S&P Downgrades US credit rating

[reefraff]

Quote:
Originally Posted by bionicarm http:///forum/thread/387164/s-p-downgrades-us-credit-rating/80#post_3407659
I keep hearing the "grow the economy" phrase from the Right. Exactly how do you grow it, and what are the effects of doing it? I suppose it's more incoming taxes for revenues?
I also keep hearing the "47% of Americans don't pay". Yes, that is true. But that's our current tax laws. Don't blame the people who are simply following the rules and taking the legal deductions and credits they are due.
The voucher program has too many loopholes. They want to hand these tail-end Baby Boomers some check that in turn they are suppose to go to some insurance provider and get health insurance. What guarantees the insurance companies will comply and provide them insurance just on the value of the voucher? If not, how much more in premiums will they have to pay? Can the insurance companies deny coverage due to preexisting conditions? What does someone who contracts cancer, or has a current heart condition do when the insurance company won't accept them? All they have is a useless piece of paper, and absolutely no where else to go to get health care. At least with Obamacare, you have options. They're suppose to create these "insurance pools" that emulate the discounts that large corporations receive for insurance a large base of employees.
More jobs means more salaries which taxes are collected from which also mean less unemployment insurance, food stamps and whatever else the government is supplying. Pretty obvious really/
My kid was one of the 47% until he got divorced. 2200 mo, gross plus about 1100 for housing with 2 kids and he got over 5 grand back in a year when he paid in just over 900. I know cause I did his taxes. Once the third kid came along they were getting nearly 8 grand back. I don't hold it against them or anyone else. It's the jellyfish politicians who are afraid to call a spade a spade who are to blame. Earned Income Credit was intended to bribe people into working instead of taking welfare. Well great but how about we limit it to a few years. The notion that we have to bribe able bodied citizens to get a job to support their kids is obscene to me in the first place.
The type of voucher system I am talking about isn't to buy insurance, it's to pay for medical care. You get X amount for medical care and have a catistrophic coverage insurance policy backing you up for serious stuff. You could even let people carry over their vouchers year to year.

 

[bionicarm]

Quote:
Originally Posted by reefraff http:///forum/thread/387164/s-p-downgrades-us-credit-rating/100#post_3407829
More jobs means more salaries which taxes are collected from which also mean less unemployment insurance, food stamps and whatever else the government is supplying. Pretty obvious really/
My kid was one of the 47% until he got divorced. 2200 mo, gross plus about 1100 for housing with 2 kids and he got over 5 grand back in a year when he paid in just over 900. I know cause I did his taxes. Once the third kid came along they were getting nearly 8 grand back. I don't hold it against them or anyone else. It's the jellyfish politicians who are afraid to call a spade a spade who are to blame. Earned Income Credit was intended to bribe people into working instead of taking welfare. Well great but how about we limit it to a few years. The notion that we have to bribe able bodied citizens to get a job to support their kids is obscene to me in the first place.
The type of voucher system I am talking about isn't to buy insurance, it's to pay for medical care. You get X amount for medical care and have a catistrophic coverage insurance policy backing you up for serious stuff. You could even let people carry over their vouchers year to year.
How much does the voucher cost the citizen, and how much does the government kick in? My wife's plan tried something similar to this with her insurance provider. You had the option to get this insurance card that was loaded with $1500 for the year to use for any basic care and non life threatening medical services. You still had the catastrophic coverage, but your Out-Of-Pocket maxes and deductibles were 3 times more than if you sign up for the 'regular' insurance plan. If you and your family have a history of good health, it worked out to be a more affordable health plan. However, if you required any type of major medical assistance, you lost out. All the employees called it the "screw me now, or screw me later" insurance plan. Several of us actually sat down and calculated what the break even point would be where both plans would balance out with one another (difference between premiums, deductibles, and OOP expenses).

 

[reefraff]

Quote:
Originally Posted by bionicarm http:///forum/thread/387164/s-p-downgrades-us-credit-rating/100#post_3407847
How much does the voucher cost the citizen, and how much does the government kick in? My wife's plan tried something similar to this with her insurance provider. You had the option to get this insurance card that was loaded with $1500 for the year to use for any basic care and non life threatening medical services. You still had the catastrophic coverage, but your Out-Of-Pocket maxes and deductibles were 3 times more than if you sign up for the 'regular' insurance plan. If you and your family have a history of good health, it worked out to be a more affordable health plan. However, if you required any type of major medical assistance, you lost out. All the employees called it the "screw me now, or screw me later" insurance plan. Several of us actually sat down and calculated what the break even point would be where both plans would balance out with one another (difference between premiums, deductibles, and OOP expenses).
You have to consider the buying power of medicare. They are able to negotiate lower prices under the current screwed up system it would be easy to get a deal with a simplified billing system. They could also do a tiered co pay system so say a free check up at the beginning of the year, 15.00 per visit copay on the first 1000.00 an 25 a visit for another grand. They could even set it up so people that blow through their voucher could still get the medicare pricing for any out of pocket visits they had. People who use the system more should pay more.