Today the Senate Finance Committee is going to vote on Max Baucus' healthcare bill. Can't you just taste the excitement among the American people? Right .... I guarantee you that more people know how their college football team did over the weekend then know what is going on in Washington. But if this Baucus bill passes committee, we can get things cranking in the full Senate on this healthcare charade.
If you are still one of these Americans who believes that the Democrats want to reform healthcare in order to save your wallet, I would bet dollars to doughnuts that you were educated in a government school. It's ok. There's still some hope for you ... after all, you ARE reading Nealz Nuze. So for one last ditch effort, I am going to provide you some details on how this Baucus bill will not decrease healthcare costs for you and your family. In fact, quite the opposite.
A health insurance industry trade group by the name of PricewaterhouseCoopers just released a study about the Baucus bill. Now let's stop right there for a minute. The Democrats immediately discount this study because of two reasons. First of all, it comes from the evil, filthy insurance industry. Secondly, because it was released just days before the Senate committee vote on the bill. For these reasons, the Democrats are brushing aside these findings, claiming that they are illegitimate. Illegitimate? Tell that to the families that are going to be paying the increased costs for these Democrat dreams and schemes!
Of course they would want to try and cut the legs off of a report like this, because it found that the Baucus bill will actually INCREASE the cost of private insurance coverage over the years. Here are some of the details thanks to NRO's The Corner:
This analysis shows that the cost of the average family coverage is approximately $12,300 today and could be expected to increase to approximately:
- $15,500 in 2013 under current law and to $17,200 if these provisions are implemented.
- $18,400 in 2016 under current law and to $21,300 if these provisions are implemented.
- $21,900 in 2019 under current law and to $25,900 if these provisions are implemented.
This analysis shows that the cost of the average single coverage is $4,600 today and could be expected to increase to:
- $5,800 in 2013 under current law and to $6,400 if these provisions are implemented.
- $6,900 in 2016 under current law and to $7,900 if these provisions are implemented.
- $8,200 in 2019 under current law and to $9,700 if these provisions are implemented.
Just think about that, folks. The cumulative increase for a typical family would be over $20,000 over the next ten years. What could you do with that money? What could you invest in with that money? What could you purchase? Instead, it will be wrapped up in paying more for your healthcare just so some ego-driven politician can get his picture at a signing ceremony for this healthcare bill. Just so he can buy votes from the moocher class that will allow him to stay in office with all the perks and the prestige he currently enjoys.