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house of reps voting on hr 3962 today?
Published Nov. 7, 2009Views: 442
Its been a long time since I've blogged about anything. So, what's getting me to do a blog on a beautiful Saturday morning? Glad you asked. I was looking at the news and CSPAN this morning and wondering why the House was in session today. The main reason they are in is to discuss and vote on HR3962 (Pelosi health care bill) I started looking at a few things about the bill and one thing in particular caught my eye. From the Ways and Means Republican site:
http://republicans.waysandmeans.house.gov/News/DocumentSingle.aspx?DocumentID=153583
SNIP.." The JCT letter makes clear that Americans who do not maintain “acceptable health insurance coverage” and who choose not to pay the bill’s new individual mandate tax (generally 2.5% of income), are subject to numerous civil and criminal penalties, including criminal fines of up to $250,000 and imprisonment of up to five years"
Letter from JCT: http://republicans.waysandmeans.house.gov/UploadedFiles/JCTletter110509.pdf
Go ahead and read the letter and pay particular attention to the paragraphs on civil and criminal penalties.
For added measure, let's toss in what the CBO has to say about the cost of this program: http://cbo.gov/ftpdocs/106xx/doc10691/hr3962SubsidiesRangelLtr.pdf
While you are reading the letter from the CBO take note of the chart at the end of the letter.
Now let me say this: Do I think that health care in the US is in need of massive overhaul? YES YES YES.
BUT I don't want our government MANDATING that someone has to have health insurance and if you don't (for whatever reason) You CAN be fined and tossed in jail.
I do think that everyone SHOULD have health insurance but again, the government shouldn't be forcing you to buy anything and if you don't fine and imprison you.
There was a Congressman on CSPAN this morning that said that we need to redefine freedom to include the health of the people. Ok, I can buy into that statement but I can't buy into paying for someone else's freedom out of my own pocket. (That doesn't mean I'm against paying taxes that go to defending the freedoms in this country)
Maybe they should have an adopt the unisured program instead. You know the kind of program where if you want to you can adopt someone who is uninsured and you can pay their insurance premiums for them.
You see I believe that your rights end where mine begin and mine end where yours begin. Don't infringe on my rights and I won't infringe on yours!!
This is my opinion and I'm sticking to it!
Filed under: Government
34 Comments
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Why can't we just learn to do without health insurance of any kind.
GOLO member since January 29, 2008
November 7, 2009 3:18 p.m.
ElCid may see this reform as effective, but I don't. Something else, and a lot more has to be done, and this change undone, creating wasted time and money.
The media is hyping up that this is it for Obama, now or never, and I don't accept that at all. Health care cost are a tsunami out to sea and headed this way on the wave of my generation retiring. Something has to be done now to prepare for then. Whatever this is now, isn't it. So we wait until 2013, then some years and adjustments, and then have across the board reform?
GOLO member since January 20, 2008
November 7, 2009 1:12 p.m.
>>The system as it exists is already massively subsidized by the taxpayers, so this wouldn't add a burden to you that isn't already there.
GOLO member since January 20, 2008
November 7, 2009 1:10 p.m.
GOLO member since August 13, 2009
November 7, 2009 12:28 p.m.
The market will always find a way around a price control.
GOLO member since July 17, 2007
November 7, 2009 12:26 p.m.
Have you ever seen the VAT formula and I thought the current IRS formulas were confusing
GOLO member since August 13, 2009
November 7, 2009 12:19 p.m.
If you remove the employers from the equation, and put insurers in the position of having to compete with one another (again, across state lines) for individual insureds directly, you'll see prices come down. As it is, companies pay the bulk of the cost and recoup it via tax credits, so there is no incentive to control costs.
GOLO member since September 6, 2007
November 7, 2009 12:19 p.m.
Even if you have no income, you qualify for the nonrefundable credit in order to purchase insurance. Heck, if they have to, the insurers can send the bill for a basic coverage plan directly to the government to be reimbursed (up to the maximum of the credit itself.)
That way, everybody gets coverage and nobody is getting a refund check.
The system as it exists is already massively subsidized by the taxpayers, so this wouldn't add a burden to you that isn't already there. It WOULD serve to cap that burden though, and in the flip you have corporations paying income taxes on at least a portion of the ~$390 billion per year they currently avoid taxation on (due to spending it on health care benefits for their employees.)
GOLO member since September 6, 2007
November 7, 2009 12:17 p.m.
GOLO member since July 17, 2007
November 7, 2009 12:16 p.m.
Price controls are economic suicide.
One reason insurance costs are increasing is because, over the years, more and more coverage mandates have been passed into law. A lot of places mandate coverage for things like chiropractic treatment, accupuncture, marriage counseling, drug addiction, etc. etc. Catastrophic policies are virtually gone - you have to pay for coverage for things people like me would never use and you can't buy a policy that covers just what you want.
GOLO member since July 17, 2007
November 7, 2009 12:14 p.m.
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