Ilovebenefits’s Blog

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How much will your taxes increase with a public health plan?

Editor’s note: Unless the health care overhaul deals with the cost of healthcare, this is what you can expect your taxes to escalate each year — times the factor that healthcare represents of GDP — currently around 16%  — or 1.67 points of increase per year!
 
According to a new analysis, medical expenses on a per member per month (PMPM) basis have escalated at 7.8% per year for the past six years. Source: “Medical Expense Trend Stabilized,” Mark Farrah Associates (MFA), June 25, 2009, http://www.markfarrah.com/healthcarebs.asp?article=63 

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July 13, 2009 - Posted by | Affordability, Cost, Federal Government, Transparency | , ,

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