Obamacare's Looming Premium Hikes

[actaeon277]

Obamacare's "Cheap" Plans Really Aren't That Affordable Anymore -- The Motley Fool

Based on recent figures from the Department for Health and Human Services and two new studies, the cost for Obamacare's cheapest plans are set to soar in 2016.

 

[actaeon277]

Don?t Kill the Cadillac Tax | National Review Online

And so the administration came up with the Cadillac tax. The president and his team claim the tax will have no effect on workers or individual taxpayers, because it is structured as an excise tax on employers who sponsor expensive plans. That is false. Economists at the Congressional Budget Office (CBO) and elsewhere believe the Cadillac tax will have pretty much the same effect on employer plans that a straight limitation on the tax exclusion would. Employers will respond to the prospect of paying the tax by adjusting what they offer to workers to keep premiums below the relevant thresholds. That means they will raise deductibles, trim benefits, and narrow the networks of physicians and hospitals participating in their plans. In other words, employers are going to offer less valuable health benefits to their employees.

Read more at: Don?t Kill the Cadillac Tax | National Review Online

 

[hoosierdoc]

Medicare to pay for end-of-life counseling for terminally ill - CBS News

As well they should. They pay for smoking cessation counseling.

if a doc spends 15 mins talking to a patient about how they want to be treated medically at the end of their life, shouldn't he be Paid for that?

Too often I see quite end-stage disease patients who have not been told they're about dead and don't know it, or what to do.

 

[actaeon277]

Blog: As Obamacare collapses, HHS claims taxpayers have 'obligation' to bail out crony health insurers


For the 2014 benefit year, insurers losing more than expected asked for $2.87 billion in government payments through the risk corridors program, but HHS only collected $362 million from insurers performing better than expected. Thus, the funds available to the federal government only amounts to 12.6 percent of what insurers argue that they're owed.

Wait. I thought Republicans were the party of big business.
Yet, now we're supposed to bail out the insurers?

 

[pudly]

Yet, now we're supposed to bail out the insurers?

Not surprising now that they are in bed with the government. When they offered free market services, they had to price their service properly or go under.

 

[Leadeye]

It always was a scam, insurance companies were simply hired as tax collectors.

Always follow the money.

 

[actaeon277]

It always was a scam, insurance companies were simply hired as tax collectors.

Always follow the money.

It's a scam, because they'll work to the so called "single payer" system, which I call the 330 million payer.
People will pay even more for their bills, but they won't care, because it will be hidden in their tax bill.

 

[indykid]

The continued decline of our healthcare freedom:

Obama-Scare: Biggest US health insurer might leave exchanges | Fox News

 

[actaeon277]

The continued decline of our healthcare freedom:

Obama-Scare: Biggest US health insurer might leave exchanges | Fox News

That's why I posted my link. Them leaving will have big repercussions.
So, they will just try to rewrite the ACA again.

 

[bwframe]

More local repercussions:

Half of insurers on Indiana Obamacare market are losing money | 2015-11-30 | Indianapolis Business Journal | IBJ.com

With health insurance coverage pricey, firms adopt 401(k)-like plans | 2015-11-28 | Indianapolis Business Journal | IBJ.com

 

[spec4]

Any fool would know this whole thing was doomed from the start. I only wish that those who didn't vote for him would be exempt from all of this. Now I'm reading the new regulations on real estate deals is also becoming a fiasco. The law, being almost 2000 pages is guaranteed to fail, all costing the vendors and consumers more to figure out how to comply. No hijack, just an example of how big govt screws thing up.

 

[actaeon277]

Obamacare plans put big dent in customers' wallets

After paying for his Obamacare plan, as well as his Social Security and Medicare withholding, "we then get to start paying income tax on the roughly 70 percent that remains. Then state and local taxes, and, finally, we can live on Ramen noodles after the mortgage, utilities and other living expenses. Is this a great system or what?" Broyles said.

Broyles' annual income is about $100,000, which means he earns too much to qualify for a federal tax credit to reduce his monthly premium payments. But even people who get those subsidies can feel sticker shock.

 

[Doug]

The Affordable Care Act was designed to increase the number of people with insurance, not improve health care. If you can't afford the co-pays after you pay for your insurance, you still don't get health care.
It impoverishes the nation while claiming to do good; it does exactly what it was designed to do.

 

[actaeon277]

The Affordable Care Act was designed to increase the number of people with insurance, not improve health care. If you can't afford the co-pays after you pay for your insurance, you still don't get health care.
It impoverishes the nation while claiming to do good; it does exactly what it was designed to do.

Which would be to set the stage for "single-payer" insurance, or as I like to call it, 330 million payer insurance.

 

[KG1]

The Affordable Care Act was designed to increase the number of people with insurance, not improve health care. If you can't afford the co-pays after you pay for your insurance, you still don't get health care.
It impoverishes the nation while claiming to do good; it does exactly what it was designed to do.

Yes indeed. The "Affordable Care Act" is a misnomer.

 

[IndyDave1776]

The Affordable Care Act was designed to increase the number of people with insurance, not improve health care. If you can't afford the co-pays after you pay for your insurance, you still don't get health care.
It impoverishes the nation while claiming to do good; it does exactly what it was designed to do.

This stands in evidence that the United States has not executed nearly enough people for treason.

 

[IndyDave1776]

This stands in evidence that the United States has not executed nearly enough people for treason.

Wait, what am I saying? The traitors and those responsible for prosecuting treason are the same people.

 

[KG1]

Wait, what am I saying? The traitors and those responsible for prosecuting treason are the same people.

Would they then be abetting their own treason? That's even worse than worse.

 

[Doug]

I sincerely doubt the "single payer system" will be an insurance system.

More likely is a system modeled after the current Veteran's Administration hospitals.

All medical personnel will be government employees. All medical facilities will become government owned. (The original owners will be compensated at "fair market value." This payment will be made in installments which will start when the facilities begin making a profit under the new ownership; in other words, never.)

The quality of healthcare will be like the current V.A. system; some bright spots of competence and caring amid a sea of incompetence and neglect. All will be paid the same regardless of performance.

 

[ghitch75]

just got a letter last week that my premium went up 240%

they haven't said what my deductible will do!!!