c2, how many people do think really understand this plan, in the whole country? I'm guessing 30,000 corporate lawyers in charge of designing compliance, and maybe not even them.
But there is one set of parameters that jumps right out at me. Insurers are regulated as to what is covered by health insurance, and it's not just major medical, but most expenses including preventative care. The average cost of family health insurance now costs $14,000 per year. The initial tax penalty for not buying insurance is very low, on the order of $1000 in 2014, and $2000 in 2016. Therefore there is a $13,000 incentive in 2014 for an employer to dump his health plan, and for an individual to drop his coverage, knowing that he can always buy it later if he needs it. Of course the tax penalty rises later, but I doubt the private insurance companies will last that long. Meantime premiums will skyrocket. But this, I think, is not a bug but a feature.
Does that agree with your information? |
