| Healthcare Bill Part III; Obamacare | |
|---|---|
| Tweet Topic Started: Mar 3 2014, 02:20 PM (48,693 Views) | |
| kbp | Mar 22 2014, 11:44 AM Post #181 |
|
Drudge...
LMAO! I've experienced the penalties for insufficient 'Qtr estimates' many times because my income was subject to the outcome of the last qtr of the year and varied extremely from one year to the next. The only thing that prevented massive penalties was to pay higher tax estimates than you had in the previous year, and that did not avoids all penalties if it had been a good year. Luckily we had until Jan 15 to try to cover the tax liability and reduce penalties. |
![]() |
|
| Mason | Mar 22 2014, 05:08 PM Post #182 |
|
Parts unknown
|
. Cheap Drugs from Canada, Baracky said.... Well, look again -- $650.00 a month for a common arthritis medication! MUST READ http://p.washingtontimes.com/news/2014/mar/22/obamacare-plans-bring-hefty-fees-for-certain-drugs/ Chatham is right about Single Payer. . Edited by Mason, Mar 22 2014, 05:09 PM.
|
![]() |
|
| kbp | Mar 22 2014, 08:46 PM Post #183 |
|
If Obamacare is a teazer for single payer, the people should learn we can't afford it. They'd probably had been better off just giving Medicaid to more people whie leaving the balance untouched, then working on care reform.
Edited by kbp, Mar 22 2014, 08:46 PM.
|
![]() |
|
| kbp | Mar 23 2014, 12:37 PM Post #184 |
|
That $2.6 trillion does not include the collateral damage, the cost of draining the funds from our economy and increasing the cost of production in the nation. That's closer to $5 trillion. Even if you spread out the startup cost over a decade(10 year), deduct the Medicaid expansion (39%+/-), and use their cost numbers ($1.8 trillion), we're going to spend at least $100 billion per year to insure about 700,000 previously uninsured. $1.8 trillion = CBO lowball estimate for decade (May 2013 estimate) $o.8 trillion = Medicaid 39% $1.0 trillion = CBO's Exchange cost /10 = years $100 billion per year cost /700 thousand = uninsured now insured $143,000 per policy We're getting close to $150,000 per year to insure each person who was previously uninsured. These numbers need to get out in the media (after checking my math!). Those numbers do not include the indirect costs our economy will suffer. |
![]() |
|
| Baldo | Mar 24 2014, 12:27 PM Post #185 |
|
Meanwhile another big deadline awaits, not the enrollment of Obama-care, but rather the Medicare's physician reimbursement system which will go into effect on April 1. Physicians face a 24% Medicare pay cut on April 1 if lawmakers pass nothing. What is the SGR? Medicare Sustainable Growth Rate Medicare Sustainable Growth Rate The Medicare Sustainable Growth Rate (SGR) is a method currently used by the Centers for Medicare and Medicaid Services (CMS) in the United States to control spending by Medicare on physician services.[1] Enacted by the Balanced Budget Act of 1997 to amend Section 1848(f) of the Social Security Act, the SGR replaced the Medicare Volume Performance Standard (MVPS), which was the previous method that CMS used in an attempt to control costs. Generally, this is a method to ensure that the yearly increase in the expense per Medicare beneficiary does not exceed the growth in GDP. Every year, the CMS sends a report to the Medicare Payment Advisory Commission, which advises the U.S. Congress on the previous year's total expenditures and the target expenditures. The report also includes a conversion factor that will change the payments for physician services for the next year in order to match the target SGR. If the expenditures for the previous year exceeded the target expenditures, then the conversion factor will decrease payments for the next year. If the expenditures were less than expected, the conversion factor would increase the payments to physicians for the next year. On March 1 of each year, the physician fee schedule is updated accordingly. The implementation of the physician fee schedule update to meet the target SGR can be suspended or adjusted by Congress, as has been done regularly in the past (a doc fix). Physician groups, including the American Medical Association, lobby for a permanent reform to the SGR so that physician payment rates are not subject to annual cuts (a permanent doc fix)...snipped http://en.wikipedia.org/wiki/Medicare_Sustainable_Growth_Rate The Death of SGR Reform A Senate bill to repeal and replace Medicare's physician reimbursement system and to extend certain Medicare programs would cost about $180 billion over the next decade, according to the Congressional Budget Office, which released the estimate late Wednesday night. The estimate came five days after the House of Representatives passed a bill also aimed to repeal the SGR, but the Senate is unlikely to vote on that bill because it contains an amendment that excuses people for five years from the healthcare reform law's financial penalty for not purchasing health insurance. The CBO estimated that this add-on would increase the number of uninsured Americans by about 13 million in 2018. The Senate returns from recess on March 24 and must act quickly if it still wants to move forward with the bill. Physicians face a 24% Medicare pay cut on April 1 if lawmakers pass nothing. The bill introduced last week by Senate Finance Committee Chairman Ron Wyden (D-Ore.)—the Medicare SGR Repeal and Beneficiary Access Improvement Act of 2014—reflects ideas supported by the Senate Finance, House Ways and Means and House Energy and Commerce committees to repeal and replace the SGR. It also contains funding for a variety of expiring programs (so-called Medicare extenders) viewed as critical to rural hospitals, such as outpatient therapy caps, ambulance add-on payments and the low-volume hospital adjustment. However, the bill didn't provide a mechanism to pay for the SGR fix or the extenders. According to sources familiar with SGR negotiations on Capitol Hill, Wyden is open to using overseas contingency operations funds—which are used to pay for the war in Afghanistan and other overseas operations—to offset the cost of the bill. Had the bill been just a straight forward SGR repeal bill, it would have cost just under $140 billion over the next decade. The extenders tacked on an additional $41 billion in costs over the same period, bringing the cost to $180 billion. The bipartisan Committee for a Responsible Federal Budget said the bill will actually cost $215 billion over the next decade. Its estimate includes $35 billion in interest. http://www.modernhealthcare.com/article/20140320/NEWS/303209940/sgr-repeal-bill-would-cost-more-than-180-billion-cbo-says Why wasn't this included in the Affordable Care Act (ACA)? IMHO the cost. It served as a barrier to passing Obama-care and Obama, Reid, & Pelosi knew it. So they did what all good Congresses & Presidents do, Kick the can down the road. |
![]() |
|
| kbp | Mar 24 2014, 01:32 PM Post #186 |
|
A single female approx. 30 YO just called me to see if she could stop by and have me help her review the Obamacare exchange plans offered. The two she had selected to look over showed an annual deductible of $-0- and $600/year. I have no idea WTH she found on the exchange web site. I'll let you know what I find this evening when she stops by! |
![]() |
|
| LTC8K6 | Mar 24 2014, 02:00 PM Post #187 |
|
Assistant to The Devil Himself
|
There are several 0 deductible plans. They have higher prices for everything. You have to read carefully, because they sometimes cover very little. https://www.bcbsnc.com/assets/shopper/public/pdf/sbc/Blue_Advantage_Silver_0.pdf Edited by LTC8K6, Mar 24 2014, 02:03 PM.
|
![]() |
|
| kbp | Mar 24 2014, 02:38 PM Post #188 |
|
I really need to read up on this, as I evidently misunderstood it. I was under the impression that the deductibles were set by the law and regulations, which put the out-of-pocket at $6,350/year and the Bronze plan had $5,000 of that in deductible alone. That must be the maximum! It appears the variances in premiums reflect variances in deductibles, which makes me wonder how they figure the tax credits some may get. Edited by kbp, Mar 24 2014, 02:38 PM.
|
![]() |
|
| LTC8K6 | Mar 24 2014, 02:53 PM Post #189 |
|
Assistant to The Devil Himself
|
You'll get dizzy reading through all the permutations and possibilities. Deductibles/co-pays/prescriptions are all over the place. I have no idea how anyone figures out anything... And yet, there is really only one provider for North Carolina... |
![]() |
|
| kbp | Mar 24 2014, 04:11 PM Post #190 |
|
Absent an answer that is different, I suppose I should assume the tax credits are based on income and the premium for a Bronze plan with $5,000 deductible, still allowing you to pay more for a lower deductible. That seems to be the only explanation for how the deductible set by regulation works here. |
![]() |
|
| kbp | Mar 24 2014, 05:09 PM Post #191 |
|
Obamacare case, where day is night and...
|
![]() |
|
| kbp | Mar 24 2014, 05:38 PM Post #192 |
|
http://www.komonews.com/news/local/Premium-Health-Exchange-plan-not-so-premium-as-user-thought-251614801.html Premium Health Exchange plan not so premium for some Alex Szablya just wants the best health care she can get for her children. So she got a gold plan, the highest level possible with the Washington Health Benefit Exchange. She picked a plan with Lifewise, an affiliate of Premera Blue Cross. In early March, her 16-year old daughter had a medical emergency. Alex drove her to the nearest hospital, which was Seattle Children's. Alex says doctors there felt her daughter's situation was so dire she needed to be admitted to the hospital immediately. She was there for nine days. Then came news that her stay, which involved specialized mental health care for adolescents, was going to cost $36,000 and her insurance would only pay for half because Seattle Children's was considered on out-of-network facility.... |
![]() |
|
| kbp | Mar 25 2014, 07:55 AM Post #193 |
|
This one is stuck in my mind! Their claim that it is something in between the birth control pill and abortion has left me wondering how they figure that makes it any better? |
![]() |
|
| kbp | Mar 25 2014, 09:46 AM Post #194 |
|
Charles Payne was on Fox News 30+\- minutes ago and said the head count for the uninsured now insured is 400,000. I have no idea where he got that number. |
![]() |
|
| kbp | Mar 25 2014, 11:57 AM Post #195 |
|
http://www.politico.com/story/2014/03/shrinking-obamacare-mandate-104966.html#.UzEOxTOnnLE.twitter Politico is finally telling their readers that the mandate is full of exemptions! |
![]() |
|
| 1 user reading this topic (1 Guest and 0 Anonymous) | |
| Go to Next Page | |
| « Previous Topic · LIESTOPPERS UNDERGROUND · Next Topic » |







11:55 AM Jul 13