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Originally Posted by tpunx99GSX
Basically its paid for by taking the current system, streamlining a lot of the process through electronic records etc, then imposing various fees and taxes (yes i said taxes) on various items such as elective surgery, and high income earners. (over $250k a year). But I recall reading somewhere (not sure if i read it in the actual bill or somewhere else) but they are closing a error where pharmacies were double billing the gov for medicare claims.
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While this is all well and good on paper, there's no way this will actually happen. Show me ONE government program that has gone according to plan without massive overspending, there is no such animal. Medicare, medicaid, welfare, food stamps, the post office and the list goes on and on. This is a spending bill pure and simple and everybody will get taxed, not just "high earners".
While premiums have been increasing, they jumped massively in the last two years. I've been paying for my own healthcare for over 20 years now, I'm pretty good at noticing trends when I'm writing the checks.