Re:The reason employees aren't returning to work in America ...
by heavyset_go on Sunday September 19, 2021 @06:28PM
(#28588528)
> At this point, I'd rather see a Basic Income that goes to all low income Americans. They could use the money for anything.
If you apply this logic to other government subsidized programs, where we remove the subsidies and give people some cash, you'll quickly run into problems.
Look at how much money it costs to simply buy health coverage on the individual market for a family with one kid with no subsidies. It's $16k - $24k in yearly premiums, with $6k - $12k yearly deductibles, and $17k+ yearly out of pocket maximums. Almost all of the proposed UBI amounts would go towards just the premiums alone, without even getting into deductibles, out of pocket maximums, copays or out of network care.
The situation many families would face would be a choice between being able to see a doctor, receiving adequate and safe childcare, paying rent, etc.
If you apply this logic to other government subsidized programs, where we remove the subsidies and give people some cash, you'll quickly run into problems.
Look at how much money it costs to simply buy health coverage on the individual market for a family with one kid with no subsidies. It's $16k - $24k in yearly premiums, with $6k - $12k yearly deductibles, and $17k+ yearly out of pocket maximums. Almost all of the proposed UBI amounts would go towards just the premiums alone, without even getting into deductibles, out of pocket maximums, copays or out of network care.
The situation many families would face would be a choice between being able to see a doctor, receiving adequate and safe childcare, paying rent, etc.