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Reply #113: And the "subsidy" is a tax credit [View All]

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Lydia Leftcoast Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-19-10 10:19 PM
Response to Reply #45
113. And the "subsidy" is a tax credit
which is an affluent person's idea of a good deal and does nothing for the person who has trouble actually coming up with the premium money every month.

Ask one who is self-employed and is already for a 100% tax credit on insurance premiums. Namely me. Getting a reduction in my income tax of a couple hundred dollars is NOT HELPFUL when I, with my variable income, can't afford the premium payment, which the insurance co. automatically withdraws from my bank account. (And that's for a policy with a $5000 deductible and a 20% copay thereafter.)

I broke my elbow last winter and had to pay the entire cost of treatment myself. It took me seven months to pay it off. That was WITH insurance in what is supposed to be one of the "best" states for insurance in the country.

All the insurance company did for my hundreds of dollars per month was mail out letters telling me that I hadn't made my deductible.

That's why I dropped my insurance. And there is nothing in the current bill to prevent people from going bankrupt.

That's why I will resist any attempts to force me to buy private insurance unless, as in Germany and Switzerland, the insurance companies are put on a choke chain.

I'm old enough to remember when paying for insurance got you NO DEDUCTIBLES and a 10% copay.

Any health insurance law that still permits deductibles is just an excuse for the insurance companies to print money.

That's REALITY, not think tank theory, not DNC PR babble. It's REALITY, and many, many people are worse off than I am.

REALITY. Sometimes it conflicts with political PR.
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