Skip to comments.13 Gifts from Obama
Posted on 12/10/2012 8:25:39 AM PST by TurboZamboni
With just 20 days until Christmas, the White House has sent you seven gifts -- and it's not seven swans a-swimming.
You may decide these shouldn't be called gifts. I agree. He's given us a stack of proposed Obamacare rules prepared well before the election and released to the public just two days before, and eight days after, Thanksgiving.
In a nutshell, here is what's inside these 871 pages of federal regulatory "gift-wrapping": · Health Insurance Market Rules (131 pp) - rules on ending health insurance (as we know it no pre-existing condition exclusions) and nationalizing coverage, leading to higher costs. · Wellness Program Incentives (81 pp) - rules on behavioral modifications, leading to higher premiums for the non-healthy and non-compliant. · Standards for "Essential Health Benefits" (119 pp) - rules on HHS-mandated coverage, leading to higher premiums and violated consciences. · "Qualified Health Plan" Certification Notice (3 pp) - federal control over health plan certification, leading to limited options and higher premiums. · Benefit and Payment Parameters (373 pp) - rules for user fees (new taxes), intrusive individualized risk scores, and redistribution of dollars. · Additional Medicare Tax (42 pp) - collection requirements for 0.9% tax on "high-earners." · Multi-State Federal Plans for Exchanges (122 pp) - rules that force exchanges to offer national health plans
(Excerpt) Read more at healthenews.cchfreedom.org ...
Limits on Flexible Spending Account - the amount you can contribute to an FSA is limited to $2,500 per year, with an annual cost of living increase. (raises $13 billion)
Reduced Ability to Deduct Medical Expenses - threshold for deducting unreimbursed medical expenses raised from $7.5% to 10%. ($15.2 billion)
Medicare Payroll Tax Increase - If you earn > $200,000 (individual) or > $250,000 (couple), your payroll tax will be 0.9% higher. ($86.8 billion)
Investment Tax Assessment - A new 3.8% tax on unearned income for higher-income taxpayers. ($123 billion)
Employer Retiree Coverage Subsidy Eliminated - Medicare Part D retiree drug subsidy payments to employers are eliminated. ( $4.5 billion)
Tax on Medical Devices - A new 2.3% excise tax is imposed on the sale of any taxable medical device. ($20 billion) I count 13 "gifts" in 41 days. The President started his "12 days of Christmas" too early, ends it too late, his count is off, and they aren't even gifts.
Stats of the Week: 3.5% - NEW proposed tax on premiums (user fee) to pay for Federal Exchange
2,217 - hospitals penalized by Medicare for too many readmissions.
$2 million - Barnes-Jewish Hospital losses from readmissions penalty (payment cuts.)
49 - states with prescription drug monitoring programs (Missouri has none).
38 - percent of large companies asking employees to take health risk assessment.
6,500 - staff and contractors for the Centers for Medicare and Medicaid Services.
“38 - percent of large companies asking employees to take health risk assessment.”
“Tax on Medical Devices - A new 2.3% excise tax is imposed on the sale of any taxable medical device.”
Well not exactly since his "Death Panel" will not approve any medical devices for you and so you will not be taxed on them. //sarc