million (or roughly 10 percent), and coverage from other sources would fall by about 8 million, so the net decrease in the number of people uninsured would be about 16 million or 17 million.

These new figures do not represent a formal or complete cost estimate for the draft legislation, for several reasons. The estimates provided do not address the entire bill—only the major provisions related to health insurance coverage. Some details have not been estimated yet, and the draft legislation has not been fully reviewed. Also, because expanded eligibility for the Medicaid program may be added at a later date, those figures are not likely to represent the impact that more comprehensive proposals—which might include a significant expansion of Medicaid or other options for subsidizing coverage for those with income below 150 percent of the federal poverty level—would have both on the federal budget and on the extent of insurance coverage.

CBO will continue to work on an ongoing basis with the HELP Committee and the other Senate and House committees involved in health care reform to provide estimates and analyses as legislation is developed.

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Top Comments

  • BAN INSURANCE COMPANIES! WE DON"T NEED THAT INDUSTRY AT ALL.

    WE CAN JUST ALL GET IN THE SAME POT PUT IN SOME MONEY AND COVER EACH OTHER. NO ONE SHOULD PROFIT FROM TRAGEDIES.

  • what place in the world do u see a movement demanding the american system of healthcare?

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All Comments (134)

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  • Nationalized health care ends up becoming about turf-protection, central control, dehumanization of individuals, and a monopoly on health service rationing to a clique of “masters of the universe” who end up thinking their number-crunching degrees in epidemiology give them moral license to determine who deserves to live and die.

  • @CaptainAmerica5013 A bit more than 49% asks for Obamacare.

  • @nomeatsteak America.

  • @tonybeir So you're just going to wipe billions of dollars of the economy? And what if I don't want to cover you or anybody else? Will you send me to prison for that? If you want to pay for others' healthcare, there's a thing called charity.

  • @nomeatsteak None because it'd be a ridiculously difficult task.

  • @crader28 - After the incident I had this weekend with an eye injury, I'm even more opposed to 'waiting around months' to see a doctor due to government intervention/takeover of the health care in this nation. My vision is now 85% back to normal after 3 days. I'd hate to see how I'd be feeling living in Canada or some other socialist nation right now!

  • @tonybeir But nobody should be able to take advantage of my money should they chose to live unhealthy, or just feel like going to the doctor for a stomach ache. Sure everyone in Canada can afford to go to the doctor, it just takes a few months. I'm not willing to sacrifice health care quality.

    And it's already illegal for emergency rooms to turn someone down if they can't pay, so that really doesn't seem like a problem.

  • @nomeatsteak Yeah, but where else do you see government officials from nations with socialized health care coming for their health care? You get what you pay for..

  • Is this trying to say that the Liberals are suggesting America would move towards a single payer system AGAINST its own will? The way I read it was that when people see that a government option works better they'll change their minds and a single payer system won't seem so scary. It'll be a natural move completely governed by the people. The Liberals who believe in the strength of a single payer system believe it's inevitable because they believe their system works.

  • obama doesnt even know what he is doing as president.

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