Roskam Says New Independent Report A Disturbing Wake-Up Call That Health Law Raises Costs
Congressman Peter Roskam, Deputy Whip and Ways and Means Committee member, issued the following statement after economic experts at the Centers for Medicare and Medicaid Services (CMS) issued an objective analysis of the new healthcare law:
"This assessment from the non-partisan CMS confirms that the Democrat health plan will raise healthcare costs and threaten access to care for millions of Americans."
"When the Ways and Means Committee called for this review in March, we knew the American people wanted all of the facts before moving ahead with the Democrat health bill. Unfortunately, Speaker Pelosi rushed the bill through the House without giving anyone time to thoroughly evaluate it, claiming "we have to pass the bill so that you can find out what is in it.' This new CMS report reveals exactly why the Speaker wanted to keep the American people in the dark about the details of her damaging healthcare legislation."
"I am extremely disappointed that the American people now face a healthcare law that increases spending at a time when Congress' chief focus should have been on reducing out-of-control costs. While millions more Americans will receive insurance cards under this legislation, few will have meaningful access to healthcare. Under the bill, almost half of all new individuals gaining "coverage' will be dumped onto Medicaid, a failing program that will not meet their healthcare needs."
The report finds that while the legislation will nominally achieve President Obama's goal of expanding coverage to 34 million individuals, it will ultimately do so by forcing 18 million Americans onto a broken Medicaid system, "exacerbating existing access problems for Medicaid enrollees." The study estimates that national healthcare expenditures "would increase by $311 billion" as a result of the new law. Additionally, fourteen million employees who currently enjoy employer-sponsored insurance will be dropped from their coverage. Finally, the bill increases pressure on an already serious health professional shortage, meaning patients will have to wait in long lines for their health treatment and care.
Roskam has been a leader on advancing common-sense solutions to lower America's healthcare costs, including offering an amendment to eliminate Medicare waste, fraud and abuse.