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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWish to god there was a way that McCain loses his health care insurance. nt
SoCalMusicLover
(3,194 posts)I wish to god there was a way I become a basketball player!
But I'm 51 and only 5'5".
elehhhhna
(32,076 posts)Va Lefty
(6,252 posts)atreides1
(16,079 posts)His personal wealth, his senate health care, or his VA coverage! Not likely he'd lose all three options at the same time!!!
But for now we tax payers will be footing his bill!!!
cbreezen
(694 posts)know that my husband died from complications from cancer. He was totally against any type of government involvement in health care. He also happened to be a Republican. I don't know if he might have changed his mind in the future, but the last thing I would ever think of doing is ripping his or anyone's health insurance from them just to prove a point.
Bradshaw3
(7,521 posts)and still takes government health insurance even though his wife's family is one of the richest in Arizona. Fuck that phony asshole.
Meowmee
(5,164 posts)But it wouldn't matter- he or his wealthy wife can afford to pay for his care completely out of pocket most likely. At least we wouldn't be paying for it.
earthshine
(1,642 posts)We keep hearing that if the ACA is repealed, 26 million will lose their insurance.
What you don't hear is how health care will get worse for ALL of us if this happens.
TeamPooka
(24,225 posts)matt819
(10,749 posts)According to the intertubes, McCain's net worth is $21 million, and his wife's net work some years ago was $100 million or so. Insurance doesn't matter to these people. They can pay cash.
A little arithmetic. If his recent medical issues cost $250,000, that's 2/10 of 1 percent of their net worth. I'll assume that some of that net worth is liquid.
Now for a comparison to what that might mean for you. Let's say your net worth is $100,000 - some cash in the bank, maybe a small IRA, equity in your house. That same 2/10 of 1 percent comes to about $200. So your $200 expenditure is equivalent to their $250,000 expenditure. Insurance? Sure, nice to have if you're rich, but essentially meaningless.
Now let's continue my arithmetic exercise. Let's say their net worth increases by 1% - capital gains, dividends, income, whatever. In a year they now have an additional $1.2 million. So their annual increase in net worth would cover that medical bill 5 times over.
Yes, the rich are different.
Laffy Kat
(16,377 posts)madaboutharry
(40,210 posts)His wife has 100 million dollars. Money doesn't mean anything to these people.