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New Health Care Legislation
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<blockquote data-quote="av8torntn" data-source="post: 666686" data-attributes="member: 8259"><p>Excellent point. Medical care is probably the only thing that I can think of that you have no idea what the cost is until after the purchase. </p><p> </p><p>I would however suggest that the government not decide anything about pricing but allow instead the market to regulate pricing. Possibly something like when you get your car fixed how they must give you and estimate and be within a reasonable range of that estimate. This would allow you the opportunity to price shop if your concern is in fact ultimately pricing.</p><p> </p><p>To the original question of weather or not our insurance will fall within the penalty range for having insurance that is to good. I think in the end what you will see and at this point everything is just a guess will be that ours and most union plans will fall just below the cap. This will allow the labor unions the ability to endorse the final bill. The cap will increase yearly somewhere around the rate of inflation while healtcare costs will continue to rise at a rate greater than inflation. We will likely at some point be faced with the penalty for having insurance that is good. My guess also is that this penalty will be paid by the consumer to the IRS not by employers or insurance companies.</p></blockquote><p></p>
[QUOTE="av8torntn, post: 666686, member: 8259"] Excellent point. Medical care is probably the only thing that I can think of that you have no idea what the cost is until after the purchase. I would however suggest that the government not decide anything about pricing but allow instead the market to regulate pricing. Possibly something like when you get your car fixed how they must give you and estimate and be within a reasonable range of that estimate. This would allow you the opportunity to price shop if your concern is in fact ultimately pricing. To the original question of weather or not our insurance will fall within the penalty range for having insurance that is to good. I think in the end what you will see and at this point everything is just a guess will be that ours and most union plans will fall just below the cap. This will allow the labor unions the ability to endorse the final bill. The cap will increase yearly somewhere around the rate of inflation while healtcare costs will continue to rise at a rate greater than inflation. We will likely at some point be faced with the penalty for having insurance that is good. My guess also is that this penalty will be paid by the consumer to the IRS not by employers or insurance companies. [/QUOTE]
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