Are you uninsured by choice? Taking a chance that you won’t get seriously ill or injured so you can spend your money elsewhere that otherwise would go toward health insurance premiums?

In the future, if you continued to opt for that choice, you could be facing some hefty fines.

A health care overhaul bill unveiled Thursday by key Senate Democrats would impose fine of about $1,000 on individuals who refuse to buy affordable coverage. Under the draft legislation, families would pay higher penalties than individuals.

The Congressional Budget Office estimates the fines will raise around $36 billion over 10 years, “Senate bill fines people refusing health insurance.”

Such a mandate could fall heaviest on young singles, many of whom opt to save money by going without health insurance.

Tags: fine, health care, mandatory, Obama, Senate, uninsured

This entry was posted on Friday, July 3rd, 2009 at 12:28 am and is filed under health care. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.