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Politics : Formerly About Advanced Micro Devices
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To: Brumar89 who wrote (531798)11/23/2009 12:46:58 PM
From: RetiredNow  Read Replies (3) of 1575537
 
It's a good question, Brumar. Will risk of having to pay a $750 fine really result in them choosing to get insurance? I'm not sure. However, I do know that over the long run, having insurance is a rational economic choice, because not having it will either cost the individual or the state tons of money. For example, the uninsured still will get some of the care they need, but will be unable to pay for it, which means the hospitals and doctors eat those costs, which results in higher premiums for the rest of us. So a balance has to be struck. Universal health care is good for this country in more ways than one.

So that comes to $978 billion in new taxes.

Not quite $978B in new taxes. More than half of that is from cost savings. But there are new taxes coming to pay for this, no doubt.
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