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Posted on 10/29/2009 8:36:00 AM PDT by MaestroLC
This is the official pdf from the U.S. House of Representatives unveiled by Nancy Pelosi today.
It is 1,990 pages.
what page is this?
We have to cover our children until they are 27?
Once the entire document is downloaded to your computer, you can use the find feature in the upper right hand corner of the document to search.
2.5% penalty is much cheaper than what I pay now, what does that get me on the public side? hehe
‘‘SEC. 59C. SURCHARGE ON HIGH INCOME INDIVIDUALS.
‘‘(a) GENERAL RULE.—In the case of a taxpayer other than a corporation, there is hereby imposed (in addition to any other tax imposed by this subtitle) a tax equal to 5.4 percent of so much of the modified adjusted gross income of the taxpayer as exceeds $1,000,000.
‘‘(b) TAXPAYERS NOT MAKING A JOINT RETURN.—
In the case of any taxpayer other than a taxpayer making a joint return under section 6013 or a surviving spouse (as defined in section 2(a)), subsection (a) shall be applied by substituting ‘$500,000’ for ‘$1,000,000’.
‘‘(c) MODIFIED ADJUSTED GROSS INCOME.—
For purposes of this section, the term ‘modified adjusted gross income’ means adjusted gross income reduced by any deduction (not taken into account in determining adjusted gross income) allowed for investment interest (as defined in section 163(d)). In the case of an estate or trust, adjusted gross income shall be determined as provided in section 67(e).
Rep. John Larson (D-CT-1)
202-225-2265
202-225-1031 fax
Rep. Joe Courtney (D-CT-2)
202-225-2076
202-225-4977 fax
Rep. Rosa DeLauro (D-CT-3)
202-225-3661
202-225-4890 fax
Rep. Jim Himes (D-CT-4)
202-225-5541
202-225-9629 fax
http://himes.house.gov/index.html
Rep. Chris Murphy (D-CT-5)
202-225-4476
202-225-5933 fax
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2 COVERAGE.
3 (a) GRANDFATHERED HEALTH INSURANCE COV
4 ERAGE DEFINED.—Subject to the succeeding provisions of
5 this section, for purposes of establishing acceptable cov
6 erage under this division, the term ‘‘grandfathered health
7 insurance coverage’’ means individual health insurance
8 coverage that is offered and in force and effect before the
9 first day of Y1 if the following conditions are met:
10 (1) LIMITATION ON NEW ENROLLMENT.—
11 (A) IN GENERAL.—Except as provided in
12 this paragraph, the individual health insurance
13 issuer offering such coverage does not enroll
14 any individual in such coverage if the first ef
15 fective date of coverage is on or after the first
16 day of Y1.
Am I reading this correctly that a person can keep their current coverage as long as the insurance company does not offer any more individual policies to anyone? So everyone will eventually be rolled in to the government's program? Seems like that was in the previous "bill" that was released.
And of course it also looks like the pre-existing conditions coverage nonsense is in it.
I wonder who write THIS particular monstrosity. Was it the Apollo Alliance once again, the same group that wrote the stimulus bill?
There you have it... And those stupid liberals thought things like denials and waiting lists or RATIONING of care would be gone? HA! Thank you for pulling that out... Posting to my facebook in a bit...
LOL. Not just "Without Coverage", but "Without ACCEPTABLE Coverage."
Gee, I wonder who gets to decide what's "acceptable." I know it won't be me....
So, are you saying you SUPPORT this bill then?
They’ll probably push the age for Student loans up to 27, too. Which means that kids like me — who move out when they are 18 will still be considered as children and not eligible for student loans NOT based upon their parents’ income... 27 years old is pushing it WAY too far, IMHO.
What is the first day of Y1??? My husband just changed jobs and we won’t be eligible for his new insurance for 90 days. Does this mean my family will HAVE to be on the “public option” for the rest of our lives with NO choice?!?!?!
Someone, please do get back to me on this if I’m reading it wrong!!! Is this just for INDIVIDUAL policies or GROUP policies???
Darn, my dad made me start paying my own way when I was 18. Oh wait. Maybe that is why I have been self sufficient for the past 40 years. Thanks dad.
Page 110 - The public health insurance option shall provide coverage for abortions.
http://cbo.gov/ftpdocs/106xx/doc10688/hr3962Rangel.pdf
This is the Congressional Budget Office’s letter to Rangel which summarizes the bill.
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