No. of Recommendations: 6
Vermont tried that calculation not long ago

"The Daily Beast said Shumlin dropped single-payer after an estimate said it would cost $4.3 billion a year, almost the size of the state’s entire $4.9 billion budget.
The Washington Post reported that Shumlin said he could not "responsibly support" an 11.5 percent payroll tax hike on all Vermont businesses and an income tax hike of up to 9.5 percent that his administration said would be required."

Ok, let's take a real-life example that we have in the US. MassHealth, the "model" for the ObamaCare, and one of the reasons Romney was such a miserable choice as candidate against Obama, has had financial issues all along and has had to reduce eligibility repeatedly over the years. My mom lived in Massachusetts and when she was on it, the limits were around $1000 a month. Now it is down to $522. To give you an idea of how low that is, the Poverty Level Threshold in the US is $12,752 a year for a single person over 65, and $11,756 for a single person under 65 - almost double the level on the threshold on MassHealth. So basically, half the people living in poverty make too much to be fully covered by MassHealth.

Ajax, tell me again how well this works because I am not seeing it.

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