{"id":2382,"date":"2009-12-01T13:38:13","date_gmt":"2009-12-01T18:38:13","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=2382"},"modified":"2009-12-01T14:19:24","modified_gmt":"2009-12-01T19:19:24","slug":"senate-health-bill-to-increase-costs","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/2382\/senate-health-bill-to-increase-costs\/","title":{"rendered":"Senate Health Bill to Increase Costs"},"content":{"rendered":"<p>Taxes, higher premiums and rationing.\u00a0  That\u2019s what consumers will face if <a href=\"http:\/\/online.wsj.com\/article\/SB125961297461570181.html\" target=\"_blank\"><span style=\"text-decoration: underline;\">the Senate\u2019s version<\/span><\/a> of health care reform becomes law.<\/p>\n<p>According to <a href=\"http:\/\/cboblog.cbo.gov\/?p=434\" target=\"_blank\"><span style=\"text-decoration: underline;\">a new report<\/span><\/a> released by the Congressional Budget Office (CBO), some self-insured individuals could see a jump in premiums if the Senate bill becomes law. \u00a0 In some instances, the hike in premiums could be upwards of 13%.\u00a0  As CBO Director Doug Elmendorf wrote on his blog yesterday, \u201cThe average, unsubsidized premium per person covered (including dependents) for new nongroup policies would be about <strong>10 percent to 13 percent higher<\/strong> in 2016 than the average premium for nongroup coverage in that same year under current law.\u201d<\/p>\n<p>And for those of you who have employer-based \u201cplatinum\u201d health insurance?\u00a0  Expect new taxes on you and your employer.\u00a0  The CBO projects that 1 in 5 people with employer-based coverage will be subject to the new 40% excise tax on health insurance.<\/p>\n<p>With projected costs of the Senate bill <a href=\"http:\/\/www.cato-at-liberty.org\/2009\/11\/27\/obamacares-cost-could-top-6-trillion\/\" target=\"_blank\"><span style=\"text-decoration: underline;\">reaching $6 trillion<\/span><\/a> over ten years, it\u2019s no wonder that <a href=\"http:\/\/www.rasmussenreports.com\/public_content\/politics\/current_events\/healthcare\/september_2009\/health_care_reform\" target=\"_blank\"><span style=\"text-decoration: underline;\">53% of the nation opposes<\/span><\/a> this sordid version of \u201creform.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taxes, higher premiums and rationing.\u00a0 That\u2019s what consumers will face if the Senate\u2019s version of health care reform becomes law. According to a new report released by the Congressional Budget Office (CBO), some self-insured individuals could see a jump in premiums if the Senate bill becomes law. \u00a0 In some instances, the hike in premiums [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[40,12,38,71],"class_list":["post-2382","post","type-post","status-publish","format-standard","hentry","category-posts","tag-congressional-budget-office","tag-health-care","tag-senate","tag-taxes"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/2382","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=2382"}],"version-history":[{"count":2,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/2382\/revisions"}],"predecessor-version":[{"id":2384,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/2382\/revisions\/2384"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=2382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=2382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=2382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}