Wait...
Obamacare has higher taxes in it?
Speakup eveyone who is surprised at this...
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anyone... .
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go right ahead, speak up...
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hello, is this thing on...
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< crickets chirping >
Posted on 03/27/2010 3:56:12 AM PDT by Son House
While Congress spent the last year debating how to provide health insurance for the uninsured, a little-known provision slipped into the heath care law that could cost some Americans upwards of $2,000 a year.
The Class Act, otherwise known as the Community Living Assistance Services and Support Act, is the federal government's first long-term care insurance program.
Here's how the program will work:
-- The federal government will approach employers next year about alerting workers to the proposed deduction.
-- The deduction will work on a sliding scale based on age. Younger workers will be charged less, older workers more. The Congressional Budget Office pegged the average monthly deduction at $146. The Centers for Medicare and Medicaid Services put it higher, at $240.
-- After a five-year vesting period, enrollees who need help bathing, eating or dressing will be eligible to take out benefits, estimated to be around $75 a day for in-home care.
(Excerpt) Read more at foxnews.com ...
Workers will pay, more.
I caught that one, big bold letters NEW TAX.
Well, since it covers bathing, I'll be heading to the "WashyWashy" daily.
This would not fit in my tag line, but should.
“Those who would give up essential liberty to purchase a little temporary safety deserve neither liberty nor safety.”
Benjamin Franklin (1706 - 1790), Historical Review of Pennsylvania, 1759
Congress is just chock full of nuts willing to pass such f’n retarded, idiotic tax increases.
So lets do the math.
$75 / day in entitlement. In one month that works out to about $2,250, or about $27,400 per year.
Now lets look at the money coming in. $250 per month times 60 months is ..... $15,000
So a person will pay in only enough money to cover 6 months of benefits for every 5 years they contribute. Yes I know there is a sliding scale and I should not be projecting revenues using the highest amount of money but work with me here.
Assume that a person works for 40 years. That would mean that the government is planning on paying out what .... 4 years of long term care. I know there is interest involved but it sure is sounding like the government is BETTING on people dieing before they use up this plan.
I’m older...so this is $240@mth is on top of everything else? I’m not rich and it looks like by the time their done I will be homeless and that is just the Obamacare Act.
Wait...
Obamacare has higher taxes in it?
Speakup eveyone who is surprised at this...
.
.
.
.
.
anyone... .
.
.
.
.
go right ahead, speak up...
.
.
.
hello, is this thing on...
.
.
.
< crickets chirping >
Actually, I read somewhere probably 10 years ago...that for most people in the last stages of life to expect, to spend around $30,000 for end of life palliative care. My mom died at home and that number was about right at that time.
I bet this money isn’t released until you have chosen to die.
“CLASS Act?” Not hardly. Theft is what it is.
I have three observations.
First, its hinted that this is voluntary. It’ll be a government insurance-type deal. As for it switching over to mandatory? It’ll have to...in order for it to get enough money to cover the initial group of folks.
Second...remember...you have to have five years in the system before you can be vested. So if they start in 2011...it’ll be 2016 before you could ask for a penny of this. Wonder where all the money will go in the meantime? Yes, a billion here and a billion there.
Third...since it is voluntary...I can guarantee that no one at the age of 18 to forty...will sign up for the deal. Around age fifty...you might get interested and then do it for ten years, and then retire to some new type of retirement home and use the $75 a day to pay for costs. Call it a Tucson hotel room for life as you retire. I see all kinds of creative ways that we could use and abuse this deal. Imagine sitting at a cheapo Vegas hotel at age sixty...and this stupid government policy paying for the hotel and breakfast each day.
Sounds to me like permanent Democrat "walking around money."
Doesn't "flex cash" mean no documentation of expenses needed once you're OKed as needing help bathing, eating or dressing?
A Democrat would probably get the initial medical need note from the same doctor who supplied the Rx for medical marijuana.
The redistribution expands!
Isthis crap something we have to participate in, like social security? I can’t afford this. DAMN YOU OBAMA!
It may start out as VOLUNTARY, but when the benefit outlays start swamping incoming contributions the Democrat Politburo will swiftly pivot to MANDATORY.
permanent Democrat “walking around money.” The redistribution expands!
^
Workers -vs- Enrollees
Is this optional or mandatory? Either way it’s a ploy to get money, but if this is mandatory, it’s another tax. People won’t have anything left in their paycheck.
“Class” as in working class. Congress exempt.
And I see they’re spreading the wealth around with this program, too.
“Saving.”
That’s what the government calls your contributions to whatever Ponzi scheme they’re trying to rope you into.
This is a great way to siphon money from oldsters—makes it easier to pull the plug on them when they’re left without a dime later.
But don’t worry: The Catholic bishops looked this whole thing over, and ONLY thing they found to objectionable was abortion funding.
Is this optional or mandatory?
^
A question for a supporting CONgressional Democrat this week-end, being they all know what’s good for us is in the bill
The on-air story said you could opt out (for now), but I don’t know how that will take effect.
The feds have the same type of plan for themselves at around 65 dollars a month.
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