Obama's health plan takes shape

If the US is spending 721 billion for only Medicare and Medicaid to cover 94 million people, then the cost to cover 297 million is 2.28 Trillion per year, which means an increase of 1.559 Trillion PER YEAR to the US budget, and that is to provide health care to all Americans under a single payer plan. Keep in mind that this 2.28 Trillion would cover everybody and replace medicaid/medicare at the same level that medicare/medicaid provide coverage.



As soon as the Health Bill takes effect, you can NO longer purchase private health insurance. So if you leave, change, or quit your job, you will not get new private coverage with a new employer, because you can't purchase private health care once the Health Bill takes effect. The President said you will keep your coverage and Doctor if you want and this is true. BUT, if you change jobs (each person usually has 5 careers in their lifetime), you lose your coverage because of finances, move to another state, or do anything that causes you to lose coverage, then you are stuck with only the Public option.

Does it now make sense why the democrats don't want inter-state competition or mandating coverage to all Americans and removing the employers from the equation? With interstate competition, if you move, you would still keep your coverage, if you owned your health care instead of the employer you would always have coverage, employed or not. Instead, by keeping the rules as they are, but bringing in new rules, legislative proponents for the bill guarantee that all private health care will cease to exist within 10 years with the public option as the only option. Good luck on keeping your coverage and your Doctor under those conditions.

Why 10 years? Because once the insurance companies can't sign up new members under the mandate, their paying clientele will either slowly die off, move out of state, lose their jobs, and the insurance company will go out of business because it can't keep its insurance pool deep enough with new clients to supplement sick peoples care. The absolute biggest companies are predicted to fail within 8 - 10 years with no new clientele to keep them in business. Smaller companies will be gone within 5 years. One last note: that additional 1.559 Trillion/yr cost would require ALL 200 Million Working Americans making 24,000/yr or more to pay a minimum 14% Federal income tax (Health tax) just to get BASIC coverage as exists in Medicare/Medicaid and pay each year’s cost.

Is the left willing to pay this for single payer national health care? If you say yes, please realize the "Rich" (top 5%), can't afford the entire cost, but the poor and middle chipping in a fair share, then costs could be met. Are you willing to force ALL Americans to pay, or just the rich? If you want only the Rich, then your Single Payer Health Care will fail. If you want the middle and poor to chip in also and not just the "rich", then you have a chance for national health care.

Good luck convincing the remaining 95% of the country to pony up more dough.