Is it true that this bill requires Americans to purchase government approved insurance only?
Is this true?!
I don’t know but thats where its headed.
Anybody a member of a Medi-Share program? I think those are going to be done away with by this bill.
As I understand it this is true because you will be forced under penalty of $250,000 fine and five years jail time to buy some sort of health insurance and all health insurance policies will have to meet minimum government mandated services, essentially making all health insurance policies the "government" option.
My understanding is that by 2013, private insurance will be phased out.