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Americans Are Delaying Health Care Until Tax Refunds Arrive

bloomberg.com

121–130 of 256 posts

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#121

Would you pay a few % more in taxes knowing that every human in this nation could receive the healthcare they need? I would without a second thought.

Would not be nearly enough.

U.S. health care spending grew 3.9 percent in 2017, reaching $3.5 trillion or $10,739 per person.

That exceeds tax federal income tax revenue by about $2 trillion

The us govt already spends so much on healthcare.

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#122

As employers switch to High Deductible Health Plans where insurance doesn't kick in until one has spent a deductible of several thousand dollars, many people are delaying health care in general. A doctor's visit that once cost a co-pay of $30 is now frequently a cash price from $130 to $400, plus more for lab work. With higher costs and much of them unknown in advance, many skip getting things checked until it seems…

I paid 400 dollars to have a doctor tell me to neti pot my nose after having sinus infection for 3 months. Might not be rational but fuck everything about this system. Who is pocketing all this goddamn money?

The Dr and the insurance company... who else would it be?

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#123
post #32

> Out-of-pocket medical spending jumps once the money hits people’s bank accounts. It is a bad thing that tax withholding is one of the few ways Americans can have savings. When you live check to check this can be your only option.

That tax withholding is the only way that many Americans manage to save speaks more to a lack of self-control than anything else. If Uncle Sam can save a lump-sum for you by deducting from your paycheck, you could have done the same (in fact, better) with a bit of resolve and a bank account.

You're forgetting about the Earned Income Tax Credit and other tax credits. Not all money paid out by the IRS is from wage withholding.

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#124
post #110

Earlier quoted context omitted.

Usurious loans are unethical and disgusting. If people aren’t capable of effective money management, that just reinforces that the justifications used by that agency are bunk.

Practically all owns today are usurious, since interest is involved. If you look at the old testament and the Quran, this was prohibited for a reason, and we see the effects today very clearly.

Why would anyone lend money without interest?

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#125
post #32

> Out-of-pocket medical spending jumps once the money hits people’s bank accounts. It is a bad thing that tax withholding is one of the few ways Americans can have savings. When you live check to check this can be your only option.

How is it the only option? If withholding is less, what’s stopping people from saving the reduction? A refund is essentially an interest free loan repayment from the government. Refunds should ideally be zero.

EITC and tax credits. The poor are not just receiving a refund on withholdings.

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#126

Would you pay a few % more in taxes knowing that every human in this nation could receive the healthcare they need? I would without a second thought.

Would not be nearly enough. U.S. health care spending grew 3.9 percent in 2017, reaching $3.5 trillion or $10,739 per person. That exceeds tax federal income tax revenue by about $2 trillion The us govt already spends so much on healthcare.

The problem isn’t that we don’t have socialized healthcare. The problem is that for some reason, healthcare in this country is ridiculously expensive. We can’t have both; only one or the other. If healthcare is too expensive and you socialize it, the government will be bleeding even more money trying to pay for it all.

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#127
post #124
post #110

Earlier quoted context omitted.

Practically all owns today are usurious, since interest is involved. If you look at the old testament and the Quran, this was prohibited for a reason, and we see the effects today very clearly.

Why would anyone lend money without interest?

Should probably add: why would anyone lend money without interest to someone they don’t know?

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#128

Would you pay a few % more in taxes knowing that every human in this nation could receive the healthcare they need? I would without a second thought.

Few more in taxes? Maybe we can redirect some funds pocketed by the military industrial complex instead. Though Boeing and others will fight to the death over their infinite money supply/bailouts.

[deleted]

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#129
post #113
post #85

Earlier quoted context omitted.

Why would you expect that a bank teller has their own apartment? Your own apartment isn’t some kind of birthright. I had roommates until I was 27.

I think it is reasonable as a society that we should have options for living alone that are affordable.. or otherwise pay living wages.

Based on what do you think that? You can be happy, healthy, and safe, even if you have to share a kitchen and bathroom.

Single-resident dwellings are the exception throughout human history.

Not that I necessarily disagree with you - I'm still figuring out how exactly to think about this issue.

Re: Americans Are Delaying Health Care Until Tax Refunds Arrive

#130

Would you pay a few % more in taxes knowing that every human in this nation could receive the healthcare they need? I would without a second thought.

Would not be nearly enough. U.S. health care spending grew 3.9 percent in 2017, reaching $3.5 trillion or $10,739 per person. That exceeds tax federal income tax revenue by about $2 trillion The us govt already spends so much on healthcare.

It's just shifting money around. People are already paying that 3.5T. You're just changing the payer.

And that really doesn't matter because healthcare is so distorted it's tough to even argue that it's a free market at all.

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