Thursday, October 29, 2009

'Public option' off limits to 90% of public

Source: SFGate.com

Lost amid the ideological battle for or against a public option is a key overlooked fact: The vast majority of Americans would have no access to a public option even under its most expansive versions.

House and Senate bills limit the option to the smallest businesses and to individuals who cannot get insurance, or whose health care costs exceed 12.5 percent of their income. Even seven years into an overhaul, an estimated 90 percent of Americans, including nearly everyone who has employer-based coverage now, would be shut out of a public option.

He (Wyden) pointed to another surprise that awaits the public: Even those who would have access to a public option may not be able to afford it.

Citing estimates that a family of four earning $66,000 could pay an estimated 19 percent of its income on health care under some bill versions, Wyden said, "I can tell you, Americans are not going to consider 19 percent of their income affordable coverage."


Its pretty clear why the insurance companies are backing this bill so vehemently. It takes the highest risk cases right off their books because now they have a "public option" available to them. How convenient for them to only have to cover the healthiest people in the country while the rest of us will have to pay a fortune for a government backed insurance plan.

Yet again, America, your elected officials are pulling a huge scam over on you and you dont even realize it. What we need is Single Payor "EVERYBODY IN NOBODY OUT".

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