Tuesday, September 08, 2009

Well, We Finally Have a Dollar Amount for Obamacare


Americans would be fined up to $3,800 for failing to buy health insurance under a plan that circulated in Congress on Tuesday as divisions among Democrats undercut President Barack Obama's effort to regain traction on his health care overhaul.

Hugh Hewitt is suggesting that insurers will begin offering a barebones policy for families that costs $3,801. This makes sense to me, since the fine creates a floor under which no insurer would underwrite a policy.