IPFS News Link • Healthcare
Senate’s 10-year health fix would cost US $856B
• APSen. Max Baucus on Wednesday released the much-awaited Finance
Committee version of an American health-system remake — a landmark $856
billion, 10-year measure that starts a rough ride through Congress
without visible Republican backing.
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1 Comments in Response to Senate’s 10-year health fix would cost US $856B
Using the basis for Medicare, let's apply this to the bill mentioned here.
In 1965, Medicare expenditures were estimated to be $9 billion in 1990.
Actually 1990 expenditures. $67 billion. Only missed by a factor of more than 7.
So, let's apply this to this idiotic bill. 10 cost $856 billion. Actually estimated costs - nearly $6.5 trillion. I wouldn't be surprised if it cost more.