White house to working class Americans pay astromical deductibles- or Else...

[OKTexas]

WHACKJOB!!!

Prove me wrong. I dare you.

How is the tax applied?
The health reform provision would tax all employers (both those that self-insure and those who don't) 40 percent on the amount of premiums above the thresholds. The goal is twofold: to generate revenue to help pay for covering the uninsured; and to make the most expensive plans -- which some argue encourage overuse of medical care -- less attractive.

The Cadillac Tax: High-cost health insurance plans subject to a huge hit | Insurance.com

My link (IRS) is from May 4, 2016.

"The Patient Protection and Affordable Care Act (PPACA, as amended by the Health Care and Education Reconciliation Act of 2010), imposes an annual 40% excise tax on plans with annual premiums exceeding $10,200 for individuals or $27,500 for a family starting in 2018, to be paid by insurers."

And passed directly through to the company plan administrators where they are not allowed to deduct the tax from profits. Like with sales tax, the insurance company acts as a collection agent, the customer actually pays it.

Are insurance companies going to 'stick it' to the consumer? Sure they are. Probably twice or more the amount it actually costs them.

The law was designed that way, insurance companies don't have a say, it's all on your dear leader and his minions. It's all about social engineering.

The tax is not a deductible business expense and so plan administrators pay income tax on the excise tax, significantly increasing the effect of the 40% tax.[8] The tax is intended to do three things: help finance the PPACA; reduce overall health care costs; and address the unequal tax benefit of excluding employer-based health insurance coverage from taxes.[9]

Cadillac insurance plan - Wikipedia, the free encyclopedia

 

[OnePercenter]

I saw a report that they want a big increase in the penalty because young adults still aren't buying it.

Pure extortion

yep, this is highway robbery. When I was contracting I had to pay $800/mo in premiums for a policy with a $6500/ per person deductible. It covered almost zero of my drug costs. I had to pay $500/mo just for my monthly insulin dose. How can any middleclass family afford this piece of shit?

If you were contracting, what was your net cost?

Why weren't the healthcare insurance costs added to the contract?

Almost all middle class insurance premiums are paid by an employer.

How much is out-of-pocket for single payer insurance countries such as Canada?

 

[OnePercenter]

How much did they make? And while were at it, the name of the company.

What on Earth are you talking about, they didn't "make" anything. Do you mean what were their revenues, then say that. You own a business yet you can't establish the difference between revenue & profit or loss?

More importantly, what is the name of the company?

Watch the Kelly interview with Emanuel, she puts up a chart of the companies that are losing big and pulling out of most it not all of the exchanges.

Which companies are those, and what is their loss? Also, is their loss directly related to being in the exchange, or is the loss due to immediate and future acquisitions, but placing the blame on exchanges?

You've got to watch these capitalist racketeers, they're sneaky!

Like I said, what the fucking video, I didn't take notes when I saw it.

Perhaps you should have.

 

[OKTexas]

What on Earth are you talking about, they didn't "make" anything. Do you mean what were their revenues, then say that. You own a business yet you can't establish the difference between revenue & profit or loss?

More importantly, what is the name of the company?

Watch the Kelly interview with Emanuel, she puts up a chart of the companies that are losing big and pulling out of most it not all of the exchanges.

Which companies are those, and what is their loss? Also, is their loss directly related to being in the exchange, or is the loss due to immediate and future acquisitions, but placing the blame on exchanges?

You've got to watch these capitalist racketeers, they're sneaky!

Like I said, what the fucking video, I didn't take notes when I saw it.

Perhaps you should have.

I watched the actual show.

 

[hadit]

That's not the operative question. The question is, could he receive better healthcare? You can say that seniors living in state run rest homes are receiving care, but are they receiving quality care?

State owned, or State run?

Why is that significant?

Because State owned doesn't mean State run.

Single payer would be both.

I thought we were discussing State owned nursing homes?

We are discussing government healthcare in general. State owned nursing homes fall under that umbrella, and serve as a warning example of the quality of care government healthcare is likely to provide.

 

[hadit]

Incorrect. Insurance companies most emphatically do NOT provide health care. They are payers, not providers.

Then why does UHC own Southwest medical in Vegas? Take the top three healthcare insurers in the US and compare and contrast who owns what.

Link to that?

You can't figure out who the top three health insurance companies are? Sad.

Nope. Want to see where you get your info.

Google will tell you.

No, that's where I would get my info. I want to know where you got yours.

 

[hadit]

You do know, don't you, that obamadon'tcare is designed to accomplish exactly that? Cause enough confusion and stress and put healthcare out of reach of enough people that everyone becomes convinced that the only solution is to give the same people who brought you the DMV and the Postal Service control of your healthcare. Yeah, that'll work real good.

Medicare, Medicaid, and Medi-Cal don't work?

I know nothing of Medi-Cal, but I can tell you this... the federal programs are marching towards total insolvency.

Republicans have been putting up a false front. They sold us down the single payer river decades ago.

We should have been moving toward LESS government in healthcare, and if the Republican Party was actually a conservative party, they would have offered up a plan to do that. Instead, they went radio silent on healthcare, which signaled to me a very long time ago they were in collusion with the Democrats to ultimately take us to single payer. And when Bush and the GOP Congress enacted Medicare Part D, that was confirmation.

And that is exactly what is happening. Part D and ObamaCare are just stepping stones to single payer healthcare.

All this whining and screaming and renting of their shirts over ObamaCare by the GOP Establishment is just theater for the rubes.
maaaaaa!!!

LESS government means more capitalist racketeering.

You should move to Venezuela, you'd love it there. Gubmint Utopia... food a plenty, free money for everyone...

The reason that 'government programs are marching toward insolvency' are the high costs that insurance companies that own the majority of hospitals and healthcare providers are charging. ie; Capitalist racketeering.

The reason costs are high is because Medicare and Medicaid only pay 20 to 30 percent of the charges. And, the fact that anyone going to the emergency room can get FREE care. Even Hospitals have bills to pay.

The reason costs are so high is GREED!

Again, healthcare insurers own the majority of hospitals and healthcare providers in the US.

Source?

 

[Billy_Bob]

Thank you Obozo ..sure anything else you want to force us to pay for?
I thought obozo was for the poor people in america..


https://www.yahoo.com/finance/news/white-house-americans-pay-astronomical-091500724.html



For a 40-year-old individual in 2016, the cost of this care would be $3,479 in premiums plus the deductible before the first benefit could be covered For a 40-year-old individual in 2016, the cost of this care would be $3,479 in premiums plus the deductible before the first benefit could be covered – a total of $9,210 out of pocket. Even if subsidies pared premiums all the way down to Barack Obama’s promised $75 per month, it would still require the consumer to spend over $6600 for anything but a basic wellness check, a service that would cost a few hundred dollars at most, before having the first benefit covered. And that situation will only get worse in 2017, as insurers use increases in deductibles to buffer the premium hikes that have already been signaled.check, a service that would cost a few hundred dollars at most, before having the first benefit covered. And that situation will only get worse in 2017, as insurers use increases in deductibles to buffer the premium hikes that have already been signaled.

In an attempt to escape this “craziest system,” some consumers – especially lower-income workers – had tried a workaround authorized by Congress and exempted from insurance-coverage requirements more than a decade before Obamacare appeared on the horizon. Insurers have offered “fixed-benefit indemnity” plans for twenty years, which pay out set amounts for various events regardless of the actual costs incurred.

Related: How Obamacare Execs Broke the Law and Cost Taxpayers Billions

Rather than act as third-party payers that get between the consumer and the provider and therefore hinder price signals, fixed-benefit plans act as financial backstops for consumers who then negotiate on price with the providers directly. A day in the hospital might get $200 coverage, for instance, or a clinic visits $100.

Best of all for consumers with tight budgets, the premiums run around $1000 a year and have no deductibles or coinsurance requirements. That premium pricing is nearly the same as an Obamacare plan with full subsidies on the exchange, and unlike a bronze plan, would pay out immediately rather than wait for the consumer to cough up the first $5731. Younger, healthier, and less financially secure consumers can choose sufficient coverage and pay the mandate tax fee rather than get roped into high deductibles and high premiums, or perhaps use one in tandem with other coverage. Millions of consumers use that option in one form or another to this day.

That has the Obama administration seeing red. In 2014, Health and Human Services issued a rule forbidding the sale of fixed-benefit plans unless used as supplemental insurance for insurance with approved, comprehensive coverage. In essence, the rule stole a lower-cost option from those who could least afford it while allowing wealthier Americans the ability to buffer the skyrocketing deductibles in the ACA exchanges.

Obama should of just stated the US is now a socialist state and your pay belongs to him.. He will decided IF you get care and what money, if any, you might receive for food and necessity as he sees fit...

Fucking communist bastard! And DUMBOCRATS voted for this shit nanny state.. That is what is really scary!

 

[Billy_Bob]

So what does it say about the cadilliac tax. Oh yeah, the employer gets ripped for providing good benefits.

The insurer pays the tax. GREED!!!

WHACKJOB!!!

Prove me wrong. I dare you.

How is the tax applied?
The health reform provision would tax all employers (both those that self-insure and those who don't) 40 percent on the amount of premiums above the thresholds. The goal is twofold: to generate revenue to help pay for covering the uninsured; and to make the most expensive plans -- which some argue encourage overuse of medical care -- less attractive.

The Cadillac Tax: High-cost health insurance plans subject to a huge hit | Insurance.com

My link (IRS) is from May 4, 2016.

"The Patient Protection and Affordable Care Act (PPACA, as amended by the Health Care and Education Reconciliation Act of 2010), imposes an annual 40% excise tax on plans with annual premiums exceeding $10,200 for individuals or $27,500 for a family starting in 2018, to be paid by insurers."

YOU REALLY ARE AN IGNORANT FUCKTARD..

Ok moron.. if a business is force to pay something where do yo think those funds come from? Magical Obama cash? Thin Air? or the premiums paid by those wanting coverage?

 

[Maryland Patriot]

Blaming ACA because your insurance company is screwing you is stupid.

blaming insurance companies because someone is too cheap or uneducated to buy their own insurance in the first place is even dumber
Insurance was just fine before the ACA, as a matter of fact, it was much better.

 

[TooTall]

State owned, or State run?

Why is that significant?

Because State owned doesn't mean State run.

Single payer would be both.

I thought we were discussing State owned nursing homes?

We are discussing government healthcare in general. State owned nursing homes fall under that umbrella, and serve as a warning example of the quality of care government healthcare is likely to provide.

The single payer state owned and state run is beyond scary. It sounds like the VA for the elderly.

 

[hadit]

Why is that significant?

Because State owned doesn't mean State run.

Single payer would be both.

I thought we were discussing State owned nursing homes?

We are discussing government healthcare in general. State owned nursing homes fall under that umbrella, and serve as a warning example of the quality of care government healthcare is likely to provide.

The single payer state owned and state run is beyond scary. It sounds like the VA for the elderly.

That is the point. It puts our healthcare, literally life and death, in the hands of government employees, who have not demonstrated that they have a lot of incentive to provide quality customer service. In addition to that, we have seen lengthy waits to see a doctor and get treatment in countries that have gone down the socialized medicine route.

 

[Maryland Patriot]

Because State owned doesn't mean State run.

Single payer would be both.

I thought we were discussing State owned nursing homes?

We are discussing government healthcare in general. State owned nursing homes fall under that umbrella, and serve as a warning example of the quality of care government healthcare is likely to provide.

The single payer state owned and state run is beyond scary. It sounds like the VA for the elderly.

That is the point. It puts our healthcare, literally life and death, in the hands of government employees, who have not demonstrated that they have a lot of incentive to provide quality customer service. In addition to that, we have seen lengthy waits to see a doctor and get treatment in countries that have gone down the socialized medicine route.

what scares me with government employees is that after working government up until a few years ago, I came to realize that the level of education and skill is not what gets you the job, its the amount of black in your skin.
These people that will be handling your health care will not have training, or education, they will just be black and fill a need for the minority hiring numbers.

 

[OnePercenter]

More importantly, what is the name of the company?

Watch the Kelly interview with Emanuel, she puts up a chart of the companies that are losing big and pulling out of most it not all of the exchanges.

Which companies are those, and what is their loss? Also, is their loss directly related to being in the exchange, or is the loss due to immediate and future acquisitions, but placing the blame on exchanges?

You've got to watch these capitalist racketeers, they're sneaky!

Like I said, what the fucking video, I didn't take notes when I saw it.

Perhaps you should have.

I watched the actual show.

Then you should be able to answer the question of which company.

 

[OnePercenter]

State owned, or State run?

Why is that significant?

Because State owned doesn't mean State run.

Single payer would be both.

I thought we were discussing State owned nursing homes?

We are discussing government healthcare in general. State owned nursing homes fall under that umbrella, and serve as a warning example of the quality of care government healthcare is likely to provide.

Are there any today? I Googled, as of 2000 there were only four.

 

[OKTexas]

Watch the Kelly interview with Emanuel, she puts up a chart of the companies that are losing big and pulling out of most it not all of the exchanges.

Which companies are those, and what is their loss? Also, is their loss directly related to being in the exchange, or is the loss due to immediate and future acquisitions, but placing the blame on exchanges?

You've got to watch these capitalist racketeers, they're sneaky!

Like I said, what the fucking video, I didn't take notes when I saw it.

Perhaps you should have.

I watched the actual show.

Then you should be able to answer the question of which company.

I didn't take notes, you're free to go watch the interview for yourself.



It starts at the 24 min mark, Aetna lost 433 million, United lost a billion. Both are pulling out of substantial portions of the market. Now that I've done your work for you, I'll expect your apology to be forthcoming.

 

[OnePercenter]

Which companies are those, and what is their loss? Also, is their loss directly related to being in the exchange, or is the loss due to immediate and future acquisitions, but placing the blame on exchanges?

You've got to watch these capitalist racketeers, they're sneaky!

Like I said, what the fucking video, I didn't take notes when I saw it.

Perhaps you should have.

I watched the actual show.

Then you should be able to answer the question of which company.

I didn't take notes, you're free to go watch the interview for yourself.



It starts at the 24 min mark, Aetna lost 433 million, United lost a billion. Both are pulling out of substantial portions of the market. Now that I've done your work for you, I'll expect your apology to be forthcoming.

The second quarter of 2016, Aetna had a $790.8M net profit up 8% from 2015.

https://news.aetna.com/news-releases/aetna-reports-second-quarter-2016-results/

You'd better sit down for this one!

http://www.unitedhealthgroup.com/~/media/E92CE1B0C91040839E3CB5C75436B1A5.ashx

Seems that faux has snookered you!

 

[OnePercenter]

Medicare, Medicaid, and Medi-Cal don't work?

I know nothing of Medi-Cal, but I can tell you this... the federal programs are marching towards total insolvency.

LESS government means more capitalist racketeering.

You should move to Venezuela, you'd love it there. Gubmint Utopia... food a plenty, free money for everyone...

The reason that 'government programs are marching toward insolvency' are the high costs that insurance companies that own the majority of hospitals and healthcare providers are charging. ie; Capitalist racketeering.

The reason costs are high is because Medicare and Medicaid only pay 20 to 30 percent of the charges. And, the fact that anyone going to the emergency room can get FREE care. Even Hospitals have bills to pay.

The reason costs are so high is GREED!

Again, healthcare insurers own the majority of hospitals and healthcare providers in the US.

Source?

Their SEC filings. Look it up and learn something.

 

[OKTexas]

Like I said, what the fucking video, I didn't take notes when I saw it.

Perhaps you should have.

I watched the actual show.

Then you should be able to answer the question of which company.

I didn't take notes, you're free to go watch the interview for yourself.



It starts at the 24 min mark, Aetna lost 433 million, United lost a billion. Both are pulling out of substantial portions of the market. Now that I've done your work for you, I'll expect your apology to be forthcoming.

The second quarter of 2016, Aetna had a $790.8M net profit up 8% from 2015.

https://news.aetna.com/news-releases/aetna-reports-second-quarter-2016-results/

You'd better sit down for this one!

http://www.unitedhealthgroup.com/~/media/E92CE1B0C91040839E3CB5C75436B1A5.ashx

Seems that faux has snookered you!

So they're making money in non exchange related business, doesn't alter the fact that the exchange markets are losers.

 

[Yarddog]

I saw a report that they want a big increase in the penalty because young adults still aren't buying it.

Pure extortion

yes, thats why they forced this shit on us. we are just numbers on sheets of paper to them, as long as things balance out on their twisted balance sheet they're completely happy to run our lives.
Likewise, my premiums have gone up over 35% and my deductibles have gone up. I work and pay for med ins. 100% and don't even qualify for Obama Care, I'm sure its the same for so many of us, what a joke.