Giant Insurance Company Giveaway Eve – Early Evening Update

by , posted on Saturday, December 19th, 2009 at 6:55 pm

Just got home from work and am wondering if you are all feeling festive yet?

No?

Well, if you are, say, male, and are feeling left out of the opportunity to contribute something (like the right to control your body) to the effort to funnel billions of dollars to corporate America, don’t despair: there’s something in here for you too.

If you are, like me, so uninsurable that the only policy you will be offered will be junk insurance at punitively high premiums, you’re in there: the penalty for paying to keep more of your money to pay for your health care out-of-pocket (because your “policy” won’t) is up – reputedly to offset the fact that it’s much more expensive to give away lots of cash to our insurance overlords without the public option. So they had to raise more cash to offset that.

Or, if you are a union member, you too get to contribute to the Giant Giveaway. Those good insurance policies you have, via trading wage increases to get them, are going to be taxed at a higher rate – also to help offset the more expensive non-public-option Giveaway.

Who knows how many other lovely opportunities there are for Americans of all descriptions to do their part to create a festive season for the insurance industry. You can go read the manager’s amendment here and see if you can find more.

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