Politics
Out of context: Reply #11304
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- BattleAxe0
so from what I have read so far
if you have insurance , nothing happens you will pay the same if not even more after 2013 when 40 percent tax on the excess premiums kicks in, other than no more life time caps ,
if you can't get insurance due to pre existing condition you can get a "high risk plan" or hope your condition holds up till 2014 when all plans must drop the pre existing condition clause
everyone must be covered or face a fine(tax) of 1% of income or $95 the first year and goes up from there
creates state run insurance exchange where you can shop around for subsidized plans ,
in short a win for the Health Insurance Industry , take away some of the restrictions they put in place to maximize profits , but in return they get to go after every single American and get paid by Uncle Sam for doing so , how nice