29 Mar

Why the New Bill Means I Won’t be Buying Health Insurance

The new health insurance bill that just passed forces a fine of up to $700 per year if you don’t have insurance.

It also states the insurance companies cannot decline coverage for pre-existing conditions.

So: no need to buy insurance. Just pay that fine every year. Pay out of pocket for your minor medical needs every year. Then if you get sick or get into an accident where you need insurance, you buy it on the day you get sick: they can’t turn you down.

It’s like buying fire insurance the day after you house burns down.

All you suckers who are actually paying for insurance before you need it (you know, the way insurance is suppose to work) will be in effect paying my catastrophic risk premium.

Great law there: because the problem with health insurance was that it was too affordable.

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