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How is Obama's proposed health care reform going to be funded? Who has to pay for everyone else's insurance?

Is it me, the over-worked, underappreciated and very underpaid health care worker? Or will it be my husband's small business that will probably have to lay people off if he is FORCED to offer health insurance to a group of people who are not interested in it and would rather just keep their jobs and their co-workers jobs. Just how does BO think he's going to finance this?

Update:

Kenneth B: Yes, all Americans need care. But some types of care should be a privledge, not a right !

Update 2:

Well, what's your definition of rich? I work in health care and hardly make $35,000 a year, as does my husband, so together we make $70,000 a year. $900 a month mortgage

$500 a month for student loans

$300 car payments

$350 a month for MY health insurance

and many, many other "living" bills.

I wouldn't say I'm rich....but somebody looking for a hand out would say tax the be-jesus out of me so they can sit around producing kids they don't want, having their apartment paid for w/ section 8, eating junk food their foodstamps I paid for bought.

Update 3:

I AM NOT SELFISH BECAUSE I WANT TO SPEND MY HARD-EARNED MONEY ON MY FAMILY AND NOT SOME DRUG-SEEKING, LOW LIFE- SCAMMER !!!!

Update 4:

delina_M: I HAVE NEVER used any form of public assistance in my life. I don''t qualify for anything - I'm middle class AND white. Those are not good things to be if you need help ! You don't pay for any assistance of mine whatsoever because I've NEVER used assistance and when my husband was unemployed a few years ago we needed it but we were told NO.

16 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    People have to take stand at some point and tell the gov't that enough is enough! I will NOT be complying with the individual mandate, and I will NOT be paying fines. I encourage all of you who believe that this is an affront to your rights to do the same.

    Sometimes you have to draw a line in the sand and stand on your principles, even if you take your lumps for it. Otherwise, your nothing more than sheep. Boy, what a powerful message that would send to washington, if everyone who was against this simply refused to comply. They would think twice before sitting up there and taking our rights for granted!

  • Dr. WD
    Lv 5
    1 decade ago

    Obama didn't propose the health care reform bills. Three plans are being proposed in the House, and two in the Senate. So there is no one plan that you can refer to as "the" plan. One of the main ideas is to do something like what Ronald Reagan did, which is to roll back tax cuts. The only difference is, that Ronald Reagan increased taxes on the middle class, like you, and Obama wants to roll back the tax cuts Bush and the GOP made on the wealthiest one percent of Americans. If you already have health insurance, you can keep it. The government's plan is optional and would be very much like the plan offered members of Congress.

  • Anonymous
    1 decade ago

    Sad Today:

    I apologize for this, I do not mean to offend, but you are really misguided on this subject.

    First, no one knows how it is going to be funded. There are currently five different house and senate sub-committees working on a health care plan right now. The various house sub-committees are going to fight and come up with a plan, then if it gets a vote and passes, it goes to the senate, where it will most likely get changed again, at which point it will go back to the house for further revision. Thus, no one, especially no one on Y!Answers, can tell you how it will be funded, nor who supports it, because no single solid plan is out there, just drafts.

    You have no idea how it will affect your business, none. You have no idea how much you will be taxed, if any at all. You have no idea whether the plan may 'actually lower' your health care costs, you have no clue because no one has any clue. The details are being worked out.

    To say that all this woe and misfortune will befall you because of this health care plan is simply speculation. You have no idea how this plan will help you, or even how it will affect you indirectly through lower health care costs and a reduced national deficit.

    That being said, there are serious problems with your logic. You scream in your question that you don't want to pay for "some drug-dealing low life scammer" What you don't understand is that if we as a society do nothing with that drug-dealing low life scammer, our entire society suffers more as a whole. Thus, it makes more sense to rehabilitate that low-life, than to simply ignore him/her and let them die. Furthermore, it is the more ethical thing to do. (I hope you believe in morals and in christian teachings. If you did, then the answer of whether or not to help would be plain and simple).

    Another thing you fail to realize is the truth of what makes our American society work is that we all contribute, in the form of taxes, to the various projects that we collectively benefit from. This includes such things as roads, bridges, police, fire, emergency aid, schools, and courts. Although you may not personally use these things at any given time, you will benefit from them. It is called an externality. See definition below. Things like schools, police, and even health care are positive externalities.

    http://economics.about.com/cs/economicsglossary/g/...

    Next, Keep in mind that there are even things that our taxes contribute to that go directly into the pockets of the very wealthy and the very poor. Welfare is one example of tax money that goes to the very poor. Subsidies is one example of tax money that goes to the very rich. We fund these programs because they are in the best interest of the whole. (once again, positive externalities) If we didn't help the poor through welfare, the entire state would suffer. If we didn't subsidize the farming industry, cotton industry, pharmaceutical industry and energy industry, we couldn't compete with the rest of the world in a true capitalistic sense and we would lose thousands of jobs.

    Now you ask why we have to have tax dollars pay for other people's health care. The answer is complex, but it is because it will provide an overall benefit to society, that is something that all people of all political parties agree on. We all know that health care costs are spiraling out of control. We all know that the government must be involved in some way, and we all know that health insurance companies are admittedly practicing immoral behavior. See: "health care rescission", or "patient dumping" in a Google search. We also know that health insurance companies are using their oligopoly status to drive up prices through collaboration, affecting the budgets for medicare and increasing the number of bankruptcies in America. All of these things are negative externalities on society, and is the reason why we need health care reform. The hard truth is that health care is not a monopolistically competitive market, it is an oligopoly.

    If it were a monopolistic competition, I would be all for private health care, because companies would compete. However, health care insurance is an oligopoly, and they conspire to drive costs up.

    The question you should ask yourself is the type of reform you feel is best....

    Do you,

    A) keep the existing plan in place and impose stricter measures against health care companies. History would tell you that if you choose this, the health insurance companies would simply conspire to drive costs higher.

    B) Create a government plan that runs parallel to the private plan. History tells us that this would increase competition and serve to drive costs down, however, taxes may go up.

    C) Scrap medicare, medicaid, and private insurance to make a single payer system. History tells us that this is working in other industrialized countries, but there may be some red tape to sort through in the short run.

    So there you have it, the best

  • 1 decade ago

    It's going to be me

    Who do you think pays for medicaid and medicare now?

    And do we participate in any of these programs? Likely no.

    If you make less than 40K a year most likely someone else is already subisdizing you for much of what you need and make use of such as roads, ports, post, libraries, fire dept, police, sewage, etc.

    How much do you pay in taxes a year? if you have kids that probably doesn't even cover their public school which amounts to about $10,000.00 a year per kid.

    We make $100,000.00 a year and I'm tired of subsidizing YOU! how'd you like that?

    But I do it, I'm actually not tired, I'm glad because I know I'm helping making life better for all of my fellow citizens and my country as a whole not just me me me.

    We need this reform because even with medicare and medicaid 46 MILLION people are left out. Among others that are left out is you and me that's why we have private. Because the public services we pay for do not cover us.

    It means you are paying for services that you do not have a right to use until you are either completely broke or too old. The public plan will give you a chance to get out of your private one if you so wish and move into a more affordable one.You do not have to worry about your taxes going up at all not with what you make. I don't even have that worry.

    People don't seem to get that with whatever amount they pay in taxes each year it doesn't cover all of what they make use of. We all pay in, we all get something. You contribute to pay for other people's (according to your means, which by your own account arent much) because other people, like me who make about 3 times more than the average, contribute to pay for you also. And other people who make many, many times more than me also contribute.

    PEOPLE ARE ALREADY SUBSIDIZING YOU.

    You don't pay enough in taxes to cover for what you and your family use, don't you get it?

    How much do you think it takes to run this country lady?

    Have you ever used the post office, driven or walked on a public road, called police, gone to a public park, gone to school, flushed the toilet, drank tap water, visited a library, used an airport, used a port, gone to a museum, turned the light on (the grid infrastructure was paid for with public funds) read the ingredients on a label, bought food, bought medicine ,forget the FDA? who do you think makes sure your food and medicine are safe?are your savings safe in the bank because of the FDIC? who do you think pays for all that.

    Do you support the war, who do you think pays for the military?

    Can your meager taxes alone really cover all that you use and have used over the years and will continue to use?

    Are you really THAT ignorant????

    Anyways all of us as acountry can't even afford all this. Next time you think you are NOT being subsidized you may want to say

    Xie xie

    That's thank you in Chinese. That's who is paying for Americans lifestyle.

    http://www.youtube.com/watch?v=4n3g5lUgkWk

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  • ?
    Lv 4
    5 years ago

    It shouldn't, besides the undeniable fact that it extremely is going to. some human beings nonetheless do no longer understand "how" many techniques Obama can fulfill his promise to "redistribute" the wealth of this u . s . a . to those who "in no way" earned it. The fulfillment of a socialist ideology.

  • ?
    Lv 7
    1 decade ago

    We all may help pay for it. That is fine by me. Everyone needs health care. Stop being so selfish.

  • Anonymous
    1 decade ago

    By taxing the rich, what a surprise.

  • 1 decade ago

    That is one of the questions Obama hasn't answered yet.

    Someone will have to pay, won't they? We know that much.

    I just bet it falls on taxpayers, folks.

  • Anonymous
    1 decade ago

    Tax hike = revenue

    No tax = no revenue

    Your choice

  • 1 decade ago

    He's going to fund it by eliminating the middle class...

    The rich will get richer, and the poor will get poorer. Soon, everyone will be 100% reliant on the government and/or the super rich. He's plotting his game pieces right now.

    Let's hope and pray this catastrophe does not go through.

    Oh come on, people! Is there a more logical explanation? You're all going to be kicking yourselves in a few years if this goes through and you realize you were just a pawn in his hands!

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