Frugal Facts?
(Fox News) - Barack Obama says his health care plan will save $120 billion a year, or $25,000 per family. He says those savings will become a reality in his first term through the use, in part, of electronic health records.
Obama often cites a Rand Corporation study that found widespread use of electronic records could save up to $77 billion a year. But FactCheck.Org reports Obama does not reveal that the same study says that level of savings cannot be reached until 2019 — three years after the end of a hypothetical Obama second term.
And, that Rand report was even criticized by the Congressional Budget Office for its overly-optimistic and best-case scenario findings.
Obama often cites a Rand Corporation study that found widespread use of electronic records could save up to $77 billion a year. But FactCheck.Org reports Obama does not reveal that the same study says that level of savings cannot be reached until 2019 — three years after the end of a hypothetical Obama second term.
And, that Rand report was even criticized by the Congressional Budget Office for its overly-optimistic and best-case scenario findings.
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