Clinton to offer health care plan, only $110,000,000,000 a year

Sep 17, 2007

  1. STIBROKER
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    STIBROKER Like My post and enter the DRAWING,,,, Moderator

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    Clinton to offer health care plan - Yahoo! News

    Clinton to offer health care plan


    By BETH FOUHY, Associated Press Writer 10 minutes ago

    DES MOINES, Iowa - For months, Democratic presidential candidate Hillary Rodham Clinton has promised a plan to bring health care to every American.
    She was to make good on that pledge Monday, unveiling a sweeping proposal requiring everyone to carry health insurance and offering federal subsidies to help reduce the cost of coverage.
    With a price tag of about $110 billion per year, Clinton's "American Health Choices Plan" represents her first major effort to achieve universal health coverage since 1994, when the plan she authored during her husband's first term collapsed.
    The former first lady says she has learned from that experience, which almost derailed Bill Clinton's presidency and helped put Republicans in control of Congress for years to come. Aides say she has jettisoned the complexity and uncertainty of the last effort in favor of a plan that stresses simplicity, cost control and consumer choice.
    The centerpiece of Clinton's plan is the so-called "individual mandate," requiring everyone to have health insurance — just as most states require drivers to purchase auto insurance. Rival John Edwards has also offered a plan that includes an individual mandate, while the proposal outlined by Barack Obama does not.
    "It puts the consumer in the driver's seat by offering more choices and lowering costs," Neera Tanden, Clinton's top policy adviser, told The Associated Press. "If you like the plan you have, you keep it. If you're one of tens of millions of Americans without coverage or don't like the coverage you have, you will have a choice of plans to pick from and you'll get tax credits to help pay for it."
    Clinton, the Democratic front-runner, has already laid out proposals to improve health care quality and reduce costs. She was to release her universal health care plan in Iowa, the first voting state.
    With 47 million Americans currently uninsured, the Democratic presidential contenders have been united in advocating universal coverage. They have parted ways on certain specifics, including the individual mandate, which has detractors from both ends of the political spectrum.
    Republican skeptics say it would be too invasive and would restrict personal freedom and choice. Liberal Democrats have expressed concern that such a mandate would be too financially burdensome for lower-income individuals and families — a concern shared by Obama, who has said individuals cannot be forced to purchase insurance until the cost of coverage is substantially reduced.
    Aides said Clinton believes that an individual mandate is the only way to achieve health care for all. A key component of her plan would be a federal tax subsidy to help individuals pay for coverage.
    Clinton's plan builds on the existing employer-based system of coverage. People who receive insurance through the workplace could continue to do so; businesses, in turn, would be required to offer insurance to employees, or contribute to a government-run pool that would help pay for those not covered. Clinton would also offer a tax subsidy to small businesses to help them afford the cost of providing coverage to their workers.
    For individuals and families who are not covered by employers or whose employer-based coverage is inadequate, Clinton would offer expanded versions of two existing government programs: Medicare, and the health insurance plan currently offered to federal employees. Consumers could choose between either government-run program, but aides stress that no new federal bureaucracy would be created under the Clinton plan.
    Aides said Clinton will propose several specific measures to pay for her plan, including an end to some of the Bush-era tax cuts for people making more than $250,000 per year. Edwards has vowed to completely repeal the tax cuts for high earners to pay for the cost of his plan, estimated at $90 billion-$120 billion per year, while Obama would pay for his plan in part by letting the tax cuts expire in 2010.
    Clinton is also expected to stress several cost-saving measures to help pay for universal coverage. She's already recommended several such proposals, such computerized medical record-keeping and a reduction in federal overpayments to hospitals and health maintenance organizations. She would also promote wellness and disease prevention as a way to reduce costs.
    Clinton is sure to court danger from the health insurance industry by proposing several industry reforms. Among other things, she would require insurance companies to provide coverage to all consumers regardless of pre-existing conditions.
    The insurance industry helped kill Clinton's earlier attempt at health care reform through a multibillion-dollar media and lobbying campaign that included television ads featuring a middle-class couple named Harry and Louise fretting over having to get their insurance through a new "billion-dollar bureaucracy."
    While Clinton is expected to lay out a concrete vision for health care reform, she will probably steer clear of delving too deeply into policy specifics, at least for now.
    Her 1994 effort was 1,300 pages long and so detailed it offered little room for any maneuvering or compromise. And after seven years in the Senate, Clinton has said she's developed a greater appreciation of the need to compromise.
     
  2. djs
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    djs Super Moderator Moderator

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    I love it... make health insurance affordable by subsidizing it with tax dollars. Let's see, take money out of my left pocket to put it in my right pocket to pay for health insurance.

    This really illustrates that politicians forget we pay the taxes. They just move piles of money around to make it appear they are doing something useful.

    The math doesn't work either. $110B for this is about $366 per person per year. I understand that they want to have everyone in the plan, but you either need to have substantial cost cuts (such as forgetting to pay the doctors) or you can't come close to a comprehensive plan for this price tag. The proposed 'electronic medical records' efficiency, which many places already use, doesn't come close to saving this amount of money. Or is it $110B more than people currently pay in health insurance premiums?

    Good idea though! Everyone should have to line up outside my office to get their health insurance plan.

    Dan
     
    djs, Sep 17, 2007
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  3. The New Guy
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    The New Guy Guru

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    Sounds like the people who work for the Treasury printing money, won't be out of work anytime soon.
     
  4. TXINSURANCE
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    TXINSURANCE Guru

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    I am confused.

    If an "individual" wants coverage she keeps talking about this "menu" of options??? Does this mean government plans or individual plans on the free market?

    Ohhh wait it is Hillary there is no such thing as free market. She also wants no exclusions, no ratings, guaranteed issue. What a joke.
     
  5. aufan
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    aufan Super Genius

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    Hillary's plan = won't work

    Again, the democrats prove how totally clueless they are to reality.
     
    aufan, Sep 17, 2007
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  6. somarco
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    somarco That Medicare Guy

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    Not quite.

    Presumably the plan is aimed at the 47M who do not currently have coverage. Everyone else would remain status quo (except for those who jump ship to get the subsidized plan).

    The revised numbers work out to $2340 per year.

    Still coming up short but politicians know the voting public is not smart enough to run the numbers. And you know the press won't do it either.
     
    somarco, Sep 17, 2007
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  7. Krono
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    Krono Super Genius

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    Quote from article: The centerpiece of Clinton's plan is the so-called "individual mandate," requiring everyone to have health insurance..."It puts the consumer in the driver's seat by offering more choices and lowering costs"

    Hahaha...my irony meter just blew up! Clinton wants to MANDATE required insurance while telling that us that it gives us more choices. Whaaa? What if my choice is to not have insurance? It may be stupid...but at least that is my choice...for now anyway.

    Note to the gullible...MANDATES do NOT give you more choices. It forces you to submit to the government. Typical politician...
     
    Krono, Sep 17, 2007
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  8. djs
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    djs Super Moderator Moderator

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    I see, so that means it's $110B of tax payer money, not just in chairs being rearranged, but new, additional spending.

    So now, in addition to paying my own health insurance premiums, I have to pay an additional $366 per person on my tax return so 43Million don't have to pay their health premiums. Of course, we all know, this will come from a small tax increase on those making way to much money and not paying their fair share already. They won't mind.

    Line forms to the left of my office door. Beat the crowds, sign up now :)


    Dan
     
    djs, Sep 17, 2007
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  9. TXINSURANCE
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    TXINSURANCE Guru

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    This is hands down the worst plan I have heard of.

    How about letting free markets rule and limit government mandates and restrictions like guaranteed issue?

    Ohhh wait that wouldn't be politically correct that would actually involve individual responsibility.
     
  10. sman
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    sman Guru

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    "When I'm president, privatization is off the table because it's not the answer to anything."
    Hillary Rodham, September 3, 2007 AARP Legislative Conference.



    This was in response to privatizing social security. But notice she didn't stop at saying privatizing wasn't the answer to social security. She said it wasn't the answer to anything.

    Hear me now. If Hillary wins the presidency and the Republicans lose more seats in Congress, the government will run health care. We will need to find another source of income.

    As for the amount of money needed to pay for the program, since when do politicians ever accurately state the cost of their spending programs? We only need to look at the Prescription Drug Plan to know that they missed the mark by a wide margin. As is the case here with Hillary Care or Obama Care or Edwards Care. That price tag is likely to double or triple at the very least.
     
    sman, Sep 17, 2007
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