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HHS Reveals ObamaCare Won’t Cut Costs

John on April 23, 2010 at 7:53 am

Surprise! The cost controls in the bill won’t really control costs:

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.

Looking for a copy of the report now. I’ll update this when I find it.

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Category: Health & Education |

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