No worries Cas.

I need to correct something about my original post.

Each of these SECTORS will have a FEE associated with it and the businesses which operate in those sectors will be responsible for paying their share of that fee every year. If your company does 50% of the business, your company is responsible for 50% of that fee. Now, how MUCH of your SHARE of that fee depends on the information I posted originally.

The fees are as follows (an increase each year, details in the law):
- Pharma: $2.3 BILLION
- Equipment: $2 BILLION
- Health Insurance: $6.7 BILLION

An example:

Assume Pfizer sells over $400M in bonar pillz this year and that makes up 50% of the branded prescription drug market. They pay 100% of their 50% share of the sector fee, s $1.15 BILLION.

Another example:

If BlueCross/BlueShield collects more than $50M this year in premiums, and they represent 80% of the health insurance market, then they will have to pay 100% of their 80% share of that sector fee, so $4.02 BILLION.

DON'T WORRY THOUGH! THIS LAW ACTUALLY REDUCES COSTS ACROSS the BOARD!

(Let me know if anyone ever clarifies how, okay?)

PS:
- The law provides no authority for the IRS to penalize you for NOT paying the $695 (formerly $750) penalty for NOT having QUALIFIED insurance during the year.
- Also, since the law PROHIBITS PRE-EXISTING CONDITIONS, why not drop your coverage*, pay the $695 fee once a year, and just go to the hospital when/if you actually need care? Not like they can turn you away, right?

So, $700/yr for health insurance (assuming you pay their bullshit penalty) = $58/month. Why not set aside something reasonable, like $150 a month. Now you're covered for the penalty, while setting aside $90/month for whatever comes up. If you really need to go to the hospital, just go, right? They can't deny you for pre-existing conditions.

LOL. It might just work.

*PLEASE NOTE: Do not go dropping your insurance because you read something suggesting you do it on 2GNT. Remember, you are ultimately responsible for your own life. If you think this might be a good idea for you, you need to make DAMN sure you know the law inside and out.

Thanks fa comin' out!