A congressman from Tennessee is questioning the true cost of President Obama's healthcare plan.
Congressman Phil Roe (R-Tennessee), who serves on the Education and Labor Committee, says that group will begin hearings on Tuesday of next week on the much anticipated national healthcare plan. The plan currently being considered, he explains, will have a public option, individual and employer mandates, and will allow individuals to keep their own private insurance if they so desire. But the congressman warns that the public option will be appealing to business owners because of the lower rates -- and that, he fears, could have a snowball effect. "What I'm afraid and fearful will happen is that more and more businesses, as private health insurance becomes more unaffordable, [will] drop it -- and we'll end up with a single-payer system such as England or Canada has now," he laments. According to Roe, the public option will be government-subsidized, and those who buy into it will essentially have a government bureaucrat making their health decisions for them -- decisions he says are best left to the patient. The other aspect of the public option that concerns him is the funding. "Now these plans have been scored as inexpensively as a trillion dollars to $1.5 trillion -- and I'll guarantee you that's not all the costs yet," says Roe. "[T]his is on top of a budget that's already $1.8 trillion out of balance. And I don't know where the money is coming from -- I mean, we look at it and I have no earthly idea where we're going to find the money." Witnesses at next week's hearing have not yet been announced. Last week a subcommittee heard testimony on the single-payer healthcare option.
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