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Financial planning: Does anyone know the cost of Hussein's mandatory monthly Obamacare premiums?
12/26/11 | Me

Posted on 12/26/2011 4:55:41 PM PST by Libloather

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To: Libloather

no idea, but whatever it is, is more expensive than last week!


21 posted on 12/26/2011 7:13:00 PM PST by television is just wrong
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To: Libloather

If I understand recent news reports, no one can tell, because they’ve abandoned the second most obnoxious feature (the first being the mandate) and “as the Secretary [of HHS] shall determine” had been “determined” by Sibelius to be “as the states shall determine” at least in regard to what a “qualifying plan” is, meaning the cost and details of benefits will vary from state to state if the whole thing isn’t killed by the courts or repealed by a GOP Congress and President come Jan. 2013.


22 posted on 12/26/2011 7:47:29 PM PST by The_Reader_David (And when they behead your own people in the wars which are to come, then you will know. . .)
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To: Libloather
I think the best way to estimate what insurance will cost under the "must issue" provisions of Obamacare is to see what policies with similar "must issue" provisions cost now. If you have a business in many states the business small group policy is effectively a "must issue" policy since the insurance company agrees to insure whatever employee you hire.

In New Hampshire a policy like that for a family of four costs around $2300 per month with a $10,000 deductible. I know because I've read the quotes from the insurance companies. Lower deductibles, like the ones required by Obamacare push the cost up even higher.

That level of cost is one more reason why Obamacare is doomed to fail. Few families can afford to pay over $27,000 a year for health insurance, and the rest of us can't afford to subsidize the vast majority of families who can't afford the premiums.

23 posted on 12/26/2011 8:16:12 PM PST by freeandfreezing
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To: freeandfreezing

I just priced Washington States’s “Washington Health Plan”, which is a non-subsidized version of Washington’s Basic Health Plan. My premium at age 57 would be $254/month, for $100,000 of coverage annually, $500/yr deductible. I will have to switch to this next July.


24 posted on 12/26/2011 8:28:30 PM PST by steve86 (Acerbic by nature, not nurture (Could be worst in 40 years))
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To: WestSylvanian
He actually said that small businesses could drop coverage for their workers and simply pay a penalty for not offering insurance. The workers then would be forced onto the health exchanges and what is essentially Medicaid. They would have no other choice.

Nonsense. Chairman Obama said if I liked my insurance I could keep it.

25 posted on 12/26/2011 8:59:15 PM PST by Darth Reardon (No offense to drunken sailors)
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To: Libloather
Does anyone know the cost of Hussein's mandatory monthly Obamacare premiums?

The complete destruction of medicine, liberty and the Constitution. Put me in prison. I'm not paying.

26 posted on 12/26/2011 9:24:20 PM PST by TigersEye (Life is about choices. Your choices. Make good ones.)
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To: mamelukesabre

I know, I am in the same boat. And I am scared to death...but if I die before the mandates hit I have worried for nothing.

Naw really, the worst they do is keep your refund, right? If you don’t have a refund they can’t really force you to pay it either. You pay the required taxes, just not the 0bamacare penalty.


27 posted on 12/27/2011 3:00:24 AM PST by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: Libloather

I don’t think you will know the cost until sometime late in 2013 after the exchanges are set-up.

Ohio returned a million dollar grant to the federal gov’t regarding setting up their exchanges.

http://www.dispatch.com/content/stories/local/2011/11/30/critics-ohio-dragging-its-feet-on-health-insurance.html


28 posted on 12/27/2011 3:10:52 AM PST by EBH (God Humbles Nations, Leaders, and Peoples before He uses them for His Purpose)
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To: the invisib1e hand
black markets, on which healthcare will have to be acquired, are notoriously opaque.

He wasn't asking about the price of healthcare, he was asking about the size of the tribute that Emperor Obama will be extracting, under the guise of healthcare.

29 posted on 12/27/2011 5:26:30 AM PST by Lonesome in Massachussets (Ceterum autem censeo, Obama delenda est.)
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To: Nachum
The simple way to figure your rates is to take the current premium you are paying and add 20% to it every year until 2014.

I wish this were true. My rates have doubled since Obamacare passed, and others' rates have gone up much more than that.

30 posted on 12/27/2011 5:34:01 AM PST by Fresh Wind ('People have got to know whether or not their President is a crook.' Richard M. Nixon)
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To: tunedin

$2100 a month???


31 posted on 12/27/2011 5:56:26 AM PST by nuconvert ( Khomeini promised change too // Hail, Chairman O)
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To: Libloather

I’ve tried to explain to people how Obamacare sets us up for a huge health train wreck. Obamacare drives private insurers out of the market, but it doesn’t replace them with a full nationalized system. The result is no system at all, with Doctors and Hospitals unfunded.
Kerblooey.


32 posted on 12/27/2011 8:14:19 AM PST by FastCoyote (I am intolerant of the intolerable.)
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To: TigersEye

“The complete destruction of medicine, liberty and the Constitution.”
//////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

Absolutely right but I still have a nagging feeling that you may have overlooked something.


33 posted on 12/27/2011 8:35:48 AM PST by RipSawyer (This does not end well!)
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To: Fresh Wind
'I wish this were true. My rates have doubled since Obamacare passed, and others' rates have gone up much more than that.'

I should have prefaced that by adding -depending on your state. If your state has less unfunded mandates, then when they hit, the affect on your premiums will be much more dramatic such as a doubling or even trebling of premium. Since the intent is to destroy the private insurance market, there will be a thresh hold or a point at which the premium will too large to pay. Then, when a significant portion of the population is uninsured, they will then force the single payer system on us. Or, at least they think it will be their best opportunity to 'break us'.

34 posted on 12/27/2011 8:48:10 AM PST by Nachum (The complete Obama list at www.nachumlist.com)
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To: RipSawyer

That’s a possibility.


35 posted on 12/27/2011 12:23:28 PM PST by TigersEye (Life is about choices. Your choices. Make good ones.)
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To: Lonesome in Massachussets

Oh, you mean the fine for being a responsible, non-minority.


36 posted on 12/27/2011 4:12:27 PM PST by the invisib1e hand (Ignorance is no excuse.)
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