(CNSNews.com) – Forget the public option. Even without it, the health care bill presented in the Senate by Majority Leader Harry Reid (D.-Nev.) would make some middle-class American families pay what amounts to a $15,200 annual federally-mandated insurance fee, according to facts revealed in analyses published by the Congressional Budget Office.
CBO’s letter to Sens. Bayh and Reid, page 6:
Average premiums per policy in the nongroup market in 2016 would be roughly $5,800 for single policies and $15,200 for family policies under the proposal, compared with roughly $5,500 for single policies and $13,100 for family
under current law.4 The weighted average of the differences in those amounts equals the change of 10 percent to 13 percent in the average premium per
summarized above, but the percentage increase in the average premium per
for family policies is larger and that for single policies is smaller because
average number of people covered per family policy is estimated to increase under the proposal. The effects on the premiums paid by some individuals
families could vary significantly from the average effects on premiums.
OK, tell me then…what do this tell you? I’d like to know what you think this means, since I haven’t made up my mind.
By: Mack on December 16, 2009
at 12:02 am
What does this tell you.
By: Mack on December 16, 2009
at 12:03 am
According to this plan, certain families will be subsidized for the cost of health insurance and other will not. Those families that are 400% above the poverty level will not be subsidized.
The expected cost of this premium will around $15K for non-subsidized families. Under this plan, these families will be legally required to purchase health insurance, lest they face IRS penalties.
By: C. S. Burks, Esq. on December 16, 2009
at 3:29 am
Did you read the entire letter? I’m curious how you came to extract just that figure? Even if we go with your assertion, the increase is pretty minimal, is it not? The figures listed as applicable under current law aren’t significantly lower.
By: Mack on December 17, 2009
at 2:44 pm