Friday, February 27, 2015
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

Health care will bankrupt us all

Web_OurView_YourView

By
From page A8 | April 13, 2014 |

After watching the unfolding of “Obamacare” the past seven months, a number of things became clear.

First, it’s not what was advertised; second, the costs, relative to a given income, are astronomically high; third, it is inferior to the rest of the industrialized nations of the world for most people; fourth, we still have many uninsured people; and last, with the baby boomers beginning to hit the Medicare system, much of the populace is basically doomed to a lower standard of living due to high health care costs, tax burdens and/or growing overall debt.

Overstated, you say? Well, after checking out some household income facts and using the lowest health costs on the exchange, I learned the following.

Average household income is around $45,000 a year. A household of four with a $75,000-a-year income can expect to pay $12,000 for insurance (subsidized), $2,200 in Medicare and $5,000 in Social Security. All in after-tax dollars, leaving only about $56,000 left not counting federal or state income tax. Make $100,000 and feel good? Expect $19,000 in health care (no subsidization), $7,000 Social Security and $2,900 Medicare, with $71,000 left, not counting federal or state tax. Which says, after paying taxes, there is not much difference between the two.

Bottom line, 90 percent of the general public is destined to fork out 20 to 25 percent of after-tax income for health care. Nobody in the world does that, based on my research. Our health system is so broken it’s almost unfathomable. Doubt me? Ask your doctor the next time you seem him or her. It can be fixed but with our current crop of stupid, gutless, narcissistic, uncompromising, rudderless (and worse) group of Republican and Democrat politicians, I hold out little hope.

In my opinion, the physicians of the country need to unite and force Washington to develop a well-thought-out, realistic, cost-effective way to deliver medical care to everyone.

Japan, England, Germany, Australia, New Zealand, South Korea, France, Austria and countless others have done it. Why can’t the United States?

Michael Goring

Fairfield

Letter to the Editor

LEAVE A COMMENT

Discussion | 9 comments

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  • 2realApril 13, 2014 - 7:58 am

    Its going to bankrupt us all? I thought thats what obamacare was for...? SIKE!

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  • CD BrooksApril 13, 2014 - 9:07 am

    First, I do not have a problem with the ACA. But what is the most important medical plan in my opinion? I believe we should have the best health care on the planet. It should be available for anyone to walk in off the street anywhere with the best physicians and nurses staffed 24/7. I don't care what the ailment is there should be somebody to address it. Finally, it should cost us zero! With what we pay in taxes (another issue needing to be dealt with), our constantly sending money to other countries and paying out unnecessary benefits to "phantom" or illegal receivers, there should be more money than anyone knows what to do with. How else should we react to $billions of our own dollars being drained from our own economy while we have any number of folks hurting on so many levels? I DO agree that doctors and politicians need to come together and compromise in any fashion necessary to make it a better system. The entire process is off the hook, it needs fixing yesterday.

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  • Here's the truth!April 13, 2014 - 9:58 am

    This is the biggest truth in the Obamacare debacle! Our Government on any level can't fix anything..they make the problem worse and just cost hard working consumers more money. Obamacare is the perfect example of a failed big Government.

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  • mike kirchubelApril 13, 2014 - 11:43 am

    Can you say, "single payer?"

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  • NO NO NO you can not say single payer...April 13, 2014 - 12:20 pm

    Until we stop participating in all the wars, overt and covert and not until we get rid of the Fed and have our own treasury issue the money, not until we have Public Banking, not until we figure out what to do about oil imports, not until we start manufacturing our own consumer goods...the Bible does say that you have to work to earn your keep... So I just do not see how Big Government can do this without breaking down those that do work.... You can not give away things without paying for them. Please explain How single payer would be paid for? Like Social Security taxes were suppose to be set aside, but they were not really and now that jobs have gone overseas there are not enough workers to support those that have reached the retirement age.... How would we support a single payer system?

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  • http://www.globalresearch.ca/the-global-banking-game-is-rigged-and-the-fdic-is-suing/5377703April 13, 2014 - 12:31 pm

    Google The Global Banking Game Is Rigged, and the FDIC Is Suing By Ellen Brown Global Research, April 13, 2014 Web of Debt.......... Ellen Brown, my favorite Spider Person ( A Good Guy, fighting the Web of Debt, get it? ).... Taxpayers are paying billions of dollars for a swindle pulled off by the world’s biggest banks, using a form of derivative called interest-rate swaps; and the Federal Deposit Insurance Corporation has now joined a chorus of litigants suing over it. According to an SEIU report:.............. Derivatives . . . have turned into a windfall for banks and a nightmare for taxpayers. . . . While banks are still collecting fixed rates of 3 to 6 percent, they are now regularly paying public entities as little as a tenth of one percent on the outstanding bonds, with rates expected to remain low in the future. Over the life of the deals, banks are now projected to collect billions more than they pay state and local governments – an outcome which amounts to a second bailout for banks, this one paid directly out of state and local budgets........................ Please Educate yourselves people read the entire piece... Thanks .... So Michael Have you read Web of Debt and The Public Bank Solution ?

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  • Elmer Hall, FairfieldApril 13, 2014 - 1:06 pm

    Michael Goring in his letter to the editor on Sunday, April 13, 2014 stated in his bottom line the Republicans point of view. The Democrats point of view is that 100% of the people should be given health care. No one should have to declare bankruptcy or go without health care becauase they cannot afford it. Elimination of denying health care for pre-existing conditions is a big step in that direction. Subsidizing health care cost for the poor is another step. The Republicans believe in government of the people, by the people, for big business. The Democrats believe in government of the people, by the people, for the people.

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  • Salty DogApril 13, 2014 - 1:52 pm

    So Elmer who would pay for that the people that are working in the form of higher taxes i guess that is ok with you.

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  • patrickApril 13, 2014 - 2:20 pm

    WELL ELMER have you ever known anyone collecting welfare---food stamps---with section 8 housing filing for bankruptcy? I think not---- are you not aware of working people who have lost their homes? doing their best too hold onto them. It starts at the top----the very very top

    Reply | Report abusive comment
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