Posted on 10/07/2013 8:03:36 PM PDT by Conservative Beacon
On this edition of The Conservative Beacon Podcast with Josh Price, Josh highlights the early failures of Obamacare, including significantly lower-than-expected applications, website inefficiencies, higher-than-predicted premiums.
Josh calls out Rep. Peter Kings (R-NY) as a fraudulent conservative after condemning Sen. Ted Cruz (R-TX) and other Tea Party members.
(Excerpt) Read more at theconservativebeacon.com ...
That King is a ‘rat’s RINO.
Are you excerpting you own blog? Why?
“higher-than-predicted premiums”
Not true in every case. Those who get certain tax credits are able to get significantly low premiums depending on income levels. The deductibles are pretty high, however.
It’s best for conservatives to stick to the facts; that is, if we want to be a reliable source for the truth.
I appreciate the feedback. You’re right, the premiums are not higher in some cases. I should have been more specific. I’m referring to those (I’d say the majority) who didn’t think they’d see an increase, or not nearly as high as is being reported (like one of the stories I linked to).
A few years ago I would second that characterization, but now I would disagree. I believe King is represents exactly what the majority of the Republican Party believes now.
I don’t think he’s a RINO. He’s what the GOP now stands for unfortunately.
Conjunction junction, what’s your dysfunction?
I like what he said in the article : ‘Fraudulent Republican’. RINO means nothing to these fools anymore, and the general public and non-blogging conservatives have no idea what RINO means. Fraudulent Republican however really resonates and is much more accurate.
According to the ACA Law, tax credits will be allowed up to 400% of federal poverty level. Here is a link I found showing those income levels:
http://www.familiesusa.org/resources/tools-for-advocates/guides/federal-poverty-guidelines.html
Tax credits are based on income; the lower the income, the higher the tax credit given. There are also out-of-pocket reductions given to those with low incomes up to 250% of federal poverty level. That will be needed, as those deductibles, etc., look to be pretty steep for the lower premium plans.
Hope this information helps.
Fraudulent Pubbie, Dem in Pubbies’ Clothing, etc.
Very good information. But as I said last week, take the family who would have an $835 monthly premium, but with deductions and various subsidies can reduce that to $135, who picks up the tab for the balance?
Just because that the policy holder only pays $135/month out of pocket doesn’t mean the balance goes away. Taxpayers will make up the balance.
The ACA adds an additional tax to those with incomes above $250K. The law also taxes companies manufacturing certain medical devices. That’s how they plan to pay for the ACA...
Plus some other taxes, and also reduce Medicare payments to certain plans which were over-charging their fees.
At least that’s my understanding of it. There are certain websites with great details of the ACA. I might have misinterpreted some of the details; I’m sure others can point out my mistakes if need be.
Bottom line: many people will indeed have lower premiums if they use the Marketplace to buy insurance, but some of those plans come with high deductibles. No one can be refused insurance anymore because of a pre-existing illness (which is a good thing). And those with the higher incomes levels will pay a little more taxes to pay for all of this.
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