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Under the Murray UBI plan recipients would be required to spend $3000 per year on health insurance. That would be your mother's replacement for Medicaid. Howeve
by leepowers 10y ago
Under the Murray UBI plan recipients would be required to spend $3000 per year on health insurance. That would be your mother's replacement for Medicaid. However, that doesn't factor in co-pays, deductibles, balance-billing, and the myriad other costs of private insurance. A health care premium of $3000 is going to have a high deductible. My premium is close to $3000 a year, and my deductible is $5250. Under this plan a disabled person requiring frequent medical care would have $4750 to live off of, after health care costs. That's a whopping $395 per month.
UBI is not feasible absent a universal single-payer system. Health care is just too damn expensive to be paid for by the individual.
- prostoalex 10y ago> Under the Murray UBI plan recipients would be required to spend $3000 per year on health insurance. That would be your mother's replacement for Medicaid. "Annual premiums edged beyond $17,500 for an average family." http://www.ncsl.org/research/health/health-insurance-premiums.aspx http://www.ncsl.org/research/health/health-insurance-premium... And this is in the marketplace that purposefully excludes Medicare recipients, who are older and are disproportionately more likely to have health problems and pre-death expenses. Here's data on per capita spending on Medicaid, there are very few states where non-disabled adult spending is less than $3k http://kff.org/medicaid/state-indicator/medicaid-spending-per-enrollee/ http://kff.org/medicaid/state-indicator/medicaid-spending-pe...
- adevine 10y agoIt seems to me the simple calculation is to see that, currently, the US spends ~$9,500 per capita annually for healthcare (that number seems so crazy to me, but therein lies the problem). The WSJ article didn't go into more detail, but I don't understand how $3k per year goes to cover that $9500 amount without huge deductibles and copays, which disabled people won't be able to pay because they will have no other assistance beyond their UBI. I don't see how UBI works without some other form of guaranteed health insurance for the poor.
- utefan001 10y agoFYI http://www.uta.edu/faculty/story/2311/Misc/2013,2,26,MedicalCostsDemandAndGreed.pdf http://www.uta.edu/faculty/story/2311/Misc/2013,2,26,Medical...