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Colorado May Replace Obamacare with Single Payer

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posted on Apr, 30 2016 @ 06:39 PM
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The State of Colorado in a "Pikes Peak or Bust" moment has a thing on their ballot this November to actually initiate a single payer health system.

It apparently would "replace" Obama.Care.

Of course the necessary tax increases are there too.

Read and comment.

(Note "Colorado" is mis=spelled in the article title) (hope's that's not an indication of the proposed policy)
Colorodo May Replace Obamacare with Single Payer


The single-payer plan would be funded by a payroll tax of 10%, of which employers would pay 6.7% and workers 3.3%. An additional 10% tax on investment income, income from the self-employed, and some small business income would be pay for the program as well.


According to a recent New York Times article, the insurance industry and conservative groups are already lining up to oppose the plan. Even some Democratic officials, like Colorado Governor John Hickenlooper are against it. But supporters have reason for optimism as well. Democratic voters in Colorado supported Bernie Sanders—who is purposing a similar Medicare for All plan on the national level—by nearly 20% over Hillary Clinton. For fans of single payer health care, the result is proof that there is enough progressive energy in the state to get such a radical reform passed.






posted on Apr, 30 2016 @ 06:41 PM
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I say let them do it. Let them do it and then let the rest of the country stand back and watch what happens. Stand back and watch for a period of one or two decades to give it plenty of time to sink in and for us to really, really see what will happen to them.



posted on Apr, 30 2016 @ 06:43 PM
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a reply to: ketsuko

I think the business taxes alone might force an early failure.


edit on Apr-30-2016 by xuenchen because: tax until broke



posted on Apr, 30 2016 @ 06:47 PM
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They should take all of that leftover from the ganj and use it to provide free healthare.



posted on Apr, 30 2016 @ 06:54 PM
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So what happens to those who do not work, are unemployed, etc. Does the "payroll tax" subsidize these folks?



posted on Apr, 30 2016 @ 06:57 PM
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originally posted by: MEDIKATED
They should take all of that leftover from the ganj and use it to provide free healthare.


If the pro-weed lobby is right, it's only a matter of time before the rest of the country goes legal. If that's true, it would be pure folly to link their marijuana taxes to a large part of the revenue stream. Once too many other states have legal weed, Colorado won't be able to tax theirs as high as they do now.



posted on Apr, 30 2016 @ 07:00 PM
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Seriously, I don't see this being a benefit for Coloradoans! Businesses are going to pack up and leave to another state! More unemployment will be the result and less employed folks and businesses to actually pay for it! I cannot foresee this even passing come November!
edit on 4 30 2016 by CynConcepts because: Egad! These politics have me drinking and misspelling! Best go eat dinner!



posted on Apr, 30 2016 @ 07:03 PM
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a reply to: CynConcepts

Never underestimate the power of "free" stuff.



posted on Apr, 30 2016 @ 07:18 PM
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Good for Colorado!

I want everyone to pay attention to Colorado and the wave of businesses that leave.

I predict higher unemployment, fewer businesses and a call for further increases in taxes if this passes.


hahahahahahahaha



posted on Apr, 30 2016 @ 07:26 PM
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a reply to: xuenchen

Hmm... Average income in the US is $52k. Average healthcare cost per capita is $9400. It actually sounds like it could be a net savings compared to the cost of health insurance, co-pays, etc.

Obviously, there's many other numbers and factors to consider, but the real equation is, if done right (which it probably wouldn't be) all of the net savings compared to private insurers would equate to cost reductions for businesses (employer contributions) and individuals.



posted on Apr, 30 2016 @ 07:29 PM
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a reply to: dogstar23


... if done right (which it probably wouldn't be) ...


I love this phrase. I see it attached to so many socialist proposals. It's almost like you are setting yourselves an out from the beginning ...
edit on 30-4-2016 by ketsuko because: (no reason given)



posted on Apr, 30 2016 @ 08:03 PM
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a reply to: ketsuko

It's not a cop-out, it's just reality. Do you really think it could happen in the US without it turning into a huge bonanza for moneyed interests, rather than savings for individuals and businesses?

Also, I'm not socialist, though I do believe nationalized healthcare is in our best interests. 17% of our GDP and growing is a much bigger threat to the nation than any terrorist organization could ever hope to be.



posted on Apr, 30 2016 @ 08:47 PM
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Over the past 4 or more years there has been an influx of people arriving in Colorado from the northeast US. Chicago , Detroit , Baltimore.Especially to the Boulder area . Say anything important to ya ? Possibly related ?



posted on Apr, 30 2016 @ 09:10 PM
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I thought the individual states are allowed to interpret the application of Obama care anyway, while needing the 10 point medical care, while of course there are needs that are not covered, subject to adjudication.

So, the tax element can't really be configured as better or worse until one knows exactly what they are entitled to in the first instance.



posted on Apr, 30 2016 @ 09:16 PM
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I say let it roll. Colorado can continue leading this country with some actual progress on real issues.

Or itll fail. Either way. Somebody has to try this stuff. What the hell is the point of a country with 50 states if things like this arent experimented?



posted on Apr, 30 2016 @ 09:26 PM
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I am all for single payer, but I have my doubts it can work at the state level. I think it has to be done at the national level to work.

Part of what people don't realize is that the health insurance industry is one of the major reasons why healthcare costs so much. As surprising as this may be to believe, most doctors couldn't even tell you how much a given procedure costs -- they can only tell you how much they bill the insurance, a figure which is inflated to cover all the possible coverage permutations. Hospitals/doctors then erase whatever portion of that figure wasn't covered. It was all funny money to begin with.



posted on Apr, 30 2016 @ 09:28 PM
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originally posted by: ketsuko
a reply to: dogstar23


... if done right (which it probably wouldn't be) ...


I love this phrase. I see it attached to so many socialist proposals. It's almost like you are setting yourselves an out from the beginning ...


Kind of like capitalist proposals, which have a long, storied history of not being implemented correctly, both here in this country and abroad.



posted on Apr, 30 2016 @ 10:05 PM
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Bottom line is something needs to be done about current healthcare prices. As another post pointed out, currently the prices are inflated about 5x because the hospital has to over charge the health insurance companies greatly or they wont get enough. They overcharge and then settle. It is ludicrous.



posted on Apr, 30 2016 @ 10:07 PM
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What happens when price controls kick in?

How long before "providers" vamoose or become so incompetent nobody will be trusting them?




posted on Apr, 30 2016 @ 10:30 PM
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a reply to: ketsuko


As an insurance broker for the past 25 years, I agree with you 100% Ketsuko. We need Colorado to give "Single Payer" a try to see if it will work here in America.

Doctors and Hospitals make tons of money now from Private Health Insurance reimbursements. Many will leave Colorado, if they have to take a 20%-30% pay cut.

Also, Americans aren't used to waiting for important medical procedures. Colorado residents will have to wait longer than residents of other states, due to more people seeking medical care + cost cutting measures + fewer physicians.

If someone lives in Denver and gets sick or injured in any of the other states, our outside the USA, they probably will have to pay for their own medical treatment. It's not likely that a South Carolina doctor/hospital will be able to bill the State of Colorado for the $23,000 in expenses incurred by Bill from Denver when he got sick in their state.

-cwm



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