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Wednesday, March, 24, 2010

Health Care Reform

Filed under: news, politics — mete23 @ 7:27 am

I am reading the front page of the N.Y. Times this morning and I just want to highlight some things in it.

A big chunk of the money to pay for the bill comes from lifting payroll taxes on households making more than $250,000.

Another major piece of financing would cut Medicare subsidies for private insurers, ultimately affecting their executives and shareholders.

The benefits, meanwhile, flow mostly to households making less than four times the poverty level — $88,200 for a family of four people. Those without insurance in this group will become eligible to receive subsidies or to join Medicaid. (Many of the poor are already covered by Medicaid.) Insurance costs are also likely to drop for higher-income workers at small companies.

Via In Health Care Bill, Obama Attacks Wealth Inequality (Bold added)

Also, college students/peer age people can be medically covered under our parents/guardians’ insurance until we are 26 instead of 23.

Do I think this is the end-all, solve-all bill?  No and Obama doesn’t think so either but I do think this will do society good. At least much better than our previous system.

I made my very own Barack Obama signature!

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