Gov Access to Your $ Data

By Diana Furchtgott-Roth

Buried in the 1,017 pages of the House Democrats’ health-care bill is a little-noticed provision that for the first time could give the government access to the checking or credit-card information of every American. Under section 163, which is entitled “Administrative Simplification,” the bill sets new “standards” for electronic transactions between individuals and their health-care providers.

According to section 163, the standards will “enable the real-time (or near real-time) determination of an individual’s financial responsibility at the point of service . . . ” In addition, they will “enable electronic funds transfers, in order to allow automated reconciliation with related health care payment and remittance advice.”

Continue reading Turning Uncle Sam into Peeping Tom – Another target of Obamacare: Americans’ right to financial privacy.