Thread: What do you think will happen when...

Health bill would cost $829B, cover 94 percent - Boston.com

Medical device tax still part of health care bill - The Boston Globe

It really looks like a great method to drive even more businesses out of the US...

Originally Posted by sparq

Health bill would cost $829B, cover 94 percent - Boston.com

Medical device tax still part of health care bill - The Boston Globe

It really looks like a great method to drive even more businesses out of the US...

Thanks for the link sparq.

Think about this: This bill will increase the covered from 83% to 96% at a cost of $829,000,000,000. That means the bill will spend $829,000,000,000 to cover 11% of the people that are in the U.S. legally, including those that make up that 11% and are U.S. citizens. That is roughly 39,000,000 people added to the ranks of the insured.

That means this bill will cost $21,256.41/person to insure over a 10 year period. This doesn't even make sense because that is $2,1256/person/year. There is no way that you can insure a person for $2,000/year. This is the problem with the CBO; their numbers don't work in the real world. It is also the problem with the politicians in Washington. They use misleading numbers to support their side.

Originally Posted by MinniesMate

There is no way that you can insure a person for $2,000/year. This is the problem with the CBO; their numbers don't work in the real world.

I know you are talking about the US, but other countries would beg to differ on that judgement

For what it is worth, my current health insurance package for 2 persons costs 2400 per year (state-run mandatory) + 600 per year (private top up). And why, yes it would even cover the cost of healthcare if I got sick/injured while in the United States.

Originally Posted by MichaelP

I know you are talking about the US, but other countries would beg to differ on that judgement

For what it is worth, my current health insurance package for 2 persons costs 2400 per year (state-run mandatory) + 600 per year (private top up). And why, yes it would even cover the cost of healthcare if I got sick/injured while in the United States.

Currently I have no details about the specific percentage of my 'social' tax which goes to healthcare (am at work). It is divided between pension fund, healthcare, and a couple of other things. But a rough guess puts it at somewhere between 2000 - 2500 per year.

Originally Posted by MinniesMate

Thanks for the link sparq.

Think about this: This bill will increase the covered from 83% to 96% at a cost of $829,000,000,000. That means the bill will spend $829,000,000,000 to cover 11% of the people that are in the U.S. legally, including those that make up that 11% and are U.S. citizens. That is roughly 39,000,000 people added to the ranks of the insured.

That means this bill will cost $21,256.41/person to insure over a 10 year period. This doesn't even make sense because that is $2,1256/person/year. There is no way that you can insure a person for $2,000/year. This is the problem with the CBO; their numbers don't work in the real world. It is also the problem with the politicians in Washington. They use misleading numbers to support their side.

You can absolutly insure a single person for less th 2000 a year.case in point I pay 165 a month multiply by 12 it comes out to1,970 dollars. That is what I pay with no employer help.My wife pays a little over 200 a month for employer sponsered health plan.My coverages are better and my deductable is lower.Maybe we should just do away with employer based healthcare.Then again maybe this is a big city problem.Big city living requires big city money.