That's right. If you currently have it you can keep it...but no one can ever get a new private policy again. Eventually, when the current generation dies off or becomes covered by a government plan there will no longer be anyone covered by private insurance
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http://energycommerce.house.gov/Press_111/20090619/healthcarereform_discussiondraft.pdf
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What part of "the individual insurance issuer offering such coverage does not enroll any individual in such coverage if the first effective date of coverage is on or after the first day of Y1" isn't clear?
Insurance companies can not accept anyone if the first date of coverage would be on or after this bill takes effect.
You seem to have missed the part where I posted the URL for the article text....
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As in,
(A) IN GENERAL- Except as provided in this paragraph, the individual health insurance issuer offering (grandfathered health insurance coverage) does not enroll any individual in (grandfathered health insurance coverage) if the first effective date of (The Changed) (grandfathered health insurance coverage) is on or after the first day of Y1.
Insurance companies can not Enroll anyone new into the Grandfathered health insurance coverage plan if the first date of that coverage would be on or after this bill takes effect. Or they would have to change the plan to fit under the Bill's requirements ( ... )
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My grasp of the English language is reasonably good and my take on the sections being debated is that if you have insurance, great, you can keep it (hope you can hang on to it) but if you don't currently have insurance or lose your insurance after this bill passes you will not have any options. You will have to take the Government Health Insurance, whether or not you want that plan.
Personally, that scares the bejeebers out of me. One more thing for the government to control.
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You SHOULD be more concerned with H.R. 676 - which DOES make Private Health Insurance illegal. H.R. 676 establishes Universal Health Care and makes it illegal to 'duplicate' coverage it provides. H.R. 676 has 85 co-sponsors while H.R. 3200 (the more preferable bill) has only 6.
Seems to me, while the pundits are building fury over H.R. 3200, H.R. 676 is going to quietly pass with little or no public notice. Either the Right-Wingnut pundits are suckers or they are distracting you on purpose.
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During my brief period of unemployment (back in February), I received an e-mail from a health insurance provider offering me a position with their company as a saleman, with free training, and office space provided by them, etc.
In my response, I declined their kind offer on two points -
1. I am not in any way, shape, or form the "salesman" type (tried that = epic FAIL!);
2. I then asked them why I would even want to go to work for them in the first place, considering that the federal government was going to try to mandate single payer health insurance coverage, and if that came to pass, their company would be going out of business forthwith.
Remember how I said this was back in February? Never did get a reply back ...
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