Mandatory Health Insurance vs Auto Insurance

Obama’s Interview

When asked if possible jail time was appropriate for failing to purchase mandatory Health Insurance President Obama said, ” What I think is appropriate is that in the same way that everybody has to get auto insurance and if you don’t, you’re subject to some penalty…”

What is so fundamentally wrong with this statement is that auto insurance is not mandatory. You have two options besides traditional auto insurance…

  1. In California you may post a $35,000 cash deposit with the DMV, a DMV Self-insurance certificate or a $35,000 surety bond. CA DMV
  2. Don’t drive.

What options will there be to opt out of a plan either from the government or endoresed by the government?

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