Massachusetts Gov. Signs Law Mandating Health Insurance for All Residents

[Soldier4Christ]

Massachusetts began signing up its poorest residents for low-cost health insurance, the first step in the state's goal to be the first in America to require all citizens to have health insurance.

"This is a historic day for us," said Gov. Mitt Romney on Monday. "It's real today."

Romney signed the state's new health care law in April.

This summer, the federal government gave the state its approval for a first-in-the-nation program that will require everyone 18 and older to carry health insurance. The state's universal health insurance program will use a combination of subsidies and penalties to make coverage more affordable and to encourage people to buy it.

Romney officials used the news conference to press lawmakers to close what they called a "loophole" in the law that fails to require all children to have health insurance.

"If there are affordable products out there, all the evidence suggests that parents will cover their children," Health and Human Services Secretary Tim Murphy said.

Murphy said as many as 40,000 children might fall through the holes, but lawmakers said they have already taken steps to expand coverage for children.

Next July, all Massachusetts residents earning more than three times the federal poverty level will be required to have health insurance — on their own or through work — or face tax penalties.
SEARCH    

[doc]

Good place not to start a business in, Yes?

[Soldier4Christ]

Businesses are not being required to provide the health insurance. The health insurance is being required to be provided by the state/parents. Parents who earn more than three times the poverty level must provide it, the source of it does not matter (from their job or just straight from the insurance company doesn't matter). Those that make less than that will be offered insurance through the state at reduced prices.

[doc]

Those that make less than that will be offered insurance through the state at reduced prices.

Hey, PR,

I think you are correct in your facts, but where do you think the $ for the above will come from?

This is not "trickle down economics" this is pure and - soon to be rampant - socialism - (why does this word misspell?)

The man on the street, small  and large businesses - everyone but the insurance companies and the banking institutions will pay.

[Soldier4Christ]

You're exactly right  ....  it is going to come from the pockets of the tax payers. This is something that normally comes from a Democrat as it is the Democrats platform, however recently even many of the Republicans have taken up this cause.

As for the socialism getting asterisked out, I don't know. I have looked at it and don't know why but it is doing it for us all.

[Soldier4Christ]

I figured it out. We have another word censored that contains the same lettering so it censors the word socialism also. Not a bad thing, after all socialism is a bad word also.