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PostPosted: Thu Sep 02, 2010 10:02 am 
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Sorry, this is a 50 page summary so I can't link the whole thing here.

http://www.ncpa.org/pdfs/What-Does-Health-Reform-Mean-for-You-A-Consumers-Guide.pdf

Lists the potential benefits and pitfalls. Lots of new taxes including on medical devices like wheelchairs. No indexing of tax on 'cadilac' health plans, so more will be taxes over time.

Enjoy the read!

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PostPosted: Sun Sep 05, 2010 3:23 pm 
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If you are not covered by an employer plan, Medicare, Medicaid or other government plan, you will be required to buy insurance in a government-regulated health insurance exchange, where competing insurers will offer the government-mandated health insurance benefit package.


Does this mean one can no longer buy private insurance individually, instead of through their employer?


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PostPosted: Sun Sep 05, 2010 5:18 pm 
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I don't know the answer to your question, but I suspect that many employers will stop offering health care insurance once this goes into effect, so it probably won't matter.


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PostPosted: Sun Sep 05, 2010 8:03 pm 
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Yeah, the penalty for not providing insurance for your employees is a fine (read tax) on the business in question. The fine is less than the annual cost of providing care.

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PostPosted: Sun Sep 05, 2010 8:42 pm 
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Rynar wrote:
Yeah, the penalty for not providing insurance for your employees is a fine (read tax) on the business in question. The fine is less than the annual cost of providing care.


Word.

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