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Health insurance

Econ 2.08

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Career: Computer Scientist Income (before tax) $120,000.00 Total Yearly Budget $65,000 Total Yearly Expenses $54,381 Net Income (after tax) $86,016.25 Difference (net income minus expenses) $31,635.25 Entertainment Yearly Cost Video/DVD ?$20 Vacation ?$700 Other ?$300 Subtotals ?$1020 Other Credit Debt Yearly Cost Student Loan ?$6,000 Credit Card ?$500 Credit Card ?$500 Other ?$300 Subtotals ?$7,300 Utilities Yearly Cost Phone and/or Cell Phone ?$720 Cable and Internet ?$840 Electric and Gas ?$1220 Water and Sewer ?$650 Waste Removal ?$300 Subtotals ?$3730 Personal Care Yearly Cost Health Insurance ?$3,420 Other Medical Costs ?$400 Hair/Nails ?$50 Clothing & Laundry ?$300 Health Club

Chapter 17 Outline: American Government 9th Ed., Wilson&Dilulio

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Samuel Choi CHAPTER 17 OUTLINE: SOCIAL WELFARE Introduction There are two kinds of welfare programs Programs that help many people, Ex. Medicare, Social Security No means test, available to everyone Deals with majoritarian politics, everyone pays, everyone benefits. Programs that help few people Ex. Medicaid, welfare Means tested, available to only those below a certain income level. Deals with client politics, everyone pays, few people benefit Problems occur with both majoritarian and client politics Majoritarian: Who pays for the programs? Client Politics: Who should benefit, and how should they be served? Social Welfare in the United States? Social Welfare policy is affected by three factors Americans have a more restrictive view on who should receive benefits
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