Letters by Joe Zuber (Herald, Oct. 2) and Carol Lewin (Herald, Oct. 3), repeat misunderstandings about Amendment 69.
Here are facts:
“Highest taxes, repel businesses, kill jobs”: Context is everything. $25 billion tax buys excellent health care, versus $30 billion we currently spend for lousy industry insurance. Plus, industry rates will skyrocket 16 percent to 42 percent again in 2017. Annually, ColoradoCare saves our state government $147.3 million, and saves us residents $4.5 billion – confirmed by the state of Colorado Fiscal Impact Statement. That’s $4.5 billion mainly spent in local businesses or $28,660 potential new revenue, per business. Plus, 6.67 percent tax on businesses equals half of the current average 13.5 percent premium cost. 32,000 new jobs are projected. See http://www.coloradocare.org/amendment/saving-cities-millions/ to see why local taxes would probably drop. Retirement income is only taxed above large exemptions, up to $60,000 per couple. Currently, medical emergencies cause 60 percent of bankruptcies, 50 percent of foreclosures, which would be prevented with ColoradoCare.“No control over tax hikes”: ColoradoCare creates a legal cooperative owned and controlled democratically by all voting-age Coloradans. We elect supervisors in Section 5 (1), and voters have complete control over any rate increase in Section 9 (8) – the reverse of corporate dictatorship.“Covered while traveling, residency requirements, privacy?” Travel is covered – Section 5 (4) (n). One-year residency is required for members – Section 2 (11). Federal law mandates privacy requirements for all states.“Opposed by many”: True, the establishment of Colorado wealth opposes ColoradoCare, including governors, senators, chambers of commerce. But follow the money. They all have huge financial interest in this rigged system. Example: Colorado Gov. Hickenlooper received $300,000 from just two insurance companies. ColoradoCare absolutely benefits 80 percent of us; these wealthiest already have health care.“Poor government-run health care”: ColoradoCare is based on 50 years of Medicare efficiency (administrative costs 2 percent to 3 percent, versus industry’s rat-tunnel maze 20 percent to 30 percent). All funds go to health care, not profit.Ignore the falsehoods and do your own research. Vote “yes” for Amendment 69, “expanded Medicare.”