Remember, just like mandatory auto insurance " you can't squeeze blood out of a turnip". How do you fine someone that has no money to start with. No, I understand when you have money and are self insured or don't feel you need insurance, but poor people are supposed to be the benefactors of Chairman Obama's healthcare.
His plan is;
Reduce Medicare expenditures by 50%, this is the one that has the oldsters upset.
Increase income tax on the top 5% of earners by 3% to 5%
If you are at 130% of poverty level, or lower, the government will give you the money to pay your insurance.
If you do not pay for insurance, they fine you.
With these changes, they will raise 1 trillion dollars to pay for the additional 46 million people who currently have no insurance. Plus, they will improve care for those who currently do have insurance.
The big problem, it's an absolute lie to nationalize another 17% of our economy for his socialist agenda.
Currently we have 41 million Americans on Medicare. This year, just the governments cost is supposed to be $440 billion. That pays for half. The other half of the medicare expense is paid by privete insurance the medicare receipients pay and their out of pocket co-pays. Or $880 billion total this year for 41 million people.
He says he will add 46 million people to government healthcare, and add zero dollars to the deficit because his plan costs 1 trillion dollars over 10 years. The GAO itself says it adds at least 1 1/2 trillion.
What they cannot explain, because it is a flat lie, is how they are adding more people than they currently insure, give them better care than current Medicare receipients receive, improve the current care of current Medicare people, and do it for approximately 1/2 of the current expense.
If that's his idea, I want him to prove he can do it over the next three years with all current recipients of Medicare/Medicaid and I'll even vote for him then, and push for the change.
Our current Medicare costs should be reduced from 880 billion to about 500 billion per year.
