Health Care Reform Law Gets Devastating Critique
Health Care Reform Law Gets Devastating Critique
We have all heard the pros and cons of the health care reform law but rarely do we get a report from a prominent government official that gives this much insight to the long term effects of the new health care reform law.
Rick Foster is the Chief Actuary of Medicare, and his office has just released a devastating critique of the Administration’s health care reform law.
Before getting to details, let me say there is nothing in the report that is surprising. What is surprising is that one of the most respected agencies of the U.S. government is completely undermining the Alice-in-Wonderland fables being spun by the White House, on Capitol Hill and in the mainstream media.
Some highlights from Mr. Fosters comments on health care reform:
- You cannot take close to one trillion dollars away from one group of people and spend it on another group of people and somehow leave those footing the bill better off.
- You cannot give millions of people large increases in health care without creating any new doctors, new nurses or other paramedical personnel.
- You cannot arbitrarily reduce what you are paying health care providers by billions of dollars and still expect to get the same quantity and quality of health care.
- You cannot give millions of patients and thousands of doctors new incentives to waste medical resources and then expect health care spending to go down.
Read the entire report by Rick Foster. Excerpt taken from post by John Goodman at National Center Policy Analysis www.ncpa.org dated April 26, 2010.
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