More on the House Health Care Bill

Section 552 says there will be an excise tax of 2.5% on medical devices. Yea, another tax. This country needs another tax like it needs another "stimulus" bill.

The bill requires the employer to give his/her name, date, and employer identification number to the following gov't people: the Health Choices Commissioner, the Secretary of Labor, the Secretary of Health and Human Services, and the Secretary of the Treasury. Also, the employee has to give his/her name, address, and TIN to those same gov't people. What the social security number isn't good enough for id purposes? (See Sect. 412 (a)(3))

The employee has 30 days to choose if (s)he wants socialized medicine or his employer's private health plan. No other choice. If the employee does not make a choice then the employer chooses the one with the lesser premium. (Sect. 412 (c)(1) & (2)) If the employer does not pick a plan for the employee then he is fined $100 a day until he does. (Sect. 806)

If an employer has an annual payroll of more than $750,000 then he has to contribute 8% of the average wages of his employees. Otherwise, if the employer has an annual payroll of less $500,000 annual payroll he does not have to contribute anything. In between the two amounts is a progressive rate up to 6%. (Sect. 413)

If the Commissioner thinks you are not covered properly then you have to pay 2.5% of your gross income. (Sect. 59B)