The proposal increases penalties on business that fail to insure their workers andindividuals who fail to get health insurance, as would be required under the new law. [Emphasis added.]
This is important because the insurers have been concerned that in earlier bills, the penalty for individuals who don't obey the government order to buy insurance would is so low that people would find it cheaper to pay the fine than to pay the premium. How are the companies to get all those new captive customers with a weak penalty? they wanted to know.
Apparently they won't have to worry about that anymore.
Next time Obama publicly demonizes Big Insurance, don't fall for the show. They are all in bed together when it comes to fundamentals.