Alright! They finally passed it!
220-215. 50.6% voted for the plan, 49.4% against. Rounding up the winners’ vote to 100% and the losers vote down to 0%, democracy is clearly of the people and by the people.
The Affordable Health Care for America Act will apply to everyone whether they want it or not because that’s just how it works this is a democracy case closed.
A short summary of provisions is posted on wikipedia, but I would like to add some clarifying notes for all those naysayers out there who doubt the wisdom and good will of lobbyists who spent millions of their own dollars pushing this bill through. All for our benefit.
They are as follows:
“prohibit health insurers from charging different rates based on patients’ medical histories or gender [and] prohibit health insurers from refusing coverage based on patients’ medical histories” Because you have a right to the pooled resources of other people. They have NO right to deny you entry into their free and voluntary associations.
“repeal of the exemption for insurance companies from anti-trust laws” Because otherwise government would be in violation of anti trust laws, and government is NOT a monopoly.
“requiring most employers to provide coverage for their workers or pay a surtax on the worker’s wages up to 8%” Because those greedy employers hate poor people! If the government didn’t require employers to offer health benefits they wouldn’t.
“An expansion of Medicare to all low income Americans.” Because what if someone needed pharmaceuticals or they’d die? We need to stop people from dieing so lets massively expand the pharm industry. It had an annual 17% growth rate before this bill, I wonder what will happen next? ![]()
“provide a subsidy to low to middle income Americans to help buy insurance.” The subsidy will also be paid for by low and middle income Americans.
“a central insurance exchange where the public can compare policies and rates” Because that information isn’t available anywhere else!
**“**a government run insurance plan (public option)” Because the free market isn’t competitive enough for some reason…
**“**requiring most Americans to obtain health insurance or face penalties” Because people are dumb! What if you had an accident and didn’t have insurance? You should have bought insurance! For your own good you should be forced to buy some.
“a 5.4% tax on personal income over $500,000 (individuals) or $1,000,000 (families)” Because those people are rich and greedy! Don’t worry though, The valuable rich people of society like doctors and lawyers will more than break even under our expanded health care system.
“reductions in projected spending on Medicare by $400 million per year**” Because we’ll spend less… eventually. But right now we need to expand the $#@! out of health care. We can stay on budget just like we always do.**
**“**a 2.5% excise tax on medical devices” Because we’re going to pay for health care by taxing health care…
Anyway, I hope this answers your questions! Libertarians just seem not to get it. Hang in there mises people, you’ll come around sometime ![]()