Taking a look at death panels

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Updated: Tue, 29 Oct 2013 06:52:46 CST

Who lives and who dies?  

The Independent Payment Advisory Board, commonly referred to as a death panel, is easily the most controversial component of the Affordable Care Act.

The IPAB was created with Obamacare to help reduce costs of Medicare.

The 15 experts, including doctors and patients advocates, will make judgments on what treatments are most cost effective.

But the controversial panel has opponents, like UNK's Markets and Medicine keynote speaker, speaking out.

"If I want to sell my house, my car, my boat and everything to live another 9 months, that should be my decision. Who is a politician or a bureaucrat from the government to tell me that I should not value my life that much? That's for me to decide," said Thomas Bowden, Analyst and Outreach Liason with the Ayn Rand Center for Individual Rights. 

According to the Association of American Medical Colleges, the IPAB is expected to save $15.5 billion over 10 years.  Their proposal must first be submitted to Congress and the President in 2014.