Friday, November 13, 2009

HR 3962: Political Push toward Single-Payer (i.e. Socialized Medicine)

Columnist Terry Jeffery runs the numbers and shows how the recently passed, Orwellian-named "Affordable Health Care for America" sets up financial incentives which will penalize employers who do not drop health insurance benefits to employees. Those workers will then find themselves priced out of the private insurance market leaving them with the "choice" of the "public option."

  • This will happen because HR 3962 makes it significantly cheaper for employers to pay the mandated tax instead of the mandated insurance.

  • Without the employer's contribution toward payment of health insurance premiums, out-of-pocket cost to employees for health insurance will more than double.

  • Families with incomes up to 400% of the poverty level will be eligible for government subsidies---but ONLY if their insurance is purchased through the government-controlled insurance exchanges, which will of course include the "public option" backed with the full force and guarantee of the US Government. Guess which plan will cost less--even though it won't be the best buy for your dollar?

  • Read the 2 page article for detailed examples, and then see if you think this bill will bring us medical care that is either more accessible or more affordable.


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