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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: 10thAmendmentGuy; 383rr; Abathar; abbi_normal_2; Abcdefg; Abram; Abundy; Aevery_Freeman; ...

Libertarian ping


21 posted on 11/13/2012 5:48:33 PM PST by Clintonfatigued (Muslims are a people of tolerance, life,and peace, and if you don't agree, they'll murder you)
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To: 10thAmendmentGuy; 383rr; Abathar; abbi_normal_2; Abcdefg; Abram; Abundy; Aevery_Freeman; ...

Libertarian ping


22 posted on 11/13/2012 5:49:31 PM PST by Clintonfatigued (Muslims are a people of tolerance, life,and peace, and if you don't agree, they'll murder you)
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To: C19fan

LOL.

Welcome to Amerika.

This is what the sheep voted for—now they will get sheared.


23 posted on 11/13/2012 5:56:30 PM PST by SoFloFreeper
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To: C19fan

FU John Roberts.


24 posted on 11/13/2012 5:57:08 PM PST by Ken H
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To: cableguymn
Oh it will.. it will push others that can use the VA but are currently using other insurance in to the line with you at the VA.

For vets like me, VA benefits are means tested. If a vet has been over the earnings threshold and loses their job, they can petition the VA for immediate coverage..

25 posted on 11/13/2012 6:04:31 PM PST by EVO X
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To: 2ndDivisionVet
Wait and see. The VA healthcare system is only as good as the enabling legislation in effect on any given day. It appears TriCare will be gone shortly, and the whole VA system could realistically be folded into some half-assed new scheme any day, especially given how much Obama values veterans...
26 posted on 11/13/2012 6:24:11 PM PST by hinckley buzzard
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To: Nuc 1.1
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.

27 posted on 11/13/2012 6:25:52 PM PST by USNBandit (sarcasm engaged at all times)
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To: Nuc 1.1
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.

28 posted on 11/13/2012 6:25:52 PM PST by USNBandit (sarcasm engaged at all times)
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To: B.O. Plenty

>There has to be some “loophole” in the 2700 pages, written by morons, passed by morons and supported by morons...which will be a way out for everybody. It is the same with all bad, destructive legislation...there WILL be a way out

Everyone just has to become a Congressman and voila! Instant exemption ...


29 posted on 11/13/2012 6:36:05 PM PST by jsanders2001
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To: C19fan; All

“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.”

BOHICA!

My employer is already switching our healthcare plan to save $. I’m pretty sure he’s going to stop his GENEROUS contribution to our flex funds, too. (That covers OTC meds, which have been slashed to the bone & dental - which I still have and will quick get some minor work done in the coming year...) How much more will *I* be required to pay come January, 2014? I do not know. Nor will I until it’s gone from my paycheck. *SIGH*

I JUST got to a point where I was showing a slight SURPLUS each month. So GLAD Mother Government is there to catch me when that’s gone, too. *SPIT*

I’m REALLY getting dispirited, here. I’m a good person. I live a clean, sober, productive and simple life. And yet. And yet...


30 posted on 11/13/2012 6:47:56 PM PST by Diana in Wisconsin (I don't have 'Hobbies.' I'm developing a robust Post-Apocalyptic skill set...)
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To: C19fan
What it means to everyone is that we'll all have coverage and we won't actual have healthcare.
31 posted on 11/13/2012 6:52:44 PM PST by austingirl
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To: MtnClimber
Prices will go up. Payments to doctors will go down. Malpractice lawsuits will go up. No one will want to be a doctor and doctors will retire in huge numbers.

Man! Look at the OPPORTUNITY that you are outlining. Medical care will continue to be needed at a price that people are willing to pay. Some smart person is going to open a clinic and a transportation service to provide for those people who are willing to pay. Mexico? Canada? Costa Rica? I don't know where, but someone is going to hear the clarion call.

I'll be surprised to find that someone hasn't already put this into place.

32 posted on 11/13/2012 7:06:15 PM PST by SWake (Once again, they ran a "moderate", yet they STILL can't see what happened.)
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To: austingirl

Amen. You’ve identified it exactly.


33 posted on 11/13/2012 7:09:07 PM PST by SWake (Once again, they ran a "moderate", yet they STILL can't see what happened.)
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To: SWake

Man! Look at the OPPORTUNITY that you are outlining. Medical care will continue to be needed at a price that people are willing to pay.
= = = = = = = = = = = = = = = = = = = = = = = = = = = =
Probably so, BUT how many people do you think thought they (or someone) could get rich by opening “Smokers Only” bars, airlines, taxi service, hotels etc with anyone able to use, the only stipulation being it was OK to smoke.

The ‘powers that be’ simply refused to ‘give’ you permission to do.

.


34 posted on 11/13/2012 7:11:58 PM PST by xrmusn (6/98 "Hope in one hand and $hiite in the other and see which fills up first".)
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To: SWake

My wife got Lasik surgery done in Singapore for less than the co-pay here. But, the socialist “democracies” always close the the borders to prevent their citizens from escaping utopia.


35 posted on 11/13/2012 7:16:57 PM PST by MtnClimber (Ccies)
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To: C19fan

Unless you are ‘non-compliant’. Then they dont have to cover you.

And your BMI has to be below 22.


36 posted on 11/13/2012 8:05:48 PM PST by Pikachu_Dad (Impeach Sen Quinn)
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To: C19fan

Unless you are ‘non-compliant’. Then they dont have to cover you.

And your BMI has to be below 22.


37 posted on 11/13/2012 8:05:48 PM PST by Pikachu_Dad (Impeach Sen Quinn)
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To: C19fan

Unless you are ‘non-compliant’. Then they dont have to cover you.

And your BMI has to be below 22.


38 posted on 11/13/2012 8:05:53 PM PST by Pikachu_Dad (Impeach Sen Quinn)
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To: C19fan

Unless you are ‘non-compliant’. Then they dont have to cover you.

And your BMI has to be below 22.


39 posted on 11/13/2012 8:06:06 PM PST by Pikachu_Dad (Impeach Sen Quinn)
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To: C19fan

Unless you are ‘non-compliant’. Then they dont have to cover you.

And your BMI has to be below 22.


40 posted on 11/13/2012 8:06:08 PM PST by Pikachu_Dad (Impeach Sen Quinn)
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