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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPresident scales back Obamacare promises as cost of insurance exchanges doubles
http://bangordailynews.com/2013/04/11/politics/president-scales-back-obamacare-promises-as-cost-of-insurance-exchanges-doubles/print/The $1.3 trillion U.S. health-care system overhaul is getting more expensive and will initially accomplish less than intended.
Costs for a network of health-insurance exchanges, a core part of the Affordable Care Act, have swelled to $4.4 billion for fiscal 2012 and 2013 combined, and will reach $5.7 billion in 2014, according to the budget President Barack Obama sent Wednesday to Congress. That spending would be more than double initial projections, even though less than half the 50 states are participating.
The unanticipated spending is a consequence of an ambitious timetable dictated by Congress and a complex new way of offering people medical coverage, say analysts, lobbyists and administration officials. Combine that with a majority of Republican governors declining to cooperate with a Democratic president and U.S. regulators are left grasping to get the 2010 health law up and running by a Jan. 1, 2014, deadline.
Once youre behind schedule, the way you solve problems is you write checks, said Doug Holtz-Eakin, a former Congressional Budget Office director who is now president of the American Action Forum, which has opposed the health law.
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President scales back Obamacare promises as cost of insurance exchanges doubles (Original Post)
eridani
Apr 2013
OP
Warren Stupidity
(48,181 posts)1. Source quoted in article is suspect.
I'm sure there are going to be issues but the rightwing has been priming the propaganda pump with this shit ever since they failed to have it tossed out of court or to capture congress.
Kolesar
(31,182 posts)2. Administrative costs for the Pentagon and other departments run into the billions of dollars, too
Yes, their messaging is deceptive.
DCBob
(24,689 posts)3. The GOPers are all over this. Obamacare is their number one talking point.
They are still getting traction with the low info/Faux news crowd.
eridani
(51,907 posts)4. The shit will really hit the fan when--
--the federal subsidies for the exchanges go away. If we don't move to single payer then, we are fucked politically and in a lot of other ways.