Quote:
Originally Posted by Iowa_Flames_Fan
The health care system in the U.S. proves one thing beyond a shadow of a doubt: private industry is not always more efficient. Quite apart from being unfair, quite apart from creating hardship for the poor.... the US health care system costs more than any other health care system in the developed world. Health care costs are out of control there.
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Here, I'll provide you some costs for Obamacare.
You'll probably ignore them, just like all big government people do when it comes to things like this because they think the government is actually more efficient when it comes to things like this.
According to the CBO, the best estimates for ObamaCare put the cost at $1.6 trillion over 10 years, with a benefit of 20 million people getting insurance who aren't now (out of 47 million). Divided by 10 years, this comes out to $8000/person/year, or $666.66/person/month. Bear in mind, this includes children; the spending for an uninsured family of four per year works out to $32,000, not $8000. Also bear in mind that the 20 million will not be insured immediately, but for the sake of simplifying the numbers, we'll say they will be from day 1, for all 10 years.
$666/person/month.
Family of 4(normal for most people) = $2600/month for government provided health care that doesn't even cover everyone.
If you look around from state to state at existing coverage plans, there are only a few that are THAT expensive, and just about all of them are for people over the age of 60.
Secondly, you're forgetting about the bureaucracy's overhead. Of the $666, $49 will be given to insurance companies with the mandate that they provide full coverage for it. The Washington bureaucracy will soak up the remaining $617.
Just like it always has.
So, for $49/month, insurance companies will be expected to provide coverage. I wonder how long that will be sustainable until something goes bankrupt.
Even amongst the Democrats, there is apparently a 'silent majority' saying that Obama/Congress should slow down and make sure all bases are covered here.
Because they plan is nothing more than another government program that will cost Americans billions but in the end the cost won't be worth the coverage that will be provided.
How's THAT for efficient?