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First recorded activity by BoatBanter: Aug 2009
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Default OT health care

wrote in message
...
On Mon, 19 Apr 2010 16:52:46 -0700, "nom=de=plume"
wrote:

According to the right wing crowd, you'd go to jail. More bs. Feel free
to
continue to blame actuaries.

I suppose that begs the question, what is the penalty for not
following that law? (I suppose I could look it up)


There are a whole range of penalties for not following laws. For this,
here's a link I believe is accurate.

http://www.nytimes.com/2010/03/22/yo...2consumer.html

Short answer
"Although most Americans who do not obtain health insurance would face
a federal penalty starting in 2014, many experts question how strict
the enforcement of that penalty would actually be.

The first year, consumers who did not have insurance would owe $95, or
1 percent of income, whichever is greater. But the penalty would
subsequently rise, reaching $695, or 2 percent of income. "

... or basically nothing will happen to them if they don't buy
insurance. Who will be the insurance cop?.


Don't know... who's the car insurance cop? You get stopped and you don't
have insurance, you get to talk to the DMV.

I don't blame actuaries, I just acknowledge what they do for a living.

Would you be happier if I just said the greedy insurance company nazis
are raising your rates


heh... remove "nazis" and yes.


What, you think that might insult nazis? ;-)

... and it is actuaries who tell the greedy insurance companies how
much they need to raise the rates to stay in business. My only point.


Ok.

--
Nom=de=Plume


 
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