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URL:  http://boards.fool.com/flegbo-posts-employers-would-be-required-to-27695325.aspx

Subject:  Re: Obamacare--the details Date:  5/21/2009  2:41 PM
Author:  intercst Number:  14998 of 19348

flegbo posts,

Employers would be required to insure their workers through a "pay or play" mandate. Those who did not provide "meaningful coverage" for their workers would pay a penalty, equal to some percentage of their payroll, into a national fund that would provide insurance to uncovered workers. Such a mandate is, of course, simply a disguised tax on employment.

Under our current system of "Bushcare", private insurers skim 25%-30% off the top in excessive overhead & profit. That's the Republican "tax" on healthcare.

intercst
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