@cicerone imposter,
This is from today's AP report on the health plan that was approved today:
Quote:It also provides more generous subsidies, on average, according to calculations by the Congressional Budget Office. The agency says the approximate average subsidy in 2019 under the House will would be $6,800 a year; for the Senate bill, it is $5,600. Those differences reflect one of the biggest contrasts between the two bills " the $574 billion the House bill provides for subsidies over a decade, as opposed to $336 billion under the Senate measure.
What I find curious about these numbers is the simple fact that these numbers ignore the sure-to-come inflation in our economy - as our economy improves. It doesn't factor in what the "real" cost will be to employers and private insurance buyers.
It's just simply impossible to project what will happen in ten years to cost or our economy.
At $6,800 for the 31-million who do not have insurance now, it will cost $210.8 billion dollars per year. How much of this is going to be paid for by the wealthy earning $500,000 single or $1,000,000 couple? How many make this much every year, and what will their tax rates be?