CBO: House Bill Would Cover 97 Percent Of Americans And Cost $1 Trillion
OPS_admin | Jul 14, 2009 | Comments 0
OPS: What about the remaining 17 million?
CBO: House Bill Would Cover 97 Percent Of Americans And Cost $1 Trillion
The Congressional Budget Office estimated in a letter to Rep. Charles Rangel (D-N.Y.) on Tuesday that the House health care reform proposal would reduce the number of uninsured by 35 to 37 million people, relative to current projections. The non-elderly insured population would increase to 94 percent.
Excluding illegal immigrants, that brings the total covered under the plan to 97 percent of all Americans. Three million people, the CBO estimates, would switch from employer-based coverage to coverage from an insurance exchange. The exchange would be similar to the health insurance options available to members of Congress, with a required minimum amount of coverage.
Another three million wouldn’t have an offer of employer coverage to decline — a significant number, but far from the tens of millions losing insurance that the GOP has cited.
The CBO estimated the public plan offered by the bill would be roughly 10 percent less expensive than other plans in the insurance exchange and that 9 to 10 million people would enroll in it.
via CBO: House Bill Would Cover 97 Percent Of Americans And Cost $1 Trillion.
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If we don't change our ways soon...
A new report by the Royal Society, chaired by Nobel prize-winning biologist Sir John Sulston warns that world population must be stabilized and consumption in wealthy nations must be reduced or the entire planet is in big trouble. As the report reads: "The number of people living on the planet has never been higher, their levels of consumption are unprecedented and vast changes are taking place in the environment. We can choose to rebalance the use of resources to a more egalitarian pattern of consumption... or we can choose to do nothing and to drift into a downward spiral of economic and environmental ills leading to a more unequal and inhospitable future."This is the same warning that President Jimmy Carter gave Americans back in the 1970's - but it was ignored when Ronald Reagan came to power with a "more positive" message basically telling Americans we can do whatever we want. And then after 9/11 - Bush told us all we should go shopping and consume ever more.And now with corporations calling the shots in Washington - long-term sustainability of the planet takes a back seat to short-term profits. If we don't change our ways soon - and embrace clean, alternative energy and educate women around the plant - then we all could be headed for a rough century.-Thom(Is there any chance we will learn in time? Tell us here.) -
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