1 trillion dollars every 5 years - if they pass the mandate, it will give big insurance enough cash

[grahamhgreen]

to crush future reform efforts as well as what little is in the bill.

45,000,000 customers

x $375/month

= 16.875 billion per month

= 202 billion/year

= 1.01 Trillion Dollars every 5 years

Think of the Senators they can buy with that!

[Garam_Masala]

1. The devil is in the details...with mandates, you will pay as much as

$2000 penalty EVERY YEAR for not buying private health insurance policy,
on a very middle class family income of $80,000 AGI in the house bill
and $1600 penalty every year in the senate bill.

It is 2.5% of AGI in the house bill and
2.0% of taxable income in senate bill.

[andym]

2. You have to subtract off the amount they to pay to providers

and their overhead and the 80%-85% MLR cap.

So they probably only get $200 billion (20%) every 5 years. Still could buy a lot of politicians though.

[Goldstein1984]

3. At least the money is going to an industry with the health of the

People as their highest priority.

[grahamhgreen]

7. I think you forgot your sarcasm GIF!

[okieinpain]

4. don't know about the rest, but people should be forced to buy

insurance.

[The Straight Story]

6. Wait, did you just say people should be forced to buy insurance??

From some big company?

Hell, I am going out to start a health care company tomorrow. I will jack up rates, give you a huge co-pay, and invest the rest in big banks that cannot fail because we were forced to give them loans when they would not do the same for us.

Oh, and you are also forced to buy a home/apartment - from me. And car insurance, even if you own no car. Others do.

Insurance is gambling, plain and simple. And if you want to force other people to gamble...well, I hope I am the casino.

[grahamhgreen]

8. I think they should be forced to by MY product!

:sarcasm:

[Skittles]

5. that's the goal

MISSION ACCOMPLISHED

[brentspeak]

9. Our own tax dollars will be used to fund efforts to keep us under the insurance yoke

[Blasphemer]

10. Pretty disgusting... nt

[ProSense]

11. This math isn't even accurate. n/t