The plans I'm hearing from your side to get around Obama Care sound like something the burglars from Home Alone would come up with.
And we wonder why people are scared. They don't know a damn thing about it.
Pre-Obamacare: Everybody gets medical treatment. The insured through the normal channels and paid for through their health insurance policies. The uninsured either through government assistance paid for by tax-payers or at the emergency room and at exponentially higher costs than a regular doctor visit and very often long after their condition is so far advanced, not only is it in a life threatening stage but a HUGELY more expensive to treat, the cost of which is absorbed by price gouged fees passed on to insured patients.
Post-Obamacare: Everybody gets medical treatment but are required to have their own mandatory health insurance. The exorbitant costs being passed on with those with insurance to underwrite the treatment for those without health insurance should be forced downward since there should be no need for hospitals to pass on expensive costs of the uninsured to the insured, right?
This is a bit of a tangent but I am a big supporter of the national retail sales tax replacing personal income taxes. One sticking point the Fair Tax movement constantly has to argue is once the Fair Tax takes effect, prices for consumer goods will supposedly drop like a brick within hours because all of the hidden tax costs of bringing products to market will be gone and market forces will drive down their costs immediately. If that's true, why isn't a similar much easier to understand hidden cost of healthcare that goes away does not also drive down healthcare costs under Obamacare? If the costs of healthcare does not drop under Obamacare because uninsured healthcare treatment will no longer be passed on to the rest of us, I will be forced to conclude the Fair Tax is a big lie and will only add extra costs on all products while to so-called added tax costs to bring products to market under the current system will remain in effect.
Having opinions all over the map is a good sign of a person capable of autonomous thinking. Felix -2011
factcheck.org : ‘Obamacare’ to cost $20,000 a Family?For one thing, the example in the proposed regulations uses the word “average,” which means that the “cheapest” plan could, in fact, be lower than $20,000. But more important, the regulations weren’t a “cost analysis” at all. A spokesperson for the Treasury Department confirmed to factcheck.org in an email that the IRS wasn’t making any declarations or projections about what prices will be.
“[Twenty thousand dollars] is a round number used by IRS for a hypothetical example,” the official wrote. “It is not an estimate of premiums for a bronze plan for a family of five in 2016.”
So far, no one knows exactly how much insurance plans on the exchanges will cost. The health care law only mentions “actuarial values” for the four tiers of coverage — in other words, how much of an insured person’s health care costs a plan is expected to cover. Bronze plans are to cover at least 60 percent of costs; silver plans will cover 70 percent. Gold plans will cover 80 percent, and platinum plans will cover 90 percent of the costs. In each case, the remaining percentage is left to the insured to pay through deductibles, copayments and coinsurance.
In January 2010, before the Affordable Care Act became law, the Congressional Budget Office projected that, in 2016, premiums for bronze plans would, on average, cost “between $12,000 and $12,500 for family policies.” That estimate has not been updated since.
About how much are families paying now?
Most recently, the average annual premium for employer-sponsored coverage for a family of four reached $15,745 in 2012 — up 4 percent from 2011 — according to a survey conducted by the Kaiser Family Foundation and the Health Research & Educational Trust. On average, workers paid $4,316 toward the cost of their coverage, while employers covered the remainder
AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.
Know the truth and the truth will make you mad, because the truth has no agenda.