Reply #38: two big flaws - many low wage earners do not

[salin]

have an extra 10K a year to cover the 'precatastrophic' costs. And b) most employers of those lower income wage earners would opt to cut hours (to where one wouldn't qualify for a 10K policiy) and just employ more part-timers.

This would just perpetuate if not exacerbate the problems for those who earn too much for medicare but don't work in jobs that provice health care. This would bring those folks less but cost them more (by needing to work more jobs - at part-time status as employers dodge paying health insurance). For many, the unintended consequences would surpass the intended benefits.