We can't afford NOT TO do single payer health care

L

LV426

Verified User
Right now according to the Kaiser Family Foundation, it costs about $22K a year to provide a worker with health insurance.

Of that $22K cost, the worker pays about $6K and the employer pays about $16K.

For a business of 50 employees, that is $800,000 a year that the company is spending on health care. Most businesses of 50 employees or less make an average income of just $53,000 a year. $800,000 spent on health care, $53,000 in profit.

Under Bernie Sanders' M4A proposal, that business of 50 employees would pay exactly $0 in taxes to provide health care for their workers, saving $800,000 a year that can be put toward employee salaries, renovations, or new hires. Bernie's plan sets a 7.5% tax on business income in excess of $100,000. Most small businesses don't even come close to making that amount of profit, and those that do are hedge funds (they get taxed separately under Bernie's proposal).

But what about the employee? Won't they have to pay too? Yes, of course. They pay 4% on income above $29,000. The average HH income in the country is about $70K, so the average amount paid by workers in taxes for single payer would be just $1,600. Remember, workers pay $6,000 for health care right now. For a worker to pay the same amount, they would have to make at least $150,000/yr. Only 10% of US workers make more than $150,000 a year.
 
LV426 said:
Right now according to the Kaiser Family Foundation, it costs about $22K a year to provide a worker with health insurance.

Of that $22K cost, the worker pays about $6K and the employer pays about $16K.

For a business of 50 employees, that is $800,000 a year that the company is spending on health care. Most businesses of 50 employees or less make an average income of just $53,000 a year. $800,000 spent on health care, $53,000 in profit.

Under Bernie Sanders' M4A proposal, that business of 50 employees would pay exactly $0 in taxes to provide health care for their workers, saving $800,000 a year that can be put toward employee salaries, renovations, or new hires. Bernie's plan sets a 7.5% tax on business income in excess of $100,000. Most small businesses don't even come close to making that amount of profit, and those that do are hedge funds (they get taxed separately under Bernie's proposal).

But what about the employee? Won't they have to pay too? Yes, of course. They pay 4% on income above $29,000. The average HH income in the country is about $70K, so the average amount paid by workers in taxes for single payer would be just $1,600. Remember, workers pay $6,000 for health care right now. For a worker to pay the same amount, they would have to make at least $150,000/yr. Only 10% of US workers make more than $150,000 a year.
Click to expand...

Are you saying Obamacare is not working? You stupid fuck. And the other dumb fuck that "thanked" you for this bullshit.
 
Theywillneverlearn! said:
Are you saying Obamacare is not working? You stupid fuck. And the other dumb fuck that "thanked" you for this bullshit.
Click to expand...

I am saying capitalism isn't working because patient outcomes are negative, not positive. Life expectancy has declined for Americans. That's a direct result of our for-profit system.
 
this is a very good example of why Democrats shouldn't be in charge of sewage plants......they don't know shit about how markets work. All they can do is centralize power, enable corruption, enrich their buddies, and rob the commoners.
 
SmarterthanYou said:
this is a very good example of why Democrats shouldn't be in charge of sewage plants......they don't know shit about how markets work. All they can do is centralize power, enable corruption, enrich their buddies, and rob the commoners.
Click to expand...

We are still waiting for the "better" insurance plans that Trump promised us.
 
SmarterthanYou said:
this is a very good example of why Democrats shouldn't be in charge of sewage plants......they don't know shit about how markets work. All they can do is centralize power, enable corruption, enrich their buddies, and rob the commoners.
Click to expand...

What markets are at play here?
 
The civilized world has socialized medicine.

What little manufacturing we have has to compete with foreign companies that don't have to directly pay for employee heath insurance
because of national healthcare.


By the way, to slightly change the subject, in my union represented job, I paid 0% of my health insurance costs.
And in retirement, I still get significant contribution to my Medicare supplemental...but unions suck from what I'm told.
 
NiftyNiblick said:
The civilized world has socialized medicine.

What little manufacturing we have has to compete with foreign companies that don't have to directly pay for employee heath insurance
because of national healthcare.


By the way, to slightly change the subject, in my union represented job, I paid 0% of my health insurance costs.
And in retirement, I still get significant contribution to my Medicare supplemental...but unions suck from what I'm told.
Click to expand...

capitalism is where innovation in medicine resides
 
LV426 said:
Right now according to the Kaiser Family Foundation, it costs about $22K a year to provide a worker with health insurance.

Of that $22K cost, the worker pays about $6K and the employer pays about $16K.

For a business of 50 employees, that is $800,000 a year that the company is spending on health care. Most businesses of 50 employees or less make an average income of just $53,000 a year. $800,000 spent on health care, $53,000 in profit.

Under Bernie Sanders' M4A proposal, that business of 50 employees would pay exactly $0 in taxes to provide health care for their workers, saving $800,000 a year that can be put toward employee salaries, renovations, or new hires. Bernie's plan sets a 7.5% tax on business income in excess of $100,000. Most small businesses don't even come close to making that amount of profit, and those that do are hedge funds (they get taxed separately under Bernie's proposal).

But what about the employee? Won't they have to pay too? Yes, of course. They pay 4% on income above $29,000. The average HH income in the country is about $70K, so the average amount paid by workers in taxes for single payer would be just $1,600. Remember, workers pay $6,000 for health care right now. For a worker to pay the same amount, they would have to make at least $150,000/yr. Only 10% of US workers make more than $150,000 a year.
Click to expand...

It's moronic to tie health insurance to employment.
 
LV426 said:
Right now according to the Kaiser Family Foundation, it costs about $22K a year to provide a worker with health insurance.

Of that $22K cost, the worker pays about $6K and the employer pays about $16K.

For a business of 50 employees, that is $800,000 a year that the company is spending on health care. Most businesses of 50 employees or less make an average income of just $53,000 a year. $800,000 spent on health care, $53,000 in profit.

Under Bernie Sanders' M4A proposal, that business of 50 employees would pay exactly $0 in taxes to provide health care for their workers, saving $800,000 a year that can be put toward employee salaries, renovations, or new hires. Bernie's plan sets a 7.5% tax on business income in excess of $100,000. Most small businesses don't even come close to making that amount of profit, and those that do are hedge funds (they get taxed separately under Bernie's proposal).

But what about the employee? Won't they have to pay too? Yes, of course. They pay 4% on income above $29,000. The average HH income in the country is about $70K, so the average amount paid by workers in taxes for single payer would be just $1,600. Remember, workers pay $6,000 for health care right now. For a worker to pay the same amount, they would have to make at least $150,000/yr. Only 10% of US workers make more than $150,000 a year.
Click to expand...

It's amazing that this is still a debate in the US. And as usual, it's lower income conservatives who would benefit from M4A who are opposed to it. They really are so brainwashed by their corporate overlords and wealthy individuals that they argue against their own self interest. Different day, same story.
 
zymurgy said:
bwahahahaha

If we say things you don't like, you just say we are lying.

so that is not where this debate is going basement boy
Click to expand...

Who said you're lying? LV's question is relevant. Do you pay more or less for health insurance than you would pay under Sanders's plan?
 
You must log in or register to reply here.
Back
Top