Doing the Math

Okay, here's the scenario:

Freewheeling Fred Freeman is 36 years old. He pulls in $36,000 per year, but he's single, has no dependents and has no health care coverage at work. He's been relatively healthy all his life and, having rarely needed to see a doctor, carries no health insurance.

Under the new health care bill, he must pay a no-insurance-coverage fine, which he does. Fred pays federal fines of $695 per year for 10 years, a total payment in fines of $6,950. At age 46, Fred discovers he has cancer and, since he cannot be denied coverage for his pre-existing condition, obtains health care insurance under the government's public option. Fred undergoes multiple surgeries and repeated cycles of radiation treatments. His medical bills total out at over $180,000.

Assignment: Explain exactly how this reduces the cost of government and provides a benefit to the American taxpayer.