Sam Spade
SamSpade
Atlas Star
Posts: 27,547
|
|
« on: March 24, 2010, 03:47:12 PM » |
|
I basically agree with Torie on this proposal.
The basic problem with the "fine" system in Obamacare as it is designed to come into effect into 2014 is that the fine you pay for not having insurance is greatly less than the lowest cost health plan offered, in most circumstances even if you qualify for subsidies. Since there is no pre-existing condition exclusion, healthy people will figure out quite quickly this arbitrage benefit and drop their health insurance. In turn, health care companies go ka-boom. But don't think the health care companies don't know this already.
|