The Congressional Budget Office estimated that the bill, which merges versions produced earlier by two committees, would cost $849 billion...

Originally posted by Rockstrongo37


I just wanted to post this because I'm sitting here totally amazed that something like this is about to happen. I took the above $849 billion amount and divided it by 31 million that will be covered by the bill...and low and behold it came to $27,387 dollars per person! OMG I pay nearly $1000 a month for me and my family for a private insurance policy...wouldnt it seem at least a bit more logical to simply give these people $1000 a month ($12,000 a year) to go out and pay some private established insurance company to get coverage, instead of totally remaking the entire industry? If we did that, logic would then say we could at least save $15,000 or so per year per person! Oh but that would be too easy and not fit into the plans our President has to recreate a new and more powerful government run enterprise!


www.npr.org
(visit the link for the full news article)

You did not divide it by ten years which is what the figure represents I believe...

$2,739 per person per year if you do that -

Originally posted by HotSauce
reply to post by Janky Red

---

You did not divide it by ten years which is what the figure represents I believe...

$2,739 per person per year if you do that -

You are correct, but then add tht $2739 per person per year on top of the fact that the working folks have to still buy their own insurance on top of that.

So a family of four would be $10,956 on top of paying for their insurance which will become even more epensive than it is before "reform".

Originally posted by HotSauce
reply to post by Janky Red

---

Sorry try $250 per month for each individual. You can't get to $2700 per person per year (every man, woman, and child) with $25 per month.

Originally posted by conspiracyrus
reply to post by lpowell0627

---

Yeah Janky has a habit of saying numbers that dont really mean anything

Originally posted by conspiracyrus
www.cbo.gov...

states that the 40 million without insurance aren't all unable to afford coverage.

But lets to same Janky math

300000000 x .15 (people living below the poverty level en.wikipedia.org... ) = 45million

so that leaves 255 million to foot roughly 1t dollars = 3921 divided by 10 = 392 then divided by 12 blah blah blah


but you arent taking into account that with everyone insured you get a rise in hospital visits which drives up the cost not to mention the number of poor will rise for the next couple of years with mounting job losses

.....

in 2006 there were an estimated 1 billion trips to the hospital.

blogs.usatoday.com...

imagine how many trips youll have with everyone with insurance...


[edit on 19-11-2009 by conspiracyrus]

A Senate aide said 31 million uninsured people would be covered under the proposal released Wednesday; the House bill aims to cover 36 million.

Dr. David Himmelstein is an associate professor of medicine at Harvard Medical School and a primary care doctor at the Cambridge Hospital in Massachusetts. Dr. Himmelstein is also a founder of Physicians for a National Health Program. In 2005 and 2009, he helped write major studies finding that medical bills were a leading contributor to personal bankruptcies in the United States. He spoke to the freelance writer Anne Underwood.

Q.
How many medical bankruptcies are there annually in this country?

A.
The forecast for this year is that there will be 1.4 million to 1.5 million total bankruptcy filings. Our data say 62 percent of those will be medical. That works out to around 900,000 cases, and each one affects about 2.7 people. That makes roughly 2.4 million people who will suffer from new medical bankruptcy filings in 2009 alone.

Q.
What’s the fallout from declaring medical bankruptcy?

A.
We know that bankruptcy in general is considered hugely shameful. People who will tell you the intimate details of their sex lives will refuse to tell you about their bankruptcies. It shows up for years on credit reports. It creates problems in obtaining housing and getting jobs.