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Author: telegraph Big funky green star, 20000 posts Top Recommended Fools Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 20147  
Subject: Re: Obamacare--the details Date: 5/21/2009 3:50 PM
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intercst: "Under our current system of "Bushcare", private insurers skim 25%-30% off the top in excessive overhead & profit. That's the Republican "tax" on healthcare."

Not to worry. In order for the gov't to handle all the paperwork, they'll hire about 50% more workers than the insurance industry has to provide the same service.

Which, by my calculation, says that government insurance will actually cost about 25% more.....except, that is what you will support the subsidies to those who get them.

Let's see..a family making 80,000 a year with a few kids gets a subsidy. Hmmm..that likely means that those earning 40K or less (half the population) will get almost free healthcare.

So those earning 100K a year (as a family) or single will pay not only their own more expensive health care (due to excessive numbers of new hired gov't employees, all the buildings, and of course the cadillac type benefits)'ll pay for 1/2 of another as well...if not more.....and of course, the illegals get free health care since most of them don't even pay any taxes....

And your private plan will disappear within a few years, leaving you only with 'Hillary Care' great HMO in DC, overseen by Nancy Pelosi!.


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