Baucus Bill: Average family will be forced to pay $7000+ for private insurance

[garybeck]

(if you're self employed or if your employer doesn't pay for it)

Health insurance bills could be hardship for many

http://rawstory.com/blog/2009/10/health-insurance-bills-could-be-hardship-for-many/

The legislation advancing in Congress would require all Americans to get insurance — through an employer, a government program or by buying it themselves.

The Health Reform Subsidy Calculator provides ballpark estimates of what households of varying incomes and ages would pay under the different Democratic health care bills. The legislation is still a work in progress and the calculator only a rough guide. Nonetheless, the results are revealing.

A family of four headed by a 45-year-old making $63,000 a year is in the middle of the middle class. But that family would pay $7,110 to buy its own health insurance under the plan from the committee chairman, Sen. Max Baucus, D-Mont.

The family would get a tax credit of $3,970 to help pay for a policy worth $11,080. But the balance due — $7,110 — is real money. Maybe it's less than the rent, but it's probably more than a car loan payment.

....
http://rawstory.com/blog/2009/10/health-insurance-bills-could-be-hardship-for-many/