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August 13, 2009 at 2:01 PM #445169August 13, 2009 at 2:07 PM #444401SK in CVParticipant
[quote=Zeitgeist]Sec. 3111, Pg. 931 – The government will establish a Preventative and Wellness Trust fund, with initial cost of $30,800,000,000 (Billions more).
Health Benefits Advisory Committee
According to Division A, Title I, Subtitle C, Section 123 of HR 3200, a Health Benefits Advisory Committee shall be established to be chaired by the Surgeon General of the United States. It will consist of 9 more individuals who are not federal employees that are appointed by the President of the United States. It will also consist of 9 members who are appointed by the Comptroller General of the United States. Also, up to eight more members will be appointed in even numbers by the President of the United States who are federal employees and officers. Each member of the committee will serve three year terms. The Health Benefits Advisory Committee will recommend to the United States Secretary of Health and Human Services benefit standards and periodic updates to such standards.[/quote]
Which bill are you referring to with regards to the initial cost of $30.8 billion? That does not appear anywhere in HR 3200. The first year cost is $2.4 billion. The 9 year cost is $35.3 billion. or approximately 5% of what the war in Iraq has cost over a shorter period of time.
August 13, 2009 at 2:07 PM #444594SK in CVParticipant[quote=Zeitgeist]Sec. 3111, Pg. 931 – The government will establish a Preventative and Wellness Trust fund, with initial cost of $30,800,000,000 (Billions more).
Health Benefits Advisory Committee
According to Division A, Title I, Subtitle C, Section 123 of HR 3200, a Health Benefits Advisory Committee shall be established to be chaired by the Surgeon General of the United States. It will consist of 9 more individuals who are not federal employees that are appointed by the President of the United States. It will also consist of 9 members who are appointed by the Comptroller General of the United States. Also, up to eight more members will be appointed in even numbers by the President of the United States who are federal employees and officers. Each member of the committee will serve three year terms. The Health Benefits Advisory Committee will recommend to the United States Secretary of Health and Human Services benefit standards and periodic updates to such standards.[/quote]
Which bill are you referring to with regards to the initial cost of $30.8 billion? That does not appear anywhere in HR 3200. The first year cost is $2.4 billion. The 9 year cost is $35.3 billion. or approximately 5% of what the war in Iraq has cost over a shorter period of time.
August 13, 2009 at 2:07 PM #444931SK in CVParticipant[quote=Zeitgeist]Sec. 3111, Pg. 931 – The government will establish a Preventative and Wellness Trust fund, with initial cost of $30,800,000,000 (Billions more).
Health Benefits Advisory Committee
According to Division A, Title I, Subtitle C, Section 123 of HR 3200, a Health Benefits Advisory Committee shall be established to be chaired by the Surgeon General of the United States. It will consist of 9 more individuals who are not federal employees that are appointed by the President of the United States. It will also consist of 9 members who are appointed by the Comptroller General of the United States. Also, up to eight more members will be appointed in even numbers by the President of the United States who are federal employees and officers. Each member of the committee will serve three year terms. The Health Benefits Advisory Committee will recommend to the United States Secretary of Health and Human Services benefit standards and periodic updates to such standards.[/quote]
Which bill are you referring to with regards to the initial cost of $30.8 billion? That does not appear anywhere in HR 3200. The first year cost is $2.4 billion. The 9 year cost is $35.3 billion. or approximately 5% of what the war in Iraq has cost over a shorter period of time.
August 13, 2009 at 2:07 PM #445000SK in CVParticipant[quote=Zeitgeist]Sec. 3111, Pg. 931 – The government will establish a Preventative and Wellness Trust fund, with initial cost of $30,800,000,000 (Billions more).
Health Benefits Advisory Committee
According to Division A, Title I, Subtitle C, Section 123 of HR 3200, a Health Benefits Advisory Committee shall be established to be chaired by the Surgeon General of the United States. It will consist of 9 more individuals who are not federal employees that are appointed by the President of the United States. It will also consist of 9 members who are appointed by the Comptroller General of the United States. Also, up to eight more members will be appointed in even numbers by the President of the United States who are federal employees and officers. Each member of the committee will serve three year terms. The Health Benefits Advisory Committee will recommend to the United States Secretary of Health and Human Services benefit standards and periodic updates to such standards.[/quote]
Which bill are you referring to with regards to the initial cost of $30.8 billion? That does not appear anywhere in HR 3200. The first year cost is $2.4 billion. The 9 year cost is $35.3 billion. or approximately 5% of what the war in Iraq has cost over a shorter period of time.
August 13, 2009 at 2:07 PM #445179SK in CVParticipant[quote=Zeitgeist]Sec. 3111, Pg. 931 – The government will establish a Preventative and Wellness Trust fund, with initial cost of $30,800,000,000 (Billions more).
Health Benefits Advisory Committee
According to Division A, Title I, Subtitle C, Section 123 of HR 3200, a Health Benefits Advisory Committee shall be established to be chaired by the Surgeon General of the United States. It will consist of 9 more individuals who are not federal employees that are appointed by the President of the United States. It will also consist of 9 members who are appointed by the Comptroller General of the United States. Also, up to eight more members will be appointed in even numbers by the President of the United States who are federal employees and officers. Each member of the committee will serve three year terms. The Health Benefits Advisory Committee will recommend to the United States Secretary of Health and Human Services benefit standards and periodic updates to such standards.[/quote]
Which bill are you referring to with regards to the initial cost of $30.8 billion? That does not appear anywhere in HR 3200. The first year cost is $2.4 billion. The 9 year cost is $35.3 billion. or approximately 5% of what the war in Iraq has cost over a shorter period of time.
August 13, 2009 at 2:13 PM #444406ButleroftwoParticipant[quote=SK in CV
What does this have to do with proposed health insurance legislation?[/quote]What does family planning, hospice, end of life choices, real-time determination of an individual’s financial responsibility at the point of service, raising taxes, palliative care, Agency for Healthcare Research and Quality Center for Comparative Effectiveness Research (in this section referred to as the ‘Center’), fines, national consensus standard for measuring the performance and improvement of population health, Resident training rules, required preventative services, home visitations of families expecting children, Health Service Corps and student loans have to do with insurance?
This started out as a healthcare bill and now is an insurance bill in name only. Who knows where it will end up? BO has put us on notice to get this done ASAP and those who created the problem have no place in fixing it.
August 13, 2009 at 2:13 PM #444599ButleroftwoParticipant[quote=SK in CV
What does this have to do with proposed health insurance legislation?[/quote]What does family planning, hospice, end of life choices, real-time determination of an individual’s financial responsibility at the point of service, raising taxes, palliative care, Agency for Healthcare Research and Quality Center for Comparative Effectiveness Research (in this section referred to as the ‘Center’), fines, national consensus standard for measuring the performance and improvement of population health, Resident training rules, required preventative services, home visitations of families expecting children, Health Service Corps and student loans have to do with insurance?
This started out as a healthcare bill and now is an insurance bill in name only. Who knows where it will end up? BO has put us on notice to get this done ASAP and those who created the problem have no place in fixing it.
August 13, 2009 at 2:13 PM #444936ButleroftwoParticipant[quote=SK in CV
What does this have to do with proposed health insurance legislation?[/quote]What does family planning, hospice, end of life choices, real-time determination of an individual’s financial responsibility at the point of service, raising taxes, palliative care, Agency for Healthcare Research and Quality Center for Comparative Effectiveness Research (in this section referred to as the ‘Center’), fines, national consensus standard for measuring the performance and improvement of population health, Resident training rules, required preventative services, home visitations of families expecting children, Health Service Corps and student loans have to do with insurance?
This started out as a healthcare bill and now is an insurance bill in name only. Who knows where it will end up? BO has put us on notice to get this done ASAP and those who created the problem have no place in fixing it.
August 13, 2009 at 2:13 PM #445005ButleroftwoParticipant[quote=SK in CV
What does this have to do with proposed health insurance legislation?[/quote]What does family planning, hospice, end of life choices, real-time determination of an individual’s financial responsibility at the point of service, raising taxes, palliative care, Agency for Healthcare Research and Quality Center for Comparative Effectiveness Research (in this section referred to as the ‘Center’), fines, national consensus standard for measuring the performance and improvement of population health, Resident training rules, required preventative services, home visitations of families expecting children, Health Service Corps and student loans have to do with insurance?
This started out as a healthcare bill and now is an insurance bill in name only. Who knows where it will end up? BO has put us on notice to get this done ASAP and those who created the problem have no place in fixing it.
August 13, 2009 at 2:13 PM #445184ButleroftwoParticipant[quote=SK in CV
What does this have to do with proposed health insurance legislation?[/quote]What does family planning, hospice, end of life choices, real-time determination of an individual’s financial responsibility at the point of service, raising taxes, palliative care, Agency for Healthcare Research and Quality Center for Comparative Effectiveness Research (in this section referred to as the ‘Center’), fines, national consensus standard for measuring the performance and improvement of population health, Resident training rules, required preventative services, home visitations of families expecting children, Health Service Corps and student loans have to do with insurance?
This started out as a healthcare bill and now is an insurance bill in name only. Who knows where it will end up? BO has put us on notice to get this done ASAP and those who created the problem have no place in fixing it.
August 13, 2009 at 2:24 PM #444411ZeitgeistParticipantEffects of the Key Provisions of H.R. 3200
The legislation would establish a mandate to have health insurance, expand eligibility for Medicaid, and establish new health insurance exchanges through which some people could purchase subsidized coverage. The options available in
the insurance exchange would include private health insurance plans as well as a public plan that would be administered by the Secretary of Health and Human Services. The specifications would also require payments of penalties by uninsured individuals, firms that did not provide qualified health insurance, and other firms
whose employees would receive subsidized coverage through the exchanges. The plan would also provide tax credits to small employers that contribute toward the cost of health insurance for their workers. Collectively, those provisions would yield a significant increase in the number of
Americans with health insurance. By 2019, CBO and the staff of JCT estimate, the number of nonelderly people without health insurance would be reduced by about 37 million, leaving about 17 million nonelderly residents uninsured (nearly half of whom would be unauthorized immigrants). In total, CBO estimates that enacting those provisions would raise deficits by $1,042 billion over the 2010-2019 period.By the end of the 10-year period, in 2019, the coverage provisions would add
$202 billion to the federal deficit, CBO and JCT estimate. That increase would be
partially offset by net cost savings of $50 billion and additional revenues of
$86 billion, resulting in a net increase in the deficit of an estimated $65 billion.
It is important to note that the figures presented here do not represent a complete
cost estimate for the coverage provisions of the legislation. They reflect
specifications provided by the committee staff rather than detailed analysis of the
legislative language. They do not include certain costs that the government would
incur to administer the proposed changes and the impact of the bill’s provisions on
other federal programs. Nevertheless, the estimates reflect the major net budgetary
effects of H.R. 3200.August 13, 2009 at 2:24 PM #444604ZeitgeistParticipantEffects of the Key Provisions of H.R. 3200
The legislation would establish a mandate to have health insurance, expand eligibility for Medicaid, and establish new health insurance exchanges through which some people could purchase subsidized coverage. The options available in
the insurance exchange would include private health insurance plans as well as a public plan that would be administered by the Secretary of Health and Human Services. The specifications would also require payments of penalties by uninsured individuals, firms that did not provide qualified health insurance, and other firms
whose employees would receive subsidized coverage through the exchanges. The plan would also provide tax credits to small employers that contribute toward the cost of health insurance for their workers. Collectively, those provisions would yield a significant increase in the number of
Americans with health insurance. By 2019, CBO and the staff of JCT estimate, the number of nonelderly people without health insurance would be reduced by about 37 million, leaving about 17 million nonelderly residents uninsured (nearly half of whom would be unauthorized immigrants). In total, CBO estimates that enacting those provisions would raise deficits by $1,042 billion over the 2010-2019 period.By the end of the 10-year period, in 2019, the coverage provisions would add
$202 billion to the federal deficit, CBO and JCT estimate. That increase would be
partially offset by net cost savings of $50 billion and additional revenues of
$86 billion, resulting in a net increase in the deficit of an estimated $65 billion.
It is important to note that the figures presented here do not represent a complete
cost estimate for the coverage provisions of the legislation. They reflect
specifications provided by the committee staff rather than detailed analysis of the
legislative language. They do not include certain costs that the government would
incur to administer the proposed changes and the impact of the bill’s provisions on
other federal programs. Nevertheless, the estimates reflect the major net budgetary
effects of H.R. 3200.August 13, 2009 at 2:24 PM #444941ZeitgeistParticipantEffects of the Key Provisions of H.R. 3200
The legislation would establish a mandate to have health insurance, expand eligibility for Medicaid, and establish new health insurance exchanges through which some people could purchase subsidized coverage. The options available in
the insurance exchange would include private health insurance plans as well as a public plan that would be administered by the Secretary of Health and Human Services. The specifications would also require payments of penalties by uninsured individuals, firms that did not provide qualified health insurance, and other firms
whose employees would receive subsidized coverage through the exchanges. The plan would also provide tax credits to small employers that contribute toward the cost of health insurance for their workers. Collectively, those provisions would yield a significant increase in the number of
Americans with health insurance. By 2019, CBO and the staff of JCT estimate, the number of nonelderly people without health insurance would be reduced by about 37 million, leaving about 17 million nonelderly residents uninsured (nearly half of whom would be unauthorized immigrants). In total, CBO estimates that enacting those provisions would raise deficits by $1,042 billion over the 2010-2019 period.By the end of the 10-year period, in 2019, the coverage provisions would add
$202 billion to the federal deficit, CBO and JCT estimate. That increase would be
partially offset by net cost savings of $50 billion and additional revenues of
$86 billion, resulting in a net increase in the deficit of an estimated $65 billion.
It is important to note that the figures presented here do not represent a complete
cost estimate for the coverage provisions of the legislation. They reflect
specifications provided by the committee staff rather than detailed analysis of the
legislative language. They do not include certain costs that the government would
incur to administer the proposed changes and the impact of the bill’s provisions on
other federal programs. Nevertheless, the estimates reflect the major net budgetary
effects of H.R. 3200.August 13, 2009 at 2:24 PM #445010ZeitgeistParticipantEffects of the Key Provisions of H.R. 3200
The legislation would establish a mandate to have health insurance, expand eligibility for Medicaid, and establish new health insurance exchanges through which some people could purchase subsidized coverage. The options available in
the insurance exchange would include private health insurance plans as well as a public plan that would be administered by the Secretary of Health and Human Services. The specifications would also require payments of penalties by uninsured individuals, firms that did not provide qualified health insurance, and other firms
whose employees would receive subsidized coverage through the exchanges. The plan would also provide tax credits to small employers that contribute toward the cost of health insurance for their workers. Collectively, those provisions would yield a significant increase in the number of
Americans with health insurance. By 2019, CBO and the staff of JCT estimate, the number of nonelderly people without health insurance would be reduced by about 37 million, leaving about 17 million nonelderly residents uninsured (nearly half of whom would be unauthorized immigrants). In total, CBO estimates that enacting those provisions would raise deficits by $1,042 billion over the 2010-2019 period.By the end of the 10-year period, in 2019, the coverage provisions would add
$202 billion to the federal deficit, CBO and JCT estimate. That increase would be
partially offset by net cost savings of $50 billion and additional revenues of
$86 billion, resulting in a net increase in the deficit of an estimated $65 billion.
It is important to note that the figures presented here do not represent a complete
cost estimate for the coverage provisions of the legislation. They reflect
specifications provided by the committee staff rather than detailed analysis of the
legislative language. They do not include certain costs that the government would
incur to administer the proposed changes and the impact of the bill’s provisions on
other federal programs. Nevertheless, the estimates reflect the major net budgetary
effects of H.R. 3200. -
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