Lorr47 -> RE: "Leave My Family Out Of It (Except When I Want To Use Them)" (8/9/2009 5:08:15 PM)
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ORIGINAL: Arpig quote:
Arpig, the projections from the White House and the Congressional Budget Office ten years out predict massive spending increases for the proposals that are on the table, adding between a trillion and a half to two trillion to the deficit ten years out. That's because the present proposal is for the government to assume the burden of insuring those who cannot afford to pay, while those who can afford to pay will continue to pay the insurance companies. The government assumes responsibility for the expenses without accessing any of the income. If they were to go to a single-payer system, they could charge a reasonable premium to everybody, and thus fund the insurance system. Come on people, this is not rocket science, its simple as can be, and it works. I can't find a simple total $ amount for what is spent by individuals and employers on health insurance premiums, but I am going to assume it is around 1 trillion each year (given the numbers I could find, which were 2.4 trillion in 2007 for total health care expenditures). Now if the government needs 2.5 trillion over ten years, well they can tap into that 10 trillion+ that is not being spent on insurance premiums. As I have pointed out before, which nobody seems to notice, single-payer health insurance is an insurance plan, a very,very large group health plan. And like any other health plan,you pay premiums. This can be done directly, by having an annual fee accessed as they do in Germany, Japan, and some Canadian provinces, or it can be done indirectly through special health care taxes, as they do here in Ontario. The method of paying the premiums in no way changes the fact that the premiums are paid. And just as with private insurance, the bigger the risk pool covered by any individual plan, the cheaper the plan is and the more comprehensive the coverage offered. Like I said before, imagine a comprehensive group coverage policy with 300+ million members. And the CEOs of the insurance companies no longer get salaries of $11 million, $17 million and $30 million a year respectively. Those salaries go to ..."gasp" ...health care.
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