Posted on 03/21/2010 4:26:28 PM PDT by ghostas
Here is what to expect if the bill becomes law:
WITHIN THE FIRST YEAR OF ENACTMENT
*Insurance companies will be barred from dropping people from coverage when they get sick. Lifetime coverage limits will be eliminated and annual limits are to be restricted.
*Insurers will be barred from excluding children for coverage because of pre-existing conditions.
*Young adults will be able to stay on their parents' health plans until the age of 26. Many health plans currently drop dependents from coverage when they turn 19 or finish college.
*Uninsured adults with a pre-existing conditions will be able to obtain health coverage through a new program that will expire once new insurance exchanges begin operating in 2014.
*A temporary reinsurance program is created to help companies maintain health coverage for early retirees between the ages of 55 and 64. This also expires in 2014.
*Medicare drug beneficiaries who fall into the "doughnut hole" coverage gap will get a $250 rebate. The bill eventually closes that gap which currently begins after $2,700 is spent on drugs. Coverage starts again after $6,154 is spent.
*A tax credit becomes available for some small businesses to help provide coverage for workers.
*A 10 percent tax on indoor tanning services that use ultraviolet lamps goes into effect on July 1.
WHAT HAPPENS IN 2011 (continued)
(Excerpt) Read more at reuters.com ...
They further cement the democrat stranglehold on indoctrinating the young by offering basically health care freebies to everyone under 26 instead of paying for insurance like they should. This part is key to their re-election strategy in 2012.
Medicare 'freebies' (yours and my money) are given out to pay for other people's prescriptions. This is partially to help boost Obama's control and sway with older voters who historically have rejected his socialism.
Another absurd tax many Americans never heard about then immediately goes into effect, this time taxing private businesses who run tanning salons.
2011: Medicare starts giving "%10 bonuses" (yours and my money) to doctors and physicians, thus helping to bribe more AMA support from Big Medical groups.
More giveaways to "poor/disabled" i.e. not hardworking Americans, but the ones who are not working and not paying taxes.
"Employers are required to disclose the value of health benefits on employees' W-2 tax forms." Take a guess why!
A "fee" is applied to pharmaceutical companies as once again Obamacare meddles with private enterprises who many of us would've made profits on stock trades from (not anymore, dump it now) had they been allowed to continue business unfettered.
That's just within THE FIRST 2 YEARS. Read the article to see how the road to Obamacare continues.
Rates will have to skyrocket to cover those with pre-existing conditions. Or does the government now prevent companies and the states from regulating on day 1?
When are the additional 16,000 IRS agents hired to enforce this travesty?
I was wondering how this new plan was not going to cost the taxpayer “one thin dime” as promised by Barry. Apparently the tax from indoor tanning is going to subsidize this.
I really wonder if our republic will last till 2012, this was the shot thru the bow!
(At least that what's the financial analyst who was the Keynote at this past week's trade show said)
And can it be, without completely bringing down the system that the uninsured can’t be denied coverage due to pre-existing conditions starting in 2010, and individuals are not required to have coverage until 2014? Is that a 4 year window in which it makes no sense for the healthy to pay for insurance as long as they stay healthy?
I want to know why the GOP didn’t go on the offense and tell the American people the truth behind this tyranny months ago? How about the truth for a change? How about having some spine, guts, and gonads since our freedom is being stolen and our lives destroyed.
I never, never, never thought I would live to see my country destroyed so completely from within by traitors.
BFLR & BTTT !!
If I had to guess, the IRS 0bamabots will be hired by the end of this year.
Woo Hoo!!
I always wondered how I could retire from practicing medicine and still maintain my health insurance until medicare age...
NOW, I can retire at 55!! Thanks Big O!
Of course there's one less physician to staff the hospital, but...
Don’t you mean “when” it becomes law?
They are misinformed. I don’t think the “pre existing conditons” part of this goes into effect until 2014.
Haven’t read it, but they say Medicare withholding will go up, that certain Health Plans will be taxed (unions exempted), that Medical devices will be taxed...for starters. Saw somewhere that someone wants to tax every stock sale. I don’t know if that’s in the bill or just an idea in someone’s mind...
That’s what I was told here....Thanks freeper! But there is a website too that shows 1.45% increase in medicare taxes or something that we pay every week on our paychecks in addition to the tanning and misc. taxes.
probably a year after employment jumps above 20% because people are getting laid off left and right (or losing their coverage).
Here’s the link a freeper passed on....
http://www.atr.org/comprehensive-list-tax-hikes-government-health-a4658
In the meanwhile the dollar, inexorably, goes in the tank as for each dollar borrowed, only $.20 cents is gained by the GDP...and, that ratio continues to drop:
Todays’ piece by Denninger:
http://market-ticker.denninger.net/archives/2104-How-Far-Down-The-Rabbit-Hole-Must-We-Go.html
They may have, but the MSM controls the sound bites!
they can't do that already....I am living proof.
“Employers are required to disclose the value of health benefits on employees’ W-2 tax forms.”
AHAHAHAHAAAAA So you get a fine for not carrying insurance, and if you avoid the fine by getting group insurance through your job, you are taxed on healthcare benefits.
AHAHAHAHAAAAA woooooo, Gotta laugh when you want to cry.
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