freedomdwarf1
Posts: 6845
Joined: 10/23/2012 Status: offline
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quote:
ORIGINAL: DesideriScuri quote:
ORIGINAL: freedomdwarf1 And Desi, you're missing the point again. The NHS is funded from the general tax pot, not just N.I. That tax pot has many inputs. In your example, the 2% could be from any of the other tax sources, or more likely, from a mixture of many. The thing is, it isn't relevant; all that matters is that it doesn't come from the personal pocket. How the government fund it or where those funds come from isn't the issue. The fundamental thing is the cost to the individual - which is where the US tops the bill. I think you're missing yet another point. Where do all your taxes come from, if not the "personal pocket?" Not everyone pays income tax - that is one huge bonus point. Taxes also come from corporations, employers, tax on profits, road tax, tax on investments, VAT, and many other sources. quote:
ORIGINAL: DesideriScuri In the US, private insurance covers more people than public (government) insurance, but government spending is, roughly, half of all health care spending. Private insurance covers, roughly, 65% of Americans. The uninsured are, roughly, 16% of the population, and public insurance covers about 31% of the population (it is possible to be covered both by public insurance and private insurance, leading to the percentages adding up to over 100%). See my post with the graphs: http://www.collarchat.com/m_4751631/mpage_17/key_/tm.htm#4757697 US Healthcare coverage: 53.1% (private), 31.8% (public), 84.9% total. quote:
ORIGINAL: DesideriScuri Here's the problem, as I see it. It's extremely difficult for the vast majority of Americans to afford necessary health care. Health insurance is there to help make it less economically painful. Now, however, health insurance itself is extremely difficult for most Americans to afford (because the cost of care keep going up and up and up). Obamacare isn't about "affordable healthcare." It's all about shifting the cost of insurance to those who make more money. That doesn't reduce the cost of care. It doesn't even reduce the cost of insurance. It just shifts the costs around. And, if an employer covers its employees with a policy that is "too good" that employer has to pay a tax penalty (instead of rewarding an employer for offering excellent coverage, it's penalized). If our costs were where they are in Germany, fewer people would need insurance to afford care, and more people would be able to afford insurance (it would cost less since the cost of care is lower). Germany has 88.9% public healthcare and 11% private. That makes 99.9% total coverage; most of which is publicly funded. That's why it's cheaper than the US. No matter how you slice the cake, publicly funded healthcare is cheaper all round and to the individual than insurance based private healthcare. Why is this??? Because the profiteering is cut out of the loop! quote:
ORIGINAL: DesideriScuri FD made the claim that it's only about 8% of income. That it's 12% is not the bone of contention, either. It's 12% of income (over the nontaxable limit), but it's also costing employers. What would wages have been if employers didn't have to pay that? Would wages have risen, prices of the products made lowered, or would profits simply have gone up? It's swings and roundabouts. If employers didn't pay their bit, profits would rise, yes. But, they would pay corporation tax on those profits instead of paying towards healthcare - which is usually at a higher rate. Wages probably wouldn't rise by any appreciable degree either. End result: A few pennies wage increase but huge rises in healthcare costs. Which system gives you better value for money?? Think about it. As an employer or employee, you are better off with publicly funded healthcare.
< Message edited by freedomdwarf1 -- 12/8/2014 10:44:37 AM >
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“If liberty means anything at all, it means the right to tell people what they do not want to hear.” George Orwell, 1903-1950
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