I got this from a friend who works on budget issues in Congress, and he/she assured me the reasons are accurate — that is all I know, but if true, this list would explain Insurance stock just rose to all time highs. We are getting taken for a big ride. As my friend Al Gill says, “they are strip mining this country!” Here is a great example of corruption and selfish service. Remember Health Care begins with you and how you eat and working out moderately at least three times a week, not with the bloated government. The Senate bill isn’t a ” starter home,” it’s a sink hole. It needs to die so something else can take its place. It doesn’t matter whether people are on the right or the left — once they understand the con job that’s about to be foisted on them, they agree. That’s why Harry Reid and President Obama are trying to jam it through as fast as they can, before people get wise. So email the list to your friends and family, tweet it and spread the word.
Top 10 Reasons to Kill Senate Health Care Bill
1. Forces you to pay up to 8% of your income to private insurance corporations — whether you want to or not.
2. If you refuse to buy the insurance, you’ll have to pay penalties of up to 2% of your annual income to the IRS.
3. Many will be forced to buy poor-quality insurance they can’t afford to use, with $11,900 in annual out-of-pocket expenses over and above their annual premiums.
4. Massive restriction on a woman’s right to choose, designed to trigger a challenge to Roe v. Wade in the Supreme Court.
5. Paid for by taxes on the middle class insurance plan you have right now through your employer, causing them to cut back benefits and increase co-pays.
6. Many of the taxes to pay for the bill start now, but most Americans won’t see any benefits — like an end to discrimination against those with preexisting conditions — until 2014 when the program begins.
7. Allows insurance companies to charge people who are older 300% more than others.
8. Grants monopolies to drug companies that will keep generic versions of expensive biotech drugs from ever coming to market.
9. No re-importation of prescription drugs, which would save consumers $100 billion over 10 years.
10. The cost of medical care will continue to rise, and insurance premiums for a family of four will rise an average of $1,000 a year — meaning in 10 years, your family’s insurance premium will be $10,000 more annually than it is right now.
Background information on each point:
Hardship Waiver And Restrictions On Immigrants Buying Insurance Undercut Arguments For An Individual Mandate, by Jon Walker
What’s in the Manager’s Amendment by David Dayen
MyBarackObama Tax by Marcy Wheeler
Emperor Ben Nelson: All Your Uteruses Are Belong To Me by Scarecrow
The Senate Bill is Designed to Make Your Health Insurance Worse by Jon Walker
Best way to “Fix It Later” Is With No Individual Mandate Now by Jon Walker
The Senate Health Care Bill is Built on a Mountain of Sand by Jon Walker
The Devil in Anna Eshoo’s Details by Jane Hamsher
Liveblog of the Dorgan Reimportation Amendment by David Dayen
Answering Nate Silver’s 20 Questions on the Health Care Bill by Jon Walker