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The latter is a legitimate concern, the former is far from complete. First, not every single person would pay. If there is a family of four and only one works, only the wage earner would pay. Even if they both work the number is cut in half.
$8500 is far less than it costs to insure our family now so that would be cheaper for me.
"Cheaper for me" is anecdotal and someone will have to pay. Considering the top 15% pretty much pay everything in terms of taxes we already know where that money is going to come from (until you see capital flight like you've never seen before).
People that are insured on average spend $8500/year.
That comes out to spending $1700/person per year less on HC than you currently do right now (or increasing taxes by $500 billion a year for "equal" coverage.
Anyways, nothing is free. Either you have to raise taxes or cut services (cost) but before you do that explain how you plan to pay for the $1 trillion a year your other fantasies are about to start costing us that you refuse to face.
No one is arguing that anything is free. This is a total straw man.
"Cheaper for me" is anecdotal and someone will have to pay. Considering the top 15% pretty much pay everything in terms of taxes we already know where that money is going to come from (until you see capital flight like you've never seen before).
Much of that capital is ours.....Q.E. Those who financed that have a legitimate argument that they should get some of it back.
Much of that capital is ours.....Q.E. Those who financed that have a legitimate argument that they should get some of it back.
For them to have "taken" anything you'd have to be in the stock market or have a retirement that is. You've been getting "yours" since late 2009, early 2010... Or were you enjoying it when your nest egg was worth half what it is now?
For them to have "taken" anything you'd have to be in the stock market or have a retirement that is. You've been getting "yours" since late 2009, early 2010... Or were you enjoying it when your nest egg was worth half what it is now?
Wrong.....every $4.00 gallon of gas people bought was financing Q.E.
But as you note, socialism is fine when it is you that benefits.
And about that 6.2% payroll tax. Is anyone naive enough to *really* believe that employers will absorb that? Of course they won't. Employees will. They'll simply roll that tax into total employee compensation. We'll see lower wages as a result. So take your personal 2.2% and add another 6.2% and now you're at an 8.4% tax for lower quality single payer care shared with 300 million people. This is a terrible idea.
Politifact has run the numbers. Note: They used a payroll tax of 6.7% in this report which is higher than Sanders' proposal released last night of 6.2%. The premise however remains the same.
"Employers "pay nothing for insurance in reality," as health care is a fringe benefit of a total compensation package, said Gerard Anderson, a professor of health policy at Johns Hopkins University. So when employers stop providing insurance and are required to pay into single-payer, less money will be available for paychecks".
Everyone can look at their pay check and see the amount that the company pays into their health insurance. So multiply your salary times the proposed 6.2% tax and see if companies would pay more or less than present. Nearly every employee has a co-pay for insurance, so multiply the salary by 2.2% and see if one pays more or less than present. Do the math.
People that are insured on average spend $8500/year.
That comes out to spending $1700/person per year less on HC than you currently do right now (or increasing taxes by $500 billion a year for "equal" coverage.
Right, we know what the cost is currently (it's too much). I am interested to see if there is a comprehensive study to show what it would cost under single payer. I'll look around to see if I find one.
Everyone can look at their pay check and see the amount that the company pays into their health insurance. So multiply your salary times the proposed 6.2% tax and see if companies would pay more or less than present. Nearly every employee has a co-pay for insurance, so multiply the salary by 2.2% and see if one pays more or less than present. Do the math.
Had you continued reading the thread before responding you'd have seen that I actually *did* the math. For our family, Berniecare will cost more. For a socialized plan we get no choice in. Our vote will not be for Sanders. America's middle class should not have to lower our standard of living so that poorer Americans can raise theirs.
What percentage of that cost is insurance company profits which would be eliminated in a single payor system?
As well, think of other other costs that would be eliminated such as insurance paperwork and interaction with the public over premiums and bills. In other words far fewer employees would be required to run a single payor system, reducing health care costs to the public.
I disagree with these numbers emphatically. We pay twice as much for healthcare than other countries right now.
That's because we subsidize the rest of the world's health care. This particular article is about pharmaceuticals, but the same is true of diagnostic equipment, etc.
That would have to change to bring our costs in line with the rest of the world, not the least of which FDA guidelines are a HUGE part of the problem. Here in the US, the federal government can tell pharmaceutical and medical equipment companies what they can and cannot do, and how many and which hoops they must jump through to put their product on the market. Too many medications are controlled which means you can't buy them over the counter as you can in Europe, Canada, Mexico, and even Asia, so therefore require a doctor appointment to get a prescription. That all costs. WE pay. A LOT more.
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