The Baucus Bill is going to be voted on in committee today. There are some numbers you should see concerning this bill. Via Neal’s Nuze:
This analysis shows that the cost of the average family coverage is approximately $12,300 today and could be expected to increase to approximately:
- $15,500 in 2013 under current law and to $17,200 if these provisions are implemented.
- $18,400 in 2016 under current law and to $21,300 if these provisions are implemented.
- $21,900 in 2019 under current law and to $25,900 if these provisions are implemented.
This analysis shows that the cost of the average single coverage is $4,600 today and could be expected to increase to:
- $5,800 in 2013 under current law and to $6,400 if these provisions are implemented.
- $6,900 in 2016 under current law and to $7,900 if these provisions are implemented.
- $8,200 in 2019 under current law and to $9,700 if these provisions are implemented.
To the All American Blogger reader, this is no surprise. As I have written before, this plan is based on the Massachusetts plan. And the Massachusetts plan has increased insurance premiums in the state to the highest in the nation:
The report by the Commonwealth Fund, a nonprofit health care foundation, showed that the average family premium for plans offered by employers in Massachusetts was $13,788 in 2008, 40 percent higher than in 2003. Over the same period, premiums nationwide rose an average of 33 percent.
Some while some get health insurance for free, you and I get to pay $20,000 more over the next ten years. This is what is known as “social justice.” In order for some to have more, I have to have less.
Here here. Its wealth redistribution packaged as “health care reform.”
Here here. Its wealth redistribution packaged as “health care reform.”