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Even More CBO: The Marketplace Response to Magical Thinking is Usually Unmagical »
December 22, 2009
CBO Director: ObamaCare™ might reduce access and quality of care
In a "correction" letter sent to Dingy Harry, the CBO director lets the cat out of the bag regarding claimed Medicare savings.
...Medicare spending per beneficiary under the legislation would increase at an average annual rate of roughly 2 percent during the next two decades—well below the roughly 4 percent annual growth rate of the past two decades. It is unclear whether such a reduction in the growth rate could be achieved, and if so, whether it would be accomplished through greater efficiencies in the delivery of health care or would reduce access to care or diminish the quality of care....
I really pity the CBO analysts who are forced to work within a framework of magical thinking when they do all this scoring stuff.
Obviously seniors are thrilled with prospect of long waiting lists and substandard care, and you should be too. Less is more in the magic kingdom of Ogabeland.