Posted on 03/18/2010 6:55:37 PM PDT by Nachum
(CNSNews.com) – If Congress passes the Senate health-care plan, according to an analysis by the Congressional Budget Office, American families will be required by federal law to buy a federally approved health insurance plan that will cost a minimum of $12,000 per year--and, on average, will cost $15,000 per year -- whether their employer or the government helps them with the premium or not.
Beginning in 2014, the Senate plan would require all individuals to buy health insurance. Anyone who does not obtain insurance through an employer would be forced to buy it out of their own pocket. Families of four that make up to 400 percent of poverty level--currently $88,200 per year--would receive a subsidy from the government to help pay for their premiums. That subsidy would attenuate as their income increased and would disappear when their income reached the 400 percent of poverty level.
(Excerpt) Read more at cnsnews.com ...
I'll be buying massive put options on every healthcare company. If this passes they will all be at ZERO in 4 years.
Is the increase in tax on cap gains for everyone or just those with taxable income > 250K?
I tracked down the proposed 2.9% medicare tax on investment income and that appears to be only for the “rich.”
FUBO!
You are describing my daughter’s inlaws to a tee.
No amount of emails will convince them of anything.
They think bammy walks on water.
GRRR !!!!!!!!!!!!
I say let this disguised “health care” pass. Let the pieces fall where they may.
We have been heading for a good toilet cleaning for some time.
There are not enough government goons to go around. Government goons who arrest us will be in short supply in short order.
Anybody else sick & tired of this over-regulation and insanity?
I guess I’m really on their list now.
bttt
Get taxed the first ‘4’ years( yeah, right ), and then the government will ‘give’ you, a type, of ‘health care’.
It is like giving a street crack dealer your money and waiting on the corner for him to come back with the ‘goods’.
Who would be so stupid?
Any indication what the fine would be for “Failure to Purchase”?
These numbers comport with earlier reports on the costs to individuals and families when the senate bill first came out. The Kaiser Family Foundation has a website where you can compute your cost based on the senate version of the bill. Mine will come out to $760.00 a month.
I believe the fine is smaller than the cost of insurance.
No insurance for me, then.
Bye, bye employer provided insurance plans and hello government can you please take my temp? Not just NO, but HELL NO, PLEASE DIE.
The small business I work for, is already planning this. We simply can't afford it anymore.
So basically this is a mandated tax for the privilege of being alive.
Life Tax... Tea Tax... without representation.
How’d that all work out again?
Health care costs are killing America, citizens and business alike. The only thing the Dems have come up with to "control" these costs is to ration health care. There are other solutions, but we all know the end goal of this administration is control. It never has been about fixing health care.
Great thread, everyone...
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