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Baucus changes HC bill: penalty for no coverage reduced by 50%

This is ridiculous, and although the entire bill is trash the senator from Montana will change anything to get this approved. Well almost anything. There is still a huge penalty for not buying insurance.

Baucus changes health bill over Dem concerns
10-year, $856 billion package being revised to keep party on board
Mon., Sept . 21, 2009 - 6:31 p.m. MT
short version
WASHINGTON - The chairman of the Senate Finance Committee was revising his sweeping health care bill Monday to address serious concerns from fellow Democrats and a key Republican about insurance costs, part of his ongoing struggle to deliver on President Barack Obama's top domestic priority.

The changes — which include possibly halving a penalty for people who don't comply with a new requirement to purchase insurance — came a day ahead of a committee session beginning Tuesday to amend and vote on the bill, which Sen. Max Baucus, D-Mont., hopes his panel will approve by the end of the week.

"We've come a long, long way to satisfying the affordability concerns," Baucus said Monday evening after meeting with committee Democrats.

Revisions in the works

Senators offered a raft of amendments on both those issues, and Baucus was incorporating some of the approaches in revised legislation he'll unveil at Tuesday's committee meeting. Details weren't final, but Baucus said he was looking at lowering a $3,800 penalty that his bill would levy on households that don't comply with a new "individual mandate" to purchase insurance.

Sen. Kent Conrad of North Dakota, a key Finance Democrat, said senators were discussing cutting that penalty in half, to $1,900. The $950 penalty for individuals who don't buy coverage, however, would not be changed.

Also under discussion, according to Conrad, was lowering the maximum amount of income people could pay in premiums before becoming eligible for subsidies. It's now 13 percent. Senators were also looking at adjusting the new insurance excise tax — now set to hit plans valued at $21,000 for a family and $8,000 for an individual — so that it's limited to even more expensive plans over time, Conrad said.

The changes could add to the cost of the $856 billion bill, but since the bill would raise about $50 billion more than it spends over 10 years, there is some wiggle room.

A total of 564 amendments were filed, though the number taken up this week will likely be much lower.

Full:

http://www.msnbc.msn.com/id/32956647/ns/politics-health_care...

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This bill is still crap

Lowering the fine isnt enough. This bill is still crap.

www.Vote3rdPartynow.org

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"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

SteveMT's picture

Jive_: You're a great pitchman. Your spin makes the bill....

sound enticing.
Baucus is not a good pitchman. Not even Billy Mace could sell this to the American people.

How about... instead of

How about... instead of penalizing us they acknowledge that the U.S. is supposed to be a free nation, with freedom of choice!

...

SteveMT's picture

This penalty is for healthy people and families who don't...

want HC. They will be forced to pay for the 40 million people who cannot pay, along with the insurance companies, who will just pass along those additional costs on the already insured. Some scheme, only a politician could of thought up.

if they try to force us to by insurance, ...

then what is to stop startup companies from offering "insurance" for $10 per year with a $500K deductible ?
And won't congress then need to create yet-more legislation to formally define "*acceptable* insurance" ?
Let alone the lawsuits over it's blatant unconstitutionality.
Looks like a massive quagmire to me (which is GOOD !).

if they try to force us to by insurance, ...

then what is to stop startup companies from offering "insurance" for $10 per year with a $500K deductible ?
And won't congress then need to create yet-more legislation to formally define "*acceptable* insurance" ?
Let alone the lawsuits over it's blatant unconstitutionality.
Looks like a massive quagmire to me (which is GOOD !).

DC is having a SALE! Get your slavery for 50% off!

Half off on all indentured servitude while supplies last!

videos

Obama says to his 1000 Rabbi’s “we are Gods partners in matters of life & death”?

Freedom is another way to God...A corrupt government is a straight way to hell.

I believe in Hope & Change..I Hope the government will Change
Spindale-Rutherford County-North Carolina

Sweet! Now that it's only $1900...

I can use the other $1900 to pay some other good intention scheme our good congress thinks off.

The penalty has been cut in half. Gee, what a kind soul.

_________________________________________
"An economy built on fiat money is a society on its way to ashes."

_________________________________________
"An economy built on fiat money is a society on its way to ashes."

Don't you like being slaves

Don't you like being slaves for each other?

This is nothing but pure corporatism.Creating customers for the insurance industry and with these penalties,the courts and jails=Fascism.

13 No servant can serve two masters; for either he shall hate the one, and love the other, or else he shall lean to the one, and despise the other. Ye cannot serve God and riches. - Luke 16

Honestly, why haven't the American people realized that this...

Health Insurance bill is to make up for the bankrupt Social Security, along with Medicare our government has created, and can't pay for.

most people i have talked to

refuse to accept the fact that SS, medicare and medicaid are broke.
medicare was in trouble when they passed the HMO act.

"The two weakest arguments for any issue on the House floor are moral and constitutional"
Ron Paul

SteveMT's picture

rocketman: Show all of them this.

Have them put it on their desktop. It will sink in after a while.

http://www.usdebtclock.org/

SteveMT's picture

Tessie: you're right about that.

Just follow the money.

They want illegals made legal for the same reason, although 75% already pay social security, they want the remaining 25% in the corral also.

The next thing will be nationalizing our 401k retirements.

All we have to do is research what...

our Congress critters have been up to. They are currently talking about taking control of pensions, and 401k accounts as we speak. Research it, and you will find there is currently a bill in the works...Google Congress 401k, and you will see they are after all they can get...Here is one of the many I found when I googled:

http://libertymaven.com/2008/10/28/will-the-feds-take-over-o...

now it should be

constitutional.

"The two weakest arguments for any issue on the House floor are moral and constitutional"
Ron Paul