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Obamacare Will Become Reality: What Does it Mean for You? (Premiums Up and Up)
Yahoo ^ | November 13, 2012 | Kevin Chupka

Posted on 11/13/2012 4:52:03 PM PST by C19fan

Despite uncertainty surrounding the fiscal cliff and whether or not President Obama can make "compromise" a theme of his second term, one thing is for certain: the Affordable Care Act, widely referred to as "Obamacare" is going to take effect. The lion's share of the law is to be implemented on January 1, 2014. The major tenets that will impact Americans include the individual mandate and the pre-existing conditions clause that will not allow insurers to refuse coverage to anyone, even if they are in poor health.

.........................................................

And once the law actually goes into effect it's the pre-existing conditions provision that has the potential to do a lot of damage to the consumer, according to Funtleyder. He says it is "likely insurance companies will raise premiums on everybody, given the mandate, to deal with the number of pre-existing conditions that come into the fold." And that is one of the many key criticisms of the plan: little to no direct cost-control.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: health; insurance; obamacare
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To: MtnClimber; 2ndDivisionVet

Obamacare will affect everyone. Many doctors are going to retire, taxes on medical device makers and other health care industries will increase putting many out of business, and millions of new patients will be added to the system. There will be rationing, shortages of drugs and medical devices, lowering of standards to cut costs, and really long waits for care. Nobody will be out of the reach of this disaster except our overlords in Washington.


41 posted on 11/13/2012 8:06:42 PM PST by Pining_4_TX ( The state is the great fiction by which everybody seeks to live at the expense of everybody else. ~)
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To: Pining_4_TX

Look for increasing unionization of health care workers, as well.


42 posted on 11/13/2012 10:05:13 PM PST by Ken H
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To: tickles

No, I believe that’s for military retirees and their families. I’m a disabled veteran.


43 posted on 11/13/2012 11:44:08 PM PST by 2ndDivisionVet (You cannot invade the mainland United States. There would be a rifle behind every blade of grass.)
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To: C19fan

Next up price controls...then we can blame those evil hospitals for the resulting shortages!


44 posted on 11/14/2012 3:46:40 AM PST by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: C19fan

Next year’s premiums are due out today where I work. Last year my bi-weekly went from $117 to $132 and that was changing HMO’s. (MY old HMO went to $154) Can’t wait to see this year’s increase. :(


45 posted on 11/14/2012 3:49:08 AM PST by ez (When you're a hammer, everything looks like a nail.)
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To: nascarnation

“the Independent Payment Advisory Board, otherwise called by its acronym “IPAB” or more commonly the death panel. This provision puts 15 bureaucrats in charge of deciding where to cut costs and funding for certain health care services.”

Plus they just gave a very small group of people the power to declare that abortion is no longer funded. It can now be used as a “future tax revenue from workers” argument and there is nothing the left can do about it. I say we use their evil tools against their evils!


46 posted on 11/14/2012 3:58:05 AM PST by CSM (Keeper of the Dave Ramsey Ping list. FReepmail me if you want your beeber stuned.)
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To: ReaganGeneration2
Where were Romney’s advisors?

At the bank depositing their checks and transferring the funds to their offshore accounts.

47 posted on 11/14/2012 4:08:57 AM PST by COBOL2Java (The GOP-e said "Beat a Marxist with a Liberal!" What a colossal blunder.)
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To: E. Pluribus Unum
Everybody agrees that unnatural monopolies are a bad deal for the consumer, yet half those people believe that unnatural government monopolies are a good thing.

How does that work?

If they don't cover it on "The View" then there's nothing to worry about, apparently. And if they do cover it, then they let Whoopie explain it to them and everything's OK.

48 posted on 11/14/2012 4:13:39 AM PST by COBOL2Java (The GOP-e said "Beat a Marxist with a Liberal!" What a colossal blunder.)
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To: jsanders2001
Everyone just has to become a Congressman and voila! Instant exemption ...

Exactly. If you can somehow work your way up the ranks to become a member of the nomenklatura - or even better the politburo, you'll be OK, with the best doctors, the best hospital care. If not, well, sorry comrade.

49 posted on 11/14/2012 4:20:59 AM PST by COBOL2Java (The GOP-e said "Beat a Marxist with a Liberal!" What a colossal blunder.)
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To: USNBandit
The first squeeze will be for people that have coverage, but also have chronic health issues. Many of these people either took advantage of deducting their medical expenses if they were over 7.5% of their AGI, or used a Flexible Savings Account to use per-tax dollars for out of pocket expenses. Remember this was sold partly on the idea of not bankrupting people with medical bills. Under the ACA these people will see the threshold for deductibility rise to 10% and FSAs will be capped at $2500. The additional taxes paid by these lucky people will go to pay for the subsidies of others. Not protecting patients and not making care affordable.

Many of these folks have special needs kids, it is a triple whammy if they also have medical appliances and have to pay that tax as well.

Their is a loophole in the FSA however, it is per employee, so if a Husband and Wife are working they can both do $2,500.

What people do not know the $5,000 was an employer based arbitrary cap, their actually was none, and if your employer didn't limit it and you had high expenses you could do it tax free.

They want to kill this model and the HSA's because they work and they give you freedom.

A number changes I have come up with would have nixed Obamacare with HSA's being the anchor, along with others floated by our brainiac's

* One, Allow you to buy a plan through a natural group i.e. a Credit Union or a Church (501c3's).
* Get rid of the Aniti-Trust Exemption for health-care to sell across state lines.
* The most important one, allow any tax payer to buy a plan before their AGI on line 37 of the 1040. This means changing line 29, which now only allows small business owners to deduct their healthcare @ 100%, change line 29 so that it is for all of us. It is that simple...

Instead we have a federal leviathan...

50 posted on 11/14/2012 4:32:05 AM PST by taildragger (( Tighten the 5 point harness and brace for Impact Freepers, ya know it's coming..... ))
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