Political Quotes

Tom Coburn: “Yes, they will pay the fee. They will pay the tax and say it is easier. Consequently, the young people in our country…”

On the recordMarch 24, 2010
Yes, they will pay the fee. They will pay the tax and say it is easier. Consequently, the young people in our country, because we do not have a big enough payment under the ``individual mandate,'' are going to say it is smarter for me to save my money, pay the fine, and not get insurance because when I get sick, I can get it. You are going to get what is called adverse selection, which is even going to drive the rates up further. Anybody 40 or older, watch out, your health insurance rates are getting ready to bloom.
Said by
Tom Coburn
Republican · Oklahoma
Source
govinfo.gov
Mar 24, 2010

Editor's note · Context

Coburn discusses the implications of the individual mandate on health insurance rates.

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