Because, it's really bad.
Not only will you be forced to buy insurance, and pay a HUGE PENALTY for not doing so, but there will be NO PUBLIC OPTION to ensure that insurance is affordable to the very people who already can't afford the coverage today.
From Jed (and DKTV):
Baucus plan: No public option, but $3,800 fine for families without health insuranceOh, and on a side note, Max Baucus gave his lobbyist friends a copy of his long await health care giveaway BEFORE he gave it to the President Obama or the White house:
Seriously, you'd think that people would be laughing Max Baucus off the political stage after he spent the past year coming up with this load of junk.
It's obvious why the insurance industry loves his plan: there's no public option to give families an affordable insurance choice and it requires all Americans adults under the age of 65 to buy health insurance in the private sector, fining those who don't up to $3,800 per family.
In a more reasonable age, we'd call this plan a criminal plot, but today we're calling it "bipartisan." It's a total joke, but if we don't defeat it, the joke will be on us.
read more from Jed (via Daily Kos)...
see more videos from DKTV....
Special interests receive a copy of Baucus plan before the White House does:
In today’s press briefing, White House Press Secretary Robert Gibbs admitted that the Obama administration has not yet seen a copy of Sen. Max Baucus’ (D-MT) newest draft of health care legislation. “[W]e’ve seen what we’ve read in the paper, but I do not believe that we’ve seen paper on the plan,” said Gibbs. However, he added that he believes special interests on K Street have already received a copy:
GIBBS: I was told that — that K Street had a copy of the Baucus plan, meaning, not surprisingly, the special interests have gotten a copy of the plan that I understand was given to committee members today.
Max Baucus’ plan had the name of Liz Fowler, a former WellPoint VP who now works for the Finance Committee, in the metadata. When you have WellPoint personnel instrumental in writing the laws, you get little provisions like this:UPDATE II:
Interstate Sale of Insurance. Starting in 2015, states may form “health care choice compacts” to allow for the purchase of non-group health insurance across state lines. Such compacts may exist between two or more states. Once compacts have been formed, insurers would be allowed to sell policies in any state participating in the compact. Insurers selling policies through a compact would only be subject to the laws and regulations of the state where the policy is written or issued.
This is something that conservatives have been begging to do for years. Even the most outgunned conservative on a talking head debate can vomit up “let people take their insurance across state lines to increase competition!” It sounds reasonable. But there’s a very good reason why it would quickly turn into a nightmare, and you can see it in the examples of Delaware and South Dakota.
Want to know what happens after all this so-called "bi-partisanship" where Baucus gave the baby away with the bathwater?
Baucus Cuts Bait: Moving Forward With Or Without GOP (via Ryan Grim):The truth is, Sen. Max Baucus didn't care about rethugs -- maybe Obama did -- but not him. He only care about getting what his biggest supports - the health insurance industry - what they really wanted: A bonanza of deregulation, 50 million news customers and a whole hellofalotof YOUR cash.
Max Baucus is getting serious. Just a few hours before President Obama is scheduled to address a joint session of Congress, the Finance Committee chairman announced that the committee would be moving forward with a health care reform bill - with or without the GOP.
The announcement followed a morning meeting with the so-called Gang of Six.
A source with knowledge of the situation said that Baucus told the two other Democrats and three Republicans that he will be putting out a "Chairman's Mark" by the middle of next week whether he has Republican support or not. (A Chairman's Mark is a bill written by the chairman of the committee.)