Update: CBOs estimate is not cost indexed for inflation and is based on staff updates not voted on by Cmte; Health Care Action Alert: It’s the final countdown! Please call today!

Update 4: 12:32 pm PANEL VOTING (CNBC chyron) 1:53pm still no final vote but lots of yap yap we r the glorious leaders yap yap my YES is a maybe says Snowe and Lincoln yap yap yap process yap yap then a break…

U.S. Senate Republican Whip Jon Kyl quizzes Congressional Budget Office Director Douglas Elmendorf during the Senate Finance Committee’s markup of the Baucus conceptual health-care reform bill. Kyl’s questioning revealed that the CBOs estimated cost of the bill was incorrect, because it was not indexed for inflation due to the fact that aspects of the bill were changed by the Democratic staff that the committee had not voted on.

Update 3 at end of post

Update 2: Is Baucus just so excited about today’s vote that he opened the panel by calling it to order to vote, even though they will have testimony from CBO and JCT first? Apparently. Newsbites this morning Lieberman (I-CT) on Imus said he is a no vote, Snowe sounds like the yes OF COURSE, but sounds coy. She was pooh poohing the AHIP PWC audit, let’s hope CBO explains to her that employers and insurers WILL alter their plans thereby raising premiums over and above the hike with no plan…

Update: CBO and Joint Committee on Taxation to testify to Baucus’  Senate Finance Panel today BEFORE the vote this afternoon!!!! BAUCUS just called the panel to order to vote now!? 10:15 am EST, GIRD YOURSELVES

CSPAN should cover it. Both CBO and JCT show that employers and insurers will act to restructure plans to try and avoid Baucus ‘excise taxes and fees’ thus the 150m happily insured Americans WILL NOT be able to keep what they have.

HOW CAN THEY TAX US, LET THEM COUNT THE WAYS:

WashingtonExaminer:

(..)As The Examiner‘s Susan Ferrechio reported last week, there are a variety of provisions in the bill designed to generate revenue, including $426 billion in Medicare and Medicare Advantage benefit cuts, $4 billion in new fines imposed on those who do not purchase insurance, $201 billion in new levies on health insurance companies with high-end health insurance plans, $180 billion in new taxes on medical devices and drugs, $83 billion in new income taxes on individuals, and $25 billion in new taxes on employers. There will also be significant reductions in Medicare reimbursements to hospitals, which will in turn generate more cost shifting from such facilities to the patients using them…

2.  Tuesday: Call the Senate Finance Committee AGAIN tell them our economy cannot afford another massive government spending bill

2.  Wednesday, Thursday, Friday: Call your Senators and your Representative; tell them as a constituent you are asking them to vote NO on government take over of Health Care.

London is calling and saying DONT F*CKIN DO IT AMERICA!! DONT NATIONALIZE YOUR HEALTH SERVICES!! Or they would if they knew how their lives were being weighted, stories are just coming to a head now with seniors living past the dates NHS proclaimed they would as they eased them onto the Soylent Greenesque Liverpool Pathway….these fees and taxes will further shut down hiring and recovery of growth…we cannot maintain our current level of Entitlement Spending with less than 3% GDP growth and this additional burden will break us IMO

Update 3: Rather than the standard mortality rates bandied about, I think the SURVIVAL RATES among illnesses is the go to indicator for the superiority of the American Medical System. How about we all agree now, that if the survival rates among women for breast cancer go DOWN in America, we all agree the plan has failed the people. That is what I am afraid of, loss of our superior survival rates for illnesses that kill far more people in countries with the system the Dems want to implement, UK, Canada, look at breast cancer, colon cancer, heart disease survival rates. Especially since October is Breast Cancer Awareness month.

(…)Today, there are over 2.5 million survivors in the U.S., and if advances in research continue, survival rates are sure to rise higher in the future.

Finding a cure for breast cancer is a cause close to my organization, the Independent Women’s Forum. We lost our founder and a colleague to the disease.

That’s one of the many reasons that we are concerned about current proposals to radically alter the U.S. health care system: These proposals could jeopardize important advances in treatment, to the detriment not only of American women but of women around the world.

Currently, America leads the world in much of the medical research arena in part because our country is one of the few places that reward those who invest in developing new treatments and technologies. While some may try to demonize the profit motive, the desire for a big payoff fuels investment and enables scientists to focus on bringing the next groundbreaking treatment to market.

As the government seeks to squeeze money from the system, investors will have less of an incentive to pour their resources into this kind of research.

The Obama administration’s plans call for the establishment of a Health Benefits Advisory Committee to determine the coverage that Americans must have, creating a one-size-fits-all health insurance marketplace. The government’s “Center for Comparative Effectiveness Research” would be charged with analyzing available treatments to determine which are “efficient” and which are not…( go read the whole thing)

The UK claims their cancer survival lag is the patients fault. Nice.

Cancer patients are dying because they are too polite, a survey has revealed.

(more…)

October 12, 2009. Tags: , , , , , , . Economy, Healthcare, Obama Administration, Politics, Unemployment Statistics. Comments off.

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