12

Obamacare program costs $50,000 for every American who gets health insurance | Daily Mail Online

Posted by XenokRoy 10 years, 3 months ago to Economics
72 comments | Share | Flag

Well, my business spends about 15,500 on healthcare insurance per employee. It is a lot better than what Obamacare offers.

Business idea. Let Government pay me 40k per person (20% discount for them) then I can buy health insurance for the masses at 15k per person. 25k profit per person insured. I would have to hire a claims person and a couple of support guys to take calls and direct people to the right links and pages on the insurers sites, but I would need like 8 people to get it to completely pay for that. $200k for about 3 workers would be plenty. I could have them work from home.

2 million people times $25k - 200k = a depressing amount of waste in government.


All Comments


Previous comments...   You are currently on page 3.
  • Posted by Mamaemma 10 years, 3 months ago in reply to this comment.
    Herb, I have an opening for a dental assistant, which is essentially 6 months training at most. I can even take a high school graduate and train her myself. Well, I just got my first resume from someone interested in the job, and this is a person with a masters degree in Business Administration. Talk about overqualified. Honestly, I find it heartbreaking
    Reply | Permalink  
  • Posted by Herb7734 10 years, 3 months ago in reply to this comment.
    I have two brilliant grandchildren. (Not just my opinion.) Upon graduation they had to take jobs way below their abilities. What a waste.
    Reply | Permalink  
  • Posted by johnpe1 10 years, 3 months ago
    there was a fox report today which revealed that
    87 percent of those who have signed up on ocare
    are receiving subsidies. . figures. -- j

    Reply | Permalink  
  • Posted by khalling 10 years, 3 months ago in reply to this comment.
    Your ignorance in matters such as this (and YOU an entreprenuer!) Is part of why people are so hurting right now. It 's on you. Own it.
    Reply | Permalink  
  • Posted by LetsShrug 10 years, 3 months ago in reply to this comment.
    Oh my god cg!!! I could cry. Our premium has DOUBLED in the last 18 months for LESS coverages. My son's type 1 diabetes meds are another whopper of costs. I don't want, nor should I be forced, to pay for other people's healthcare!!! Oh and we can't even opt out and just pay cash, which would probably be cheaper at this point, Heck we could get his meds in Mexico for a fraction! How dare you say "it's cheap" and "a tiny part", it is NOT, and even if it were it's still STEALING!! You and people like you are what's wrong with everything in this country. You actually believe socialism is freedom. So I assume since its such a small amount that surely you will pay ten times that amount just to do your fair share. Right? Seriously, you make me sick with these kinds of comments.
    Reply | Permalink  
  • Posted by CircuitGuy 10 years, 3 months ago
    The numbers don't sound that bad: 1350 billion over ten years = 135 billion per year. Assume there are 135 million people who are poor enough to be eligible for a subsidy to buy "insurance" that covers perils that have already happened. That's $1,000 per person in subsidy. It supposedly (we'll see) solves the problem of the poor waiting until their medical problems become severe and then getting "free" treatment paid for by people who use that hospital outside a network with negotiated rates.

    I agree with NealS's comment that gov't should only be 10% of GDP. If we did that, it would be hard but not impossible to fund thinks like ACA. I would be okay with no ACA if it were part of a deal to cut gov't to 10% of GDP. But as it is, the numbers sound cheap, a very tiny part of my taxes to provide basic medical care to the poor.
    Reply | Permalink  
  • Posted by NealS 10 years, 3 months ago in reply to this comment.
    I can feel your pain. I (fortunately for me) sold my business of the prior 20 years in 2007 just soon after he took office. It was thriving, but soon went under in just over two years, partly from the new owners new ideas and lack of service but mostly caused by the rhetoric of this new administration. I contend that the rhetoric caused more nightmares for small business than most other factors. It scared people from spending their money on non necessities. I too felt business taxes were out of control. It seems the State and the Feds always got their share even if I came up a bit short for myself. It reminded me of 1773 or so when the Crown collected taxes from the people that they drove out of business. The people didn't have the money, the Crown didn't care. I am not implying that I was around back then, but I dream (actually have nightmares) about it occasionally. It is getting to be so much the same today as it was back then. We're at a point we need to decide if we're willing to stand up and fight to put a stop to it.

    Think about it, can anyone believe that a government needs 20% of everything in order to effectively control us? Should they even need 10% to control us? That's one controller of some sort for every 10 people. I'm in the check out column, so it really doesn't matter to me, but I really do worry about my children and grandchildren. What language might they have to speak in the future?
    Reply | Permalink  
  • Posted by $ jdg 10 years, 3 months ago in reply to this comment.
    Government is plenty "efficient" if you define efficiency in terms of accomplishing the real purpose of the program (to employ 'crats and generate kickbacks to the politicians that enacted it).
    Reply | Permalink  
  • Posted by $ jdg 10 years, 3 months ago in reply to this comment.
    Precisely. History tells us the majority never support a revolution unless they are starving. Otherwise they still have too much to lose.
    Reply | Permalink  
  • Posted by $ jlc 10 years, 3 months ago
    This article is confusing. Though I am a person who has to take her shoes off to count over 10, I am thinking that I would like to see another analysis of the Committee's findings. For example, the article seems to mostly be written in the future tense, and be talking about what will happen in 2025. When an article does that, it is disingenuous.

    What I would like to know is what it is costing right now. Then I would like to know what it will cost next year, five years from now...and then finally, what it will cost in 2025. There should be uncertainty bars at each data point - for instance the medical device tax will alter the figures.

    So, while I agree with the sentiments, I am not so trusting of what the article portrays.

    Jan
    Reply | Permalink  
  • Posted by Temlakos 10 years, 3 months ago
    Never mind where the money goes. It's an inefficient program. Because it's a government program. Government has no incentive to do things efficiently.
    Reply | Permalink  
  • Posted by Herb7734 10 years, 3 months ago
    When I closed my retail business in '89, I thought my taxes and fringe benefits were too high Even with 25 years of inflation, current costs are beyond anything I could have imagined then. Why anyone in today's market, who wasn't a millionaire/billionaire would risk it all to go into business, is beyond me. The high risk, small return, and long hours show that it is likely the only one getting a good deal is the local, state, and federal governments. The glorious dream of being your own boss seems more like a nightmare than a dream.
    Reply | Permalink  
  • Posted by $ allosaur 10 years, 3 months ago in reply to this comment.
    There's something I like to do when I see that Wicked Witch of the West on TV. I imitate her antics with my own hands and arms.
    Once the donation-seeking Demorat Party made the mistake of sending me a questionnaire about how "Leader Pelosi" should do stuff.
    I advised that "Leader Pelosi" should look out for falling houses and little girls with buckets of water. At least I did not have to use my own stamp to send it back.
    Reply | Permalink  
  • Comment hidden due to member score or comment score too low. View Comment
  • Posted by radical 10 years, 3 months ago in reply to this comment.
    Too many people don't want to "rise up" because it would mean a drastic alteration in their lifestyle. Freedo isn't free.
    Reply | Permalink  
  • Posted by sumitch 10 years, 3 months ago in reply to this comment.
    I'm 72 and can say the same. The whole scam was done by Democrats who locked out any other party. So madamn Pelosi stands up there waving her arms around like some deranged, psychotic scarecrow making statements like that. I'm beginning to think that there should be an amendment barring any California politician from holding office outside of La La land.
    Reply | Permalink  
  • Posted by $ allosaur 10 years, 3 months ago
    "The Affordable Health Care Act"--even the name of this beast is a lie.
    "Obamacare" is much better. Who is the 2013 Lie Of The Year Winner and what did that lie(s) pertain to?
    My primary health care provider can't wait for the stupid idiotic bureaucrat mess to be repealed.
    "Let's pass this bill so we can see what is in it" is the most insane statement I have ever heard a politician state in the 67 years of my life.
    Reply | Permalink  
  • Posted by $ blarman 10 years, 3 months ago in reply to this comment.
    Of course, because you have government union workers running things and kickbacks to PAC's from even the private companies who "contract" to do the work. It's a cycle: politicians impose taxes on civilians, give the tax money to political cronies, political cronies then donate that money back to the politicians. And then the politicians claim they need more taxes.
    Reply | Permalink  
  • Posted by term2 10 years, 3 months ago
    I bet of this $50,000, only a fraction of it actually goes to medical care for the recipients. I bet a LOT goes to program administration, which the government is so efficient at..... All I know is that what used to cost me $156 a month for $1000 deductible and $3000 max out of pocket, now costs me $289 a month for $6000 deductible. I am so DONE with government taking over things. People should rise up at the crazy lack of efficiency of the government and just get them out of the things they are bad at (like most all commercial offerings).
    Reply | Permalink  
  • Posted by $ Thoritsu 10 years, 3 months ago
    Perfect example of how a government program is woefully inefficient compared to a private program. XenoRoy's plan would net him a fabulous revenue and profit! The republicans (or better yet the libertarians) should propose such a modification!
    Reply | Permalink  
  • Posted by $ jbrenner 10 years, 3 months ago
    And Obama is smiling in the accompanying photo because he is getting a nice cut of that $50 K per Obamacare enrollee. Graft City!
    Reply | Permalink  

  • Comment hidden. Undo