Posted on 03/28/2013 6:09:48 AM PDT by SeekAndFind
(Reuters) - Millions of Americans will be priced out of health insurance under President Barack Obama's healthcare overhaul because of a glitch in the law that adversely affects people with modest incomes who cannot afford family coverage offered by their employers, a leading healthcare advocacy group said on Tuesday.
Tax credits are a key component of the law and the White House has said the credits, averaging about $4,000 apiece, will help about 18 million individuals and families pay for health insurance once the Affordable Care Act takes full effect, beginning in January 2014.
The tax credits are geared toward low and middle-income Americans who do not have access to affordable health insurance coverage through an employer. The law specifies that employer-sponsored insurance is affordable so long as a worker's share of the premium does not exceed 9.5 percent of the worker's household income.
In its rule making, or final interpretation of the law, the IRS said affordability should be based strictly on individual coverage costs, however.
That means that, even if family coverage through an employer-based plan far exceeds the 9.5 percent cutoff, workers would not be eligible for the tax credits to help buy insurance for children or non-working dependents.
"It's an issue. It needs to be fixed," Ron Pollack, executive director of Families USA, an influential healthcare advocacy group said on Tuesday, referring to what he called "the family glitch problem."
He spoke on a teleconference calling attention to a report, released by his organization on Tuesday, that said more than 1.7 million Floridians will be eligible for the new premium tax credits next year.
(Excerpt) Read more at reuters.com ...
It was meant to overwhelm the system so Ubama can declare martial law.
When he does, anybody who works for the feral government is the enemy.
nuffin dat kant be fixed wit mo money, mo money, mo money. and you know dat dose cumpanies gots a stash.
Glitch? Glitch? The entire freakin' thing is what is pricing lower income people out of health insurance.
We have to pass the bill to see what's in it!
Remember back when Bammy and gang were pushing for passage—he was talking about how much surgeons would rather cut off a foot then repair a toe or some such ignoramus nonsense. Right there I knew that ashole didn’t know what the hades sense that was but that full speed ahead anyway BammyCare at all costs. Tyrant president for an idiot population of chumps to the music of the Left Scheme media.
It was never meant to be what is was sold as.
It was and is meant to control the population through access to medical care.
The favored groups will get care. The non favored groups will not.
don’t be ridiculous ~ that’s just crazy talk ~ see your doctor
Everything government touches turns to feces. You would think that our fertility as a nation would be going up.
They were misusing life expectancy tables to misinform themselves.
I swear there is a large contingent of our culture that thinks that without health care everyone would just drop dead.
Come to think of it, statistics DO bear that out even WITH health care:
http://www.theonion.com/articles/world-death-rate-holding-steady-at-100-percent,1670/
$4000 “tax credits”?
It’s just redistribution of income from the 50% of people who pay federal income taxes to the 50% who do not?
except now they have to spend those “tax credits” on health “insurance” instead of vacations and big screen TV’s?
it is
but abortion makes up for that
go back to when banmy was talking about his rasist Toot and her decision to have a hip replacement
It was crystal clear he thought it was a waste of money (his inheritance?) and that he thought her accepting immobility and slow death masked by pain pills was the more moral choice
whole strange unquestioned thing, the cause and timing of Toot’s death, What she sowed in life...she reaped at death
Tax credits are merely an attempt to bribe.
That’s the point of power, and 0bama actually voiced that at one point.
The point of getting power is to reward your friends and punish your enemies.
0bamacare is this concept writ large.
I will not be surprised if in 2014 Obamacare reveals a provision barring lawful gun owners from getting medical care. For the children.
We haven’t begun to see the disasters ahead. Most states have not set up their “exchanges”. What the hell is an exchange? Basically it’s a pool of money that pays for health services. And what happens when the exchange runs dry? We haven’t seen the effects of doctor shortages either. And way down the road, fewer young people will think about the long and expensive route through medical school if they are only going to get $20 for an office visit through Obamacare. We had to pass it to see what was in it.
That was the goal, to force as many as possible onto the regime’s healthcare scheme. It’s all about CONTROL!
And, that’s why they want the guns.
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