WhiteCoat

Anybody Wanna Buy A Bridge?

MSNBC posted an article stating that “Top representatives of the health care industry plan to offer $2 trillion in cost reductions over 10 years” to satisfy President Obama’s plans to overhaul the health care system.

Does this mean that they’re going to spend $200 billion less each year for the next 10 years? Doubt it.

I’ll wait to hear the plan in depth, but my cynical side is getting the better of me right now. I’m betting that the plan will just be pulling the ol’ grocery store trick of marking a 79 cent can of beans up to 99 cents then putting it on “sale” for 89 cents so that everyone thinks they’re getting a bargain — when in fact they’re actually paying more.

With health care spending at $2.4 trillion in 2008 and rising each year, I imagine the plan will go something as follows:

“We were projecting that we would have to spend $40 trillion for health care over the next 10 years, but, through a complex mathematical model, we’ve figured a way to spend only $38 trillion instead. Check us out … Now where’s that stimulus money at?”

3 Responses to “Anybody Wanna Buy A Bridge?”

  1. […] Posted by GruntDoc on May 10th, 2009 Anybody Wanna Buy A Bridge? « WhiteCoat’s Call Room […]

  2. About saving money.

    The boy ran into the house and said exitedly, “Dad, I saved a dollar today by running home behind the bus.” The gruff father gave him the back of his hand. “Stupid child, you could have saved five dollars by running home behind a cab.”

  3. Doc99 says:

    Seems those top representatives of the “Healthcare Industry” are already backing off:

    Hospitals and insurance companies said Thursday that President Obama had substantially overstated their promise earlier this week to reduce the growth of health spending.

    http://www.nytimes.com/2009/05/15/health/policy/15health.html?_r=1&scp=6&sq=healthcare&st=cse

    Buddy, can you spare a dime?

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