03-21-2010, 07:07 PM
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So Fucking Banned
Join Date: Dec 2005
Posts: 1,785
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Quote:
Originally Posted by JaneB
To pay for the changes, the legislation includes more than $400 billion in higher taxes over a decade, roughly half of it from a new Medicare payroll tax on individuals with incomes over $200,000 and couples over $250,000. A new excise tax on high-cost insurance policies was significantly scaled back in deference to complaints from organized labor.
In addition, the bills cut more than $500 billion from planned payments to hospitals, nursing homes, hospices and other providers that treat Medicare patients. An estimated $200 billion would reduce planned subsidies to insurance companies that offer a private alternative to traditional Medicare.
The insurance industry warned that seniors would face sharply higher premiums as a result, and the Congressional Budget Office said many would return to traditional Medicare as a result.
The subsidies are higher than those for seniors on traditional Medicare, a difference that critics complain is wasteful, but insurance industry officials argue goes into expanded benefits.
http://news.yahoo.com/s/ap/20100322/...bWFkZW1vY 3Jh
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Oh yeah. We're all gonna die. Obama just wants to fuck the country and put it in the crapper. Here's the deal. This entire health care bill could have been paid for by the cost of the war in Iraq. Duh....morons with a keyboard.
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