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Section 163 of the bill states that the government would be allowed real-time access to a person's bank records - including direct access to bank accounts for electronic fund transfers.
Even-though the bill mentions privacy aspects, the fact remains that if approved, Obama's health care plan will give the government permission at any time to your personal bank records.
As the health reform fight shifts this month from a vacationing Washington to congressional districts and local airwaves around the country, much more of the battle than most people realize is already over. The likely victors are insurance giants such as UnitedHealth Group (UNH), Aetna (AET), and WellPoint (WLP). The carriers have succeeded in redefining the terms of the reform debate to such a degree that no matter what specifics emerge in the voluminous bill Congress may send to President Obama this fall, the insurance industry will emerge more profitable. Health reform could come with a $1 trillion price tag over the next decade, and it may complicate matters for some large employers. But insurance CEOs ought to be smiling.
The drug industry has authorized its lobbyists to spend as much as $150 million on television commercials supporting President Obama’s health care overhaul, beginning over the August Congressional recess, people briefed on the plans said Saturday.
Page 59: The federal government will have direct, real-time access to all individual bank accounts for electronic funds transfer. Barely True: Section 163 sets out goals for electronic health records. One of the goals is to include features that "enable electronic funds transfers, in order to allow automated reconciliation" between payment and billing. The legislative summary says the intent in the section is "to adopt standards for typical transactions" between insurance companies and health care providers. The legislation generically describes typical electronic banking transactions and does not outline any special access privileges.
If true, it's all the more reason to deal in cash. Start stashing it away!
Originally posted by Uniceft17
Page 59: The federal government will have direct, real-time access to all individual bank accounts for electronic funds transfer. Barely True: Section 163 sets out goals for electronic health records. One of the goals is to include features that "enable electronic funds transfers, in order to allow automated reconciliation" between payment and billing. The legislative summary says the intent in the section is "to adopt standards for typical transactions" between insurance companies and health care providers. The legislation generically describes typical electronic banking transactions and does not outline any special access privileges.
Politifact
Could they be anymore vague about this section? Can someone describe what this means in laymans terms. It says no special acces priveleges? But they still have access? Does this make any sense?
[edit on 8/22/2009 by Uniceft17]
SEC. 246. NO FEDERAL PAYMENT FOR UNDOCUMENTED
ALIENS.
Nothing in this subtitle shall allow Federal payments
for affordability credits on behalf of individuals who are
not lawfully present in the United States.
Health Care Bill Would Allow Feds To Snoop in Your Checkbook
Originally posted by Hastobemoretolife
See this is the deal, there are 5 drafts of this bill floating around, 2 in the senate and 3 in the House.
HR3200 does have language that will allow them to get real time account info to determine if you have the ability to pay, also in that bill we will be issued an insurance ID that has all our info.
Now if this language is in the other 4 drafts, I don't know, but what I do know is that I wouldn't put it past the government to try to do something like this.
Originally posted by whaaa
reply to post by TheAssociate
Health Care Bill Would Allow Feds To Snoop in Your Checkbook
The Feds don't need the Health Care bill to snoop in your finances.
Ever heard of the IRS? Ever been audited? It sucks!
Originally posted by whaaa
reply to post by TheAssociate
Health Care Bill Would Allow Feds To Snoop in Your Checkbook
The Feds don't need the Health Care bill to snoop in your finances.
Ever heard of the IRS? Ever been audited? It sucks!