Ilovebenefits’s Blog

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More on the Individual Mandate

In a recent release by the Actuary of CMS, the analysis shows that the current Senate health care bill will leave 24 million uninsured in 2019 when the bill is fully implemented. Now read this piece —

The amazing thing is that a mandate is so superfluous. CNNMoney reports on a recent study by eHealthinsurance.com that found “Half of Individual Policyholders Paid $132 or Less per Month.” The story goes on to say, “According to the report, in 2009 the median non-group health insurance premium for an individual in the United States was $1,584 per year ($132 per month) and the average deductible was $2,326. Combined, annual premiums and deductibles account for approximately 7.7 percent of median household income for 2008 ($50,303) as reported by the US Census Bureau.”

Now, if individuals got the same tax break as employers and if there were a back-up mechanism for high-risk applicants, we might dramatically reduce the numbers of uninsured without turning the Constitution on its head.

SOURCE:

CNNMoney

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December 11, 2009 - Posted by | Federal Government, healthcare | , , ,

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