Quote:
Originally Posted by dyna mo
it's astonishing to me that some of you come to gfy and someone named kane to get your facts
from page 167 of h.r 3200
Any individual who doesn?t have acceptable health care will be taxed 2.5% of income.
This is the mechanism in the bill to enforce the individual mandate requiring everyone to have insurance. A person who doesn?t have insurance that meets minimum benefit standards (or other acceptable coverage, such as a plan that was grandfathered in) would pay a penalty of 2.5 percent of modified adjusted gross income for the year. The total penalty can?t exceed a national average premium for individual coverage, or family coverage if applicable.
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This is what I was talking about. This is direct quote from the text of his speech:
"Much of the rest would be paid for with revenues from the very same drug and insurance companies that stand to benefit from tens of millions of new customers.
And this reform will charge insurance companies a fee for their most expensive policies, which will encourage them to provide greater value for the money -- an idea which has the support of Democratic and Republican experts."
I'm not a lawyer but that sounds like adding a fee to policies. Which policies will be effected by these fees remains to be seen.