Thanks for visiting. This blog is intended for individuals with Net Annual Income of $105,000 or more. Get Rich Slow + Get Rich Quick = Get Rich Slick. If you're new here, you may want to subscribe to my RSS feed.

If 40 million people can’t afford health care then how will the government be able to afford it? This past weekend, the cable talking heads were discussing America’s health care crisis. I don’t disagree one bit with the issue: health care costs have spiraled out of control and there is another looming crisis coming soon.

So where exactly will the money come from to pay for this “free” health care for everyone? Higher taxes? More Fees? Every employer I have worked for in the past almost always had a tiered system: HMO, PPO, PPO Plus. The free market model at my past and current employers gave employees the option of paying for the package they felt best fit their needs.   The HMO typically cost 20% less but had various restrictions and deemed the “economical” package, the PPO plan cost more but with fewer restrictions and the PPO Plus had the best (and most expensive) coverage deemed a “premium” plan.

In the new “free” health care model, what options will I have?  Do I get to subsidize the “premium” package for every single American?  If not, then will the same people that can’t afford health insurance now complain that they’re not getting the “premium” insurance and are stuck with the “economical” package?

preserve.png

Will we have a system like public school vs private school where I pay tuition for my kids private school (because its better) yet have the privilege of paying for public school too even though I don’t use it?   Will health care become like the public school system where poor neighborhoods get poor health care and rich suburbs get the best health care?

Perhaps we should have health care based on property tax rates to make it equitable for everyone.