There are basically two problems with the current health care system. First, that costs are spiraling out of control, and second, many people are uninsured. As we’ve seen previously, there is no evidence that the Pelosi’s health bill will reduce costs. Now it looks like 18 million people will remain uninsured, as is shown in this graph by Keith Hennesey.
Also, as you can see in the graph, Medicaid–which is already sorely underfunded, and bursting at the seams–will add several million to its rosters, far more, in fact, than the private sector will add.
As was expected, this bill will not reduce costs, insure everyone, or stimulate the private market. Sounds like Pelosicare deserves an F for effort. And everything else.