Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” —Ronald Reagan
INSIDERS WHO ARE PRIVY TO OBAMA’S HEALTH CARE PITCH TO CONGRESS AND THE AMERICAN PUBLIC TONIGHT SAY THAT HE WILL PUSH HARD FOR THE “GOVERNMENT OPTION”.
And in his proposal he will include a fine for those families that do not have health insurance that reportedly is as follows.
Democratic plans call for requiring most Americans to carry health insurance. Failure to comply could cost families as much as $3,800 a year, according to a new Senate proposal.
The president is likely to say tonight that a government-run insurance plan, known as the “public option,” will not provide a level of subsidies that give it an unfair advantage over private insurers, according to aides familiar with the speech preparations.
This of course is a bold faced lie. When the government runs a health plan as they have done with Medicare for decades. They do not have to worry about deficit spending! The tax payer is always there! Private insures cannot compete with a deficit spender health care scheme. To exist private insurance companies, and there are 1300 company’s that sell health insurance, must pay taxes and make a profit, unlike the Federal govt.
Under a new Senate plan, people who earn between 100% and 300% of the poverty level (or between about $22,000 a year and $66,000 a year for a family of four) would face fees ranging from $750 to $1,500 a year.
For taxpayers with incomes above 300% of poverty, the penalty starts at $950 a year and reaches as high as $3,800 for families. Nearly 12 million people fit in this category, according to the National Institute for Health Care Management.
The idea behind the penalty is that those who can afford insurance but don’t buy it are imposing costs on the entire health system. Under the proposal, nearly 12 million people who currently have no insurance could be subject to such fines, according to figures compiled by the National Institute for Health Care Management.
Starting next year, the plan also calls for annual fees of $6 billion on health-insurance providers, $4 billion for medical-device makers, $2.3 billion on drug makers and $750 million on clinical laboratories. The fees would be levied on individual companies based on market share. Insurers also face an excise tax of 35% for any health plan worth more than $8,000 a year for individuals and $21,000 a year for families.If this is not undermining the private insurers nothing is!!
Karen Ignagni, chief executive of America’s Health Insurance Plans, an industry lobbying group, said the new fees would make it more difficult for health insurers to contain rising costs. “Our members are talking about that being at odds with the goal of cost containment,” she said.
Congressional leaders, meanwhile, breathed new life into a proposal for a legislative mechanism to trigger a public plan if private insurers fail to reduce health-care inflation or cover the uninsured.This in my opinion is a trigger aimed at private insurers that is intended to clear the competition for single payer health insurance–SOCIALISM!!
There is little doubt that if the government expands the pool of covered people with the present number of doctors and nurses. There will eventually be a need to ration care.
Obama talks about people and families going bankrupt because of large uncovered catastrophic illness or accident. What he does not address is the number of people who will die because of the rationing of care to the elderly and infirmed because of cost containment.
The United States had over 17,000 people killed by drunk drivers in 2008, and many of those drunk drivers had no automobile insurance.
But the striking difference between the fine for a first time drunk driver averages $250 -$500 in the State of Florida.Yet the Democrats in Congress and Obama plan to fine a family or person for not having health insurance from each year from an estimated $700 to $22,000!
This is the beginning of taxation disguised as fines for failing to confirm to the “common good”. This is an other example of the attitude of totalitarian rule that Obamamaniacs have in store for the American public in their CHANGE That We Can Believe In!
I do not think that intimidation and fines for non-conforming to government mandates is the path our founders put us on when they wrote the Constitution and Bill of Rights? It sounds more like the road to tyrannical control over the average American that the elite politicians and their wealthy supporters will never have to be forced to participate!