Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

Skip to comments.

Obamacare Strikes Again
Political Realities ^ | 12/11/12 | LD Jackson

Posted on 12/11/2012 4:46:08 AM PST by LD Jackson

No one should really be surprised at anything that comes out of Washington, especially if it has to do with Obamacare. Remember what Nancy Pelosi said about the legislation? She famously stated that Congress would have to pass Obamacare to find out what was in the legislation. Well, for once, she was telling the truth. Oh boy, was she telling the truth. Let's see, we have the birth control mandate that has come about as a result of the open-ended regulations that are being written because of Obamacare. One would think our politicians would have been smart enough to not give bureaucrats that much power, but they don't seem to have a problem with it. I wonder what other regulation is going to crop up, all because Congress couldn't see its way to reject such an obvious power grab?

The birth control mandate is just a quick example and it is months old, but we have an even fresher reason to question Oamacare and what it is trying to do. Technically, it is called the Affordable Care Act, but I have yet to see anything affordable about the legislation. That's where this new fee comes in. Buried deep in a recent regulation that was issued, this fee is about to make the cost of your health insurance plan go even higher.

Obamacare(Fox News) Your medical plan is facing an unexpected expense, so you probably are, too. It's a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Obama's health care overhaul.

The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest companies, employers say. Most of that is likely to be passed on to workers.

Employee benefits lawyer Chantel Sheaks calls it a "sleeper issue" with significant financial consequences, particularly for large employers.

"Especially at a time when we are facing economic uncertainty, (companies will) be hit with a multi-million dollar assessment without getting anything back for it," said Sheaks, a principal at Buck Consultants, a Xerox subsidiary.

Based on figures provided in the regulation, employer and individual health plans covering an estimated 190 million Americans could owe the per-person fee.

The Obama administration says it is a temporary assessment levied for three years starting in 2014, designed to raise $25 billion. It starts at $63 and then declines.

Most of the money will go into a fund administered by the Health and Human Services Department. It will be used to cushion health insurance companies from the initial hard-to-predict costs of covering uninsured people with medical problems. Under the law, insurers will be forbidden from turning away the sick as of Jan. 1, 2014.

If my calculator is functioning properly, that means an extra $12 billion will be going into the coffers of the Health and Human Services Department. Ostensibly for the greater good, you will have to forgive me if I sound skeptical about their intentions. Little by little, we are learning that Obamacare is a piece of legislation that is so open-ended, the government can manipulate its regulations into doing whatever they want. So far, they are racking up a fairly decent record of doing just that. I can't wait to see what else Obamacare has in store for us. I seriously doubt it will be good news. Calling Obamacare the Affordable Care Act is a joke.


TOPICS: Politics
KEYWORDS: obamacare

1 posted on 12/11/2012 4:46:14 AM PST by LD Jackson
[ Post Reply | Private Reply | View Replies]

To: LD Jackson

“The Obama administration says it is a temporary assessment levied for three years starting in 2014, designed to raise $25 billion. It starts at $63 and then declines.”

Ya, right...a declining “fee”....hahahahahhahahahha......


2 posted on 12/11/2012 4:52:12 AM PST by G Larry (Which of Obama's policies do you think I'd support if he were white?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LD Jackson

Oh no....


3 posted on 12/11/2012 5:03:51 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LD Jackson

Twelve billion. It will probably be used to buy more hollow point ammo and handcuffs, for our healthcare, of course...


4 posted on 12/11/2012 5:04:13 AM PST by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: G Larry

Yeah, right...

It will “decline” to $187.00 in 2015, and 2016 it will “decline” again to $489.00, and be “totally eliminated” in 2016 for a “one time only” fee of $3,174.00.


5 posted on 12/11/2012 5:07:21 AM PST by CPOSharky (zero slogan: Expect less, pay more. (apologies to Target))
[ Post Reply | Private Reply | To 2 | View Replies]

To: CPOSharky
It will “decline” to $187.00 in 2015, and 2016 it will “decline” again to $489.00, and be “totally eliminated” in 2016 for a “one time only” fee of $3,174.00.

My thoughts exactly!! No Government "fee" EVER declines!
6 posted on 12/11/2012 5:13:34 AM PST by Eagle of Liberty (Be the Enemy Within the Enemy Within...)
[ Post Reply | Private Reply | To 5 | View Replies]

To: wastoute

The money is fungible and goes to weapons for terrorists
coming in from Mexico from Iran, and to weapons
for al Qaeda (so they can take down commercial airliners.

By chosing Obama and the traitors in Congress, and
allowing DNC fraud to perpetuate, America the Free
has chosen to die as a victim to Islam and terrorists
and Communism.


7 posted on 12/11/2012 5:19:15 AM PST by Diogenesis (Vi veri veniversum vivus vici)
[ Post Reply | Private Reply | To 4 | View Replies]

To: LD Jackson

btt


8 posted on 12/11/2012 5:27:41 AM PST by GailA (those who do not keep promises to Military, won't keep them to U)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LD Jackson

we all ready have rationed health care it’s called Medicare and Tricare Life, cause hubby served 20 years in the Navy and is over 65. They and I mean both parties are in the process of gutting it.

While they maintain their PLATINUM HEALTH CARE...THEIR 2 TIER HEALTH SYSTEM, one for them a great one, and the lousy one for thee...tax SLAVE.


9 posted on 12/11/2012 5:30:48 AM PST by GailA (those who do not keep promises to Military, won't keep them to U)
[ Post Reply | Private Reply | To 1 | View Replies]

To: LD Jackson

Surprise: New insurance fee in health overhaul law

By By RICARDO ALONSO-ZALDIVAR | Associated Press – 17 hrs ago

WASHINGTON (AP) — Your medical plan is facing an unexpected expense, so you probably are, too. It’s a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Barack Obama’s health care overhaul.

The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest companies, employers say. Most of that is likely to be passed on to workers.

Employee benefits lawyer Chantel Sheaks calls it a “sleeper issue” with significant financial consequences, particularly for large employers.

“Especially at a time when we are facing economic uncertainty, (companies will) be hit with a multi-million dollar assessment without getting anything back for it,” said Sheaks, a principal at Buck Consultants, a Xerox subsidiary.

Based on figures provided in the regulation, employer and individual health plans covering an estimated 190 million Americans could owe the per-person fee.

http://news.yahoo.com/surprise-insurance-fee-health-overhaul-law-185726448.html


10 posted on 12/11/2012 5:43:03 AM PST by KeyLargo
[ Post Reply | Private Reply | To 1 | View Replies]

To: LD Jackson; pookie18
OBAMACARE DELIVERED
11 posted on 12/11/2012 6:06:33 AM PST by FrankR (They will become our ultimate masters the day we surrender the 2nd Amendment.)
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Bloggers & Personal
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson