Hospital Insurance (Part A) - financed by a 2.9 percent payroll (FICA) tax split evenly
between employee and employer.
Supplementary Medical Insurance (Part - financed by monthly $50 premiums by current
enrollees (about 25 percent of program costs) and from general revenues. ,,,,,, (75% ???)
It sounds a bit dated though, I thought premiums today were around 90 bucks, and that is a pretty good deal really I think.
It must have come from CNN (Clinton News Network) LOL
Medicare premiums are now about $111, add around $30/month for part D, and anywhere from $50 -$150 for an advantage or supplement plan, but still a good deal. Going on medicare and a supplement and Part D plan have saved me about $600/month in health insurance premiums.
Not only government subsidies, but other externalities (like our military protections) that are charged to the American taxpayer. Here's an in depth assessment. (this was done before BP's screw up. The cost is probably higher now)
www.icta.org/doc/Real%20Price%20of%20Gasoline.pdf
Joe- The situation in Iran and S.A. is utterly different than what we face here in the lower 48. We would run through our domestic supplies in less than 5 years. We spend a small fortune to ensure our access to cheap foreign oil. We value the ability to drive our SUV at 70mph more than we do our ability to provide adequate health care. Interesting values.
CK, the gov't is subsidizing medicare B 75% with general funds. The gov't is also price setting payments to "private providers" that makes it appear to work cheaper. The extra cost is just shifted to those not in the public option. I believe I understand it quite well. If you research it, I believe you will find that originally Medicare paid full price to Doctors. Later they cut back and used govt set prices to save money. (1983)
http://www.nytimes.com/1983/02/25/us/ho ... icare.html
Subsidized public hospital funding for indigent care (Denver Health), and public funds to partly support community/family health clinics have been done for years, and it is needed. The public option for national healthcare is not simply a subsidy, it is price fixing.
I don't claim to know everything, I started with a question and LJ provided a link. I do get irritated by "the public option will fix everything" pipe dream.
Sorry to go off topic. The health care law (mandate) was clearly unconstitutional and should be shut down. States should regulate insurance. Feds can subsidize it with tax credits if they had any money. Any lawmaker that voted for it should be booted out for violating the constitution.
If you want to be, press one. If you want not to be, press 2
Republicans are red, democrats are blue, neither of them, gives a flip about you.
If it was "clearly unconstitutional", the two previous judges that ruled on it would have come to the same result as the third judge. (Interesting fact about the third judge, Henry E. Hudson, a Bush appointee... In August, advocacy group Americans United for Change pushed for Hudson's recusal from the health care case because of the judge's previous stock holdings in Campaign Solutions Inc., a company whose clients have included the Republican National Committee and the National Republican Congressional Committee.)
netdude wrote: If everyone toned the rhetoric down a few notches we can actually have discussions, may not have any more agreement but at least we can discuss like civil folk.....
Took the words right out of my mouth. I was driving along today switching between Rush Limbaugh and Thom Hartman. Thom thinks that if a r is elected pres in'12 it will lead to a Mussolini and Rush thinks we already elected him.
what station for hartman? i am in a location where a lot of stations don't come in but it would be interesting to get another perspective.
AM 760. 1-4 pm.
thanks i will check it out
bumper sticker - honk if you will pay my mortgage
"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher
"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson
LadyJazzer wrote: If it was "clearly unconstitutional", the two previous judges that ruled on it would have come to the same result as the third judge. (Interesting fact about the third judge, Henry E. Hudson, a Bush appointee... In August, advocacy group Americans United for Change pushed for Hudson's recusal from the health care case because of the judge's previous stock holdings in Campaign Solutions Inc., a company whose clients have included the Republican National Committee and the National Republican Congressional Committee.)
No bias there...
but finally a judge, hudson, who knows what the constitution is. can't really count on scotus to know though.
bumper sticker - honk if you will pay my mortgage
"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher
"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson
Something the Dog Said wrote: Interesting comments on this decision and issues with the judge's reasonings on the Volkh conspiracy which is a relatively conservative/liberatian blog.
http://volokh.com/2010/12/13/a-quick-re ... -decision/
thanks for the link.
bumper sticker - honk if you will pay my mortgage
"The problem with Socialism is that eventually you run out of other people's money." attributed to Margaret Thatcher
"A wise and frugal government, which shall leave men free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor the bread it has earned - this is the sum of good government." Thomas Jefferson
- financed by monthly $50 premiums by current
