Analysis shows there is a better way than Obamacare

WASHINGTON, D.C. – The Center for Health and Economy released an economic analysis on Thursday that found that the Patient Choice, Affordability, Responsibility, and Empowerment Act – or CARE Act – put forward this week by  Sens. Richard Burr, Tom Coburn, M.D., and Orrin Hatch, reduces health care costs, lowers premiums, provides more Americans with health care coverage than Obamacare. The analysis found the proposal also increases health care productivity and reduces the nation’s debt.

“In his State of the Union speech the President spoke about his signature domestic achievement, Obamacare. He said if anyone has a health care plan out there that cuts costs, covers more people and increases choices, to show him the numbers to see if they add up. Mr. President, we have a plan that will add up to lower costs, more choices and cover Americans with pre-existing conditions,” Burr, Coburn and Hatch said in a statement Thursday. “Today’s analysis shows there is a better way than Obamacare. Our plan gives individual Americans greater control over their own health care and asks government bureaucrats to leave the exam room. Using smart insurance market reforms, putting small businesses more on par with Fortune 500 companies, and giving individuals – not government – more tools to make the best decisions for themselves is a prescription for success.“

The analysis by The Center for Health Economy specifically found that the Patient CARE Act:

  • Cuts Costs:  The Patient CARE Act, compared to current law, will save almost $1.5 trillion over 10 years.
  • Lowers Premiums:  The Patient CARE Act will reduce premiums across the board for Americans compared to current law, with the individual insurance market seeing the biggest reductions of up to 11 percent for single policies.
  • Expands Coverage:  The Patient CARE Act would cover almost the same amount of Americans as Obamacare.
  • Improves Medical Care Productivity:  The Patient CARE Act will increase medical productivity by 2 to 3 percent compared to ObamaCare. In other words, it will reduce overall costs, while improving quality.
  • Reduces the National Debt:  The Patient CARE Act will reduce the national debt by decreasing federal spending by almost $1.5 trillion.

Lastly, the senators stressed that they look forward to receiving input from their colleagues and outside experts to further strengthen and improve their proposal.  Moving forward, we look forward to working with our colleagues and all interested parties to further build upon this proposal as we seek to replace Obamacare with a patient-centered, market-driven system that is affordable, sustainable, and fair,” the senators concluded.

Submitted by the Office of Sen. Orrin Hatch

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6 Comments

  • Bub January 30, 2014 at 5:33 pm

    Wooooooooowwwwwwwwwwwwwwwwwwwww, the gospel according to Orrin. If only we’d been told of these revelations many years ago we could have been saved. I’m afraid it’s all too late and we’re all doomed by the socialist tyranny known as Obamacare. Let’s not forget the death panels.

  • Rick January 31, 2014 at 9:11 am

    Besides your obvious dislike for Senator Hatch, what exactly do you have against this proposal? Is it the fact that it improves on Obamacare, is it that Senator Hatch was one of the authors, or is it your dislike for conservatives in general ?

    • Bub January 31, 2014 at 11:53 am

      Why is this coming years after the fact? Isn’t this just a publicity stunt by Hatch? Has Hatch ever cared about affordable health care? What does Hatch even do for the people of Utah?

    • Bub January 31, 2014 at 1:55 pm

      Although I will add in saying that I have somewhat an amount of respect for Orrin, but none for Mike Lee.

  • assmast January 31, 2014 at 12:08 pm

    Sometimes the … leaks out and I have to remove underwear and bury it under the paper towels in the trash can. Sorry about that.
    Ed. ellipsis. Really, assmast?

    • Bub January 31, 2014 at 7:21 pm

      ahahahahhaha 😀

      no censorship for stgnews??? 😀

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