Health care costs


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This is based on historical facts – not guesses. Ok?

Single payer is based on medicare. Ok?

Medicare started really inexpensive, but the costs DOUBLED every 4 years. Ok?

Now – the plan they are working on is scored (costed) at 1.6 trillion for 15 million people over 10 years. This is a partial costing – not complete so you know it is going up – count on it.

Employers won’t keep the costs on themselves when they can dump it on the government. Period. That’s the truth. There isn’t competition between government and private anything – regulation and taxes immediately give an unfair advantage to the govt.

So now, you have the costs of 300 million people to cover – 20 times what the 1.6 trillion is covering (supposedly).

1.6 x 20 = $32,000,000,000,000.00 (6.4 million people earning 60,000 dollars per year for 83.33 years)

Now – if that 1.6 number is good, and based on medicare, then we know that the estimates could easily spiral up every 4 years. Even if it doesn’t, here is the problem.

32 trillion dollars divided by 10 years = 3.2 trillion in cost every year

3.2 trillion effectively doubles the budget we already can’t pay for.

We have just over 3 trillion in revenues in the US. That’s why we have deficit spending. Simply put – we’re spending 700,000,000,000.00 dollars more than we take in this year.

But now, we’re going to add 3.2 trillion on top of that 700 billion. That means 4 trillion dollars we can’t pay for with taxes now. This means new taxes. Want to divide 4 trillion divided by 300 million people (half of whom are income earners)?

13,333.33 per every living person per year.

Multiply it times 2 for the fact that only 160 million earn income –

26,666.66 per every income earner.

Per year.

You have that much in your paycheck?

Didn’t think so. Me either.

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4 Responses

  1. You ask me on twitter to add your blog and to give you feedback but I dropped the ball and forgot. You are added now. I like the pictures of the ugly liberals a lot better. Follow the link to my site.

  2. Those are some big numbers. Would you post a link to your sources? I need the whole picture to properly evaluate what you have written.

    For now I would like to ask how you respond to the fact that the spiraling cost of Medicare is mostly due to rising prices in the private sector? Obama has surrounded himself with incredibly smart people. Don’t you think it’s possible that they can do a better job of reducing costs in the system since they are focused on that instead of profit margins?

    I look forward to more on this, and the link to sources.

    Cheers,
    John

    • https://dirtyrottenscoundrels.wordpress.com/2009/06/24/medicare-historical-costs/

      The next article up 🙂

      Also if you want to blame private sector – let’s look at

      Amtrak
      Post Office
      DMV
      Medicare
      Medicaid
      Social Security
      Welfare
      Military Procurement

      I could go on – there hasn’t been ONE efficient program run by the government. Not one that I can even begin to think of.

      If we want to argue about #’s, let’s look at English and Canadian #’s and see how they are working?

      How about Massachusettes – the costs were supposed to be in the hundreds of millions and escalated well into billions and their wait times are the worst in the nation. Boston is THE worst as far as wait times in the WHOLE country.

      If you expect me to be all happy happy that I see coming into this country what I served in the military to prevent, it isn’t going to happen 🙂

      I also have a much larger article on health care – look at the top of the page – there is a tab there – health care – look at the article called budgeting, costing, guessing, who the heck knows?

      I have links in there as well to support my articles.

      Sorry my friend. I do try and back up what I say.

  3. If we are talking about the money issue, Meg Whitman brings up a great point. We could make all food stamps electronic, saving the state of California $1 billion. Now that is just the state of California. If we look at the rest of the nation and re-evaluate each case, I bet we could find billions of wasted dollars that could be reinvested into the economy.

    Actually, what this brings up is the argument for a growth in State’s rights and their ability to govern their own area. The fact is, with such a large bueracracy we will never get anything changed.

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