Daily News Updates - Health Insurance News

McCain vs. Destitute, Pt.3 – One statement with 5 different meanings.

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Vanessa begins the article by noting the premise that health insurance Mr. McCain’s tax credits would allow people more freedom to shop around the open market.  Without quantifying, this would be regarded as true.  When we quantify the meaning we realize that five different statements are being masked into one:

1)             Some people would have more freedom to shop around the open market (given).
 

2)             Tax-wise, the health insurance tax restructure could offer about a 38% benefit in taxes for the first year.  After that, the advantage dwindles until, after about five years, the advantage it will reverse.  Taxpayers will start incurring increasing tax losses from that point on.

3)              Millions of Americans will be thrust out into the open market to buy health insurance.  As we should know by now, laissez-faire capitalism hands the power over to ‘the market’ and it’s fiercely competitive ways.

4)              Perhaps most important, this does nothing for the destitute who are denied health insurance, many of whom move closer to an untimely death every year.

5)              The hidden danger of points #2 through #4 have been masked into the pretty package of saving some quick tax money.

Getting back to the15% of  those who apply for health insurance online being classed as ‘un-insurable’ problem.  This data was obtained from a survey issued by an online service called Norvax.  Norvax assists people with online health insurance issues.

From their survey, consisting of 446,500 online insurance shoppers, Norvax pulled data concerning people who had requested quotes and/or requesting to be contacted by health insurance deliverers.  This took place over the summer.

Continued…
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