7/3/09

Health Care Plan Being Yakked About

A new senate health care plan being talked about right now plans to fine you at least or more than $1,000 - if you don't sign up for it. Just like you are required to get automobile insurance, the government wants to require you to get their health insurance as well (subsidies will be given to the poor and some middle-class families). If you don't, it'll cost you fines of more than $1,000! Families would pay more in fines than an individual person would.

They're calling it "shared responsibility payments". The fines would be used to help offset some of the cost of their health plan.

My question - if EVERYBODY must buy into the government's health plan, then I would assume employers would no longer have to offer insurance? Does that mean employers will raise wages since they wouldn't have to pay health insurance anymore?

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