healthmyths
Platinum Member
- Sep 19, 2011
- 29,100
- 10,594
What happened to encouraging people to improve their lives?
To get more education.
To improve your income and therefore your lifestyle?
Instead today our government is punishing people that want to make more money. Improve their lives. And this is not the 1%! Not the wealthy!
This is for the lower and middle class which makes up MOST of the GDP..
Today our government encourages people NOT to increase their income or they will not get health insurance.
They will NOT get SNAP.
Everything is designed today to keep people from achieving and improving their lives.
Case in point is Obamacare.
When people start paying for the "insurance exchange" in 2014 if they are at a certain income level they'll get a subsidy to help pay.
So today the majority of these people will show their income levels so they can get the subsidies.
BUT if these people get raises. Their raises mean more income. Means when they report taxes in 2015 on 2014 earnings they will have to pay back the
subsidy that was based on their income BEFORE the raise.
So as a result.. the government is telling the people.. you can't make more money because you'll have to pay back what we subsidized in 2014!
For example..
A single, 48-year-old making $36,000 in 2014 in a medium-risk region would receive $3,020 in subsidies (nearly half of the $6,440 annual premium).
Meanwhile, a 28-year-old adult with the exact same income would have a much lower premium ($3,391) -- and therefore wouldn't receive any subsidy at all.
So what happens if you get a subsidy payment in advance and then your spouse suddenly finds a job, boosting your family's income?
You'll need to go through a reconciliation process and pay back some of the subsidy. However, most households will need to repay only a portion of the overestimated subsidy, according to the Kaiser Family Foundation.
Again, the amount you have to pay back will be based on how much you earn.
For example, according to the Kaiser Family Foundation, individuals and families making less than 200 percent of the federal poverty level would need to pay back up to $300 and $600, respectively.
Individuals and families making between 400 percent and 450 percent of the federal poverty level would need to repay up to $1,500 and $3,000, respectively.
The Heritage Foundation also points to the immense costs of the subsidy program -- $460 billion by 2019, according to its estimates.
How will health care reform subsidies work?
Again... another concrete example that Obamacare will do as he wants.. encourage MORE dependency on the government.
Discourage independence. Discourage making more money. Discourage people from improving their lives!
To get more education.
To improve your income and therefore your lifestyle?
Instead today our government is punishing people that want to make more money. Improve their lives. And this is not the 1%! Not the wealthy!
This is for the lower and middle class which makes up MOST of the GDP..
Today our government encourages people NOT to increase their income or they will not get health insurance.
They will NOT get SNAP.
Everything is designed today to keep people from achieving and improving their lives.
Case in point is Obamacare.
When people start paying for the "insurance exchange" in 2014 if they are at a certain income level they'll get a subsidy to help pay.
So today the majority of these people will show their income levels so they can get the subsidies.
BUT if these people get raises. Their raises mean more income. Means when they report taxes in 2015 on 2014 earnings they will have to pay back the
subsidy that was based on their income BEFORE the raise.
So as a result.. the government is telling the people.. you can't make more money because you'll have to pay back what we subsidized in 2014!
For example..
A single, 48-year-old making $36,000 in 2014 in a medium-risk region would receive $3,020 in subsidies (nearly half of the $6,440 annual premium).
Meanwhile, a 28-year-old adult with the exact same income would have a much lower premium ($3,391) -- and therefore wouldn't receive any subsidy at all.
So what happens if you get a subsidy payment in advance and then your spouse suddenly finds a job, boosting your family's income?
You'll need to go through a reconciliation process and pay back some of the subsidy. However, most households will need to repay only a portion of the overestimated subsidy, according to the Kaiser Family Foundation.
Again, the amount you have to pay back will be based on how much you earn.
For example, according to the Kaiser Family Foundation, individuals and families making less than 200 percent of the federal poverty level would need to pay back up to $300 and $600, respectively.
Individuals and families making between 400 percent and 450 percent of the federal poverty level would need to repay up to $1,500 and $3,000, respectively.
The Heritage Foundation also points to the immense costs of the subsidy program -- $460 billion by 2019, according to its estimates.
How will health care reform subsidies work?
Again... another concrete example that Obamacare will do as he wants.. encourage MORE dependency on the government.
Discourage independence. Discourage making more money. Discourage people from improving their lives!
