One of problems with obamacare are the people who want it are the ones who can't pay for any insurance in the first place. 2 people so far makes perfect sense to me.
Isn't participation mandatory?
One of problems with obamacare are the people who want it are the ones who can't pay for any insurance in the first place. 2 people so far makes perfect sense to me.
Let's assume that in the beginning Inusrance companies do pass off the costs.. wouldn't the free market eventaully kick in and bring costs down? I would assume that other companies would lower costs to bring in business from those leaving the high priced insurance plans?
@CG:
Non-participation is a mulct, I think; a fine, essentially. $7500, max(?)
They can't really force you to buy insurance, but they will take the fine for you being out of compliance with the law.
"Reform" creates the paying customers, i.e., the new class of offenders subject to justice.
Actually, the smart consumers will gladly pay the fine. It's less than one months premium. Just pay the fine and then buy insurance when you get really sick.
Doesn't the fine would increase over time?
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