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The "Affordable" Patient Care Act?

Imminent and vast Medicaid expansion threatens the nation's economy.

A local newspaper headline reads, “Feds Will Cover Most New Medicaid Costs,” to which I would respond, “How?” 

The article details the vast expansion of the Medicaid rolls which is to take place under the “Affordable Patient Care Act”/”Obamacare,” and notes that the federal government pledges to cover all of the new costs for a period of three years, and thereafter to be responsible for 90 percent of the bill. 

A separate article in the same publication notes that the Medicaid rolls in Pennsylvania alone are expected to balloon by 800,000 individuals.

The eye-opening word in the title of the legislation is “Affordable”, which surely will come to be recognized as comical.

We are a nation with a debt of $16.4 trillion that is on the books, tens of trillions more in unfunded entitlement program promises and trillion dollar plus annual deficits. We borrow 40 cents of every dollar we spend. We face the potential for interest payments on the debt alone to rise to one trillion dollars per year at the point at which the Federal Reserve Board is no longer able to manipulate interest rates to be close to zero. One trillion dollars is almost half of current annual federal government revenues.

The Obama administration would have us believe that savings can be wrung out of the health care system in large part through slashing payments to health care professionals and facilities. This is nonsense, and if there is an attempt to implement it, it would serve to push many hospitals into insolvency and would bring about a further decline in the number of health care providers that are willing to accept patients that are covered by government insurance.

At a time that the American people are becoming more obese, sedentary, disease-ridden, and dependent on dangerous drugs that merely treat symptoms, the Affordable Patient Care Act, with its elaborate new benefits, is certain to bring further fiscal distress to our nation.

What will happen when our economic system collapses under its own weight, when American currency is no longer king, and the government loses the ability to write checks with borrowed money for our panoply of entitlement and welfare programs?

I believe that the failure to tighten our belts and be sensible now is planting the seeds for future calamity and widespread and potentially devastating civil unrest which will make that which has occurred in Greece appear tame by comparison.  The road ahead is certain to be rough.

This post is contributed by a community member. The views expressed in this blog are those of the author and do not necessarily reflect those of Patch Media Corporation. Everyone is welcome to submit a post to Patch. If you'd like to post a blog, go here to get started.

Ed M November 30, 2012 at 12:23 PM
"Too many tests, such as MRI for LBP or X-RAYS for knee sprains, drive up costs" Here's the rub - insurance health insurance companies are issuing authorizations for these tests and then not paying for them because they are deemed to not be medically necessary! If they are not medically necessary, why did they issue and authorization?
Mike November 30, 2012 at 01:56 PM
We had school lunch programs in the late 1970's when I started school. Not sure when you're talking about, Gandalf.
Roger December 01, 2012 at 01:14 AM
Mike, good catch. Undoubtedly, not many Patch readers would have picked up on Gandalf in the late 70s. Gandalf communication devices were a significant breakthrough in electronic communications. Before the days of computer networks, Gandalf switching devices were important when needing to do the many-to-one connections. But, since you brought up the topic, this is probably not news to you. For those who missed the relationship between Gandalf and the late 70s, here is a brief description, http://en.wikipedia.org/wiki/Gandalf_Technologies Thanks, Mike for making the post. Reliving old technologies, huh?
Steve Karas December 01, 2012 at 03:44 PM
I agree. One way insurance companies are doing that already (UPMC) is waiving a very high deducatable for people if they go to a yearly "well visit" or physical. So I would think if UPMC is doing it, there must be some cost savings for them long term. So initially regulations and financial incentives might need to be used to change people's 'mind set.'
DanielBosh December 03, 2012 at 01:38 PM
I guess you've never heard of Sweden Denmark or Norway.

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