Episode 151 • • 1:27:57 - 1:31:27
151: Turkeys Going Rogue
Health Care Bill, Young Uninsured Penalties, Small Business Impact
A Republican Senator from Maine argues that the proposed health care bill will drive up costs for young people, who may choose to pay a $750 fine rather than $5,000 for insurance. This "adverse selection" could destabilize the insurance pool. From a small business perspective, it is suggested that companies may find it cheaper to pay a 4% tax and move employees to a government public option rather than providing private coverage.