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In the background of the debate on simply the right way to accomplish these targets is the looming challenge that, as increasingly more child boomers begin to retire, Medicare would be the subsequent monetary crises if it isn’t overhauled in this reform.

While folks wouldn’t face a penalty for not buying insurance coverage, Republicans would put in place a new provision to encourage continuous protection: Individuals would face a 30 p.c surcharge in their premiums in the event that they signed up …