So what do we do about National Health Care?

My last discussion probably left many shaking their heads saying Larry doesn't know what he's talking about. That was intentional. I recognize that there are 76 million people covered by MEDICAID and 50 Million covered by MEDICARE, not counting all the folks covered by Federal State and Local Government Health Insurance, all by the way underfunded, or those whose employer pays for their health care.

The point was to show what Obama Care says it cost to provide care to the healthiest group of people in the country. Families making over 150% of the poverty level. The 76 million on MEDICAID pay nothing, and those working and paying payroll taxes only pay 1.45% toward future care.

As I showed the actual cost of insurance is approximately 35%  of the gross income for a family of four in their early thirties. For the same age group making $94,200.00  their cost is only 13% of their gross income. As they age and reach late middle age, their mid fifties, and have two college age children the cost raises dramatically, especially for the lower middle class. Insurance cost rise to 61% of their gross income.

Remember, working families pay 1.45% to cover future MEDICARE costs. If the average family works from age 22 to age 66 they will pay a total of $20,480.00 into the plan. If we assume the cost of coverage for MEDICARE is the same as for a 65 year old man under Obama Care. The cost of MEDICARE per year would be $10,368.00. The money paid in by the family would cover the Health Care cost of one of the two retirees for two years. No wonder they project MEDICARE will be totally broke before 2020.

In order for MEDICARE to be self sufficient the rate would need to be raised to 10% on all income at all income levels.  A 10 fold increase in MEDICARE tax rate. This not going to happen.

What therefore is the point of this: We, as a Nation, can't  afford Obama Care in its present form and MEDICARE needs a complete overall. No matter what we do the out of pocket expense for health care
must go up sufficiently to maintain a basic level of care for everyone. Regardless of all the rhetoric some amount of rationing of care is inevitable, unless we can find a way to attract ten's of thousands people to spend 12 plus years of education. Only to become the lowest paid of medical doctors.