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Politics : Politics for Pros- moderated
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To: greenspirit who wrote (355139)3/23/2010 3:32:33 PM
From: Nadine Carroll1 Recommendation  Read Replies (1) of 793891
 
Remember, most people don't pay attention to politics day in and day out. Most Americans are just hearing about the details of the HC bill in piecemeal. Wait till the tax increases become well known.


They'll hear about the healthcare premium hikes first, in December. Until now, state insurers required companies to pay 65% in benefits, use 35% for overhead, profit and capital reserves. Obamacare requires 85% paid in benefits, plus the insurance companies have to enforce the new mandates, keep kids on policies til 26, no pre-existing conditions for kids, etc. Premiums will rise sharply.
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