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For Immediate Release
Friday, April 23, 2010
Contact: Ryan Murphy
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Report Shows Higher Costs of ObamaCare

Congressman Tom Price (R-GA) issued the following statement regarding the recent report from the Chief Actuary of Medicare that ObamaCare will increase national health care expenditures by at least $311 billion by 2019. The report indicates that this increase will be much higher in the likely event that planned cuts to Medicare do not take place.

“The Democrats’ plan rests on the ridiculous notion that skyrocketing health care costs will be reined in if Washington just increases spending by trillions of dollars,” said Congressman Price. “As the Chief Medicare Actuary’s report illustrates, that is completely absurd. This government takeover of health care does not control costs; it actually increases the amount we spend on health care nationally.

“The real increase in spending is almost certain to be even higher than the reported balance of $311 billion because the new health care law relies on unlikely future cuts to Medicare. The news on Medicaid is no better. The Administration chose to put more than half of all newly insured individuals under their plan into Medicaid. Unfortunately, this report confirms that the influx of new Medicaid enrollees will have serious trouble gaining access to care because the program does not cover the costs associated with its patients.

“The only way to make quality health care both more affordable and more accessible is to put patients in charge. When Washington controls things that should rightly be handled by patients and their families, you get bureaucratic decisions that ignore cost signals and the individual needs of individual patients. One size does not fit all in health care. This report is yet another indication that ObamaCare must be repealed and replaced with true patient-centered health care reforms.”

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