This letter was written to Governor Snyder and sent to Sen. Tom Casperson and Rep. Ed McBroom as well.
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Having read the article in my local newspaper about the proposed legislation before the Senate to convert the health care insurer Michigan Blue Cross Blue Shield from a non-profit corporation to that of a "profit corporation" so that it would be required to pay state and local taxes ranging in the amount of $100 million dollars per year (and supported by you, and other slick government officials), I truly believed that I should express my feelings about such idea.
I must ask "Whom do you truly believe will be required to pay the increases in operating expenses for BSBC, other than we the policy holders?" Our policy with BCBS is for just a basic coverage costing us now $970.08 per year for my wife and me. How much of an increase in premium if this proposal is approved is anybody's guess, but an expense of $100 million or more per year is no small amount and surely will not and can not be absorbed with the current revenue, with all us knowing how fast health care expenses are rising each and every year.
USA Today dated Sept. 12, 2012, contained an article stating that the average health care premium averaged $15,745 presumably for a family of four. On the basis of a working year of 2,080 hours, such premium cost equals the sum of $7.56 per hour, approximating the hourly rate for a current minimum wage job in today's economy.
Another article in my local newspaper dated Sept. 22, 2012, said the state-wide income fell from 2010 to 2011 by 1.5 percent, and that the people living in poverty increased from 16.8 to 17.5 percent, per U.S. Census Bureau, here in Michigan.
Also, just review the Statutory Assessment per motor vehicle to cover unlimited medical expenses approved under the "No Fault" insurance, which I truly believe is nothing more that "A License to Steal by the Long Term Health Care sector of our society." Oh yes, and governed by a group or body who is accountable for no one from all that I've read.
Health care expenses must be controlled. And to do that under our greedy capitalistic system, I truly believe health care must be provided on either a "non profit" basis, or on a cost plus a nominal, reasonable return on investment basis. Otherwise, such expenses will drive this country into bankruptcy. Thank you for permitting me to express my thoughts on this illogical, irrational and ridiculous piece of legislation based upon all that I can learn from my local newspaper.
PS: Is it any wonder people currently drive without motor vehicle insurance.