Politics for Pros- moderated Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Politics for Pros- moderated

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Neeka who wrote (354889)	3/22/2010 2:11:58 AM
From: Elroy	Read Replies (1) of 793954

I'm reading posts all over the Internet where people are saying they will drop their coverage or not buy any. If the penalty for not owning coverage is only $750 (posted earlier), then of course it makes more financial sense to cancel your current $18,000 per year ($1,500/mo) family policy, pay the $750 annual penalty, and join up on a $1,500/mo new policy once someone gets really sick. Get the person treatment, and drop the policy ASAP. This is common sense. I've been watching Fox a lot lately, and the Democrats always bragged about how insurance companies will not be able to deny coverage due to "pre-existing conditions", and not one of them discussed the dillema posed to insurance companies as a result of that policy. I wouldn't be surprised if insurance brokers open stands immediately outside emergency rooms - "one week policies for $XX! The insurance company has to accept it by Federal law!" Write your congressperson. We're going to move back to the US sometime in the next 18 months, not yet decided where to. Until then I don't think I have a congressman or resident state. Still wondering - how do the new 30 million policy holders sign up? Their own volition?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next