How Will Obama’s Health Care Plan Lower Costs?

The White House has released President Obama’s health care plan.  Supposedly, it’s supposed to lower costs and increase coverage.  I’ve read most of what is posted on the White House website, but I don’t see anything new.  It seems like it’s the Senate bill with a few measures from the House bill mixed in.  The opening paragraph of Obama’s plan claims that Republican suggestions have been included, but I have yet to see the 2 main pillars of the Republican take on health care — tort reform and buying insurance across state lines.  Obama’s plan consists of new government regulations, mandates on buying insurance, new taxes on “evil rich” people and tax credits for everyone else.  It can basically be summed in two points, more government intrusion into our lives and redistribution of wealth.  How will this be beneficial to our country and our health care system?   From what I’ve read, this plan does nothing to actually reduce the cost of health care, and provides government handouts to help some people pay for health care.  This would naturally increase the deficit, but will supposedly be paid for by taxes on businesses and the rich.  The following is a summary of the section of the plan that is supposed to make health care more affordable.