Health Care Law Surprise: $63 Per-Person Fee

[blackwolfe]

Remember they had to pass it to know what is in it.  Well they have to intact it to know how much it is going to cost.  The way I understand it this fee is by regulation, I think by Health and Human Services.


http://www2.wkrg.com/news/2012/dec/11/health-care-law-surprise-63-person-fee-ar-5151669/


Medical plans are facing an unexpected new fee. It's to help cover people with pre-existing conditions under President Obama's health care overhaul.

The $63-per-head fee -- buried in a recent regulation -- will hit health plans serving an estimated 190 million Americans, mostly workers and their families. It's payable starting in 2014.

Employers are not happy. The cost of compliance works out to tens of millions of dollars for the largest companies, maybe a few hundred for small firms. Most of that will get passed on to workers.

The Obama administration says the money will cushion health insurance companies from the hard-to-predict costs of covering uninsured people with pre-existing conditions, so society will benefit in the long run.

The fee is temporary, raising $25 billion over three years.

[MikeBjerum]

No, no, no wolfe!  It is a tax, and not a fee!  At least that is how the Court reasoned it out to let it stand.

I heard on the news last night while driving, NPR of all places, that by the time it hits this fee will most likely be north of $100.

[crusader rabbit]

And this comes as a surprise to anybody with half a brain?

I think not.  It is only the beginning of our descent to a third world nation.  The sheeple have spoken.

Crusader