Friday, September 03, 2004
So much for his plan to cut the budget deficit.
hat's how much it would cost us taxpayers to directly pay the cost of just the uninsured's coverage, which is what al-Qerry wants them all to have. According to the latest estimates from our Census Bureau
(link via FactCheck.org
, via Sir George
), there are 43.6 million uninsured persons in this county. FactCheck.org also reports that the annual cost of insuring an employed individual is $3,383 for single coverage and $9,068 for family coverage (or, given roughly 2.5 persons per family, the cost of insuring each family member is about the same as single coverage). Multiplying these two figures yields:
- $3,383 x 43,600,000 = $147,498,800,000.
Curiously, spending nearly $150 billion every year on this new Qerry Entitlement is not accounted for in Senator No-Show's plan. If he wants to try to lower that $3,383 amount (which was made that high thanks to his hairmate and other greedy trial lawyers' courtroom antics), he'll have to get Congress to impose communistic price controls on health insurance companies. In the very unlikely event that ever happens, most of those companies would find they can't afford to stay in business and would go bankrupt. Then we'd have a health-insurance bankruptcy crisis on our hands, with many, many people in that industry out of work and on welfare. Then we'd have a burgeoning welfare-rolls crisis, then a lack-of-enough-taxpayers one, etc. More people would wind up uninsured, less companies would be around to insure them, and the Qerry Entitlement would impose an even greater burden on us taxpayers.
The government-bureaucracy based solution al-Qerry proposes to reduce the number of uninsured will never be anywhere near as effective as the private-sector based one that our president has been trying to get Daschle, Qerry, Qennedy, et al. to stop obstructing in the Congress. Fortunately, once the number of these co-obstructionists there are reduced after the election, President Bush will be able to implement a plan that will prove far more helpful and sustainable in addressing the needs of the uninsured.
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