|The bill will make health care affordable for middle class Americans.||The bill will impose a financial hardship on middle class Americans who will be forced to buy a product that they can’t afford to use.|
A family of four making $66,370 will be forced to pay $5,243 per year for insurance. After basic necessities, this leaves them with $8,307 in discretionary income — out of which they would have to cover clothing, credit card and other debt, child care and education costs, in addition to $5,882 in annual out-of-pocket medical expenses for which families will be responsible.
|5. This plan is similar to the Massachusetts plan, which makes health care affordable.||Many Massachusetts residents forgo health care because they can’t afford it.|
A 2009 study by the state of Massachusetts found that:
|6. This bill provide health care to 31 million people who are currently uninsured.||This bill will mandate that millions of people who are currently uninsured must purchase insurance from private companies, or the IRS will collect up to 2% of their annual income in penalties. Some will be assisted with government subsidies.|
|7. You can keep the insurance you have if you like it.|
The excise tax will result in employers switching to plans with higher co-pays and fewer covered services.Older, less healthy employees with employer-based health care will be forced to pay much more in out-of-pocket expenses than they do now.