How Do You Spell "Thug?"

How Do You Spell "Thug?"

Thursday, April 29, 2010

HOW TO SAVE MONEY, OBAMA STYLE

The chief Medicare actuary* declares that “overall national health expenditures under the health reform act would increase by a total of $311 billion”.  But, but President Obama said on TV that we'd SAVE $10 Billion!!  He wouldn't LIE to me, would he?  To me?  Would he? 
Moreover, within five years of implementation, the plan will cost employers $87 billion in penalties for failing to provide government-approved insurance.   At least Pelosi's jet fuel will be paid for.  And possibly her bar tab.
Despite crushing costs, and the likelihood of Medicare cuts “jeopardizing access to care,” 23 million Americans will still be uninsured nine years from now.  Well, that's a lot better than the current "30 million uninsured" we heard about on CNN. I'll let you do the cost-per-person math on that one, but you won't like the answer.

I must again ask: "How's that whole hopey-changey thingy workin' out for ya?"

*For those of you who attended public school, an actuary is a statistician, intensely trained and educated in finance, probability, and cost analysis.  Actuarial reports determine the cost of your life insurance, your auto insurance, your mortgage terms, your retirement plan, tire warranties, and health insurance, among others.  Add a 16-year-old son to your auto policy, and guess which direction your rates will have to go:  that's what an actuary figures out.  Add twenty million newly documented formerly illegal aliens to healthcare costs, and I'll bet that even you Public School prodigies can guess which direction costs will go...Oh, OK,  here's a story problem for you:


Mr. Sheeple wants to be patriotic and buy Government-approved healthcare insurance for his family of four from a Government-managed "Federal Healthcare Insurance Exchange,"  or Fed-HEX.  His policy must also cover 2.3 newly documented former illegal aliens,(surprisingly, every one registered as a Democrat).  Will the cost of his new Federal  Successful Citizen Kindness and Excellent  Resource Plan, or SUCKER Plan, go:


a.  Up
b.  Up substantially
c   Up exponentially
d.  Pssst! Dude?  Du-ude..?

HAT TIP:  mm, YRJofVA

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