[snowrip]

I’ve been in health insurance for 15 years, and none of this stuff is news to anyone in my industry.

We can’t get answers from anyone in the government... because none of the government agencies that are supposed to implementing PPACA have any idea how the law actually works. I work for the third largest brokerage in America; we’ve had to subcontract law firms to decipher every line.

On this week’s national webcast we learned that to qualify for a subsidy, you must submit approximately 40 pages of financial, health, and personal information. That information is shared with the IRS, the DHS, and whatever yet-unnamed agency that will process and store the data. The attorneys are telling us that it appears that employee plans will lose their pretax status and will now be counted as income.

We’re expecting increases on family insurance premiums to be somewhere in the 26-72% range, and that’s not including the 40% tax on “Cadillac” employer plans; unless you’re in a union, of course. Then you get an exemption from the taxes because you have a NAMBLA-esque relationship with your paper god.

[Jack Hydrazine]

“... That information is shared with the IRS, the DHS, and whatever yet-unnamed agency that will process and store the data.”

I think it’s called No Such Agency and the data will be stored at their new facility in Utah!

[taildragger]

The attorneys are telling us that it appears that employee plans will lose their pretax status and will now be counted as income.

1st I have heard of that, and if so people WILL revolt over that one...

Without getting into it, I have been blessed to get executive summaries etc what was in this mess, bit his is a new one on me...