No individual, company, business, nonprofit entity, or health insurance issuer offering group or individual health insurance coverage shall be required to participate in any Federal health insurance program created under this Act (or any amendments made by this Act), or in any Federal health insurance program expanded by this Act (or any such amendments), and there shall be no penalty or fine imposed upon any such issuer for choosing not to participate in such programs.
That whole "individual" thing tells a different story. Unless you have a different definition?
Right after the portion of the sentence you are focused on it clearly states: “offering group or individual health insurance coverage shall be required...”.
Re-read it, it refers to people (business owners as a group [like a board of directors], or individuals owning /running a business).
What are businesses or corporations other than groups of people?
This discusses those that provide insurance, not those who wish to be (or not be) insured.
It applies to those “offering group or individual health insurance”.
Here is the section in its entirety:
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42 USC § 18115 - Freedom not to participate in Federal health insurance programs
“No individual, company, business, nonprofit entity, or health insurance issuer offering group or individual health insurance coverage shall be required to participate in any Federal health insurance program created under this Act (or any amendments made by this Act), or in any Federal health insurance program expanded by this Act (or any such amendments), and there shall be no penalty or fine imposed upon any such issuer for choosing not to participate in such programs.”
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Here is the Free Republic thread on the subject from last January:
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http://www.freerepublic.com/focus/chat/3109998/posts
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