Sunday, July 26, 2009

Healh Care (TakeOver) Reform: Choice Removed and New 8% Business Tax and Video

As a business owner my taxes are going up because I employ other people. I can reduce my taxes by paying people less or by employing less people. Therefore the proposed health care takeover plan will decrease employment opportunities.

Creating a government run monopoly by forcably removing competition's ability to get new customers or create competitive/needed changes will run all current insurance companies out of business.

With this being a very important issue, why isn't there an outcry of people over this terrible idea.

What is the silverlining of this terrible bill: We have the freedom to vote for a new president and new congressmen that will remove these disasters by creating 'change for the better' and not 'change for the worse'.

Health Care Reform Bill (http://energycommerce.house.gov/Press_111/20090714/aahca.pdf) has (at least) 2 objectional pieces that I think should be exposed:

PAGE 16: Everyone currently paying for their insurance will be forced to use the government health care within a few years when Health Insurance Companies are forced out of business.

Page 16 starts out at saying that Insurance companies will not be able to get 'new customers' after the Health Care Reform Bill begins on Y1.

GRANDFATHERED HEALTH INSURANCE COVERAGE DEFINED.—Subject to the succeeding provisions of this section, for purposes of establishing acceptable coverage under this division, the term ‘‘grandfathered health insurance coverage’’ means individual health insurance coverage that is offered and in force and effect before the first day of Y1 if the following conditions are met: IN GENERAL.—Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day of Y1...

Then Page 16 says that individuals will not be able to make changes to their insurance coverage. If they do, then they will be required to use the gov't health insurance plan.

LIMITATION ON CHANGES IN TERMS OR CONDITIONS.—Subject to paragraph (3) and except as required by law, the issuer does not change any of its terms or conditions, including benefits and cost-sharing, from those in effect as of the day before the first day of Y1.

Page 150. Businesses that pay a total salary of 400,000 or more will be forced to pay 8% of their employee's salary as a new federal tax to cover this health care.

In the case of any employer who is a small employer for any calendar year, subsection (a) shall be applied by substituting the applicable percentage determined in accordance with the following table for ‘‘8 percent’’:







No comments: