October 2009
Posted by: administrator
President Barack Obama: “So just to make sure you're clear, here’s what you need to know about our plan…It will slow the growth of health care costs for our families and our businesses and our government.”
Not so, says the president’s own department of Health and Human Services.
According to AP, the department found that the “additional demand for health services could be difficult to meet initially with existing health provider resources and could lead to price increases, cost-shifting and/or changes in providers’ willingness to treat patients with low-reimbursement health coverage” under the House Democrat’s bill.
Apparently Speaker Pelosi has not heard the news either. In an interview with CNBC’s Maria Bartiromo this afternoon, Pelosi claimed the Democrat’s bill would lower the costs of health care.