By 2021, health-care spending is likely to be nearly a fifth of the U.S. economy, at 19.6% of gross domestic product, up from 17.9%, or roughly a sixth, in 2010.The truth is, they have no plan, and wrongly believe health care is like any other consumer product.
The U.S. spends twice as much as other industrialized single payer countries because we allow the free market (private sector providers) the ability to make a profit from sick people, a repugnant idea and the reason why civilized nations won't allow it.
But millionaires Eric Hovde, Mark Neumann and Tommy Thompson have a much simpler answer; do nothing. Just repeal the ACA and increase those profit margins. Mark Neumann said it best:
Neumann: "There is no plan B as far as I'm concerned. My plan is to repeal Obamacare whatever that takes to do."Just as bad, this response by state representative Jeff Fitzgerald:
Fitzgerald: "We don't have a problem, especially here in Wisconsin with access to health care, we have a problem with the cost of health care."Fitzgerald fails to mention that the reason why the state has a higher percentage of insured citizens; our expanded government program, Badgercare (Medicaid). We don't have an access problem? It's THE MAJOR REASON WHY we have over 50 million uninsured Americans, they can't afford it, and thus don't have access.
Hell, you make your millions, pay your campaign membership dues to win a senate seat, and freeload on the public dollar. Here are the facts and a chart from the WSJ:
Spending would jump 7.4% in 2014 when the health-care law is scheduled to be fully implemented, the analysts predict, as millions of Americans gain coverage through subsidized insurance plans purchased through government-run exchanges or through Medicaid, the federal-state program for low-income people. The analysts said most spending increases projected for 2014 would be due to routine doctors' visits and prescription drugs, as the majority of newly insured people are expected to be young and relatively healthy. A bigger reason for projected spending growth is the aging of baby boomers as they make greater use of Medicare, the federal insurance program for the elderly, the analysts said.