Rising costs predicted in health care bill

Dealing an unexpected blow to Senate Democrat’s health care bill, administration economists on Friday predicted the overhaul would accelerate rising costs of health insurance and medical services, and that its proposed Medicare cuts could reduce care for senior citizens.

A report by analysts at the Health and Human Services Department said the bill would increase the nation’s annual spending on health care beyond the current $2.5 trillion at a slightly faster rate than if Congress did nothing. It concluded that new taxes on drugs, medical devices and health insurance plans would trigger higher insurance premiums for consumers.

Like this should be a surprise to anyone…massive expansion of government programs will actually cost more!

Who’d of thought it?