Little-Acorn
Well-Known Member
The Supreme Court merely changed the name of the "mandate" to call it a "tax".
Full text of the Opinion and Dissent can be found here:
http://www.law.cornell.edu/supremecourt/text/11-393
The upshot is, in a few years, most people will find it most economical to drop their insurance intirely, and only pay the mandated "tax", until they get sick.
Once they get sick or injured, then they can sign up for "insurance", and the company is forced to take them despite their "pre-existing" sickness or injury. They can stay signed up, paying the higher "insurance" rate, until they are cured, then drop the insurance and go back to paying only the lower "tax".
Lather, rinse, repeat.
At least until Congress raises the "tax"... which they will one minute after midnight pretty soon.
Full text of the Opinion and Dissent can be found here:
http://www.law.cornell.edu/supremecourt/text/11-393
The upshot is, in a few years, most people will find it most economical to drop their insurance intirely, and only pay the mandated "tax", until they get sick.
Once they get sick or injured, then they can sign up for "insurance", and the company is forced to take them despite their "pre-existing" sickness or injury. They can stay signed up, paying the higher "insurance" rate, until they are cured, then drop the insurance and go back to paying only the lower "tax".
Lather, rinse, repeat.
At least until Congress raises the "tax"... which they will one minute after midnight pretty soon.