I don’t know about you, but I think this health reform stuff is going to be GREAT!
I currently have a pretty good deal. I’m 62 years old with high blood pressure and cholesterol. I pay $322/month ($3,864 a year) for an HSA qualifying policy with a $2,500 deductible.
I know I won’t be able to keep that coverage after reform goes through, but that’s okay. I won’t need it any more.
You see, insurance companies will no longer be allowed to consider my pre-existing conditions in giving me coverage. They won’t even be able to raise my premiums much because of my age. Even though I’m a couch potato, they will have to charge me no more than twice what they charge a 25-year old marathon runner!
But it gets even better. I will be able to drop my coverage completely and save myself almost $4,000 a year, knowing that if I ever get sick and need services, I can sign-up and get coverage immediately. Not only that, but I will be able to sign-up, get the service I need, and drop the coverage the next month.
Oh. sure, there will be a “penalty” for not being covered. But so what? The penalty is only $75 a year, going up to $750 eventually. Let’s see. On one hand I can keep paying $4,000 a year for my current coverage. On the other hand, I can pay the $75 fine for not having coverage and put $3,925 in the bank.
This is so cool! Thank you, Mr. Obama!
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
Was the President done in by the economy, or by the politics of the economy?
H/T to National Review Online