Sen. John Cornyn in the Statesman:
I believe health care reform should focus on lowering costs, which have more than doubled over the past decade. We can lower costs by realigning incentives for providers, so they focus on value instead of volume. We can create incentives for patients to make healthier choices. We can reform the private insurance market in every state to encourage greater competition and more choices, without denying anyone coverage because of a pre-existing condition. We can lower costs by cutting waste, fraud, and abuse in our current entitlement programs. And we can reduce costly defensive medicine by reforming our medical liability laws like we’ve done in Texas.
The bill we voted out of the Finance Committee, unfortunately, will only increase costs for everyone. The nonpartisan Congressional Budget Office said it will cost $829 billion, but when it’s fully implemented, the Senate Budget Committee estimates the real cost to be $1.8 trillion. Either way, it would still leave 25 million Americans uninsured, impose billions of dollars in new taxes and mandates, and cut more than $400 billion from Medicare. It would take away Medicare Advantage benefits from seniors, and make Medicaid the only option for 14 million Americans.
The bill also imposes hidden costs on states. The Texas Health and Human Services Commission estimates that the bill would cost Texas more than $20 billion over 10 years, and add 2.5 million Texans to Medicaid. That would mean billions in new state taxes, or draconian cuts in education, law enforcement, and other Texas priorities. According to one survey, 91 percent of Texans who buy insurance in the individual market will see their premiums go up, because Washington will force them to buy more expensive policies.






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