Since this post dating back to April of this year, got such a huge audience today, I thought I would re-post it again. Enjoy!
Originally posted on iPeopleFINANCE:
Can you tell the difference?
Mitt Romney has gone to great lengths to distance his Massachusettshealth plan from the ObamaCare Act, without specifically or even generally, providing any insight whatsoever into what he perceives to be the differences, so I guess it is up to us to try and do that. The facts appear to be that there are an awful lot of similarities between the plan he signed in Massachusetts in 2006, and the one that President Barack Obama signed in 2010.
Key among them: Both leave in place the major insurance systems; employer-provided insurance, Medicare for seniors and Medicaid for the poor. They both seek to reduce the number of uninsured by expanding Medicaid, and by offering tax breaks to help moderate income people buy insurance. In both cases, people are required to buy insurance or pay a penalty, via a mechanism called the “individual mandate” in ObamaCare, and “individual responsibility” in
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