I’m reading the Health Care Bill, HR3200. An interesting note, on page 120, line 8. The start-up capitalization is only $2,000,000,000. Yah, $2 Billion to fund a program that is supposed to cover upwards of 330 million people. To put this in perspective, in October of 2006, YouTube was sold for $1.65 Billion. So, the painful truth is that the HR3200 bill is being capped with only $350 million more than the valuation given to a site full of cat videos and jackass clones. I don’t know if I should laugh or cry. There is a lot more in this Bill, so any interesting tidbits will get posted. Like the fact that there are multiple levels with differing premium rates. At least 3 different supplemental plans, one required plan to be on the Health Care Exchange.
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