Facts on Healthcare System
NOTE: The facts below draw a distinction between healthcare spending, prices, and costs based upon the following definitions:
• “Spending” refers to what is spent on healthcare in general. Thus, if people use more healthcare services, this causes spending to increase even if prices remain the same.
• “Prices” refer to what healthcare providers charge for particular services and products.
• “Costs” refer to what healthcare providers spend in order to provide particular healthcare services and products to patients. This is equivalent to prices minus profits or losses.
* Between 1960 and 2009, healthcare spending in the United States increased
• from a yearly average of $147 per person to $8,086 (by 55 times).
• from a yearly average of $1,082 per person in inflation-adjusted 2010 dollars to $8,218 (by 7.6 times).
• from 5.2% of the nation’s gross domestic product (GDP) to 17.8% (by 3.4 times).[1]
Straight Forward, To-The-Point Obamacare Repeal
The bill is up for procedural vote this Friday, and is scheduled to be considered by the Congress next Wednesday. Let’s hope that it at least gets a shot in the House during this Republican/Tea Party-led Congress.
112TH CONGRESS
1ST SESSIONH. R. __
To repeal the job-killing health care law and health care-related provisions
in the Health Care and Education Reconciliation Act of 2010.IN THE HOUSE OF REPRESENTATIVES
Mr. CANTOR introduced
the following bill; which was referred to the Committee on
____________
A BILL
To repeal the job-killing health care law and health care related provisions in the Health Care and Education Reconciliation Act of 2010.Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Repealing the Job-Killing Health Care Law Act’’.SEC. 2. REPEAL OF THE JOB-KILLING HEALTH CARE LAW AND HEALTH CARE-RELATED PROVISIONS IN THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010.
(a) JOB-KILLING HEALTH CARE LAW.—Effective as of the enactment of Public Law 111–148, such Act is repealed, and the provisions of law amended or repealed by such Act are restored or revived as if such Act had not been enacted.(b) HEALTH CARE-RELATED PROVISIONS IN THE HEALTH CARE AND EDUCATION RECONCILIATION ACT OF 2010.—Effective as of the enactment of the Health Care and Education Reconciliation Act of 2010 (Public Law 111–152), title I and subtitle B of title II of such Act are repealed, and the provisions of law amended or repealed by such title or subtitle, respectively, are restored or revived as if such title and subtitle had not been enacted.
Read The Full PDF, two-page-in-entirety version here
Source Article
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