208 Commission’s “5” proposal
With regards to the “5th” proposal of the 208 Commission, affectionately labeled the Jim Beam Plan. Using numbers out of Bill Clinton’s mouth and printed by the Rocky, I estimate covering the uninsured in Colorado will come to $3.5 billion give or take a few million. Forget that the uninsured are younger, they also drink, smoke, don’t wear helmets and eat junk food. Even as you read this they are aging and the unfunded liabilities for subsidizing their health care is going up and up and up.
If you assume inflation for health care based on history, the proposed program will double every 7 to 10 years. What starts out as a $3.5 billion dollar program will become a $7, then $15, then $30-billion dollar program. I suggest that the 208 Commission, instead of dreaming up shock-and-awe schemes, they develop a default option for when the voters turn their thumbs down.
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Can we add in the MILLIONS of illegals we take care of and will most likely be covered by this plan? Surprised you didn't mention them.
Things aren't getting any better, are they?
Posted by c on September 27, 2007 09:33 PM