- "Could it be that the press is finally catching on to the fact that the Democrats’ health care reform bills don’t decrease costs? New York Times columnist David Leonhardt rips up the House bill in a column today. He writes, “Making the medical system more efficient is, in short, about saving lives and giving Americans a long overdue raise. It is arguably the single most important step that the federal government could take to improve people’s lives. And the bill that the House of Representatives passed last weekend simply does not get it done.”
The Politico also gets in on the act, writing “Barack Obama ran for president on a promise of saving the typical family $2,500 a year in lower health care premiums. But that was then. No one in the White House is making such a pledge now. It’s one of the most basic, kitchen-table questions of the entire reform debate: Would the sweeping $900 billion overhaul actually lower spiraling insurance premiums for everyone? No one really knows. …. [MIT health economist Jonathan] Gruber, the favorite economist of the White House, said the bill “really doesn’t bend the cost curve.” … Reminded that Obama demanded a bill that lowers health care spending, Gruber said: “That is what he would like to do. But he’s not doing it.””
And ABC News corrects the Democrats’ claim that insurance company profits are responsible for increasing health insurance costs. ABC News reports, [T]he companies’ profits still represent a miniscule percentage of the $2.5 trillion Americans spend every year on health care. “Insurance company profits in the large picture have very little to do with the overall rising cost of health care,” said health care expert Henry Aaron, a senior fellow at the Brookings Institution.” Link
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