$2 Trillion+ in New Taxes for Single Payer, or $50 Billion to Strengthen ObamaCare? Next Question, Please
By BOB HERTZ
It is not wise for Democrats to spend all their energy
debating Single Payer health care solutions.
None of their single player
plans has much chance to pass in 2020, especially under the limited
reconciliation process. In the words of Ezra Klein, “If Democrats don’t have a
plan for the filibuster, they don’t really have a plan for ambitious health
care reform.”
Yet while we debate Single Payer – or, even if it somehow
passed, wait for it to be installed — millions of persons are still hurting
under our current system.
We can help these people now!
Here are six practical programs to create a better ACA.
Taken all together they should not cost more than $50
billion a year. This is a tiny fraction of the new taxes that would be needed
for full single payer. This is at least negotiable, especially if Democrats can
take the White House and the Senate.
Program No. 1 – Kill the Subsidy Cliff
If your annual income as a single taxpayer is under $48,560,
you currently get a subsidy when purchasing a qualified plan. At age 60, your
subsidy could be as much as $7,000 a year depending on the state. You would be
paying $400 a month for a policy whose full price is $1,024 a month,
But if your annual income is $ 49,000 or more, you get no subsidy whatsoever.
Your premium is the full $1,024 a month –which amounts to
about 30% of your aftertax income, and for what? For a policy with deductibles
and co...
Source: The Health Care Blog - Category: Consumer Health News Authors: Christina Liu Tags: Health Policy Medicare Obamacare Politics Affordable Care Act American healthcare Bob Hertz Medicare For All Single payer US Health Care System Source Type: blogs
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