General Discussion
Showing Original Post only (View all)The Scam that is Health Savings Accounts [View all]
A few years ago I had Rotator Cuff Surgery...with Physical Therapy and everything else, the total bill was around $35,000
Average family with two kids, both of them working for say $10 and hour. That's $800 a week for the couple, or about $41,000 a year. Doubt they could afford to save ten percent of their income a year, but lets say they could. Various taxes (local, state and federal) will see about 20 percent skimmed off the top, leaving this couple about $33K give or take some change. So, that would mean they would have to save 10 percent of their remaining income for 11 years to have enough for that one singular surgery!
No average American can make a Medical Savings account work for their family, so stop trying to fool us with that Red Herring.
Second Red Herring...giving us the right to PURCHASE HEALTH CARE INSURANCE does not mean we can afford to purchase it...especially when Congress refuses to pass legislation for a LIVING WAGE.