Friday, July 03, 2009

Obamacare: Pay For Insurance or Pay a Fine

Under Senate health plan, you pay either way.

In a revamped health care system envisioned by senators, people would be required to carry health insurance just like motorists must get auto coverage now. The government would provide subsidies for the poor and many middle-class families, but those who still refuse to sign up would face fines of more than $1,000.

I'm not entirely against such a proposal that mandates having coverage, but unless you can get the equivalent of liability insurance for your health, this is just another government imposition.