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Thread: Healthcare insurance debate in California

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    Default Healthcare insurance debate in California

    Interesting read here,

    http://www.emaxhealth.com/124/19167.html

    And some more interesting reading here, regarding how a similar program almost brought the state of Tennessee to financial bankruptcy,

    http://www.americanthinker.com/2007/...er_should.html

    If it does pass, I wonder just how many doctors will leave this state asap?
    Last edited by PhaedrusZ; 12-19-2007 at 11:34 PM. Reason: repaired link

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    Default Re: Healthcare insurance debate in California

    *** ahem *** by my read, from the recipient side this is basically a rehash of the SCHIP program proposal, with California electing to cover people earning up to $75k or so per year (250% of the official 'poverty' level of around $30k). Also by my read, this represents a tax increase of 6% or 6.5% of total payroll on all large California employers, regardless of whether or not their employees are eligible to receive health benefits under this program.

    I can imagine what tomorrow's board room discussions will be like at Cisco, Oracle, Apple and a long list of other California 'high tech' industries, where all of their manufacturing operations have already been moved offshore such that their major expense item at California facilities is payroll for engineers / developers etc. - and where most or all of their employees are paid too much to be eligible for coverage under this program.

    Your TennCare link has some very good advice for Californians ...

    (snip)"Finally, California is already seeing many workers and businesses protesting that state's high taxes and near-tyrannical regulatory system by voting with their feet. Nevada, Arizona, and Oregon have been the unlikely beneficiaries of the Golden State's tax-and-spend, regulate-and-oppress policies. Destroying the state's health care system and condemning California taxpayers to perpetual tax increases to finance a cannibalistic universal health care plan is unlikely to stop their rapid egress."(snip)

    At some point, one would think that politicians in CA, NY, NJ etc. would figure out that their state's economies are 'dynamic'. As long as the state isn't surrounded by a 'Berlin Wall', as taxes continue to rise and as after tax incomes / standards of living continue to fall, there does come a point where businesses and 'middle class' workers decide to vote with their feet. At the same time, as long as the state isn't surrounded by a 'Berlin Wall', if these states continue to offer disproportionately high social program benefits to low skill low income residents (i.e. free health care) then many low skill low income residents of surrounding states (and other countries LOL) will immigrate to those states. The logical conclusion of this trend is a 3rd world economy, where all that remains is the 'very rich' (whose tax shelters allow them to escape the brunt of state tax increases) and the 'poor' ... whose social program benefits will eventually be cut anyhow.
    Last edited by Melonie; 12-20-2007 at 01:35 AM.

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