| Healthcare Bill Part III; Obamacare | |
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| Tweet Topic Started: Mar 3 2014, 02:20 PM (48,587 Views) | |
| LTC8K6 | Mar 24 2015, 09:24 AM Post #1771 |
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Assistant to The Devil Himself
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But no one would have been signing up for Obamacare plans until late 2013... |
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| kbp | Mar 24 2015, 09:29 AM Post #1772 |
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Obamacare has tax credits for those who have income within 100-400% of the Federal Poverty Level, which means an individual earning between $11,670 to $46,680 will receive subsidies on their premiums and some also getting it on their out-of-pocket expense. Now the subsidies vary with income on a means tested basis and absolutely no individual has an out-of-pocket lower than $2,000, some more than double that amount. The main objective for a person to have insurance is to reduce the financial risk of the insured so they will not go broke. Another point, when it is health insurance, is to have health care available. At the lower income level, avoiding going broke probably is not the top priority for having health insurance, as they're close to being broke already, so health care is likely the main objective. I'd think that if it's accurate to say that, the majority of them have tried to use the coverage and are learning the hard way the basics on how deductibles and out-of-pocket expense works. HHS is celebrating their head count of 11.4 million Obamacare customers (IIRC). They're providing subsidies for about 74% of those customers. That would give us just under 8.5 million of the customers getting premium subsidies. It's a warm and fuzzy FREE MONEY program that would add a secure feeling for those signing up, but even if they're only paying $50 or less a month, it is money spent they can't use the coverage for unless they pay the out-of-pocket. So what other problems could be added to this program???
It looks like about 4.25 million will see $794 less. How many were hoping to use it to pay for that out-of-pocket? Sort of looks like Barry decided to help them spend even that Earned Income Credit FREE MONEY redistributed annually! This looks like a dropout problem for quite a few. They felt good getting the FREE MONEY premium subsidy only to find out the up front cost is beyond their budget and next comes Barry taking the annual FREE MONEY from their tax returns. Is that re-redistribution? ...and just as a refresher, recall that the latest CBO report forecast Obamacare enrollment to jump from 11.4 million this year to 21 million next year ...a 90% gain ...more likely more than a 100% gain after we figure out what the actual head count is! . |
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| kbp | Mar 24 2015, 09:41 AM Post #1773 |
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You may recall that they were bragging about more people becoming insured ahead of the deadlines, mainly due to employers working to get ready for the law and others hoping to lock in "grandfathered" policies before premiums increased to meet the regulations. We also had layoffs and an increase in part-time workers so some employers could avoid insuring their employees. I suppose the reaction to it being law is why they went back 5 years. We actually saw a reduction in the number of uninsured by 2012. |
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| LTC8K6 | Mar 24 2015, 10:12 AM Post #1774 |
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Assistant to The Devil Himself
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Says who?
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| wingedwheel | Mar 24 2015, 10:16 AM Post #1775 |
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Not Pictured Above
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I believe the same people that want us to believe we have less unemployed citizens. |
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| kbp | Mar 24 2015, 11:48 AM Post #1776 |
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Professional survey by Dewey, Cheatem & Howe! |
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| kbp | Mar 25 2015, 09:05 AM Post #1777 |
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Looks like they're using what staff they have to black out and hide the information requested! On the bigger issue.... ...In its court filing, the Justice Department argued that CMS resources "have been placed under unusual strain" in the past year due to demands of launching Obamacare Is the DOJ telling us that administration of Obamacare is costing MORE than they appropriated funds for? Are they hiding the costs by stealing employees paid thru appropriations for something other than Obamacare? |
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| kbp | Mar 25 2015, 09:20 AM Post #1778 |
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Imagine writing this speech for him! As promised, the Affordable Care Act has provided:
Edited by kbp, Mar 25 2015, 09:20 AM.
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| foxglove | Mar 25 2015, 09:29 AM Post #1779 |
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Should gay men be considered a high risk group for health care? http://nypost.com/2015/03/24/mystery-behind-rising-syphilis-rates-in-city/ Syphilis in the city is on the rise, and health officials aren’t sure why. Instances of the chancre-causing disease spiked 8 percent in the first half of 2014, from 585 to 628 cases. The disease has shown a steady increase long-term as well with 1,167 reported cases in 2013, compared with 117 cases in 2000. Chelsea is the most hard-hit area. The most recent statistics showed an infection of nearly six times the citywide average. Officials are scratching their heads, since studies show condom use is remaining steady. Deputy Health Commissioner for Disease Control Jay Varna conceded Monday that the data is based on self-reporting, a potential flaw. He said anonymous sexual hook-ups through the Internet are a hurdle to prevention because partners often don’t stay in touch. Officials said the “vast majority” of syphilis cases are among men “who have sex with men.” http://mynewsla.com/life/2015/03/09/ocular-syphilis-cases-west-coast-gay-men-prompt-health-warnings/ http://finance.yahoo.com/news/more-ocular-syphilis-cases-west-012700336.html;_ylt=AwrBJR5owxJVfxoAreXQtDMD More Ocular Syphilis Cases in West Coast Gay Men Prompt Health Warnings, Says AHF |
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| kbp | Mar 25 2015, 09:49 AM Post #1780 |
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To keep premiums down they may need to figure out how to classify "gay" as a pre-existing condition without also classifying it as some illness (joke directed at how definitions vary as a means to an end in government). All joking aside, I'm not sure where any person would be identified as a part of this "high risk group." |
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| kbp | Mar 25 2015, 10:10 AM Post #1781 |
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...“Why is it, for example, that healthcare costs for our economy as a whole are finally slowing down but out-of-pocket costs...rising?" Ask HHS about the exchange regulations that created out-of-pocket costs not AFFORDABLE for those they insured. My guess is that it was an effort to keep premiums down, but the shift in cost thru out-of-pocket subsidies were just too great to even consider covering all of it. ...“Is it really possible that the Supreme Court will decide to strip more than 7 million people of their ability to pay for health insurance?" That would be "their ability to [have others] pay." I'm sensing a good reason for "wild claims about socialism" there! . Edited by kbp, Mar 25 2015, 10:11 AM.
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| kbp | Mar 25 2015, 10:42 AM Post #1782 |
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An executive rewrite of the executive rewrite that changed the law? The shift in costs desired by these Democratic Senators appears to be a desire to spread the higher cost of the smaller "51 to 100 employees" group premiums into the >100 employee group premiums. Whatever it is, the Obamacare law is certainly a 'living' law. |
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| Baldo | Mar 25 2015, 11:14 AM Post #1783 |
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Why do they want to delay the effective date in the definition change for two years? That puts it pass the 2016 Elections, so the Senators up for re-election won't have to face the consequences.
Edited by Baldo, Mar 25 2015, 11:15 AM.
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| kbp | Mar 25 2015, 12:04 PM Post #1784 |
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The <50 and <100 employee companies are a huge part of our employment here. They may have to again alter the "hinky dinky" methods used for counting employment and GDP growth! The best political strategy for the Democrats might have been to delay all of Obamacare except maybe Medicaid (FREE MONEY votes there). I just can't imagine what the newly insured policy holders could find good to say about their coverage after experiencing the out-of-pocket costs. Maybe they'll get politically active in an effort to eliminate that cost? |
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| Baldo | Mar 25 2015, 01:37 PM Post #1785 |
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Slightly off topic but it applies to prescriptions. I, as well as others, have notice an increase in generic medications. I learned a while ago to SHOP for prescriptions as prices vary greatly. In fact one pharmacy clerk told me privately that prices vary depending on whether you have insurance or not, and what is your deductible. For example the actual cost for one prescription was actual less that the deductible, but the Pharmacy charged them the deductible. So I started checking around I found it out to be true. I also discovered www.goodrx.com. You can put your zip code in and it will show you all the prices for your prescription locally. They vary greatly. Two month ago I renewed a prescription & it increase from about $20 to $39. I told the clerk that I will be back. I checked on GoodRX and found prices were quite less. At my national pharmacy GoodRx listed a coupon for the same prescription at $9.47. Now understand this is the same insurance company I used for drugs. So just this week I renewed it again and when I went to pick it up I was seeing what were they going to try to charge me. It was now 9.47. So I thought to myself, Big Pharma know people don't shop, but my Phramacy knew I was watching them now. Morale of the story. Shop for prices. Use GoodRx to an aid and save. You will be shocked at the difference sometimes. I just can't help but think people are in for a big surprise with Obamacare as time goes by. |
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