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OpEdNews Op Eds    H2'ed 11/18/09

Universal Single-Payer Healthcare Coverage: An Economic Stimulus Plan

By Stephen Lendman  Posted by Stephen Lendman (about the submitter)       (Page 13 of 19 pages) Become a premium member to see this article and all articles as one long page.   3 comments

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The National Organization for Women said the "Bill Obliterates Women's Fundamental Right to Choose" that became law in the landmark 1973 Roe v. Wade decision, and is still the law of the land. The Court held that a woman may abort her pregnancy for any reason, up to when "the fetus becomes viable."


HR 3962 violates that right. Except in cases of rape, incest, or if a woman faces death, the Stupak (D. MI) amendment prohibits using federal money for insurance covering abortion. It prevents women participating in insurance exchanges from using their own money to buy abortion coverage. It denies low-income women access to it entirely.


According to the Congressional Budget Office (CBO), it:


-- will cost $1.055 trillion over the next decade, netting out at $894 billion after revenue enhancements;


-- mandates coverage and penalizes those without it up to 2.5% of their income;


-- insurance for individuals earning $44,000 pre-tax will be $5,300, plus another $2,000 in out-of-pocket expenses for an annual $7,300 total, or 17% of their annual income; families earning $102,000 pre-tax will pay $15,000 in premiums plus another $5,300 in out-of-pocket costs for a total annual $20,300 cost, or 20% of their annual income; those earning below these amounts will be eligible for subsidies, based on a sliding scale, paid directly to insurers;


-- includes a watered-down public option by setting up insurance exchanges through which low income households are subsidized to make coverage more affordable; the plan is so weak, only an estimated 6 million or fewer will qualify; Physicians for a National Health Program (PNHP) lists myths and facts about it below;


-- expands eligibility for Medicaid;


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VISIT MY WEBSITE: stephenlendman.org (Home - Stephen Lendman). Contact at lendmanstephen@sbcglobal.net.  My two Wall Street books are timely reading: "How Wall Street Fleeces America: Privatized Banking, Government (more...)
 

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