The health care reform bill was passed 219-212 yesterday. There are so many folks who are confused about who will be covered and how much will it cost them. It will give 32 million uninsured Americans health insurance. It is not public option instead it will in fact provide private health insurance for those who don’t qualify for Medicaid and state-sponsor insurance programs. Those who don’t have insurance will be fined as of 2014. There are those with certain incomes that will be exempt from being fined. Got that yet? I still get dizzy from hearing about all of it. There is a 2000-page health care bill that has all the gory details, all in bureaucrat-ese.
Employers will be required to carry insurance for their employees or risk being fined. This is for businesses and companies who employ 50 or more. However, those with 25 or fewer employers will receive tax credits to help them pay for health insurance.
Now we ask, how is this going to be paid for? Tax increases to the wealthy-those who make more than $250,000 a year. Critics of the whole thing say that the middle-class will end up paying in the end through tax and fee increases. People who cannot afford to pay for private health insurance may be given subsidies to help them buy their insurance through state-based insurance exchanges. All of these changes will take place in 2014. One good thing may come of this is the millions of uninsured Americans will have medical insurance but at what costs.
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{ 7 comments… read them below or add one }
“all in bureaucrat-ese” – no, it’s in english. read it and then post an informed comment. that would be great.
Anonymous…
Are you referring to the healthcare bill that harry Reid just came out complaining about? You know the one that hits Nevada hard for medicare and medicade spending… good ol’ harry finally read the 2000 pages and doesn’t like it either… but then again according to Pelosi they had to pass it so we would know what was in it right? What about the promise that was broken in that the law would be posted for the American public to read prior to being voted on?
if I have mistake your comments please correct me if I am wrong, but by the tone I’d say you are one of those infiltrating liberal plants we hear about in the news.
Here’s the correct link – http://www.foxnews.com/politics/2010/03/22/irs-serve-health-reform-enforcer-lacks-authority-enforce/
Let’s say, for instance, the only gov’t employees added to the already bloated payroll are the 16,500 IRS employees. Take that same $45,000 + 40% for benefits = $1,039,500,000. That, my friends, is 10% of the total package (estimated cost of $10 Billion/yr) just in salary for people who won’t even have the authority to enforce the law (http://www.foxnews.com/politics/2010/03/22/irs-serve-health-reform-enforcer-lacks-authority-enforce/)!!!!!!!!!
340 million Americans. 30 million without insurance. 15 million young healthy adults who chose not to have it. The balance is 15 million in want.
I’ve got an idea, instead of addressing the small number, let’s Regulate and criminalize the entire population if they don’t go along with government re-working EVERYBODY! And just so everyone knows their screwed if they don’t submit. let’s let the IRS be the enforcers!
It’s just that simple. What’s all the fuss about?
“millions of uninsured Americans will have medical insurance but at what costs.”
This is a question we shouldn’t even have to ask. There has never been a gov’t program – military included – that has ever worked out the way it’s budgeted. Especially when you have to add 16,500 employees to the IRS and untold numbers to the multiple bureaucracies it’s going to take to oversee this. If you figure that there will be 100,000 jobs added to the gov’t (read: taken away from the private sector where the money to finance this venture is generated) at an average salary of…say $45,000 (conservative figure, I know) and their benefit package is equal to about 40% (conservative again) of their pay, that brings their total pay to $63,000/yr. Now take the 100,000 jobs X $63,000 and you get $6.3 BILLION in wages alone!!!
Most of the rich already know the legal loopholes. My hunch is that the middle class will foot this bill in the form of direct taxation and/or the hidden tax called inflation. This means that before this bill was passed, many couldn’t afford to pay for their own insurance. Now, they are going to be paying for other peoples’ insurance or get fined. Talk about kicking you while you’re down.