House Bill Raises, Not Lowers, Health Care Costs

Greg D'Angelo /

The Chief Actuary in the Centers for Medicare and Medicaid Services in the Obama Health and Human Services department issued a memorandum late yesterday looking at the potential impact of the House health reform legislation (H.R. 3200). As the Associated Press and other media outlets have been reporting, the study shows that- among other things- the legislation would, as President Obama promised, bend the health care cost curve … but  in the wrong direction.

healthcostcurve

(more…)