Jingle Bells, jingle bells, jingle bell rock. The Senate is hot, they know to say not, giveaway, giveaway lobbyists galore, buyouts and paybacks, we know the score...
There are many reports tallying the winners and losers on health care. Of course it's a given that the American people will lose...
The consensus seems to be big pharma won big as did insurance companies.
Firedoglake (they are not always on top of their economics, trust me!) gives 10 reasons to kill the Senate bill, which I find rather scary.
- Forces you to pay up to 8% of your income to private insurance corporations — whether you want to or not.
- If you refuse to buy the insurance, you’ll have to pay penalties of up to 2% of your annual income to the IRS.
- Many will be forced to buy poor-quality insurance they can’t afford to use, with $11,900 in annual out-of-pocket expenses over and above their annual premiums.
- Massive restriction on a woman’s right to choose, designed to trigger a challenge to Roe v. Wade in the Supreme Court.
- Paid for by taxes on the middle class insurance plan you have right now through your employer, causing them to cut back benefits and increase co-pays.
- Many of the taxes to pay for the bill start now, but most Americans won’t see any benefits — like an end to discrimination against those with preexisting conditions — until 2014 when the program begins.
- Allows insurance companies to charge people who are older 300% more than others.
- Grants monopolies to drug companies that will keep generic versions of expensive biotech drugs from ever coming to market.
- No re-importation of prescription drugs, which would save consumers $100 billion over 10 years.
- The cost of medical care will continue to rise, and insurance premiums for a family of four will rise an average of $1,000 a year — meaning in 10 years, your family’s insurance premium will be $10,000 more annually than it is right now.
The post has references on each enumerated claim. So instead of a tax hike by the government, it looks like we'll just hand over our paychecks to the insurance companies. Nice huh?
Want a really good way to track just how much the Health Care Reform bill is not in the public's best interest but is in the for profit health sector's?
- Coventry Health Care, Inc. ↑31.6%
- CIGNA Corp. ↑29.1%
- Aetna Inc. ↑27.1%
- WellPoint, Inc. ↑26.6%
- UnitedHealth Group Inc. ↑20.5%
- Humana Inc. ↑13.6%