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	<title>Fix Health Care Policy &#187; $1.055 trillion</title>
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		<title>Capretta: It&#8217;s $1.5 Trillion, Not $900 Billion</title>
		<link>http://fixhealthcarepolicy.com/in-the-news/capretta-its-1-5-trillion-not-900-billion/</link>
		<comments>http://fixhealthcarepolicy.com/in-the-news/capretta-its-1-5-trillion-not-900-billion/#comments</comments>
		<pubDate>Mon, 02 Nov 2009 21:18:03 +0000</pubDate>
		<dc:creator>Marguerite Higgins</dc:creator>
				<category><![CDATA[In the News]]></category>
		<category><![CDATA[$1.055 trillion]]></category>
		<category><![CDATA[HR 3962]]></category>
		<category><![CDATA[Medicaid]]></category>

		<guid isPermaLink="false">http://fixhealthcarepolicy.com/?p=2138</guid>
		<description><![CDATA[While many media reports are putting the 10-year cost for the new House health care reform bill at $894 billion, health care economist James Capretta points out the figure is &#8220;highly misleading.&#8221;
&#8220;For starters, the gross cost of expanded Medicaid coverage and a new entitlement to subsidies for health insurance is much higher than Democrats are [...]]]></description>
			<content:encoded><![CDATA[<p>While many media reports are putting the 10-year cost for the <a href="http://www.heritage.org/research/healthcare/upload/hr3962.pdf">new House health care reform bill</a> at $894 billion, health care economist James Capretta points out the figure is &#8220;highly misleading.&#8221;</p>
<p>&#8220;For starters, the gross cost of expanded Medicaid coverage and a new entitlement to subsidies for health insurance is much higher than Democrats are suggesting,&#8221; according to the latest estimate from the Congressional Budget Office, <a href="http://healthcare.nationalreview.com/post/?q=YmQxMWQzN2ViMTA4Yjk4ZjYyMjQyYTI1YTFhYjZjODI=">Capretta writes in National Review&#8217;s Critical Condition</a>. </p>
<p>When you look at the gross spending increases from entitlement expansions for programs like Medicaid, the House bill tab comes to $1.055 trillion over 10 years, not $894 billion, Capretta notes.</p>
<p>Plus, &#8220;House Democrats have conveniently decided to take the so-called &#8216;doc fix&#8217; out of the larger health-care bill and pass it along as a standalone measure, at a cost of $250 billion over 10 years.&#8221;</p>
<p>When you tally up the budget gimmicks, Capretta found the total cost for Congress&#8217; health overhaul was a $1.5 trillion spending program, which far surpassed President Barack Obama&#8217;s $900 billion limit for health reform. Congress will plans to deal with the costs through higher taxation, passing other costs onto the country&#8217;s already-ballooning debt and cutting private Medicare benefits, Capretta writes. </p>
<p>He goes further into the harm cutting Medicare Advantage (as detailed in the Senate Finance Committee bill) would have in a new <a href="http://www.heritage.org/Research/HealthCare/wm2671.cfm">Heritage Web Memo co-authored with Robert Book</a>.</p>
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