By John Ballard
What she said.
Appearing on CNN yesterday morning, Senator Orrin Hatch (R, Utah) groused about what he called the
�Europeanization� of health care. Translated, that means that we have decided to take a more collective approach to survival. If you cannot afford health insurance, your fellow citizens will help you pay for it.
Hatch is correct: in 2014, a family of four earning $88,200 (or four times the federal poverty level) will get a subsidy to help buy insurance in the new Exchanges. $88,200 may sound like a fortune if you live in Idaho (where median income for a family of four is $58,000), but in Maryland, Massachusetts, Connecticut, and New Jersey, $88,200 is actually less than median income for a family of four. Even in New Hampshire, median income for a family of four is $87,396. (Half of all families of four earn less; half earn more. In other words, a family that size bringing home $88,200 in New Hampshire is smack dab in the middle of the pack.) See this fascinating table that shows median income for individuals as well as families including of two to six people in all fifty states. It�s startling to see how widely incomes vary in different parts of the country.
She concludes "I think that most Americans will find that the more they learn about reform, the less scary it becomes."
Yep.
who is "she"? why not name her?
ReplyDeleteIs the hyperlink broken?
ReplyDeleteMaggie Mahar is a fellow at The Century Foundation and the author of Money-Driven Medicine: The Real Reason Health Care Costs So Much (Harper/Collins 2006) and Bull! A History of the Boom, 1982�1999 (Harper/Collins, 2003), a book that Warren Buffett recommended in Berkshire Hathaway's annual report.
Before beginning to specialize in health care, Mahar was a financial journalist. She has written for Institutional Investor, The New York Times, and Barron's, where she served first as senior writer and then as senior editor from the late eighties through the late nineties. There, she covered Wall Street, Washington, and social policy as well as markets and politics in Russia, Japan, and the Middle East. After leaving Barron's, she wrote a column about international markets and economics for Bloomberg.
Before becoming a journalist, Maggie Mahar was an English professor at Yale University, from which she holds a B.A. and a Ph.D. in English literature. She lives in Manhattan where she continues to blog and write about health care.