IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family

I am sure I am not the only foreigner to question this. But this insanity in America is really hard to comprehend.

I have worked for 25years so far. I pay (rounded UP) £5 per week for national insurance. Ergo, so far, I have paid just over £7200 in total through-out my life.

I am currently terminal. I have to take ten pills each day, I have an inhaler and have to have oxygen every now and again. I pay approximately £8 per prescription per month.

I have been in hospital countless times. And have never had to pay them directly EVER. The care I have received through the hospitals has been second to none. When i was 15 I was given less than 48hrs to live. A nurse sat by my bed day and night, holding my hand. Trying to comfort me as best as they could.

We are just a small country. We also have many people unemployed, unable to work (for whatever reason), sick, or dying. And yet EVERYONE in this country can walk into any hospital for treatment, and not have to sell our homes to do so.

I hear a lot of Americans saying 'we are paying for those too lazy....etc, etc who do not work, etc, etc.'

I too pay more than someone unemployed. But have Never felt I am paying too much simply because there are those who pay less, or nothing.

It really sounds (to us outsiders) that you blame the raping of your finances on those less fortunate. And that is just wrong.

With a country as large as yours with (excuse the laugh) 'the best medical blah blah in the world' it is abhorrent that you don't have a similar system to ours.

I am not going to say our system is the best. And there is of course private healthcare here also, but it simply boggles the mind that you allow trillions to be GIVEN (yeah, they paid/ are paying it back, with money created from nothing, except what has been retaken from every family in America). But with your own health you allow this to happen.

Absolutely insane.

Originally posted by badgerprints
I really am surprised how many people believed that they would get "free healthcare" out of Obamacare.

Yes, and I notice the absence of all the proponents in this thread,
where are they? Probably in line somewhere, paving the way of the
free and the cowardly.

I did not read the Obamacare plan. The legal mumbojumbo is hard for my little brain to comprehend.

I have a question for the pseudo experts in this thread.

I hear talk of fines, increased premium coverages, 20,000 dollars for a family of 5 and other things I have not researched.

I work for a major corporation, they provide healthcare for my family. Does any of this affect me? From the lingo provided by MSM it's only for people that do not have health care, ie part timers or people working cash jobs.

Thanks in advance.

Originally posted by litterbaux
I work for a major corporation, they provide healthcare for my family. Does any of this affect me? From the lingo provided by MSM it's only for people that do not have health care, ie part timers or people working cash jobs.

Thanks in advance.

So long they do not drop their employer-sponsored plan, it should qualify under the IRS/HHS plan definitions; which will be who-knows-what. It is also dependent upon if the insurance company you currently have employs plans that fit the definitions presented by the IRS. I know it is confusing and in reality, it was designed to be.

That is the biggest issue....no one really knows...

reply to post by ownbestenemy


It's United Health Care. We use to have a nice one years ago but got bumped to UHC to save the company money. I can't recall the name.

So every wage slave working for the corp that provides insurance is ok. Till they decide to drop coverage.

Did I understand you correctly?

reply to post by litterbaux


It could be...that is why I say no one really knows. If say UHC decides it will only provide high-end plans (which the Government will classify as one of the upper tiers) then it might raise the ceiling for most people to participate in the provided plan. It really is just up in the air until it hits at this moment. I wish I could or anyone could give you a clear picture of what will happen.

I would assume that most providers are not going to severely limit their plans they offer but who knows.

reply to post by ownbestenemy


I would hope that something would be in place if UHC was labeled gold coverage. Our industry is hands on (paper), if the government chokes out people like me it's going to be a world of hurt on the domestic marketplace. Most of us are just getting by.

The 30k a year working class is the achilles heel of America.

Why do you all need to go to the doctor so much?
Why would a family, unless they are all chronically and seriously ill, need that much insurance for medical care?
What are you doing at the doctor that would require that amount of insurance?
Until a few months ago, I;m in the UK by the way, I hadn't seen a doctor for nearly six years. Then I became unwell, got treated........the end. Likely that I won't see a doctor again for another six or more years.

So, again, why are you needing to go to see the doctor and receive tens of thousands of dollars in treatment every year? Sounds like a scam. It would be like paying tens of thousands of dollars in your gas or electricity bill just incase you ever use too much. Why would you do that?

First of all stop calling it a fine it`s NOT a fine, it`s a tax.It`s bad enough that we are taxed when we do buy something but now we are being taxed for NOT buying something.

not buying health insurance is supposed to be capped at either the annual average Bronze premium, 2.5 percent of taxable income, or $2,085.00 per family in 2016.

Who decides which one of those tax rates we will have to pay?

A family of 5 making $120,000 a year will pay the same obamacare tax as a family of 5 making 30,000 a year.

Since this IS a tax then it should be considered as non taxable income, so for people who do buy health insurance their premiums ( up to the amount of the obamacare tax) should also be considered non taxable income.

Originally posted by litterbaux
I did not read the Obamacare plan.

Congratulations, you're officially qualified to be a United States Senator (D) or U.S. Congressmen (D)!

At what point does America stop the horsecrap and take a stand?

Originally posted by Tardacus
Since this IS a tax then it should be considered as non taxable income, so for people who do buy health insurance their premiums ( up to the amount of the obamacare tax) should also be considered non taxable income.

That is an outstanding point which would have a whole world of merit... if only the federal government hadn't played the same stunt with Social Security. Dirty little secret I didn't recognize until the past few years, Social Security is essentially a double tax. You get a payroll tax on the exact same amount you take an income tax hit on. Technically speaking it is a triple tax, as you can potentially get hosed again when you receive your benefit if you also have other sources of income.

Again, huge, huge props to majority of American voters for their consistently wonderful choices at the polls every 4 years.

reply to post by Elliot
That is exactly what I was wondering.

I haven't been to the doctor in years. I have back problems and a few other muscular issues, but I just tuff it out. The only time I go, is when I break a bone or tear a muscle really badly.

Originally posted by Elliot


So, again, why are you needing to go to see the doctor and receive tens of thousands of dollars in treatment every year? Sounds like a scam. It would be like paying tens of thousands of dollars in your gas or electricity bill just incase you ever use too much. Why would you do that?

I don't ever go to the doctor.. I actually never get sick.. Broke a bone, or more like shattered it one time and had to pay around 1000 dollars to fix it, but UNC gave a payment plan.. That's about it till I was in the Army..

People keep looking at this like it's Obama being stupid.. How can this be a good idea? Told you guys..

It's MEANT to screw us over.. Some new hyper breed of Socialism/fascism is being formed here, and the word phoenix comes to mind as they crash the former USA. I wonder which district I'm in for the NWO??

so, not only is this a horrible concept, but now i'm wondering just how much this list of exempted corporations has grown.
employers exempt from Obamacare

well, i see one good thing coming out of all of this ... ppl who really give a rats patutti will discover whether or not they actually are taxpayers.

Originally posted by VikingWarlord
reply to post by Elliot

 

That is exactly what I was wondering.

I haven't been to the doctor in years. I have back problems and a few other muscular issues, but I just tuff it out. The only time I go, is when I break a bone or tear a muscle really badly.

That is called "life or limb" or "major medical"......sadly, many have moved away from this attitude to a "right" to see a doctor for any ailment. When I was unemployed after I left the military, that is what i carried for my children....nothing fancy but covered catastrophic ailments....not coughs.

Q: I don't have health insurance. Will I have to get it, and what happens if I don't?

A: Under the legislation, most Americans will have to have insurance by 2014 or pay a penalty. The penalty would start at $95, or up to 1 percent of income, whichever is greater, and rise to $695, or 2.5 percent of income, by 2016. This is the individual limit; families have a limit of $2,085 or 2.5 percent of household income, whichever is greater. Some people can be exempted from the insurance requirement, called an individual mandate, because of financial hardship or religious beliefs or if they are American Indians, for example.

Q: I want health insurance, but I can't afford it. What do I do?

A: Depending on your income, you might be eligible for Medicaid, the state-federal program for the poor and disabled, which will be expanded sharply beginning in 2014. Low-income adults, including those without children, will be eligible, as long as their incomes didn't exceed 133 percent of the federal poverty level, or $14,404 for individuals and $29,326 for a family of four, according to current poverty guidelines.

Q: What if I make too much for Medicaid but still can't afford coverage?

A: You might be eligible for government subsidies to help you pay for private insurance that would be sold in the new state-based insurance marketplaces, called exchanges, slated to begin operation in 2014.

Premium subsidies will be available for individuals and families with incomes between 133 percent and 400 percent of the poverty level, or $14,404 to $43,320 for individuals and $29,326 to $88,200 for a family of four.

The subsidies will be on a sliding scale. For example, a family of four earning 150 percent of the poverty level, or $33,075 a year, will have to pay 4 percent of its income, or $1,323, on premiums. A family with income of 400 percent of the poverty level will have to pay 9.5 percent, or $8,379.

In addition, if your income is below 400 percent of the poverty level, your out-of-pocket health expenses will be limited.

Link

You are all welcome

reply to post by muse7


By this and considering my "insurance" needs....I will dole out the $700 bucks. That is a small percentage of what I pay annually. How is this a good thing when the cost of not being insured is realized and better than that of being insured?

Want to take a bet that in a decade this is bloated with cost-over runs and States complain that they do not see any of the funds from the Federal Government when they eat the costs?!

reply to post by litterbaux


I have posted in other threads about this. I am the administrator at our company, and work directly with the accountants. It is going to affect your company paid health care. I have the same.
From another thread:


1) If our company continues to pay for our healthcare, as they do now, not only will they not be able to write it off at the end of the year, they will be penalized.

2) Workers Comp cost will double, if not triple, due to the fact that an injury you incurred at work, which was paid for at the time, will have to have double or more money put away that was paid. This is because all injuries will have to be reported to medicare, so that when you are retired, if any re-injury happens, medicare will not pay, workers comp will have to pay again.

So, what happens when a company has more than one workers comp claim? Their rates go up or they are dropped. Can a business function without workers comp?

Based on the examples presented in the summary of the IRS documents, it's obviously much cheaper to pay the tax than the IRS assumes it would be to purchase compliant coverage. I'd much rather pay $2400 than $20000!

I am on medicare due to disability - my premiums are $1200 per YEAR for the privilege. My wife works and has employer provided health coverage (UHC) with me listed as a dependant to the tune of $13,000 a year in premiums. Since I'm covered on the wife's insurance, medicare never pays out and the only "benefit" I get is that docs & hospitals have to charge the medicare-approved amount for services. UHC actively engages in policies and practices which DENIES me the basic benefits of medicare for diabetic and preventative services. For 2014 I'll be looking at "medicare supplement insurance" and probably dropping off my wife's health care plan in order to receive my medicare benefits and save $8000+ per year in health insurance costs.

The system is rigged folks, we should've gone to a National Health Service plan like most of the rest of the world, but instead, let's keep those profits rolling in for the big pharma, private and "non-profit" health care systems and the gouging of insurance companies that reduce or eliminate benefits.

ganjoa

reply to post by AdamOver


the problem isn't health care availability here although i know everyone abroad has been sold on that BS line by my lying government. the problem is the money and the industry which makes plenty of it in the health care field here. what they have done is nothing short of keeping the looters in power (big pharma, big insurance) and on top of that they have increased their customer base exponentially. this is all they have done. they have not addressed anything for the patients, have not improved health care and like i said before, they have not made it available to any more people then it already was.

everyone in America already had access to health care as no one is ever turned away at the hospital, for lack of insurance.

your health care setup seems more for the patients and not the money, here it's the other way around and will only get worse with this health care act which benefits no one but the already wealthy industries and politicians, who incidentally, will not be under this package, awfully convenient of our elected officials to omit themselves from this new great health care system, don't you think? lol