Trump: We'll be the party of healthcare

[Billiejeens]

look fool. You're intentionally making yourself stupider. That is not my fault. There have been mult discussions, usually with G5000, concerning how ALL our healthcare is financed with deficit tax breaks for employers.

And the Old Wierd Guy KNOWS you're a sucker.

You don't even understand the question, not all that unusual.

I dismiss you.

 

[YoursTruly]

are u soooo stupid that you fail to realize that the ONLY reason any of us who work for private industry have insurance is because employers get to pay for it with tax cuts?

No ones employers pay for it. Their customers do. It's just overhead they attach to their pricing. It is a HUGE amount though.
The last time I had company insurance, (before the ACA), I paid like $200 a month. The company still paid like $700 per month, just for my insurance. And about that for every employee they had.
Healthcare costs a LOT of money. And there's so much BS involved in it.

Like my knee surgery was hundreds of thousands of dollars (What was billed by the doctor and the hospital) Blue Cross only paid about $2K. I wished I still had a copy of that bill. Because it made me cringe that that the people that actually fixed my knee, didn't get but a very small fraction of the bill.

 

[dblack]

No ones employers pay for it. Their customers do. It's just overhead they attach to their pricing. It is a HUGE amount though.
The last time I had company insurance, (before the ACA), I paid like $200 a month. The company still paid like $700 per month, just for my insurance. And about that for every employee they had.
Healthcare costs a LOT of money. And there's so much BS involved in it.

Like my knee surgery was hundreds of thousands of dollars (What was billed by the doctor and the hospital) Blue Cross only paid about $2K. I wished I still had a copy of that bill. Because it made me cringe that that the people that actually fixed my knee, didn't get but a very small fraction of the bill.

Insurance, and bizarre regulation, has turned the entire mess into a shell game.

 

[bendog]

No ones employers pay for it. Their customers do. It's just overhead they attach to their pricing. It is a HUGE amount though.
The last time I had company insurance, (before the ACA), I paid like $200 a month. The company still paid like $700 per month, just for my insurance. And about that for every employee they had.
Healthcare costs a LOT of money. And there's so much BS involved in it.

Like my knee surgery was hundreds of thousands of dollars (What was billed by the doctor and the hospital) Blue Cross only paid about $2K. I wished I still had a copy of that bill. Because it made me cringe that that the people that actually fixed my knee, didn't get but a very small fraction of the bill.

How does the tax exclusion for employer-sponsored health insurance work?

Employer-paid premiums for health insurance are exempt from federal income and payroll taxes. Additionally, the portion of premiums employees pay is typically excluded from taxable...

www.taxpolicycenter.org

Our employers get to "write off" from gross profits the amount of money they spend on buying healthcare insurance. That means that if their gross profit for 2024 is Five Dollars, and if they paid One Dollar for employer sponsored insurance, they only pay tax on Four Dollars. They further reduce their taxes with the usual depreciation on capital equipment, other wages, supplies .... etc.

The ESI tax expenditure was 300billion in 2020.

There are various arguments for and against. But the VAST amount of healthcare for middle class workers is paid by employer sponsored insurance. And as the above link discusses, the MORE a worker makes, the MORE the tax expenditure is worth to the employer

 

[bendog]

Insurance, and bizarre regulation, has turned the entire mess into a shell game.

But the option back in 1947 or whenever the Big Three car makers convinced congress to go with the scheme rather than the dreaded .... single govt payor

 

[Independent thinker]

At this point, Trump can pretty much turn the party into what ever he wants it to be. The party that's OK with a national healthcare plan. The party that doesn't mind their 2A getting infringed upon. The party that's OK with abortions.

I'm just wondering if the republicans even realize how far left of center Trump is taking them. As a fiscal conservative, I can see it. And even more worrisome, why is the left still upset with Trump? He was and will be the best president the left could ask for.

President Trump Pushing Back Healthcare Fight​

Except for the fact that he doesn't have a healthcare plan, never did, and probably never will.

 

[Fort Fun Indiana]

Except for the fact that he doesn't have a healthcare plan, never did, and probably never will.

Of course he doesn't and won't. That would require him hiring competent, knowledgeable people to put together a plan.

Trump does not hire such people.

 

[Independent thinker]

Of course he doesn't and won't. That would require him hiring competent, knowledgeable people to put together a plan.

Trump does not hire such people.

Well, neither do democrats.

 

[Fort Fun Indiana]

Well, neither do democrats.

Why say something so stupid? Did you think you would accomplish anything but to embarrass yourself?

Or is it just reflexive?

 

[Independent thinker]

Why say something so stupid? Did you think you would accomplish anything but to embarrass yourself?

Or is it just reflexive?

Why say something so stupid?

 

[dblack]

But the option back in 1947 or whenever the Big Three car makers convinced congress to go with the scheme rather than the dreaded .... single govt payor

Single payer would be worse. You'd trade in a handful of corrupt insurance companies for one, one that you couldn't refuse.

 

[Fort Fun Indiana]

Why say something so stupid?

That's not going to help you. You know as well as I do what you said was stupid.

 

[frigidweirdo]

That pretty much defines both parties.

Yeah, it does. However for lies, Trump is number one.

 

[YoursTruly]

Except for the fact that he doesn't have a healthcare plan, never did, and probably never will.

Uh, yes he did. His plan passed in the house. It was authored. It was amended. It went through all the committee's and made it to the house floor. There it was passed and sent to the senate.
That's a long drawn out process for not having a plan.

 

[Fort Fun Indiana]

Uh, yes he did. His plan passed in the house.

This is 100% false. All they passed was a bill to repeal parts of the ACA.

"The nonpartisan Congressional Budget Office projected that the AHCA would have increased the number of uninsured people by 23 million over 10 years" - Wiki

Got anything else?

 

[YoursTruly]

Single payer would be worse. You'd trade in a handful of corrupt insurance companies for one, one that you couldn't refuse.

Single payer would be easier. But what those who support single payer forgets is our government and their bureaucrats who'll screw it up.
The envision a system that's simple and has no adverse consequences. One that those who need it, can easily get on it and use it when ever they need to.
But that's not the way our government works.

Because our government is so inept, they screw up just about everything they touch. Even something as simple as the debt.

 

[YoursTruly]

This is 100% false. All they passed was a bill to repeal parts of the ACA.

"The nonpartisan Congressional Budget Office projected that the AHCA would have increased the number of uninsured people by 23 million over 10 years" - Wiki

Got anything else?

That was Trumps plan, that you say never existed.

Trump & Ryan both stated before it passed in the house they were going to keep the things in the ACA that worked, add some things that would work better, and get rid of things that didn't work.

That is what made up his plan.

 

[YoursTruly]

How does the tax exclusion for employer-sponsored health insurance work?

Employer-paid premiums for health insurance are exempt from federal income and payroll taxes. Additionally, the portion of premiums employees pay is typically excluded from taxable...

www.taxpolicycenter.org

Our employers get to "write off" from gross profits the amount of money they spend on buying healthcare insurance. That means that if their gross profit for 2024 is Five Dollars, and if they paid One Dollar for employer sponsored insurance, they only pay tax on Four Dollars. They further reduce their taxes with the usual depreciation on capital equipment, other wages, supplies .... etc.

The ESI tax expenditure was 300billion in 2020.

There are various arguments for and against. But the VAST amount of healthcare for middle class workers is paid by employer sponsored insurance. And as the above link discusses, the MORE a worker makes, the MORE the tax expenditure is worth to the employer

The reduction in their taxes from what they paid for health insurance doesn't mean they got reimbursed by the government for all they spent on insurance. They still had to dish out all that money for insurance. Then it only reduced their taxes a small percentage.
Example: One employee's insurance cost the company $5,000 per year. They would only get about a $500 reduction in their taxes.

 

[Fort Fun Indiana]

The reduction in their taxes from what they paid for health insurance doesn't mean they got reimbursed by the government for all they spent on insurance. They still had to dish out all that money for insurance. Then it only reduced their taxes a small percentage.
Example: One employee's insurance cost the company $5,000 per year. They would only get about a $500 reduction in their taxes.

$5000/yr is a great deal.

It's probably more like $7000.

 

[YoursTruly]

$5000/yr is a great deal.

It's probably more like $7000.

I said it was just an example.