Public Option To Cut Health Costs? Medicare's Record Says Dream On


	Public Option To Cut Health Costs? Medicare's Record Says Dream On

Newzworth

6-30-2009 10:11 AM

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Newzworth says:

There is not a single ounce of logic or truth to the presidential predictions about initiatives like Universal Healthcare. The apocolyptic fear that the current administration is marketing to me is so full of holes only an idiot (or an Obama bot) would miss it

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/468e5840-7be2-4ce4-ae06-d715dd63e202/AE7C14A2-30C9-4803-9252-7F1C405831CB/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.facebook.com/home.php" href="http://www.facebook.com/home.php" style="font-size: 11px;">www.facebook.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.facebook.com/home.php"><SPAN id="buddy_count">Chat <SPAN class="buddy_count_num">(<STRONG>2</STRONG>)</SPAN></SPAN></blockquote><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content8.clipmarks.com/images/clip-icon.gif" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.investors.com/NewsAndAnalysis/Article.aspx?id=480067" href="http://www.investors.com/NewsAndAnalysis/Article.aspx?id=480067" style="font-size: 11px;">www.investors.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.investors.com/NewsAndAnalysis/Article.aspx?id=480067"><H2>
            Public Option To Cut Health Costs? Medicare's Record Says Dream On
        </H2></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.investors.com/NewsAndAnalysis/Article.aspx?id=480067"><P>'First, the rising cost of health care must be brought down." That's what President Obama recently declared when outlining the basic principles of his health care plan.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.investors.com/NewsAndAnalysis/Article.aspx?id=480067"><P>The centerpiece of President Obama's plan is a "public option," described by Tom Daschle as "a government-run insurance program, modeled after Medicare." The president asserts that this new Medicare-like program would cut costs.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.investors.com/NewsAndAnalysis/Article.aspx?id=480067"><P>The president himself says that "over the last decade" Americans "have seen their out-of-pocket expenses soar." But, according to official government figures, per-patient out-of-pocket costs have risen only 35% since 2000, while Medicare's per-patient costs have risen 59% — again, even without the prescription drug benefit.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.investors.com/NewsAndAnalysis/Article.aspx?id=480067">this would suggest that the key to lowering costs is to let consumers control more of their own resources — that when they have the freedom and incentive to pursue value, they know how to keep costs down</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/AE7C14A2-30C9-4803-9252-7F1C405831CB/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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