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Health Care: Who has an opinion on this?

01/21/2010

Source: Counterpuch.  This from someone who works on budget issues in Congress. If this true, this list would explain why Insurance stocks just rose to all time highs.

This is Health Care Reform?

• Forces you to pay up to 8% of your income to private insurance
corporations – whether you want to or not.
• If you refuse to buy the insurance, you’ll have to pay penalties of up to 2% of your annual income to the IRS.
• Many will be forced to buy poor-quality insurance they can’t afford to use, with $11,900 in annual out-of-pocket expenses over and above their annual premiums.
• Massive restriction on a woman’s right to choose, designed to trigger a challenge to Roe v. Wade in the Supreme Court.
• Paid for by taxes on the middle-class insurance plan you have right now through your employer, causing them to cut back benefits and increase copays.
• Many of the taxes to pay for the bill start now, but most Americans won’t see any benefits – like an end to discrimination against those with preexisting conditions – until 2014, when the program begins.
• Allows insurance companies to charge people who are older 300% more than others.
• Grants monopolies to drug companies that will keep generic versions of expensive biotech drugs from ever coming to market.
• No re-importation of prescription drugs, which would save consumers $100 billion over 10 years.
• The cost of medical care will continue to rise, and insurance premiums for a family of four will rise an average of $1,000 a year – meaning, in 10 years, your family’s insurance premium will be $10,000 more annually than it is right now.

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