Will the Obamacare $100B tax on health insurance companies finally put them out of business?

It will put many doctors out of business.

But do not worry, millions of North Korean doctors can be imported to work 20 hours a day for a bowl of rice.

Although, the quality of healthcare is not guaranteed.

Too bad you didn't follow the link to the IRS page. If you had, you would have seen this: "The proposed regulations are supposed to help the IRS implement Section 9010 of the Patient Protection and Affordable Care Act of 2010 (PPACA).

PPACA will require "covered entities" that are "engaged in the business of providing health insurance" to pay a total of $8 billion in "fee amount" in 2014, $11.3 billion in 2015 and 2016, $13.9 billion in 2017, and $14.3 billion in 2018." See any $100 billion in there anywhere?

Of course, you could have avoided the whole thing by reading the first line of your op piece, you know where it says "proposed" .

You will pay tax on the portion of health insurance your employer provides as income also. They will release this little tidbit in mid March. O'Care was written to result in single payer but the damage done to each and every one of us and businesses will take its toll first. Obamacare will change this country into a place you won't want to live. So will cap and trade. Our quality of life is going in the shitter. People don't believe that but its very true. They will tax your lawnmower, the miles you drive with a black box in your car that can also allow the cops to turn off your engine while you're driving down the road. We will be watched from the skies and there will be a huge file on each and every one of us. I pity you young people. I pity my grand children and I'm grateful I'm old. I wouldn't be able to tolerate poverty and total loss of freedom inflicted by my government. This country will be the stuff science fiction was made of in the last century.

Probably not put all of them out of business, the few who survive will be the Obamamite DemonCrats who will donate huge money to keep them in power, and they'll be government run with their "death panel" on who gets an operation and who doesnt!

Then they'll continue to blame their mistakes on the Republican Party (if they still exist) or whatever other party there is left (like the Green Party but they'll probably blame them for the Green jobs that were not created!). LOL

Maybe then we will have a REAL revolution in the U.S. with all the people united against government, and Obama or some other DEMONcrat will blame Bush! LOL

Semper Fi

Putting health insurance companies out of business is part of the 0bamacare Marxist agenda.

They will never go out of business. They'll just raise the prices.

Insurances control the financial world.

Just like the American people can afford this. People will learn Obamacare is alot more expensive than Obama or Pelosi preached and the true costs are coming to light now so we need to abolish Obamacare now before it does anymore damage

I have plans if my insurance rates goes up just one more dollar. I pay $325.00 a months, my deductible is $5200.00..so basically I am flushing this monthly payment down the toilet, or giving it to my so called health provider....NOW, on the other hand if I can get knocked up, I will get it allll for free.

we could only hope, best way to help our health care crisis is to do away with ins co.

Fact is that under the ACA you can dump your ins co, when and if they raise premiums, an sign up with an affordable policy.

Death happens and taxes rise, that is a constant in the Univese as we understand it.

The AHCA is law, a majority saw the wisdom and enacted it as law.