Skip to comments.Wheels coming off... ObamaCare policies will cost more, cover far fewer than promised
Posted on 02/11/2013 1:22:11 PM PST by BulletBobCo
The Affordable Care Act is looking less and less affordable.
Start with the IRSs new estimate for what the cheapest family plan will cost by 2016: $20,000 a year to cover two adults and three kids. And that will only cover 60 percent of medical bills, so add hefty out-of-pocket costs, too.
The next surprise is for parents who thought their kids would be covered by an employer. Sloppy wording in the law left that unclear until last week, when the IRS ruled that kids wont be covered.
Starting in 2014, the law will require employers with 50 or more full-time employees to offer coverage or pay a penalty. Affordable coverage, that is meaning the employee cant be told to contribute more than 9.5 percent of his salary. For example, a worker earning $40,000 a year cannot be required to pay more than $3.800.
But the law doesnt specifically mandate family coverage and now the administration says that wont be required.
(Excerpt) Read more at nypost.com ...
Now that it's left the starting line, the fog is dissipating to reveal the steamroller SOME of us said it would be all along and it's here to stay—with a few “adjustments” guaranteed to screw everybody all the more!
They can’t ask him that when they also exempted themselves and their staffers.
Obama mandated that 30 hours a week was a “full-time employee” and must be covered by Obamacare.
So businesses laid off any over 49 employees and cut everyone’s hours to 29 hours.
Congrats white lefties!
You get to have 1-2-3 more fun jobs in your (now) spare time!
An unemployed single minority woman on welfare with 3 kids and all the govt freevies makes $70,000 a year
A working white family of the same size pays taxes and their bills and mortgage and only makes $40,000 a year
“It’s only fair!”
- LeBran - Please pass my the remote and get me another Martunni please! - Shanniqua
They’ll move the goalposts just as soon as it suits them. When the rule of law is dead, the rule of whim is what you’ll get.
All I can say to that is that there must be something in it for them, and they didn’t see the big picture and never believed that that was his plan. They wouldn’t be the only ones who didn’t.
“The Affordable Care Act is looking less and less affordable.”
Affordable to all those that needed the 2008 Bailout: 1. Investment scam MBS banking, 2.Insurance companies, 3. Government pensions in the stock market.
All “The Exempt Ones”
I spent 2 hours on the phone with my company's insurance broker on Friday. She said to really make sure the govt doesn't look closely at you, bring that count down to 48, and do it soon. If you suddenly drop to 49 right before the new "accounting for employers" starts (which is March of this year, I think), they will be looking at you.
Also some interesting information, if you are under the 50 thresh hold, you do not have to offer insurance at all, but all of your employees will be required to have it in one form or another for year 2013, because when you file taxes in 2014 is when the tax/penalty will kick in if you (the individual) doesn't have insurance for the prior year.
Also, the "shall issue" policy doesn't kick in until Jan 2014.
It was quite the conversation, and a huge learning experience, that's for sure.
“If he wants to destroy insurance companies and make it all single payer government healthcare, why did the insurance companies push for approval of the monster?”
That’s right, and they backed Massachusetts Mitt all along.
And all the “fail by design” groupies, let’s see a quote from an “insurance” CEO that claims this will happen.
bump fop later
bump for later
Obamacare will without question fail miserably whether by poor design or as part of a plan to force the country to a single government run health care option. The big question is will the idiots who voted for the bill or the morons who re-elected Obama be happy with what they get. The low information voters who have been lied to with promises of less costly care, pick your own doctor, keep your own plan if you like it and expect the same choices in care you have today may soon see the extent of the lies. Will they be happy to pay more to stand in long lines for a 10 minute visit with a Physician Assistant, be denied care options and even see their loved ones fall victim to the death panels? Sooner or later all but the dumbest will see the extent of the lies.
It isn’t only the price folks, but when people see that they are going to get very little to NO care for the price, the wheels are going to fly off. The sad part is that the folks who have worked in doctors offices and such, are going to be the ones taking the extreme anger.
Everything is proceeding as I had foreseen.
Medicine gone underground.
mrsmel, I don’t believe Congress is exempt although some of their staff may be. It’s my understanding that senior officials and President and VP are exempt. But I don’t believe Congress is because Section 1312 states they must purchase their plans on the exchange. Of course Sebellius can find a way to sweeten the pot for them, I”m sure.
Which will result in government-run healthcare.
We use the vet in the family as necessary.
We use the vet in the family as necessary.
You are probably correct, I took it for granted that if they exempted their staffers, they exempted themselves, as they are never ashamed of being seen grabbing good things for themselves. They will have surprised me in this instance.
LOL! Great analysis!
You JUST changed your mind, where the hell have you been? It’s been the endgame from day one.
Interesting. I’m sure many of us would like to hear more from that conversation, but I understand your time is limited.
Obamacare is a wealth transfer --
If there is ANYONE here that thought this massive boondoggle would be cheap or effective, I have a bridge in Brooklyn for sale...cheap! :)
I don’t think this was hurriedly written.
Lefties have been drooling over this for decades.
All across the Beltway there are buildings chock-full of lawyers and poli-sci majors who are constantly on the phone with non-profits, action groups, lobbyists, etc. They sit and draft and redraft this stuff until all the jots and tittles satisfy the requisite donors and power brokers.
They may have cobbled it together from different drafts in their hurry, realizing it was finally time to put it in play.
The objective was for large companies to stop providing health care, and dump it on the State.
Which is why so many large companies are for this. It is a net gain to them, and their board members.
Looks like only 1% different in the two biggest groups.
Raw numbers wise there are more whites in America so there would be more whites on welfare.
Because, unlike most spending bills, Obamacare was pre-authorized and pre-funded all the way through final implementation by the initial act.
The current House cannot de-fund Obamacare unless and until the Senate also acts to withdraw the funding. And, even then, such a withdrawal of funding could be vetoed by the President.
Fat chance, huh?
We lost our chance to repeal Obamacare when we failed to win the presidency and a majority in the Senate.
On the way into work this am, I got behind a car that had a bumper sticker that read “I love Obamacare”. I wonder how much he would love it if he took the time to find out just some of the details. The sticker made me sick.
My opinion? Socialists are working at a fever-pitch to destroy PRIVATE insurance in any form so we’ll all move to a Single Payer system.
That’s been the deal all along. You always gotta look at the end game with the Commies. It’s all about absolute control over every aspect of our lives.
Oh, and stuffing their pockets as they do it. B@stards.
DH and me. And trying hard to talk the daughter out of med school
Game. Set. Match. Even if the IRS estimate is off, the middle class will be crushed. And that Obamaphone woman will be begging.
ObamaCare is still a rough justice wealth transfer from white to minority. If some welfare whites benefit then this is just the cost of doing business as far as the Obama crowd is concerned.
Want a real anti-white racist program? Check out the multi-billion dollar “Millennium Scholarships” of the Bill&Melinda Gates Foundation. Po’ white students need not apply
For the time, lets just say there is no way to defund Obamacare. Why not then refuse to fund other unnecessary government programs and agencies, using the fact that Obamacare is going to take Billions more to implement than originally disclosed?
Much like the Amnesty issue, when does the Republican Party draw a line in the sand and say, “enough is enough”. Is the fear of losing political power worth losing the Country most of us grew up in?
I'm sorry to be replying like this, but as days go by it certainly appears that both of our major political parties are actually participating in “fundamentally transforming” our Country.
... and a lot of employees working 29-hour weeks.
...[by 2016] the cheapest family plan will cost $20,000 a year to cover two adults and three kids. And that will only cover 60 percent of medical bills, so add hefty out-of-pocket costs, too... the IRS ruled that kids won't be covered. Starting in 2014, the law will require employers with 50 or more full-time employees to offer coverage or pay a penalty. "Affordable" coverage, that is -- meaning the employee cant be told to contribute more than 9.5 percent of his salary. For example, a worker earning $40,000 a year cannot be required to pay more than $3.800. But the law doesn't specifically mandate family coverage -- and now the administration says that wont be required.
Gee, is this a surprise to anybody?
Because, currently the Congress is not involved in the appropriation of any spending.
Recall that there has not been a budget approved for four years now. Consequently, all of the appropriations are now a function of "The Current Services Baseline" -- which uses last year's expenditures and increases them by a specified amount (usually 5-to-9%) for "inflation".
Until the House and Senate both sign off on a budget, this procedure will continue -- even though the Senate is breaking its own rules.
The only control the House has over any spending is in the negotiations over the debt limit and continuing resolutions.
Harry and the Democrats weren't dummies. Once they passed Obamacare, they knew they'd lose the House in the 2010 by-election -- so they adopted a cynical and deceitful policy that essentially shut the House out of the budgetary process.
Now you are beginning to see the picture...all of your money really belongs to the gov, the banks and the school systems.
They have made it impossible for the average person to accumulate wealth without forgoing children...
They can use various mandatory insurances to drive your every move.
When the hyper-wealthy run out of good investments, what do they do? They start wars and create massive markets out of thin air by passing new laws.
Now everyone get into debt like good little piggies!
And the surprise here would be what? Mac daddy is unable to ever tell the truth about anything.
I think you’re reading the numbers wrong, but without more context I can’t tell. What it looks like is that those are the stats of all of the people on welfare, not the raw stats of the entire us proportion of welfare recipients per capita.
There are far more white people than black people in this country - FACT! if the whole of welfare recipients is made up mostly of the three groups you outline, which the numbers say just slightly less than 95% of all recipients are in the three groups), well then... That paints a different picture now doesn’t it?
That would mean that blacks as a portion of the populace far in a way exceed whites as a portion of the populace welfare recipient-wise (IOW, they have a much greater percentage as a whole representing their group to make numbers like that [classic over-representation, or bias if you will]).
I’d like to be proven wrong, but I doubt that will be the case.
They get an initial boost in premiums. Then hand out bonuses and walk, leaving a mess behind.
They know the game is over, so they are cashing in.