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Vermont's Single-Payer [health care] Dream Is Taxpayer Nightmare [link only]
Bloomberg [link only] | April 11, 2014 | Megan McArdle

Posted on 04/11/2014 10:58:30 AM PDT by grundle

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To: Straight Vermonter

Do these Canadian folks buy an insurance policy that is usable in the US, or do they pay out of pocket?

Either way I’m impressed that they have the financial savvy to be able to do this.

I assume a lot of us older Americans will be heading to offshore providers to over-ride the Death Panels in the next 10 yrs.


21 posted on 04/11/2014 3:50:34 PM PDT by nascarnation (Toxic Baraq Syndrome: hopefully infecting a Dem candidate near you)
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To: grundle
But I support states' rights, and I don't live in Vermont, so I don't have anything against Vermont doing this. I view this the way a scientist views an experiment. I'm curious to see how it turns out.

Well, to start with, another $1.6 billion in taxes distributed across a population of 620,000 translates to $2581 per capita -- or about $9000 per household.

In other words, having "free" health insurance will cost Vermonters something over $200 per capita per month (or about $750/month per family).

And, as we all recognize, that's almost certainly an optimistic estimate.

22 posted on 04/11/2014 3:55:24 PM PDT by okie01 (The Mainstream Media -- IGNORANCE ON PARADE)
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To: nascarnation

I assume they are paying out of pocket but I suppose they could have some sort of supplemental policy.


23 posted on 04/11/2014 4:06:41 PM PDT by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: okie01
In other words, having "free" health insurance will cost Vermonters something over $200 per capita per month (or about $750/month per family).

No, no, they're thinking about making it a tax on employers. It won't cost the average Vermonters anything.

Do I need the sarcasm tag?

24 posted on 04/11/2014 5:37:38 PM PDT by Straight Vermonter (Posting from deep behind the Maple Curtain)
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To: Straight Vermonter

Oh wow. That is going to be a disaster. The state taxes are going to have to be raised A LOT!


25 posted on 04/11/2014 7:36:18 PM PDT by napscoordinator ( Santorum-Bachmann 2016 for the future of the country!)
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To: Straight Vermonter
No, no, they're thinking about making it a tax on employers. It won't cost the average Vermonters anything.

Which would leave Vermont with how many employers? And how many employees? And would state, county and local government employees count?

This could get reallllll ugly, real fast...

26 posted on 04/11/2014 8:27:44 PM PDT by okie01 (The Mainstream Media -- IGNORANCE ON PARADE)
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To: goldstategop

Canada also has the luxury of being protected within the American security umbrella, and thus gets away with spending minimal amounts on defense. An American single-payer system is impossible for this reason—we can’t essentially demilitarize the way Canada has.


27 posted on 04/11/2014 8:46:13 PM PDT by denydenydeny (Admiration of absolute government is proportionate to the contempt one has for others.-Tocqueville)
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