Thursday, March 25, 2010

The Health Care Myth Perpetrated By Obama

iOwnTheWorld has a post up this morning covering the health care myths perpetrated by candidate and President Obama versus the reality. It's a great post, excerpted from Huff'n Puff so be sure to check out the iOwnTheWorld post, and spare yourself the eye infection you're sure to receive at Ariana's place. Here are a few of the Myths and Facts:
Myth 1: This is a universal health care bill.

Fact: The bill is neither universal health care nor universal health insurance. According to the Congressional Budget Office:

* Total uninsured in 2019 with no bill: 54 million
* Total uninsured in 2019 with Senate bill: 24 million

Myth 4: The bill will make health care affordable for middle class Americans.

Fact: The bill will impose a financial hardship on middle class Americans who will be forced to buy a product that they can’t afford to use.

A family of four making $66,370 will be forced to pay $5,243 per year for insurance. After basic necessities, this leaves them with $8,307 in discretionary income — out of which they would have to cover clothing, credit card and other debt, child care and education costs, in addition to $5,882 in annual out-of-pocket medical expenses for which families will be responsible.

Myth 6: This bill provides health care to 31 million people who are currently uninsured.

Fact: This bill will mandate that millions of people who are currently uninsured purchase insurance from private companies, or the IRS will collect up to 2% of their annual income in penalties. Some will be assisted with government subsidies.

Myth 7: You can keep the insurance you have if you like it.

Fact: The excise tax will result in employers switching to plans with higher co-pays and fewer covered services.
Older, less healthy employees with employer-based health care will be forced to pay much more in out-of-pocket expenses than they do now.
iOwnTheWord has great blogging and some of the best photohshop work and comedic creations I've ever come across. Be sure to stop by!

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