Is there anything tax cuts CAN'T fix?

[mrstickball]

Vetteman94 said:

mrstickball said:

Vetteman94 said:

Social Security only Taxes the first $90,000 $106,000, so not all money earned is taxed for Social Security.  And the Total tax rate is 10.4%, 6.2 for the employer, 4.2 for the employee

And I refuse to believe that comparitive Health Insurance for people that need Medicare is $4900, my grandfathers supplemental insurance is $8K a year,  full coverage for him would Total close $30K.  For the average healthy person in their 30s or 40s, yes $4900 is probably plenty, but most people at Medicare age arent. 

Minor corrections

Medicaid which caters to an entirely different demographic is also $7,900 per recipient. The service varies from $5,000 - $8,000 per state depending on benefits, and is still higher than private insurance.

Feel free to look up the data. Every government health care system in the US is more expensive than private insurance - Medicare, Medicaid, and of course, the champion, the Veterans Administration (about $8,500 per person).

I just gave you an example that says you are wrong,  private insurance for my grandfather that would match what he recieves from medicare would total $30K a year.  A perfectly healthy 65 year old would have a tough time getting health insurance for even close to that $4900. Hell my insurace is $5000 a year, and Im only 31.  You are the one claiming this is possible, you provide me with that information

You provided one anecdotal point of information and argued that it should circumvent all held statistics and data on health expenses in America.

Your example is one person. My example is over 60 million Americans on Medicare/Mediciad.

Here's the data:

http://www.medpac.gov/chapters/Jun10DataBookSec2.pdf

That is from the government concerning Medicare. As per Chart 2-2, the average cost of an enrollee under 65 is above the median for Medicare expenses. Not below. Now, the question becomes: How does this compare to private insurance costs of those above 65 (for comparison) and those below?

Glad you asked:

Lets look at the data: The average person 65+ (that is all groups above 65) costs more at $6,140. Comparatively, the Medicare .PDF I sent you states that the median for the 65+ age group is over $9,000 - 50% higher than that of private insurances.

Now, lets look at other private plans:

Here are family household plans by year:

(As of 2009, the average household was paying slightly more than one Medicare enrollee)

This one is from the AARP which reports similar results for family costs (about $12,600 per family) and pegs individual plans at an average of $4,700 per person in 2008.