patrick.net

I was making this point in the thread where people were talking about the costs of socialized health care. Thanks for the numbers.

Goran_K says

I was making this point in the thread where people were talking about the costs of socialized health care. Thanks for the numbers.

Need to enter the new tax scenario in the USA.

Well no kidding.

Of course taxes will be higher if you're no longer paying $25K+ to insurance companies, hospitals, Drs. offices, etc.

Not to mention that those other countries offer far more services paid by tax dollars that we have to pay separately for here.

LeonDurham says

Not to mention that those other countries offer far more services paid by tax dollars that we have to pay separately for here.

Says who?

LeonDurham says

Well no kidding.

Of course taxes will be higher if you're no longer paying $25K+ to insurance companies, hospitals, Drs. offices, etc.

Not to mention that those other countries offer far more services paid by tax dollars that we have to pay separately for here.

Keep in mind most employees have insurance paid for by the employer. We are clearly better off in the USA. All our other costs like housing, food and transportation are much lower than Europe.

Strategist says

Keep in mind most employees have insurance paid for by the employer. We are clearly better off in the USA. All our other costs like housing, food and transportation are much lower than Europe.

No, the company sends the check, but it's your money that is being paid.

LeonDurham says

Of course taxes will be higher if you're no longer paying $25K+ to insurance companies, hospitals, Drs. offices, etc.

Except it's not $25k. $5,000 for your health insurance for an average family insured through an employer plus $1,000-$4,000 additional out-of-pocket.

"Workers now pay an average of $1,318 out of pocket before health insurance coverage begins to cover part of their bills, up from $584 a decade ago, according to a new report out from the Kaiser Family Foundation. That’s after paying an average of $89 each month for health insurance premiums." http://time.com/money/4044394/average-health-deductible-premium/

Another way to look at it:

Current average costs for an average family insured by employer:

$5,000 employee contribution for plan plus $1,318 out-of-pocket. You are suggesting that it become the equivalent of $25,000 under socialized medicine is not a great argument for adoption.

LeonDurham says

Strategist says

Keep in mind most employees have insurance paid for by the employer. We are clearly better off in the USA. All our other costs like housing, food and transportation are much lower than Europe.

No, the company sends the check, but it's your money that is being paid.

The stats are based on average earnings. Benefits not deducted from average earnings.