Friday, April 23, 2010

President promised health care costs would go down, but they probably won't

That's the conclusion of experts at the Health and Human Services Department, via Fox News:

A report by economic experts at the Health and Human Services Department said the health care remake will achieve Obama's aim of expanding health insurance -- adding 34 million Americans to the coverage rolls.

But the analysis also found that the law falls short of the president's twin goal of controlling runaway costs. It also warned that Medicare cuts may be unrealistic and unsustainable, driving about 15 percent of hospitals into the red and "possibly jeopardizing access" to care for seniors.