can anyone dumb this down for me....

[Nightwriter]

The McCain plan is not giving you $5000 towards your premium. He would give you a CREDIT of $5,000, then tax it. So in other words, if you earned $25,000. You would add $5000. as if it were salary. Pay tax on the $30,000. which would mean you would really have about $3500.00 to apply towards your insurance which for the typical American family is paying a gouging $12,000 per year.

McCain would leave the insurance companies to set their own rates (as they do now) saying a free market will create fair pricing. As we know, Insurance Companies only want young, healthy people who stand no chance of getting sick in the near future. My Cigna premium (an employer-based group policy) was raised in a little over a year from $500 per month to $1500 per month. A family of four paid as high as $44,000 a year! The CEO of Cigna earned $78 million for 5 years because he did such a great job of getting rid of dead weight and raising premiums. It is the way insurance companies get rid of groups -- squeezing people out until there is no one left. So much for the free market.

The Obama Plan -- and again this will be decided by Congress so who knows what it would eventually be-- but at least he recognizes there is a problem with pre-existing conditions and shockingly unfair rates, not to mention 47 million uninsured ...

From his website:

Require insurance companies to cover pre-existing conditions regardless of their health status or history can get comprehensive benefits at fair and stable premiums

Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordible Health Care.

Also would open up being able to buy medication from other countries.

 

[Nightwriter]

The McCain plan is not giving you $5000 towards your premium. He would give you a CREDIT of $5,000, then tax it. So in other words, if you earned $25,000. You would add $5000. as if it were salary. Pay tax on the $30,000. which would mean you would really have about $3500.00 to apply towards your insurance which for the typical American family is paying a gouging $12,000 per year.

McCain would leave the insurance companies to set their own rates (as they do now) saying a free market will create fair pricing. As we know, Insurance Companies only want young, healthy people who stand no chance of getting sick in the near future. My Cigna premium (an employer-based group policy) was raised in a little over a year from $500 per month to $1500 per month. A family of four paid as high as $44,000 a year! The CEO of Cigna earned $78 million for 5 years because he did such a great job of getting rid of dead weight and raising premiums. It is the way insurance companies get rid of groups -- squeezing people out until there is no one left. So much for the free market.

The Obama Plan -- and again this will be decided by Congress so who knows what it would eventually be-- but at least he recognizes there is a problem with pre-existing conditions and shockingly unfair rates, not to mention 47 million uninsured ...

From his website:

Require insurance companies to cover pre-existing conditions regardless of their health status or history can get comprehensive benefits at fair and stable premiums

Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordible Health Care.

Also would open up being able to buy medication from other countries.

 

[Nightwriter]

The McCain plan is not giving you $5000 towards your premium. He would give you a CREDIT of $5,000, then tax it. So in other words, if you earned $25,000. You would add $5000. as if it were salary. Pay tax on the $30,000. which would mean you would really have about $3500.00 to apply towards your insurance which for the typical American family is paying a gouging $12,000 per year.

McCain would leave the insurance companies to set their own rates (as they do now) saying a free market will create fair pricing. As we know, Insurance Companies only want young, healthy people who stand no chance of getting sick in the near future. My Cigna premium (an employer-based group policy) was raised in a little over a year from $500 per month to $1500 per month. A family of four paid as high as $44,000 a year! The CEO of Cigna earned $78 million for 5 years because he did such a great job of getting rid of dead weight and raising premiums. It is the way insurance companies get rid of groups -- squeezing people out until there is no one left. So much for the free market.

The Obama Plan -- and again this will be decided by Congress so who knows what it would eventually be-- but at least he recognizes there is a problem with pre-existing conditions and shockingly unfair rates, not to mention 47 million uninsured ...

From his website:

Require insurance companies to cover pre-existing conditions regardless of their health status or history can get comprehensive benefits at fair and stable premiums

Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordible Health Care.

Also would open up being able to buy medication from other countries.

 

[Nightwriter]

The McCain plan is not giving you $5000 towards your premium. He would give you a CREDIT of $5,000, then tax it. So in other words, if you earned $25,000. You would add $5000. as if it were salary. Pay tax on the $30,000. which would mean you would really have about $3500.00 to apply towards your insurance which for the typical American family is paying a gouging $12,000 per year.

McCain would leave the insurance companies to set their own rates (as they do now) saying a free market will create fair pricing. As we know, Insurance Companies only want young, healthy people who stand no chance of getting sick in the near future. My Cigna premium (an employer-based group policy) was raised in a little over a year from $500 per month to $1500 per month. A family of four paid as high as $44,000 a year! The CEO of Cigna earned $78 million for 5 years because he did such a great job of getting rid of dead weight and raising premiums. It is the way insurance companies get rid of groups -- squeezing people out until there is no one left. So much for the free market.

The Obama Plan -- and again this will be decided by Congress so who knows what it would eventually be-- but at least he recognizes there is a problem with pre-existing conditions and shockingly unfair rates, not to mention 47 million uninsured ...

From his website:

Require insurance companies to cover pre-existing conditions regardless of their health status or history can get comprehensive benefits at fair and stable premiums

Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordible Health Care.

Also would open up being able to buy medication from other countries.

 

[Nightwriter]

The McCain plan is not giving you $5000 towards your premium. He would give you a CREDIT of $5,000, then tax it. So in other words, if you earned $25,000. You would add $5000. as if it were salary. Pay tax on the $30,000. which would mean you would really have about $3500.00 to apply towards your insurance which for the typical American family is paying a gouging $12,000 per year.
<br />
<br />McCain would leave the insurance companies to set their own rates (as they do now) saying a free market will create fair pricing. As we know, Insurance Companies only want young, healthy people who stand no chance of getting sick in the near future. My Cigna premium (an employer-based group policy) was raised in a little over a year from $500 per month to $1500 per month. A family of four paid as high as $44,000 a year! The CEO of Cigna earned $78 million for 5 years because he did such a great job of getting rid of dead weight and raising premiums. It is the way insurance companies get rid of groups -- squeezing people out until there is no one left. So much for the free market.
<br />
<br />The Obama Plan -- and again this will be decided by Congress so who knows what it would eventually be-- but at least he recognizes there is a problem with pre-existing conditions and shockingly unfair rates, not to mention 47 million uninsured ...
<br />
<br />From his website:
<br />
<br />Require insurance companies to cover pre-existing conditions regardless of their health status or history can get comprehensive benefits at fair and stable premiums
<br />
<br />Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordible Health Care.
<br />
<br />Also would open up being able to buy medication from other countries.

 

[maelstrom]

<div class="FTQUOTE"><begin quote><i>Originally posted by: <b>Nightwriter</b></i>



Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordable Health Care.


</end quote></div>


From what I understand, this is how Obama is proposing to make affordable insurance available to those without insurance from their employers - by letting individuals buy into the pool of insurance offered for government employees. People who work for the government get great healthcare plans, cheap.

Insurance is a numbers game - the reason big companies can offer better plans for less money is that they are covering large numbers of people. More people means there will be larger numbers of healthy people who use less insurance costs than they (the individual plus the employer's portion) pay in premiums, which results in profits for the insurance company. By letting people with special needs who don't have access to employer-sponsored insurance buy into these government insurance pools, they are including these people in a large group where there's likely to be lots of healthy people to offset the high costs of unhealthier ones.

I don't know as much about McCain's plan from this perspective, only the negative effects it will have on those with insurance provided by employers.

 

[maelstrom]

<div class="FTQUOTE"><begin quote><i>Originally posted by: <b>Nightwriter</b></i>



Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordable Health Care.


</end quote></div>


From what I understand, this is how Obama is proposing to make affordable insurance available to those without insurance from their employers - by letting individuals buy into the pool of insurance offered for government employees. People who work for the government get great healthcare plans, cheap.

Insurance is a numbers game - the reason big companies can offer better plans for less money is that they are covering large numbers of people. More people means there will be larger numbers of healthy people who use less insurance costs than they (the individual plus the employer's portion) pay in premiums, which results in profits for the insurance company. By letting people with special needs who don't have access to employer-sponsored insurance buy into these government insurance pools, they are including these people in a large group where there's likely to be lots of healthy people to offset the high costs of unhealthier ones.

I don't know as much about McCain's plan from this perspective, only the negative effects it will have on those with insurance provided by employers.

 

[maelstrom]

<div class="FTQUOTE"><begin quote><i>Originally posted by: <b>Nightwriter</b></i>



Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordable Health Care.


</end quote></div>


From what I understand, this is how Obama is proposing to make affordable insurance available to those without insurance from their employers - by letting individuals buy into the pool of insurance offered for government employees. People who work for the government get great healthcare plans, cheap.

Insurance is a numbers game - the reason big companies can offer better plans for less money is that they are covering large numbers of people. More people means there will be larger numbers of healthy people who use less insurance costs than they (the individual plus the employer's portion) pay in premiums, which results in profits for the insurance company. By letting people with special needs who don't have access to employer-sponsored insurance buy into these government insurance pools, they are including these people in a large group where there's likely to be lots of healthy people to offset the high costs of unhealthier ones.

I don't know as much about McCain's plan from this perspective, only the negative effects it will have on those with insurance provided by employers.

 

[maelstrom]

<div class="FTQUOTE"><begin quote><i>Originally posted by: <b>Nightwriter</b></i>



Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordable Health Care.


</end quote>


From what I understand, this is how Obama is proposing to make affordable insurance available to those without insurance from their employers - by letting individuals buy into the pool of insurance offered for government employees. People who work for the government get great healthcare plans, cheap.

Insurance is a numbers game - the reason big companies can offer better plans for less money is that they are covering large numbers of people. More people means there will be larger numbers of healthy people who use less insurance costs than they (the individual plus the employer's portion) pay in premiums, which results in profits for the insurance company. By letting people with special needs who don't have access to employer-sponsored insurance buy into these government insurance pools, they are including these people in a large group where there's likely to be lots of healthy people to offset the high costs of unhealthier ones.

I don't know as much about McCain's plan from this perspective, only the negative effects it will have on those with insurance provided by employers.

 

[maelstrom]

<div class="FTQUOTE"><begin quote><i>Originally posted by: <b>Nightwriter</b></i>
<br />
<br />
<br />
<br />Establish a National Health Insurance Exchange with a range of private insurance options as well as a new public plan based on benefits available to members of Congress that will allow INDIVIDUALS as well as small businesses buy affordable Health Care.
<br />
<br />
<br /></end quote>
<br />
<br />
<br />From what I understand, this is how Obama is proposing to make affordable insurance available to those without insurance from their employers - by letting individuals buy into the pool of insurance offered for government employees. People who work for the government get great healthcare plans, cheap.
<br />
<br />Insurance is a numbers game - the reason big companies can offer better plans for less money is that they are covering large numbers of people. More people means there will be larger numbers of healthy people who use less insurance costs than they (the individual plus the employer's portion) pay in premiums, which results in profits for the insurance company. By letting people with special needs who don't have access to employer-sponsored insurance buy into these government insurance pools, they are including these people in a large group where there's likely to be lots of healthy people to offset the high costs of unhealthier ones.
<br />
<br />I don't know as much about McCain's plan from this perspective, only the negative effects it will have on those with insurance provided by employers.