Thursday, March 25, 2010

Health Care Reform...

So as you probably heard, the health care bill has been past. Will there be problems in the near future? According to Squash, there could be. For the first 10 years, the cost for this bill would be about $100 billion a year, about as much as we are paying for the war in Iraq. There might aslo be a tax increase for those with high income, about 1% increase. And they say if you don't buy health insurance, you'll have a 2% tax increase, though they say this would be subsidized, they say it won't do much. Of course there are benifits; anybody can get health insurance, it might reduce medical costs in the long run, possibility of reducing medical bankruptcy, and increase competition in the insurance market. Though there are some pros to this reform, I'm still a litle worried.
LINK

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