WTSP.com

New study says costs rise under health bill

 Elyce Grimes     3 months ago
Advertisement

 

Washington, D.C. -- Overall spending on health care would rise as a result of legislation approved a week ago by the House.

That's according to a new report by a top official at the agency that oversees Medicare.

The analysis by Richard Foster, the chief actuary at the Centers for Medicare and Medicaid, also concludes that billions of dollars in projected savings contained in the measure will be difficult to maintain.

The study was conducted at the request of House Republicans, who quickly tried to turn it against the Obama administration.

Rep. John Boehner of Ohio, the House GOP leader, issued a statement saying the study "confirms that this bill violates President Obama's promise to 'bend the cost curve."'

He adds "It's now beyond dispute that their bill will raise costs."

 

 

Copyright 2009 by The Associated Press. All Rights Reserved.
Share |  
Check out our family of Web sites:
  Forecast First   Metromix
  Moms Like Me   Studio 10

In your voice

Commenting is intended as a constructive, open community forum. Abusive text and comments that do not follow terms of service guidelines are not condoned by 10 Connects and will be removed. PLEASE NOTE: Comments are automatically removed for review after three reports of abuse by public users, such as you.