“And it [the health reform plan] will slow the growth of health care costs for our families, our businesses, and our government.” -- President Obama, September 10, 2009
 
The Centers for Medicare and Medicaid Services (CMS) released a new analysis of ObamaCare, confirming that our nation’s health care costs will increase rather than decrease under ObamaCare and violating a pledge President Obama made to the nation on September 10, 2009.  CMS concluded:
 
-- National health care expenditures will increase by $311 billion.

-- Health care increases to 21% of GDP by 2019.

-- ObamaCare spends more than $828 billion for health care coverage.  (CMS didn’t analyze all the tax increases, such as HSAs, FSAs, increasing the AGI threshold, etc.)

-- The government will spend $410 billion to expand Medicaid.

-- Medicaid enrollment increases by 20 million new beneficiaries.

-- 18 million people will be uninsured (excluding 5 million illegal immigrants).

-- Uninsured and those employers who don’t offer coverage will pay $120 billion in taxes.

-- 50% of seniors will lose their Medicare Advantage plans.

-- Some of the Medicare cost-control mechanisms may not be sustainable.

-- Community Living Assistance Services and Supports (CLASS) will run a deficit in 15 years.

-- The $5 billion for High Risk Pools is not enough.

-- Doctors may drop out of Medicare because of the changes in Medicare reimbursement rates.

-- Medicare “savings” may be difficult to achieve.
 
For previous ObamaCare Flatlines, go to http://www.gop.gov.