by Bob Laszewski
With Baucus gutting his fine for not having health insurance there would be no reason for people to buy it. In 2013, for example, there would be no fine for not having insurance. By 2014 the penalty would be $200 per adult and it would rise to $400 in 2015, $600 in 2016, and $750 by 2017. Coupled with the expectation middle class families would have to pay $6,000 to $10,000 a year for insurance we could be on our way to devastating the health insurance risk pool.
That problem could be exacerbated by the choices policymakers make on the issue of age rating bands. On the one hand, community rating (everyone pays the same price) would be ideal. After all, that is effectively what every member of an employer plan benefits from.
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