Vermont giving up on Single Payor HC due to ballooning costs. LMFAO

[Soul Crusher]

http://www.foxnews.com/politics/2014/12/17/vermonts-giving-up-on-single-payer-health-care-over-ballooning-costs



Typical left wing liberal socialist failure run amok as always. 

[dario73]

HHEHEHEHEHE!

Where are all the supporters for single payer system? It doesn't work anywhere else without increasing taxes, without degrading the quality of care, nor without causing more finacial strain and monetary loss to the country.

Pay attention libtard goofballs.  Look at the following facts from the article:

Tax hikes required to pay for the system would include a 11.5 percent payroll tax as well as an additional income tax ranging all the way up to 9.5 percent. Shumlin admitted that in the current climate, such a precipitous hike would be disastrous for Vermont’s economy.

But beyond federal funding, the report also admits that the single-payer system won’t save money as Vermont officials had planned. While both previous reports on Green Mountain Care had assumed “hundreds of millions of dollars” in savings in the very first year of operation, Shumlin’s office is now admitting that’s “not practical to achieve.”

[Soul Crusher]

Posted on December 21, 2014 at 8:32:07 AM EST by Libloather

**SNIP**

“It is not the right time for Vermont” to pass a single-payer system, Shumlin acknowledged in a public statement ending his signature initiative. He concluded the 11.5 percent payroll assessments on businesses and sliding premiums up to 9.5 percent of individuals’ income “might hurt our economy.”

Vermont’s outcome is a “small speed bump,” said New York Assembly member Richard Gottfried, who’s been pushing single-payer bills for more than 20 years. But opponents says it’s the end of the road.

“If cobalt blue Vermont couldn’t find a way to make single-payer happen, then it’s very unlikely that any other state will,” said Jack Mozloom, spokesman for the National Federation of Independent Business.

(Excerpt) Read more at politico.com ...