Tag Archives: Cost

John Stossel annihilates Michael Moore in ABCNews health care debate

UPDATE: Welcome, readers from Pundit and Pundette! Thanks for the link!

Note: If you prefer to learn about socialized vs consumer-driven health care with podcasts, click here.

ABCNews features libertarian John Stossel explaining what’s wrong with socialized medicine!

Here’s part 4, which contains the showdown with Michael Moore.

Here is the entire show in 6 parts:

Voters laugh when Democrat claims that socialized medicine will save money. (H/T Michelle Malkin, Hot Air)

Meanwhile, Pundit and Pundette wonder why the elderly voted for Obama, especially in view of Obama’s latest slip.

UPDATE: ECM e-mails more John Stossel.

New Lewin study: 83 Million would lose private health coverage under Obamacare

Story from the American Spectator. (H/T ECM)

Excerpt:

Democrats and President Obama have denied that the creation of a new government-run health care plan would be a Trojan Horse for single-payer health care, but a new report by the Lewin Group (comissioned by the Heritage Foundation) finds that the House Democrats’ health care bill would shift more 83.4 million Americans from private health care coverage to the government plan. To put that in perspective, that would mean that nearly half (48.4 percent) would lose their private health coverage. In all, the government plan would have 103.4 million members once implemented, according to the Lewin analysis. President Obama has repeated the mantra that anybody who likes their health insurance plan can keep it, but in reality about 63 percent of covered Americans get their health care through their employers, and if employers decide to drop their current health plans in favor of the government plan, workers won’t have any choice but to sign up.

The reason for the dramatic shift is that the Lewin Group has anticipated that with government setting lower reimbursement rates for doctors, hospitals and other health care providers, the government plan will offer lower premiums than private plans. However, the flip side is that the Congressional Budget Office estimates providers will lose $361.9 billion in revenue over the next decade if the House bill is passed. That will mean lower quality of care, shortages in doctors and hospitals, and/or increased shifting of costs on to those with private health care. Should further cost-shifting occur, it will then in turn erode private health care coverage even more dramatically.

He’s a socialist. He wanted single-payer health care. He wants to control whether you can buy medical services. He wants to confiscate your earned income that you want to use to pay for your prostate cancer treatment, and he wants to spend it on someone else’s elective abortion. Understand?

Keith Hennessey and Howard Dean debate health care reform on CNBC

You need to click through to see the video. (11 minutes long)

It’s a great little debate! I recommend watching it.

HINT: Somebody won, and somebody lost. And it’s obvious.

About Keith Hennessey

Keith Hennessey is the former Assistant to the U.S. President for Economic Policy and Director of the U.S. National Economic Council. He was appointed to the position in November 2007 by President George W. Bush, and served until the end of Bush’s second term in office. Mr. Hennessey served in the White House since August 2002, when he was appointed to his previous position of Deputy Assistant to the U.S. President for Economic Policy and Deputy Director of the U.S. National Economic Council.

Hennessey holds a B.S. in Mathematics and Political Science from Stanford University as well as a Master of Public Policy from the John F. Kennedy School of Government at Harvard. The title of his Harvard public policy thesis was Unintended Consequences: Critical Assumptions in the Clinton Health Plan.

About Howard Dean

Yeaarrrrrrghhh! He makes Al Franken look like an even-tempered centrist.