Obama told me that healthcare would get cheaper and more efficient under his special healthcare plan. At first I was skeptical. Now I know that Obama was right.
First, under the new bill, insurance companies cannot deny me coverage for pre-existing health conditions. This is really great news because now I can get insurance when I’m sick, but when I’m not sick, I can stop wasting money on insurance premiums. Insurance companies are literally my friend now! Friends are there for you when you need them.
Currently, I pay around $6000 a year for health insurance. But why pay for insurance? As soon as this bill becomes law, I will drop my insurance coverage and only buy insurance when I have medical problems I can’t diagnos using google. I don’t really need health insurance right now – I am young and healthy. Now, if my wife get’s pregnant, then I’ll just buy insurance in time for the first ultra-sound. I don’t want to pay the $5-20k cost for a baby out of my own wallet; that would be expensive. I think I’ll let the insurance company pick up that bill. Remember, the insurance company can’t deny me for any pre-existing conditions.
I can’t believe how flexible and consumer driven Obama made this healthcare reform!
Oh what? There is a penalty if I don’t get health insurance? How much is it? $750 per year per person. Well $1500 a year is a lot cheaper than $6000 a year isn’t it? I mean, I’ll still save $4500 each year from what I’m paying now.
So let’s review: If you are feeling good and don’t see any major health costs in the next 3 months, make sure you don’t have insurance. If you tear your ACL, need stomach surgery, or are expecting a baby, well, then you should probably get some insurance for that. But remember, once all the expensive procedures are paid for, stop paying those silly health insurance premiums as soon as possible. Keep in mind, the legislature had the foresight to accomodate switching back and forth – on page 323 of the bill the $750 penalty for NOT having health insurance is pro-rated by the month. This is very convenient. Obama really outdid himself and overdelivered on this extremely flexible and super cheap healthcare!
I can tell some of you think it’s too good to be true. But its not! In fact, it get’s even better. According to page 336, you MAY NOT be prosecuted for any criminal liability to pay the $750 NO INSURANCE penalty. In fact, they really have no way of making you pay the $750, except asking politely. Usually when the government wants your money, they just place a lien on any assets you have. To insure the government gets paid first, these liens take “priority” over everybody else, including your mortgage company. But, page 336 FORBIDS any lien from being placed on your assets. So in reality, the government has no way to actually make you pay the $750. If you think you shouldn’t have to pay $750 for NOT having insurance, then the government basically already agrees with you. I know the Constitution does.
Well, for all you people who think this healthcare reform bill is bad and you’ve been having a grumpy-pants day about it, cheer up, because President Obama is magic and he just saved you lots of money out of thin air. YES WE DID!
See healthcare bill here: http://docs.house.gov/rules/hr4872/111_hr3590_engrossed.pdf#page=323
On the 1040 form you will have to prove you have health insurance. To avoid the fine every year around tax return time simply purchase a high deductible plan for around $150 a month and avoid the $750 fine. The bill authorized the hiring of about 16,000 new IRS agents to “enforce” the mandatory purchase of health insurance. The Health and Human Service Secretary will now have access to our tax returns as well. This bill actually makes the Health and Humans Services Secretary possibly the most powerful cabinet position, especially on the domestic side. The Secretary will have control of 1/6 of the economy. Kathleen just became a very powerful lady.
I thought you said Obama was of the top 1% of the smartest people. That must make me and you in the top 0.01%.
Thanks for the link Aaron. I loves me some politics. I don’t think anyone knows exactly how the various bureaucracies will handle implementation. Everything right now is speculation.
It’s not that I’m smarter than President Obama, it’s just that I read the bill – I’d be surprised if he read the whole thing.
Great post! This legislation is a head-scratcher in a lot of ways.