Frankly Scarlett I don’t think anyone has a clue what the costs are really going to be until full implementation and there is only faint hope that isn’t going to happen sooner rather than later.
But you should see all the people that think it is so cool that they can get a better deal through the exchange! While I don’t believe our health insurance should be linked to our employment, either, I am not satisfied that private companies are now allowed to break their contracts with employees and dump them on the public fisc. The single payer folks are rubbing their hands with glee and I am weeping for our future generations.
I give that a big NO DUH!
Obamacare needs to be defunded, to bad we have a Republican majority in the house that left there spine and balls back home.
“We believe that with the $500 from Trader Joe’s and the tax credits available under the (Affordable Care Act), many of you should be able to obtain health care coverage at very little if any net cost to you,” noted CEO Dan Bane in a memo to employees revealed this week.
Am I missing something or is shifting the employer-provided health insurance to a lump-sum pay-out to the employee exposing that pay-out to individual Federal income taxes now?
There are many stories a day where this scenario is happening. (IBM retirees being a noteworthy example)
Maybe a better use of taxpayer’s money than those endless Congressional pay raises, D.C. parties, and gold toilets...??
Insurance enrollment begins in 2 weeks. Would be difficult to stop it at this point. I disagree with forcing people to buy a product. Of course, others point to the fact we’re forced to buy car insurance too.
Ah, lower personal health care premiums through government subsidy finally makes some news.
In his memo, CEO Dan Bane added “And the best part is that you don’t even need to buy insurance until after you are really ill since you can’t be denied insurance for pre-existing conditions. Any fine that you may be charged with for not having insurance is minimal compared to the cost of actual insurance, and there’s no way the IRS can collect the fine anyway if you don’t over with hold on your advance tax payments.”
The whole impetus behind Obamacare was companies who wanted to shift the costs of employee health care off of their books and onto the public treasury. It’s why they supported it. It’s why they continue to acquiesce in it. It’s why they continue to pull the golden chains that keep Republicans from defunding it.