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Thursday, October 29, 2009

House kicks out a health bill.




Here is the House bill if you are so inclined:

http://www.funnyeconomist.com/HouseBill.pdf


Here is page 23...it caps deductibles at $1500 per individual and cost sharing at $5000. I once had a health insurance policy with a $20,000 deductible to protect myself against any catastrophic event. That's what insurance is supposed to do. It had $5 million in coverage and did what I needed it to do. If you wanted such policy now...too bad Bozo, you have to take this. If you want auto insurance where some dude checks your oil and tire pressure every morning and warms/cools your car and brings you coffee, you can get it but man will it cost you.
High deductible policies are out the window now, not in the choice set. Pay up sucker.

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