June 28, 201214 yr A friend of mine (who is working on a doctorate in economics) just posted these two pictures on his Facebook page. Interesting data, assuming the out-of-pocket info is accurate. [ATTACH=CONFIG]36862[/ATTACH] [ATTACH=CONFIG]36863[/ATTACH] When I click on the charts they are to small to read. I assume it talks about rising costs?
June 28, 201214 yr My portion of my health insurance premium from my employer "provided" plan is $58 per pay check. I get 26 checks annually so I pay $1508 for my employer "provided" coverage. According to John Yarmuth the tax for not having insurance will be about $750 annually. Now that I can't be denied coverage because of pre-existing conditions please explain to me why I shouldn't just drop my employer "provided" coverage, pay my Obamacare tax and call then buy coverage when I get sick.
June 28, 201214 yr When I click on the charts they are to small to read. I assume it talks about rising costs? Yessir.
June 28, 201214 yr My portion of my health insurance premium from my employer "provided" plan is $58 per pay check. I get 26 checks annually so I pay $1508 for my employer "provided" coverage. According to John Yarmuth the tax for not having insurance will be about $750 annually. Now that I can't be denied coverage because of pre-existing conditions please explain to me why I shouldn't just drop my employer "provided" coverage, pay my Obamacare tax and call then buy coverage when I get sick. You most likely will have a waiting period maybe 10-15 days.
June 28, 201214 yr Yessir. To be clear, that's the maximum out of pocket premium allowed under the law, not your buddy's prediction of what those premiums will be, correct?
June 28, 201214 yr To be clear, that's the maximum out of pocket premium allowed under the law, not your buddy's prediction of what those premiums will be, correct? Correct. The table was produced by the Congressional Research Service. See page 26 of their report on the Private Health Insurance Provisions in PPACA, here.
June 28, 201214 yr You most likely will have a waiting period maybe 10-15 days. That's not in the law and it just says that people can't be denied because of pre-existing conditions. John Yarmuth was asked the same thing on Mandy Connell today and his answer was that people will do the right thing. Just like there's no welfare fraud, no food stamp fraud, etc.
June 28, 201214 yr So my health plan through my employer is with United Health. You're telling me that you believe the govt will tell UHC what they can cover? Are you saying UHC will cut coverages? If so, what is that based upon? They will in many ways. They can limit the amount of payment for certain procedures, therefore you will be left to pay the remainder. Should there be a shortfall of money, they can determine what is necessary and what is not. The whole system has been ceded to the government. Unless you have big money, you will have less and less choice, and expect to wait much longer than you currently do. he doctors and hospitals are smart. They will shift their care to whatever the government is paying the most for. The consumer will be the least important person in the health care equation. Should make you feel good all over. Oh yeah, and you will pay "tax" more than you did before. Outstanding.
June 28, 201214 yr Author I've been watching coverage in my office since 10:00 this morning. I can't take any more.
June 28, 201214 yr That's not in the law and it just says that people can't be denied because of pre-existing conditions. John Yarmuth was asked the same thing on Mandy Connell today and his answer was that people will do the right thing. Just like there's no welfare fraud, no food stamp fraud, etc. A lot of things aren't stated in the law and we aren't sure of right now. Right now in KY you can either start on the 1st or 15th of the month for individual health insurance. Most states you have a 10 day waiting period to get coverage if you don't currently have/had coverage in the last 63 days. I see no reason for that to change.
June 28, 201214 yr A lot of things aren't stated in the law and we aren't sure of right now. Right now in KY you can either start on the 1st or 15th of the month for individual health insurance. Most states you have a 10 day waiting period to get coverage if you don't currently have/had coverage in the last 63 days. I see no reason for that to change. I see no reason that people should be forced to buy insurance but that makes no difference in this law. As we learned with the Arizona immigration law federal law supersedes state law and Yarmuth even conceded that a person could do this. Remember Yarmuth is one of the most staunch supporters of this thing.
June 28, 201214 yr They will in many ways. They can limit the amount of payment for certain procedures, therefore you will be left to pay the remainder. Should there be a shortfall of money, they can determine what is necessary and what is not. The whole system has been ceded to the government. Unless you have big money, you will have less and less choice, and expect to wait much longer than you currently do. he doctors and hospitals are smart. They will shift their care to whatever the government is paying the most for. The consumer will be the least important person in the health care equation. Should make you feel good all over. Oh yeah, and you will pay "tax" more than you did before. Outstanding. Just to repeat part of Clyde's question, what do you base this on?
June 28, 201214 yr There was a great deal of talk before the decision that if the AHCA was struck down that it would be a blow for Obama come November. Now that it has been upheld I'm hearing that it will be a blow for Obama. Hot air? Valid double talk?
June 28, 201214 yr Just to repeat part of Clyde's question, what do you base this on? There is not an unlimited supply of money. Adding folks that have not had health insurance and all of their ailments will undoubtedly increase the costs for everyone. It is simple supply and demand. The government will exclude themselves from participating and then subject all of us to this nonsense. Boon for the uninsured. I hope the laws are tougher for those that don't buy now, than the laws for not carrying auto insurance. (Those are a joke and rarely enforced.)
June 28, 201214 yr There was a great deal of talk before the decision that if the AHCA was struck down that it would be a blow for Obama come November. Now that it has been upheld I'm hearing that it will be a blow for Obama. Hot air? Valid double talk? I think it is a blow, in that the Supreme Court took this whole health care act, looked at it, looked at it some more, and then said, "Of course it's legal...it's just another tax." That was NOT what Obama and the left wing was hoping to have their signature piece of legislature labeled as by the end-all-be-all of law in the country. How do they realistically argue that it isn't a tax when its very legal existence is based upon the Supreme Court saying, "yes, it is". Now President Obama, who has been campaigning that he will categorically not raise taxes for the middle class, has just spearheaded the creation of one of the biggest taxes on the middle class in history. It bit Bush Senior in the rear...I think it's pretty reasonable to say that it will likely (to some extent, at least) do the same thing to Barry O.
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