spence |
03-25-2010 01:52 PM |
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Originally Posted by fishbones
(Post 756459)
Clearly, I've read more of the bill than you.
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Clearly.
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I have to admit that when you use vagaries like "a lot of it", it sounds like the wealthy are going to be supporting the rest of us.
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Don't they already?
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In typical Spence fashion though, you don't provide any real numbers because you don't know them. The wealthy will only be paying a higher tax on Medicare. If you read the bill, you'd know that.
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It's unfortunate that I'm so important as I don't have the idle time to do a lot of homework, perhaps I could ask my admin, but I doubt she'd comply.
The wealthy are going to bear the brunt of this bill, and the benefits are going to be spread among everyone else. It's not just the hikes in Medicare taxes for the rich, which are a primary source of funding, but applying Medicare taxes to income such as dividends and capital gains. Additionally it's going to cost more for companies to insure highly compensated executives.
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Do you know anything about the mandates in the bill that could raise the price of premiums? Maybe you wouldn't mind having a plan that requires you to have coverage for infertility treatments or wigs. When the government mandates that a plan can only legally be sold in a state if it has certain mandates, it's effectively forcing people to pay more for their coverage.
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There are also aupposed to be negotiated concessions with the insurance industry to cut costs.
I'm not aware of anything in the new bill that mandates coverage for infertility treatments, and as for wigs, I'm just thankful nobody in my family has cancer...
-spence
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