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16 SEC. 1555. FREEDOM NOT TO PARTICIPATE IN FEDERAL
17 HEALTH INSURANCE PROGRAMS.
18 No individual, company, business, nonprofit entity, or
19 health insurance issuer offering group or individual health
20 insurance coverage shall be required to participate in any
21 Federal health insurance program created under this Act
22 (or any amendments made by this Act), or in any Federal
23 health insurance program expanded by this Act (or any
24 such amendments), and there shall be no penalty or fine
Originally posted by 911stinks
I don't know why the press is reporting that getting healthcare will be mandatory. The bill itself says;
16 SEC. 1555. FREEDOM NOT TO PARTICIPATE IN FEDERAL
17 HEALTH INSURANCE PROGRAMS.
18 No individual, company, business, nonprofit entity, or
19 health insurance issuer offering group or individual health
20 insurance coverage shall be required to participate in any
21 Federal health insurance program created under this Act
22 (or any amendments made by this Act), or in any Federal
23 health insurance program expanded by this Act (or any
24 such amendments), and there shall be no penalty or fine
docs.house.gov... (pg 362)
[edit on 23-3-2010 by 911stinks]
Starting in 2014, require that most Americans have a minimum level of health insurance or else pay a penalty
Penalty: In 2014, $95 a year or 0.5 percent of a household’s income, whichever is greater; in 2015, $495 or 1 percent of income; in 2016, $750 or 2 percent of income (with a maximum of $2,250 for a family). The penalty would be adjusted for inflation after 2016.
Originally posted by ohioriver
Originally posted by 911stinks
I don't know why the press is reporting that getting healthcare will be mandatory. The bill itself says;
16 SEC. 1555. FREEDOM NOT TO PARTICIPATE IN FEDERAL
17 HEALTH INSURANCE PROGRAMS.
18 No individual, company, business, nonprofit entity, or
19 health insurance issuer offering group or individual health
20 insurance coverage shall be required to participate in any
21 Federal health insurance program created under this Act
22 (or any amendments made by this Act), or in any Federal
23 health insurance program expanded by this Act (or any
24 such amendments), and there shall be no penalty or fine
docs.house.gov... (pg 362)
[edit on 23-3-2010 by 911stinks]
18 No individual, company, business, nonprofit entity, or
19 health insurance issuer offering group or individual health
20 insurance coverage
That just means insurance companies are exempt. It does not say regular citizens are exempt from the requirement of purchasing insurance.
Originally posted by BlackJackal
No it is not mandatory, but if you don't get it you have to pay fines.
Read here
Starting in 2014, require that most Americans have a minimum level of health insurance or else pay a penalty
Penalty: In 2014, $95 a year or 0.5 percent of a household’s income, whichever is greater; in 2015, $495 or 1 percent of income; in 2016, $750 or 2 percent of income (with a maximum of $2,250 for a family). The penalty would be adjusted for inflation after 2016.
Link
Originally posted by endisnighe
Alright, back with the VOLUNTARY thing again.
Yes, it will be as VOLUNTARY as Federal Income Tax is.
NO S&F for you.
If I could, -1 Star -1 Flag
16 SEC. 1555. FREEDOM NOT TO PARTICIPATE IN FEDERAL
HEALTH INSURANCE PROGRAMS.
No individual, company, business, nonprofit entity, or health insurance issuer offering group or individual health insurance coverage shall be required to participate in any Federal health insurance program created under this Act (or any amendments made by this Act), or in any Federal health insurance program expanded by this Act (or any such amendments), and there shall be no penalty or fine