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  • As Obamacare Deadline Looms, Insurance Companies Pile On The Taxes

    12/26/2013 3:35:45 PM PST · by Oldeconomybuyer · 12 replies
    CBS Local (NY) ^ | December 26, 2013
    Time is running out to sign up for Obamacare. Many are still scrambling to get coverage by Jan. 1. In the meantime, we’re now beginning to see the taxes added on by insurance companies because of the law. ... Most insurance companies don’t tell you about the taxes they add to their premiums. The numbers will vary, but one subscriber said their tax amount is $23.14 a month, or nearly $278 annually. Other add-ons include: * A 2 percent premium tax on every health plan. * A user fee of 3.5 percent to sell through the online marketplace. * A...
  • Obama sharply critical of Republican opponents of healthcare law

    09/26/2013 12:38:09 PM PDT · by Oldeconomybuyer · 22 replies
    Reuters ^ | September 26, 2013 | By Mark Felsenthal
    President Barack Obama lashed out at Republican opponents of the healthcare law he pioneered on Thursday. In a feisty speech at a Washington-area college, Obama defended the 2010 Affordable Care Act against Republican critics who say it is an example of government gone too far. Obama said Republicans fear Americans will come to like the healthcare law, saying their strategy is basically, "'We've got to shut this thing down before people find out that they like it.'" "Don't you think that's a strange argument? And the closer we get, the more desperate they get," he said.