Yesterday, the
CBO estimated that the current Democratic Senate health care
bill would increase the defict by $1 trillion over 10 years while
leaving 30 million uninsured, forcing the White House to
distance itself from the legislation
Health Systems Innovations
Network, a consulting group, went ahead and estimated the
full cost of a bill that included the subsidies and Medicaid
expansion, and reduced the number of uninsured by 99 percent.
With these assumptions, they
estimated
(pdf) the cost at a staggering $4 trillion over 10 years,
resulting in the shift of 79 million Americans to government-run
health care
the main reason why the group's estimate is so
much higher than the CBO is that it assumes more people will buy
coverage with government help
500 percent of the poverty
level translates into income of $110,000 for a family of four
He
also said HSI would revise the estimate if a new version of the
legislation proposed new cost savings