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HR 676 – America’s Affordable Health Choices Act Of 2009 (Full Text)
ByOk, we got our hands on a copy of the full 1,018 page Health Care Reform Bill and wanted to post it for any of you who want’s to take a look at what our Elected Officials failed to read prior to voting for it. As the text of this bill has been made available problems are already starting to appear.
In fact in a recent opinion piece on the Inventors Business Daily (IBD) Editorial page, the problems started on page 16 of the Bill and will likely continue through-out this document. And, it doesn’ t seem to be a small problem either. In fact, it will only outlaw the selling of any private insurance that has an effective date AFTER the the “first day of the year the legislation becomes law.” Here’s the full quote:
“Except as provided in this paragraph, the individual health insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day” of the year the legislation becomes law.”
More to come on this I am sure and probably many more problems as more people do the homework the legislators should have done. We’ll try to keep you posted.
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1 Comments
November 26th, 2009 at 4:35 pm
Without free market, be ready for much higher taxes. Clearly the government has no need
to make a profit, but they also can run at a perpetual loss. This means that there is no
incentive to control costs because the US can either borrow, inflate, or tax.
The Post Office, Amtrak, Medicare, Medicaid, Social Security, etc. all operate with
losses or have immense long-term fiscal pressures. This will be no different.
Be prepared to pay higher taxes & have a dollar that plunges in purchasing power.