by Mish

We are not even sure if the revisions will save any money.

Regardless, House Republicans Ready to Push Ahead on Health Plan Without a Price Tag.

House Republican leaders are set to take the politically risky gamble Wednesday of asking their colleagues to vote on a bill replacing the Affordable Care Act without official estimates of the GOP plan’s cost or coverage losses.
By moving ahead without an official “score” from the Congressional Budget Office—an estimate of how much the bill would cost and how many people might lose coverage over the next 10 years—Republican leaders are asking members to vote on a bill without independent verification that it achieves what it claims. The unknowns surrounding the bill also have served as a boon to its opponents, including some House conservatives, who are resisting moving ahead without a better understanding of its cost implication.
In a Tuesday afternoon news conference, Health and Human Services Secretary Tom Price said the bill would be adjusted after an official cost estimate from the CBO is released. Asked if the bill would raise the budget deficit, Mr. Price responded that it isn’t “the goal and the desire that I know of the individuals on the Hill.”
“We don’t know how many people would use this new tax credit, we don’t know how much it will cost, and we don’t know if this bill will make healthcare more affordable for Americans,” Utah Sen. Mike Lee, a Republican, said in a statement. “This is exactly the type of backroom dealing and rushed process that we criticized Democrats for,” Mr. Lee said.
Republicans criticized its size and excoriated Democrats for rushing the bill through Congress before all its details were known.
“Before Congress changes health care as the American people know it, we must know the likely consequences of the House Democrat legislation,” Mr. Ryan wrote in a letter to CBO at the time.

Shades of Nancy Pelosi

I guess we have to pass the bill to find out what’s in it and what it will cost.

The Goal?

We do not know what the goal is, but we know what it isn’t.

Asked if the bill would raise the budget deficit, Health and Human Services Secretary Tom Price responded that it “isn’t the goal”.


Earlier today I commented on Republican Debt Ceiling Shenanigans.

This Obamacare replacement fiasco is further proof the fiscal hawk conservatives of the prior eight years are nothing but a pack of hypocrites now that they are in power.

Mike “Mish” Shedlock

Republican Debt Ceiling Shenanigans

Now that Republicans are in control of the Executive and both Legislative houses, might it be time to address the budget deficit?

Rand Paul’s “Obamacare Replacement Act” vs. Mish Health Care Proposals

Please consider Senator Rand Paul’s “Obamacare Replacement Act“. Paul’s bill allows cross-state insurance. That’s a step in the right direction.

Health Care Costs Rising Sharply (And It Will Get Worse)

Inquiring minds are diving into Kaiser Family Foundation reports on health care. The charts and stats are not pretty, and they are sure to get worse.

Republican Sponsored “Trumpcare” Passes House: Hooray?

Trump is giddy as are many Republicans over a bill to repeal and replace Obamacare that took place moments ago in the House.

Explaining the High Cost of US Health Care: No Skin in the Game

Costs are expensive because there is almost no skin in the game. Graft has taken over.

Shutdown Q & A: Unwarranted Debt Ceiling Drama, Republican Hypocrisy

At the annual Jackson Hole Federal Reserve symposium, Fed governor Jerome Powell Warns About Failure to Raise Debt Ceiling.

Project Nightingale: What Does Google Know About Your Health?

Google has access to the health records of millions of people in 21 states. Most patients are uninformed.

Anthem Drops Obamacare in Ohio: 300,000 Without Insurance? Gruber Strikes Again

House Speaker Paul Ryan’s attempt to replace Obamacare was sheer madness. Left alone, Obamacare was imploding anyway. Republicans should have waited for Democrats to beg them to “do something”.

Behind the EpiPen Pricing Scandal: Why Generics Don’t Necessarily Reduce Prices – Mish Proposals

Despite widespread availability of generic versions, customers do not often use them. Why?