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Obamacare will cost each family an extra $1700/year in premiums; do you really want this?

http://caosblog.com/11195 So tote up the cost of this bill on the middle class: – $1,700 more in insurance premiums for the average family. – Medical devices like wheelchairs and hearing aids get taxed. – Those who are sick must pay an average of about $600 more a year in income taxes because the bill raises the threshold for deducting medical expenses from 7.5 percent of income to 10 percent. – A $404 billion cut in Medicare. – Ending the subsidized Medicare Advantage insurance for costs over and above Medicare. Without Medicare Advantage, the elderly can only augment Medicare by buying Medigap coverage for which no subsidy is available and whose premiums are higher (offered, conveniently enough, by Obama’s buddies at the AARP). – No importation of Canadian medicines and no competitive bidding to hold down prescription drug costs (Obama’s deal to get Pharma’s support and advertising dollars). – A shortage of medical personnel and equipment as 30 million new patients are added without any expansion of the population of doctors and nurses. This shortage will make rationing inevitable, even if it shortens life expectancies among the elderly. And, all of this assumes that the House bill, which imposes a 4.5 percent payroll tax (which will discourage new employment), does not pass — and that the cost estimates of this program prove realistic. Despite the Congressional Budget Office’s concurrence, one can’t help noticing that Massachusetts’ program was estimated to cost $200 million in 2005 and now costs $700 million! This health care bill is, indeed, Obama’s first tax on the middle class. And when are we going to feel the pain of the expiration of Bush’s tax cuts? http://townhall.com/columnists/DickMorrisandEileenMcGann/2009/10/14/obamacare_means_$1,700_more_in_insurance_premiums_for_a_typical_family

Public Comments

1. Wow dont stop trying, the public option will pass.
2. Your Dick Morris Blog is factually incorrect, dear. I find it laughable that you would use a far right neocon's opinion as fact. On a side note, why would we 'feel the pain' of the expiration of the Bush tax cuts. You 'fiscal conservatives' should be dancing in the streets over the savings. Bush's tax cuts to the richest 1% cost this nation 2.48 trillion. The tax cuts to the rich will expire, on time, like they were always meant to do. As Morris likely forgot to remind you, Obama has continued the tax cuts to everyone else through 2013.
3. You pay what you can afford on a sliding scale. America needs health care so cut it out. If we can pay for Israel's public health care, then we can pay for our own.
4. Have you read the entire bill? That's what I thought. And until you do, you just can't come out here and cherry pick things to try and scare the public. Most of us are far too intelligent for this.
5. Yes, we will all pay more.. thank you Obama! And by the way... he lied , saying it would be taxed to the rich.. lol!
6. It always cost some body for something~unless you are born with a privileged life~~the tax payers have enough on their plate leave the medicine to private industry
7. When the profit of the insurance industries returns to normal, prices will come down, saving us billions. You will save a lot more than your fictitious $1700, when you submit a claim and it is denied by insurance company pencil pushers. The whole idea that the US can't do something that Cuba can do is just ridiculous.
8. darrin b.....the Senate Bill will meld with the House, and ultimately there will be something for the Congress to vote on. Until that reconciled Bill is finalized, there is no Bill to read. Anything on-line is moot.
9. The Obamadrones think it's free, they haven't learned there is no such thing as a free ride.
10. Do you have a sane source for your data? Dick Morris is your source - you need help. LOL