Article about the alleged "safety net"

[joeydb]

Originally Posted by Danzig

it's not a transfer of wealth, unless i missed the tax increase to pay for this new stuff?
as for those whose premiums went up due to having their plans cancelled, they are getting more coverages. their lifetime maximums are no more.

like i said, i don't like the law. it's way too convoluted. but something had to be done, plenty still has to be done.




thanks for the laugh.

Sure it's a transfer of wealth. You are mandated to buy insurance. Mandated. Now those rates skyrocket. So the money leaves your pocket whether you call it a tax, a fee, a fine (which is applied if you -gasp- refuse to participate), or an insurance premium. What they all have in common is the MANDATORY nature of them. The money will be taken from you - call it what you want.