Sunday, September 20, 2009

There aren't 50 million uninsured Americans

Liebaugh says, "there aren't 50 million uninsured Americans."

According to Rush, there are very few uninsured Americans. If I agree, and go farther, and say there are NO uninsured Americans, how much longer can we afford to pay the for-profit thugs who are skimming 20-30% off the top of every dollar we spend for health care.

Employer and Employee Health Insurance Costs:

Over the last decade, employer-sponsored health insurance premiums have increased 119 percent.

Employees have seen their share of job-based coverage increase at nearly the same rate during this period jumping from $1,543 to $3,354

The cumulative increase in employer-sponsored health insurance premiums have raised at four times the rate of inflation and wage increases during last decade. This increase has made it much more difficult for businesses to continue to provide coverage to their employees and for those workers to afford coverage themselves.

The average employer-sponsored premium for a family of four costs close to $13,000 a year, and the employee foots about 30 percent of this cost. Health insurance costs are the fastest growing expense for employers. Employer health insurance costs overtook profits in 2008, and the gap grows steadily.

Total health insurance costs for employers could reach nearly $850 billion by 2019. Individual and family spending will jump considerably from $326 billion in 2009 to $550 billion in 2019.

The Congressional Budget Office has estimated that job-based health insurance could increase 100 percent over the next decade.7 Employer-based family insurance costs for a family of four will reach nearly $25,000 per year by 2018 absent health care reform.

http://www.nchc.org/facts/cost.shtml

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