Posted on 10/28/2016 7:36:25 AM PDT by John W
Wow! Thanks for the breakdown. No wonder so many are opting out of Obamacare and willing to pay the TAX as Justice Roberts changed it to from a penalty. If I understand correctly, there is no other means to collect said tax unless you have a tax refund coming. They can’t garnish wages; can’t put leans of your home; can’t put you in jail; etc.
I believe that was proven to be a myth or urban legend.
“Economist On Rising ACA Costs: You’re Going To Have ‘Riots’”
Total Bullcrap, not in this land of the sheepeople! The majority of American people are soft and will sacrifice there liberty and freedom for temporary comforts, they elected Obama, twice! and voted in democrat/socialist to rule in just about every major city.
Best Levin anti-ACA rant EVER:
Personally, I think it’s CRIMINAL to fine/penalize/tax people for not buying a product they do not want (Obamacare one size fits all), can’t afford, & can’t use. To add further injury to those who do bite the bullet, health “insurance” is not the same thing as health “care” as many are finding out the hard way.
ObamaCare was written by the insurance industry. What industry wouldn't want to write a Federal statute that requires people to buy your product -- under the threat of financial penalties imposed by the IRS?
This was the last gasp of the health insurance industry. With the upside-down demographics in the U.S., they knew it was only a matter of time before they were going to be out of business due to a combination of: (1) excessive claims for older insured people, and (2) insufficient numbers of younger insured people to make the insurance pools work out. In effect, the health insurance industry was slowly being pushed into a business environment not much different than a life insurance company whose clients were mostly over the age of 80. It doesn't take a Nobel Prize in economics to see that this wasn't going to work out.
The cost of processing and the paperwork involved in insurance billing is costly. If we returned to paying cash for office visits, the cost of them would drop. Doctors would compete for business and not be burdened with paperwork. If insurance only covered extremely specialized drugs, the more common drugs would drop in price due to competition and consumer's unwillingness to pay high prices(free market). If they aren't selling drugs, they aren't in business.
Health insurance could then be focused on hospitalization and catastrophic needs, rather than every little medical need. Third party payment eliminates the direct financial relationship between consumer and provider and drives up prices.
Any business model for a product or service that is sold through third-party payment processes is doomed to fail -- and it doesn't matter if the "third party" is an insurance company or a government agency. All of the economic and pricing forces related to supply and demand in a business transaction go out the window when you have buyers and sellers who don't deal directly with each other.
The only was to "fix" this system is to have people pay for health care services out of their own pockets. Anyone who suggests such a scenario can expect to get about 5% of the vote in any given election. LOL.
You beat me to it by a few minutes.
Wow, that’s crazy. Almost an identical post. GMTA.
For a while after Baraq al-Husseini got into office, I was out of work or doing short term contracts where I did not have insurance. I just went into the Dr.'s office and asked for the self-pay price — and paid it.
Surprise! It was quite reasonable.
Hah! Those examples are nothing. When I ran our income for just me and hubby through the California website the deductible and premiums equaled almost 30% of our incomes.
Yes, you are correct, sorta. If they wanted to, they could apply as there is a religious exemption BUT like the Amish, they cannot receive benefits if they apply for an exemption. The fact check I read quoted some Muslims and like many, WHY would they not want to get US gov't benefits?
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