Wednesday, June 25, 2008

Health Care Costs June 25, 08

I love how politicians want to keep lowering taxes by telling us it puts more money in our pockets. But for many it just means things like higher utility bills, higher tuition, and more expensive medical costs.

Below was pulled from an email I received.

For example, the total annual medical spending required to cover an average low-income uninsured adult with Medicaid for a full year would have been $3,084 in 2005, while covering that person with private health insurance instead would have cost $3,899, or about 26 percent more. More dramatically, if the uninsured person were covered by Medicaid, the annual out-of-pocket expenses for that person – including payments for deductibles, copayments and coinsurance, and noncovered services, but not premiums – would be $109, as compared to $771, or about 600 percent more, under private health insurance.

Read the Study

Keep Lefting!!!

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