The French spend closer to 20% of payroll. Zeke Emanuel is off by a factor of two! Or did he mean a 10% value added tax in addition to the employer mandate that firms must spend 8% of payroll? If that’s the case, 8% plus 10% is about what the French spend. Of course, the French system is also going broke!
I didn’t see a total dollar estimate for Emanuel’s proposal. But right now the employer exclusion costs, what, $250bn annually? What would this be over ten years, $3-4 trillion?
Thanks for reminding us about Obama’s grandmother. It was the President, not the townhall protesters, who first started talking about the need to deny people health care.
The French spend closer to 20% of payroll. Zeke Emanuel is off by a factor of two! Or did he mean a 10% value added tax in addition to the employer mandate that firms must spend 8% of payroll? If that’s the case, 8% plus 10% is about what the French spend. Of course, the French system is also going broke!
on AARP selling out, it’s only a matter of time.
I didn’t see a total dollar estimate for Emanuel’s proposal. But right now the employer exclusion costs, what, $250bn annually? What would this be over ten years, $3-4 trillion?
Thanks for reminding us about Obama’s grandmother. It was the President, not the townhall protesters, who first started talking about the need to deny people health care.
Bart. I’m goiing to guess it’s in the range of $300 to $350 billion.
Larry, I gather that’s an annual average. So the low half of my range.