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Medicare's Office of the Actuary confirms it: Obamacare nothing but a pack of lies

According to The National Review's Grace-Marie Turner, the wheels are already starting to come off Obamacare. She writes:

The administration's own actuary reported on Thursday (April 22) that millions of people could lose their health insurance, that health-care costs will rise faster than they would have if the law hadn't passed, and that the overhaul will mean that people will have a harder and harder time finding physicians to see them.

The White House is trying to spin the new report from Medicare's chief actuary Richard Foster as only half bad because it concludes that, while costs will increase, only 23 million people will remain uninsured (instead of 24 million previously estimated).

But looking at the details of Foster's report shows the many, many danger signs for Obamacare and how many of its promises will be broken ...

According to the report -- again, prepared by the government's own health care actuaries -- here are some of the program's spectacular failures:

About 14 million people will lose their employer coverage by 2019, as smaller employers terminate their plans and workers who currently have employer coverage enroll in Medicaid.

Businesses will pay $87 billion in penalties in the first five years after the fines trigger in 2014, partly because they can't afford to offer expensive, government-mandated coverage and partly because some of their employees will apply for taxpayer-subsidized insurance.

The new "CLASS Act" long-term-care insurance program will face "a significant risk of failure ... there is a very serious risk that the problem of adverse selection will make the CLASS program unsustainable."

Under the new law, national health spending will increase by $311 billion over the coming decade. And instead of bending the federal spending curve down, it will move it upward "by a net total of $251 billion" over the next decade.

An estimated 23 million people will remain uninsured in 2019, roughly 5 million of whom would be undocumented aliens; the remainder would be the 18 million who decline to get coverage and who will pay the penalty.

A significant portion of those newly eligible for Medicaid will have trouble finding physicians who will see them, and the increased demand for Medicaid services could be difficult to meet.

Less coverage, fewer choices, higher costs, and 23 million Americans still uninsured. Outraged yet? Wait 'till you get a load of this:

The economic report released last week by Health and Human Services, which indicated that President Barack Obama's health care "reform" law would actually increase the cost of health care and impose higher costs on consumers, had been submitted to the office of HHS Secretary Kathleen Sebelius more than a week before the Congressional votes on the bill, according to career HHS sources, who added that Sebelius's staff refused to review the document before the vote was taken.

"The reason we were given was that they did not want to influence the vote," says an HHS source. "Which is actually the point of having a review like this, you would think."

The analysis, performed by Medicare's Office of the Actuary, which in the past has been identified as a "nonpolitical" office, set off alarm bells when submitted. "We know a copy was sent to the White House via their legislative affairs staff," says the HHS staffer, "and there were a number of meetings here almost right after the analysis was submitted to the secretary's office. Everyone went into lockdown, and people here were too scared to go public with the report."

And liberal elites/the mainstream press still wonder why ordinary Americans are "angry"! Here's a hint: we're not all as stupid as you think. And now, we fully realize that two years ago we elected possibly the most dishonest and inept government this country has ever witnessed. With these revelations, the Republicans should have just been handed the 2010 midterm elections on a silver platter.

_________________

UPDATE: The Medicare Actuary says that the story claiming that HHS deliberately sat on his report until after the health care bill vote is false:

Foster tells ABC News that he received a copy of the bill on March 18, and knew then that he wouldn't be able to do a thorough analysis of it before the vote. He informed Sen. Mitch McConnell, R-Kentucky, about that fact in a letter on March 20.

"We could not have given anything to them the week before the bill was held," as the Spectator item claimed, Foster said, because he didn't receive the bill until March 18.

The House passed the Senate Democrats' health care reform bill on Sunday night, March 21, as well as "fixes" to the bill.

Four days later, on March 25, Senate Democrats passed the fixes.

So noted. However, everything contained in the actuary report that was highlighted in this blog post is accurate.


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Comments (17)

Obama is a pack of lies as ... (Below threshold)
914:

Obama is a pack of lies as well.

I am going to very, very, v... (Below threshold)
DaveD:

I am going to very, very, very disappointed in the Republicans if they don't make a big deal about the fact that the administration had this assessment before the healthcare vote and refused to release it because it might influence the vote.

MMM Now if it was a ... (Below threshold)
hcddbz:

MMM
Now if it was a Republican Administration then it would been the sworn duty of the office to LEAK this report.

This and the fact that GM paid down TARP money with TARP money.
You got to admit this Administration is the most Ethical , Transparent ever.

You know what stands out to... (Below threshold)
Hank:

You know what stands out to me in this news report?

This: "Everyone went into lockdown, and people here were too scared to go public with the report."

This is what should really be investigated.
Then again, with Holder as the AG, I guess the fear really does make sense.

On a not unrelated note... ... (Below threshold)
_Mike_:

On a not unrelated note... according to personneltoday.com (an HR centric website), IBM is supposedly considering "crowd sourcing" up to 100k of its full-time positions over the next 10 years.

What is "crowd sourcing" ?

Crowd sourcing is the act of taking a job traditionally performed by an employee and outsoucring it to an undefined group of people on a project-by-project basis, in the form of an open call.

Firms wishing to follow this model could encourage employees to set up a company with 10 or more colleagues, and buy back their services as and when needed.

These "crowd source" created companies would fall beneath the threshold where Lord Obama has deemed companies must provide healthcare insurance.

Of course, I suspect some well intentioned idiot will suggest that the "loop hole" be closed. However, the end result would simply be the jobs migrating to a country where the government was less hostile to operating a business.

So now we know WHEN Barry, ... (Below threshold)
GarandFan:

So now we know WHEN Barry, Nancy and Harry KNEW what they were saying was a pack of LIES.

Have these ASSclowns in the... (Below threshold)
914:

Have these ASSclowns in the White House ever turned a legitimate profit on anything they have ventured into that doesn't include screwing the taxpayer?

Short answer: NO

Do you not realize that thi... (Below threshold)
Grace:

Do you not realize that this is what the Obama administration wants?
They really do believe that "universal government healthcare" is the answer for this country.
Just because the people rejected it does not mean that they can't slip it in the backdoor by way of getting rid of for-profit insurance companies - note above about the workers in the U.S. losing their employer coverage and shifting people to Medicare.
We are only seeing the immediate picture. This administration had/has a long vision and they have used every trick and underhanded device to get the country there.

Sebelius's staff refused... (Below threshold)
Justrand:

Sebelius's staff refused to review the document before the vote was taken.
"The reason we were given was that they did not want to influence the vote,"

Ya...what a shame if the freaking TRUTH got in the way of the ObamaCare beat-down!

I would hope even the hopeless Leftist trolls on this site would be dismayed by the supression of a document INTENDED to "influence the vote" by providing REAL FACTS!!

Obama is a pack... (Below threshold)
Obama is a pack of lies as well.
I'd heard he was a "pack-a-day" man, but I'd thought they were talking about cigarettes.
And should republicans take... (Below threshold)
OLDPUPPYMAX:

And should republicans take the majority in November? Why NATURALLY they will suddenly declare Hussein Care to be "not as bad as first thought!" It will simply require a little TWEAKING! TRANSLATION: RINOS and the republican sell-out fringe will be frightened to death of the NY Times suggesting they are against health care for "the little people." So Husseincare will be REWORKED, but the utter power and control of the FEDS over 300 million lives will remain firmly in place. Merry f****** Christmas.

I tol' ya the bill was junk... (Below threshold)
ron:

I tol' ya the bill was junk. It is like throwing gasoline on a fire. Ol song goes something like this.

The roof
The roof
The roof is on fire
We don't care just let the ------------ burn.

Since when do facts and log... (Below threshold)
Caesar Augustus:

Since when do facts and logic even apply to Democrat legislation?

The overwhelming majority o... (Below threshold)
kevino:

The overwhelming majority of Americans in recent poles indicated that they don't trust their government. It would appear that the majority has good reason, and the minority don't have a clue.

Another line to throw back at Democrats:

If you're not outraged, you're not paying attention.

Obama is a LIAR!!!!... (Below threshold)
Wind Ward:

Obama is a LIAR!!!!

I don't understand the outr... (Below threshold)
Jim Addison:

I don't understand the outrage over this report. Sure, it underlines the hypocrisy and deceit of the Obama Regime, but its conclusions are hardly surprising.

Is there anyone who didn't understand that the true cost of the bill was being disguised by figuring 10 years of tax revenues being collected against only 6 years of benefits being paid out, AND assuming those benefits would increase at half the rate health care costs have risen for the last 25 years, AND assuming that $500 BILLION in Medicare cuts would be made in the next few years (which everyone knows won't happen)? The Democrats even tried to count those Medicare cuts TWICE - both as cost reductions and as revenue - before being caught at the deception.

When the massive deceptions required to even put up the ObamaCare monstrosity are considered, sitting on an internal report noting some of the real numbers seems rather minor to me.

Jim, I thought I'd wait a f... (Below threshold)
epador:

Jim, I thought I'd wait a few hours, but not even James H has bothered to respond to you or this post.

Cowards and Hypocrites.




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