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I am expecting Clinton to be elected and Universal Healthcare to be phased into Medicare for people 50 to 64 first. You can expect to pay 6% to 9% of your net income (not AGI) maybe. The cost will be capped at $3K? per person insured by each taxpayer? IDK really.
The remaining pool of people 1 month to 49 will be a lowered cost pool for healthcare coverage.
Taxes will increase to cover the expense but you will not pay a private insurer for basic health coverage. Private insurers will be selling ''upgrade'' policies above the mandated Healthcare levels.
Employer benefits costs will shift to these new policies and (hopefully) the savings to employers will be passes on to employees wages to pay the taxes that the mandated Universal Healthcare will cost.
Healthcare is a $3 Trillion (17.5%) part of the US economy. Something has to give -- the writing is on the wall.
Life will go on. Maybe, literally too ...
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