Here they come. They say they will save the day, but it looks more like they are here to tax you and take your freedoms away.
HHS Kathleen Sebelius is in favor of a tax surcharge on people earning over $350,000 per year.
Appearing on the NBC program “Meet the Press,” Sebelius said a tax surcharge on wealthy Americans is “a legitimate way to go forward.”
One House plan option written by the Democrats specifically outlaws new individual plans after the law becomes effective.
From the Investors Business Daily:
Under the Orwellian header of “Protecting The Choice To Keep Current Coverage,” the “Limitation On New Enrollment” section of the bill clearly states:
“Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day” of the year the legislation becomes law.
So we can all keep our coverage, just as promised — with, of course, exceptions: Those who currently have private individual coverage won’t be able to change it. Nor will those who leave a company to work for themselves be free to buy individual plans from private carriers.
Health Savings accounts are a “no no” as well, because individual choice keeps the power brokers out of the loop. Once a government plan which has no real cost basis or profit motive “competes” with private insurance carriers, businesses will gladly drop coverage and force employees onto the new plan.
The market for private insurance will “wither” and die once a government option is adopted:
The nonpartisan Lewin Group estimated in April that 120 million or more Americans could lose their group coverage at work and end up in such a program. That would leave private carriers with 50 million or fewer customers. This could cause the market to, as Lewin Vice President John Sheils put it, “fizzle out altogether.”
Obama says he does not want to tax benefits or give a tax break to individuals for the sake of “parity” because it will destroy the private insurance market. He has no issue with destroying it for the sake of a government run plan. You can figure out why he favors one over the other.
