Reply #35: Off topic...

[slipslidingaway]

I think what happened was that they took the original Jacob Hacker idea and chipped away at it so much that it is turning out to be a large bailout of the insurance companies. Exactly who knew what and at what point is another discussion, now nobody wants to tell the people we are better going back to the drawing board.

:(

Under the House bill, co-pays and deductibles for a family are capped at 10,000 and that will be in addition to premiums, the impact this could have on our economy might not be pleasant as pointed out in the post below.

Couple that post with the article I linked at the bottom of that thread, things to think about.

:shrug:

http://contraryinvestor.com/mo.htm

http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=389&topic_id=6895387&mesg_id=6895387

"...We are talking 8-12% of income for premiums alone, not even counting co-pays and deductibles. This is an unmitigated disaster for an economy consisting of 70% consumer spending. The subsidies reducing the cost for those lower on the income scale will come from money that could have gone to the productive economy of rebuilding our infrastructure or creating new green collar jobs. And that is assuming that the subsidies don't get cut--the legislation says that they will if national deficit targets are not met.

Congress and the president seem almost to be from another planet when they talk about "affordable choices." To them it seems to mean that if income minus food minus rent/mortage/utilities minus transportation minus health insurance costs equals a number slightly greater than zero--VIOLA! Affordability! I'm not going to be homeless or starve, and may even be able to pay medical bills. I just won't be buying much else..."