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Politics : Formerly About Advanced Micro Devices

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From: Brumar8912/1/2012 12:08:13 PM
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Feds propose new tax on health insurers

(AP) Feds propose fee on health insurers in new market
By RICARDO ALONSO-ZALDIVAR
Associated Press
WASHINGTON
Health insurance companies will have to pay to play in new health insurance markets coming under President Barack Obama's health care law.

The federal Health and Human Services department said Friday it is proposing a "user fee" amounting to 3.5 percent of premiums for health insurers who want to offer policies in the new federal exchanges coming in 2014.

Exchanges are online markets where consumers will be able to buy individual policies and see if they qualify for government subsidies. Washington will run the exchanges in states that decline to do so.

The insurance industry says the fees will add to the cost of coverage.

.....
http://www.breitbart.com/Big-Government/2012/12/01/Feds-propose-fee-on-health-insurers-in-new-market

These exchanges are where all the folks who lose their existing health coverage because of Obamacare are supposed to go to buy new coverage ... of course, most of them probably won't.
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