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ObamaCare Slaps States With $15 Billion In New Costs
Forbes ^ | January 5, 2015 | By Grace-Marie Turner

Posted on 01/05/2015 2:05:24 PM PST by Jim Robinson

Thirty-six states that rely on private managed care programs to provide medical services to all or some of their Medicaid recipients are facing an added ObamaCare tax.

According to a report by Milliman consulting actuaries, states that contract with Medicaid managed care plans face up to $15 billion in added costs over 10 years for their share of the law’s tax on private health insurance.

States will pay even if they strongly oppose ObamaCare and are refusing to establish health insurance exchanges or expand Medicaid.

The health law imposes an annual tax on private health insurance plans – a tax designed to recoup what some call their “windfall” from the millions of new customers they could gain because of the law. The tax on health insurers was expected to raise a total of $8 billion in 2014 and as much as $150 billion over the next 10 years. It is one of 20 designed to fund ObamaCare’s expanded coverage.

(Excerpt) Read more at forbes.com ...


TOPICS: Government; News/Current Events
KEYWORDS: 0carenightmare; exchanges; medicaid; medicaidexpansion; obama; obamacare; obamacaretax; taxes
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1 posted on 01/05/2015 2:05:24 PM PST by Jim Robinson
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To: Jim Robinson

The article doesn’t say which states


2 posted on 01/05/2015 2:08:34 PM PST by knarf
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To: Jim Robinson

States need to slap Obamacare with nullification of an unconstitutional federal law.

Arizona has just enacted such a law allowing the state to nullify unconstitutional federal acts.


3 posted on 01/05/2015 2:09:05 PM PST by PapaNew (The grace of God & freedom always win the debate in the forum of ideas over unjust law & government)
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To: knarf

One of the main points of Obamacare was to punish the enemies of the left.


4 posted on 01/05/2015 2:10:59 PM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Jim Robinson

You voted for it America.

True - life is becoming unaffordable.

But opposing this would mean you’re a racist. :)


5 posted on 01/05/2015 2:11:43 PM PST by Tzimisce
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To: Jim Robinson
a tax designed to recoup what some call their “windfall” from the millions of new customers they could gain because of the law.

Real, punitive taxes based on speculative future gains. Yep. Sounds like Liberal tax logic alright.

6 posted on 01/05/2015 2:13:28 PM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Jim Robinson

Only a return of the states to the senate can stop this sort of oppression cold. There is little time.


7 posted on 01/05/2015 2:14:06 PM PST by Jacquerie (Article V. If not now, when?)
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To: Jim Robinson

Mr. Robinson, I have recently been diagnosed with yet another A vascular Necrosis Hip. AVN. Getting it replaced soon. Second hip. Sux. Trying to outrun these bastards!!
Pretty sure you understand!
Poobear!


8 posted on 01/05/2015 2:15:07 PM PST by poobear (Socialism in the minds of the elites, is a con-game for the serfs, nothing more.)
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To: poobear

Prayers up!


9 posted on 01/05/2015 2:16:16 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: poobear

I had a knee replaced last year. Good luck. Lots of hard work, but worth it.


10 posted on 01/05/2015 2:18:43 PM PST by tioga
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To: poobear

good luck with your operation, will it be Panama or India?


11 posted on 01/05/2015 2:18:47 PM PST by GeronL
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To: Tzimisce
"But opposing this would mean you’re a racist. :)"

I AM A RACIST !!!

12 posted on 01/05/2015 2:39:09 PM PST by knarf
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To: Jim Robinson
Can anyone name one good thing about obamacare? Just one. I mean one thing that's good for everyone and for the country.

Just one? anyone?

13 posted on 01/05/2015 3:00:54 PM PST by Graybeard58 (Much violence and crime can be explained by the Bell Curve (Bing it))
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To: Jim Robinson

Not to worry. These states can just raise tax rates for the “rich” people.


14 posted on 01/05/2015 3:25:57 PM PST by catnipman (Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: Graybeard58
Just one? anyone?

Well, it is good for the economy and the unemployment figures. After all, 15,000 more IRS agents is nothing to sniff at!~~

15 posted on 01/05/2015 3:44:40 PM PST by Gritty (A new future is to be written, a new American moment, and I'm going to seize it-Obama 12/27/14)
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To: Jim Robinson

Unfunded Mandates.

States should sue the Feds.


16 posted on 01/05/2015 3:45:26 PM PST by G Larry (Amnesty imposes SLAVE WAGES on LEGAL immigrants & minorities)
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To: Gritty

Well, we’re also going to need another million or so affirmative action M.D.s. to meet new demand.


17 posted on 01/05/2015 3:47:57 PM PST by Graybeard58 (Much violence and crime can be explained by the Bell Curve (Bing it))
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To: Graybeard58

Maybe we can import some of those Cuban doctors? They say they are the best in the world and work cheap!


18 posted on 01/05/2015 3:52:26 PM PST by Gritty (A new future is to be written, a new American moment, and I'm going to seize it-Obama 12/27/14)
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To: Tzimisce

actually we didn’t.

all democrats and no republicans voted for it.

and nobody had time to read it before the vote was called.

and it was passed under illegal circumstances, started in the senate by gutting a prior passed bill.

and the scotus rewrote it, illegally.

so don’t sit here and say “america” voted for it. our side didn’t and we didn’t have anyone representing us do anything substantial to stop it. either in the legislature or the courts.


19 posted on 01/05/2015 5:24:54 PM PST by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: PapaNew
States need to slap Obamacare with nullification of an unconstitutional federal law.

Arizona has just enacted such a law allowing the state to nullify unconstitutional federal acts.

Things are starting to unravel fast.

20 posted on 01/05/2015 5:44:57 PM PST by ez (Muslims do not play well with others.)
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