Thursday, February 25, 2010

Obama Stops Pretending On Health Care Cost Containment

Wasn't that what it was supposed to be all about - curve bending and all that happy horse crap?

At Thursday’s health summit, President Barack Obama is almost certain to highlight the importance of reining in skyrocketing health care costs.

But in his own health care bill, it’s a different story.

Obama has put off a tax on high-cost health plans until 2018 — long after he’s out of office, even if he’s a two-termer. And in doing so, he’s essentially neutered the last significant Democratic push to control health costs.

When Obama launched his health care project, the case for reform rested on two pillars. One was helping people who had no insurance or were otherwise struggling with the current system. The other was taking dramatic steps to halt the growth in costs. As the debate lurches toward a close, the emphasis in Obama’s plan now rests overwhelmingly on the first pillar — with only the most modest and preliminary measures being embraced for cost control.

“They thought [the tax] was a major part of their ability to slow the growth in private-sector premiums. And now, at least until after 2017, it doesn’t look like they will bend the cost curve,” said Ken Thorpe, an Emory University professor and Democratic health policy adviser.


Read more: http://www.politico.com/news/stories/0210/33468.html#ixzz0gYeD1grD

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