So you get more, but you have to pay the extra costs.
Sounds like an awesome deal to me. Kinda like how I can buy one cheap hammer for $14 but then Obama tells me it’s not a good enough hammer and I get a better one but it will cost $35.
Never mind that I probably had the $14 hammer in the first place because it was all I could afford.
The good news is everyone who comes in to buy a Springfield XD will now be told they have to buy an HK but it’s alright because it’s better.
I love that people in their 50s or older (baby boomers) are being required to buy a plan that includes valuable upgrades like maternity care.
:lol:
Just remember Pelosi telling everyone we have to pass it to see what’s in it. Well now you know. It’s that same mandatory tax on US citizens we all knew it was when it was first suggested.
And it’s not even health care reform. Nobody is going to get “better care”, they will now get DMV quality care in many cases. Nobody is getting cheaper rates, in some cases people are paying 400% more because their budget plans don’t qualify.
Nothing changes for the FSA, they get free health care just as before with medicare/medicaid because they are on welfare.
Nothing changes for those with employer provided health care, in most cases.
Wanna know who gets screwed? Those who have crap jobs, no jobs or are self employed. I cannot afford any of the “reformed” health care plans that means I will pay a tax penalty of $325 for not having health care. That money will come from money that would normally go to prescriptions and doctor visits. So in a very real sense Obama just made my health care situation worse.
I’ll need to talk to my accountant and see if the penalty is a deductible business expense.
I can expect to pay about $6,724 per year for health insurance, which I can’t afford. But I “could” qualify for a 24% subsidy (note that is not a guarantee) which means after I pay the above I “might” get $1,597 back.
And keep in mind the above only covers 70% of medical expenses and you still have co pays and deductibles.
It’s actually cheaper for me to pay my doctor out of pocket at a private pay rate and get prescriptions with the discount plan I have.
So basically, Obamacare is more expensive and essentially provides nothing to me but dubious coverage. As I can’t afford the coverage, I’ll end up paying the tax penalty and just see the doctor less often.
results
In general, employees who are offered insurance through work are not eligible for subsidized exchange coverage, so long as their insurance meets specified requirements. You would only be eligible for subsidized exchange coverage if your income is between 1 and 4 times the federal poverty level and you would have to pay more than 9.5% of your household income for your own coverage through the insurance offered by your employer.
In other words, I don’t get a subsidy because I get employer sponsored health insurance.
Well, given my currently projected income for 2014, 1% penalty would be roughly $83. probably closer to $71. though lol. Then again, I will be a returning vet, so 5 years of free health care thru the VA, not sure if disability rating will have any impact on the whole shebang.
So yeah, less than $100 bucks in fines or $180 minimum per month in premiums. . . that’s a tough call. :rolleyes:
I was talking about this with a health care provider today. I have not been able to verify it as fact, but I was told that they missed a loophole in the law and can only take the tax penalty out of your tax return; they cannot require you to pay in. So all you need to do is set your withholding exemptions higher than they should be so not enough taxes are withheld. This will prevent you from getting a tax return and require you to pay in come tax time, but I was told it will basically exempt you from the penalty because they will not be able to deduct it. Has anyone heard of this? Can anyone verify it?
I am so saddened to hear that the beloved leader and his minions lied to us. I thought we were only being lied to about Fast and Furious, NSA, Tea Party targeting, Benghazi (more info is coming out daily) et al… Now I find out our beloved healthcare scheme is also nothing but lies. :suicide2:
You know, I can see this as a gate way to get rid of self pay day care. If the insurance only covers 15 days per month of child care, get dad to do it, mom to do it, or dad/grand parent or some combination of the above. If they refuse say “I paid for the damn service, now you give it to me you f*cks!”
My medical insurance agent is getting out of the business. He doesn’t know what he’s going to do, but whatever he decides, he told me would have nothing related to healthcare.
My family doctor is getting out of business. He just got his MBA and is going to start an entirely new business that has nothing to do with healthcare.
And if you think the wait to see your current M.D. is a long one, wait til the deadbeats who’ll sign up in droves start clogging up the clinics and hospitals. Yeah buddy, socialized medicine is akin to third world medicine and it’s coming our way.
I’m not signing up out of spite, but for many other reasons, such as no security on confidential information, demanding I give them confidential information with no expectation of privacy and on and on…
My wife and I will simply not have health insurance. We’ll pay as we go.
