Posted on 09/25/2009 12:42:09 PM PDT by reaganaut1
House Democrats are considering an insurance tax to help pay for their health care overhaul plan, even though such a funding scheme is bitterly opposed by labor unions that are among the party's most loyal constituencies.
House Speaker Nancy Pelosi, D-Calif., said Friday a tax on high-cost health insurance plans is "under consideration" as Democrats search for consensus within their ranks before taking a bill to the House floor later this fall.
"We just have to see how much money we need for what," Pelosi said. "And if we're taking the bill down in cost, there are other provisions in the Senate bill that bend the (costs) curve that might be more palatable. We'll see."
Pelosi didn't specify what other provisions she might find more acceptable. An aide said that if the House does incorporate an insurance tax in its plan, it would probably be a more modest one than what Senate Finance Chairman Max Baucus, D-Mont., has proposed.
The House Democratic plan calls for raising income taxes on upper-income people to pay for covering the uninsured. Baucus has instead proposed a tax on high-cost insurance plans worth more than $8,000 for an individual policy and $21,000 for family coverage.
Proponents of the insurance tax, which President Barack Obama has endorsed, say it would help to lower health care costs by encouraging people to become more cost-conscious health care consumers.
Some of the high-cost plans are so expensive because they come with no co-payments or deductibles, and cover every dollar spent for health care. Not all of them provide such "Cadillac" benefits, however. Some are very expensive because they're sold to companies with older employees, or workers in high-risk occupations.
(Excerpt) Read more at news.yahoo.com ...
Wait a minute here if you do the responsible thing and buy good health insurance instead of expecting someone else to pay it for you, you get taxed for that? They are insane.
I have this strange and uncomfortable feeling that the people running this country haven’t a clue what they are talking about.
Income tax increase? WTH?
It’s all about creating another “kitty” like SS, Medicare, Medicaid....Unsustainable.....without monies from participants.
BUMP
If House Democrats adopt the insurance tax, it may help them to reduce the income tax increase that they’ve proposed.
Whoa, there, didn’t your dear leader claim that there will be no tax increases for anyone making under 250,000 per year. Someone needs to get these two tidbits of hypocrisy in one nicely timed ad.
Now would be a great time to start with the
Candidate Obama promised this.....
President Obama attempts to deliver this....
There is NOTHING good about this bill and never will be!
And after they lather all their mandates on, what insurance won’t cost more than $8,000?
Well, I expect they will just exempt the unions from anything like this, so it should not be any problem.
TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.TAX,TAX,TAX,TAX, TAX.
“I have this strange and uncomfortable feeling that the people running this country haven’t a clue what they are talking about.”
Whatever gave you that idea?
Uh, HELLO!!! LIBERALS!!!!
Proponents of the insurance tax, which President Barack Obama has endorsed, say it would help to lower health care costs by encouraging people to become more cost-conscious health care consumers
That’s the money line right there.
Their goal is to make people be more “cost conscious health care consumers” which is a pleasent euphemism of “we will make you use less health care”.
We need to calm down and let the dims pass whatever they want. They WILL over reach, they always do. Once they have their health care and cap & tax, the GOP comes out and states a new bond, a new contract with America;
“Elect us in 2010 and 2012 and we will repeal it ALL.”
Must be someone out there who has the talent to put that ad together.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.