Wednesday, September 16, 2009

Baucus Plan Only $850Bn. Know Why?

Yah, the Baucus plan is kinda Slenderized on cost.

There's a reason.

Another number to watch: 13 percent. That’s the share of family income that the Baucus plan envisions middle-class American families having to pay in health insurance premiums before co-payments, deductibles and other cost-sharing

D'ya think that AFSCME and/or WEAC members envision coughing up ~$550/month (single) in premiums PLUS co-payments and deductibles? (Calc based on $50K annual income)

Get the popcorn! Rockefeller (D-WVA) jumps in: (HT: Ace)

The Baucus proposal would impose, starting in 2013, a 35 percent excise tax on insurance companies for "high-cost plans" -- defined as those above $8,000 for individuals and $21,000 for family plans.

...Referring to Baucus, Rockefeller said, "He should understand that (his proposal) means that virtually every single coal miner is going to have a big, big tax put on them because the tax will be put on the company and the company will immediately pass it down and lower benefits because they are self insured, most of them, because they are larger. They will pass it down, lower benefits, and probably this will mean higher premiums for coal miners who are getting very good health care benefits for a very good reason.

Mmmmmmm. Popcorn!!

1 comment:

Billiam said...

I don't pay that much now. My company picks up quite a chunk. If I had to pay $550 a month, It'd put a hell of a financial bind on me. Then, to have to pay ded. and co-pay on top of it? These bastards must want me to go broke!