December 30, 2009

Another Great Chart Re- Healthcare

You'll have to click on the image to get a legible version; but basically, the turquoise lines represent countries that have universal coverage provided by public and private insurers, and the orange lines – the U.S. and Mexico – represent the countries that do NOT have universal coverage.

The US line is super-high on the left because that's how much more we spend compared to the other nations. And the US line is much lower on the right because, even though we spend so much more, our life expectancies are actually below the mean average of that in the others.

U.S. insurers have already had decades to show they could deliver better results doing it their way, and it hasn't worked.

In contrast, in many other countries, universal coverage with a public option has been working well for decades; it's a proven solution.

UPDATE: Here's a calculator to help you figure out how you'd fare under the new law as of this writing. I'd check the results under the "Senate Leadership Bill," since it seems whatever passes will more closely resemble that version. In my own case, it says I wouldn't be eligible for any subsidy, I should expect to pay nearly 13% of my before-tax income for insurance – and that doesn't count whatever I'll have to pay in deductibles, co-pays, etc. – AND there would be no cap on premium increases.

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