ACA: Affordable Care Act (better known as OBAMACARE) - Enrollment Starts October 1st - You In?

Rico x Hood said:
Not sure what you're laughing at but feel free to point out which part of my post was incorrect.
Click to expand...

I am laughing cause you make it seem like the young and healthy are FOOTING the entire bill. Yes you may have to pay a measly $95 for not purchasing health insurance if you're not covered by an employer plan but the majority of the funding comes from....

+.9% Increase in Medicare Tax Rate plus 3.8% New Tax on unearned income for high-income taxpayers= $210.2 billion ($200,000 for individual and $250,000 for joint filers)

New Annual Fee on health insurance providers = $60 billion

40% New Tax on health insurance policies which cost more than $10,200 for an individual or $27,500 for a family, per year = $32 billion

New Annual Fee on manufacturers and importers of branded drugs = $27 billion

2.3% New Tax on manufacturers and importers of certain medical devices = $20 billion

+2.5% Increase (7.5% to 10%) in the Adjusted Gross Income floor on medical expenses deduction = $15.2 billion

Limit annual contributions to $2,500 on flexible spending arrangements in cafeteria plans (plans that allow employees to choose between different types of benefits) = $13 billion

10% New Tax imposed on each individual for whom “indoor tanning services” are performed.

3.8% New Tax on investment income. Includes: gross income from interest, dividends, royalties, rents, and net capital gains. Investment income does not include interest on tax-exempt bonds, veterans’ benefits, excluded gain from the sale of a principle residence, distributions from retirement plans, or amounts subject to self-employment taxes. (The lesser of net investment income or the excess of modified Adjusted Gross Income over a the dollar amount at which the highest income tax bracket, typically $250,000 for married filing jointly and $200,000 filing as an individual).
Click to expand...

^ Does any of that even apply to you? Do you make over $200,000?
 
All those stats will be peanuts compared to how much the whole ACA will cost. The largest chunk of money to make ACA work comes from young healthy people. This demographic will have to buy insurance but won't draw from it. Those funds will be used for the sick and feeble. What you posted are additional ways ACA will cover the cost of the newly insured but the whole law will fall apart if young healthy people don't sign up. This is fact and cannot be disputed. So as I said before people like me are expected to foot the bill.

If you want to remain cynical of my claims go back a couple pages in this thread you will find a number of articles that explain why I'm right.
 
Rico x Hood said:
All those stats will be peanuts compared to how much the whole ACA will cost. The largest chunk of money to make ACA work comes from young healthy people. This demographic will have to buy insurance but won't draw from it. Those funds will be used for the sick and feeble. What you posted are additional ways ACA will cover the cost of the newly insured but the whole law will fall apart if young healthy people don't sign up. This is fact and cannot be disputed. So as I said before people like me are expected to foot the bill.

If you want to remain cynical of my claims go back a couple pages in this thread you will find a number of articles that explain why I'm right.
Click to expand...

Yah ok like this article..

Obamacare Will Increase Health Spending By $7,450 For A Typical Family of Four
Click to expand...


:smh::lol:

Lets look at the demographics

http://www.nytimes.com/interactive/...th-and-without-the-health-care-law.html?_r=1&

About half of all Americans—about 160 million people—already have private health insurance, mostly thru employers.

One-third of Americans are on Medicare (seniors) and Medicaid (for the poor and disabled)

So basically what you're saying is the rest.. 20% or less of Americans, not just young and healthy, are going to be footing the bill for ACA? And in that 20% are people who are exempt like religious folks or people in jail, illegals, etc.

And you expect me not to laugh at your comment?
 
Last edited:
http://m.washingtonpost.com/blogs/w...to-sign-up-and-it-looks-like-theyre-starting/
Obamacare needs young people to sign up. And it looks like they’re starting.
By Sarah Kliff, Published: OCTOBER 11, 3:43 PM ET
Aa
The White House has made abundantly clear that the Affordable Care Act's success depends largely on getting young, healthy people to sign up for health coverage.

This demographic is important -- and also thought to be an especially tough sell. Young adults tend to have lower health-care costs and would be less likely to use their health plan. Paying a monthly premium when you don't expect to get sick doesn't sound like the greatest deal.

That's what makes some early health law data surprising: A few signs are cropping up that, at least initially, young people have been among the more enthusiastic Affordable Care Act shoppers.

Access Health CT, Connecticut's marketplace, said earlier this week that approximately one-third of the people who have so far applied for coverage there are under 35. This would hover around the administration's goal of having 2.7 million of the 7 million estimated new enrollees be between 18 and 35.

Maryland put out new data Friday afternoon on the 25,000 people who have so far created accounts on its marketplace. The biggest demographic? Shoppers between 25 and 29.


All of this comes with the caveat that we are exactly 12 days into a six-month open enrollment period, with a small slice of data about what insurance shoppers will look like. It's quite possible that younger, more Internet-adept shoppers would be over-represented in early data.

Still, early numbers do suggest at least some level of interest from young shoppers does indeed exist as open enrollment gets underway.
 
Last edited:
That's how all insurance works. You need a large pool that will never use the coverage. That's how the carriers make a profit. Letting them write the law and lobby the **** out of our government is what you should be mad at.
 
DubA169 said:
That's how all insurance works. You need a large pool that will never use the coverage. That's how the carriers make a profit. Letting them write the law and lobby the **** out of our government is what you should be mad at.
Click to expand...

This.
 
iHow are we suppose to pay our monthly premiums? Im saying do we pay it directly to insurance, comes out our paychecks etc??
 
I'm well aware. But my debate opponent and his condescending attitude irked me. I assumed what I had been saying was common knowledge. Clearly, I was wrong.


I have nothing left to say, my original point still stands.
 
Superb said:
iHow are we suppose to pay our monthly premiums? Im saying do we pay it directly to insurance, comes out our paychecks etc??
Click to expand...

You would pay it like any other insurance premium.... You're not buying insurance from the government, they are simply facilitating the transaction and fining you if you file taxes and don't have insurance.
 
It really all depends how much the fine is going to increase, talked to some people who are mad that there's a $95 fine but have no problems paying close to that or even more for a 'rapid refund' to get their taxes done.
 
http://theeconomiccollapseblog.com/...t-obamacare-is-going-to-wreck-the-u-s-economy

It is hard to find the words to adequately describe how much of a disaster Obamacare is turning out to be. The debut of Healthcare.gov has been probably the worst launch of a major website in history, millions of Americans are having their current health insurance policies canceled, millions of others are seeing the size of their health insurance premiums absolutely explode, and this new law is going to result in massive numbers of jobs being lost. It is almost as if Obamacare was specifically designed to wreck the U.S. economy. Not that what we had before Obamacare was great. In fact, I have long argued that the U.S. health care system is a complete and total train wreck. But now Obamacare is making everything that was bad about our system much, much worse.

Americans are going to pay far more for health care, the quality of that care is going to go down, they are going to have to deal with far more medical red tape, and thousands upon thousands of U.S. employers are considering getting rid of the health plans that they offer to employees altogether due to Obamacare. If the U.S. health care system was a separate nation, it would be the 6th largest economy on the entire planet, and now Obamacare is going to absolutely cripple it. To say that Obamacare is an "economic catastrophe" would be a massive understatement.

Of course we were assured that it wouldn't turn out this way. We were promised over and over that we were going to pay less for health care, get better coverage, and be able to keep our current health plans if we were pleased with them. The following is what Obama said at a rally in 2009...

"First of all, if you’ve got health insurance, you like your doctors, you like your plan, you can keep your doctor, you can keep your plan. Nobody is talking about taking that away from you."

Oh really?

That was such a dramatic lie that even NBC News is turning on him. They discovered that Obama has known for three years that most people that rely on individual health insurance policies would not be able to keep them...

Buried in Obamacare regulations from July 2010 is an estimate that because of normal turnover in the individual insurance market, “40 to 67 percent” of customers will not be able to keep their policy. And because many policies will have been changed since the key date, “the percentage of individual market policies losing grandfather status in a given year exceeds the 40 to 67 percent range.”



That means the administration knew that more than 40 to 67 percent of those in the individual market would not be able to keep their plans, even if they liked them.

Pretty much everything that Obama told us when he was selling us on his plan has turned out to be a lie.

So what can we expect from Obamacare moving forward? The following are 10 signs that Obamacare is going to wreck the U.S. economy...

#1 It is being projected that millions upon millions of Americans are going to lose their current health insurance plans thanks to Obamacare. Most will be faced with the choice of either purchasing much more expensive health insurance or going uninsured. This will put even more stress on a middle class that is already disintegrating rapidly. The following is from the recent NBC News investigation mentioned above...

Four sources deeply involved in the Affordable Care Act tell NBC News that 50 to 75 percent of the 14 million consumers who buy their insurance individually can expect to receive a “cancellation” letter or the equivalent over the next year because their existing policies don’t meet the standards mandated by the new health care law. One expert predicts that number could reach as high as 80 percent. And all say that many of those forced to buy pricier new policies will experience “sticker shock.”

#2 The health insurance premium increases that some families are experiencing are absolutely mind boggling. According to Mike Adams of Natural News, one family in Texas just got hit with a 539% rate increase...

Obamacare is named the "Affordable Care Act," after all, and the President promised the rates would be "as low as a phone bill." But I just received a confirmed letter from a friend in Texas showing a 539% rate increase on an existing policy that's been in good standing for years.



As the letter reveals (see below), the cost for this couple's policy under Humana is increasing from $212.10 per month to $1,356.60 per month. This is for a couple in good health whose combined income is less than $70K -- a middle-class family, in other words.

According to NBC News, an elderly couple in North Carolina was hit with a similar rate increase...

George Schwab, 62, of North Carolina, said he was "perfectly happy" with his plan from Blue Cross Blue Shield, which also insured his wife for a $228 monthly premium. But this past September, he was surprised to receive a letter saying his policy was no longer available. The "comparable" plan the insurance company offered him carried a $1,208 monthly premium and a $5,500 deductible.

Many Americans that were formerly in favor of Obamacare are now against it after they have seen what it is going to do to their budgets. The following is one example of this from a recent Los Angeles Times article...

Pam Kehaly, president of Anthem Blue Cross in California, said she received a recent letter from a young woman complaining about a 50% rate hike related to the healthcare law.



"She said, 'I was all for Obamacare until I found out I was paying for it,'" Kehaly said.

#3 Obamacare actually includes incentives for people to work less and make less money. The following is one example from a recent article by Sean Davis...

In California, a couple earning $64,000 a year would not qualify for health care subsidies. A bronze plan for them through Kaiser would cost them about $1,300 each month, or $15,600 a year. But if that same family earned just $2,000 less, it would qualify for over $14,000 in annual health care subsidies, dropping their premiums for that same Kaiser plan to less than $100 per month.

#4 Thankfully the employer mandate in Obamacare was delayed for a little while, but it will ultimately result in widespread job losses all over the country. In fact, we are already starting to see this happen. The following is from a recent article in the Economist...

BEFORE the recession, Richard Clark’s cleaning company in Florida had 200 employees, about half of them working full time. These days it has about 150, with 80% part-time. The downturn explains some of this. But Mr Clark also blames Barack Obama’s health reform. When it comes into effect in January 2015, Obamacare will require firms with 50 or more full-time employees to offer them affordable health insurance or pay a fine of $2,000-3,000 per worker. That is a daunting prospect for firms that do not already offer coverage. But for many, there is a way round the law.



Mr Clark says he is “very careful with the threshold”. To keep his full-time workforce below the magic number of 50, he is relying more on part-timers. He is not alone. More than one in ten firms surveyed by Mercer, a consultancy—and one in five retail and hospitality companies—say they will cut workers’ hours because of Obamacare. A hundred part-timers can flip as many burgers as 50 full-timers, and the former will soon be much cheaper.

You can find a very long list of some of the employers that have either eliminated jobs or cut hours because of Obamacare right here.

#5 Even if you are able to keep your job, there is no guarantee that your employer will continue to offer health insurance as an employee benefit. In fact, it is being reported that large numbers of employers have already decided to no longer offer health insurance to their employees because of Obamacare.

#6 According to CBS News, so far the number of people that have had their health insurance policies canceled is more than three times greater than the number of people that have signed up for new policies under Obamacare...

CBS News has learned more than two million Americans have been told they cannot renew their current insurance policies -- more than triple the number of people said to be buying insurance under the new Affordable Care Act, commonly known as Obamacare.

#7 If what is going on in New York is any indication, those that are signing up for health insurance under Obamacare are going to have a really, really hard time finding a doctor...

New York doctors are treating ObamaCare like the plague, a new survey reveals.



A poll conducted by the New York State Medical Society finds that 44 percent of MDs said they are not participating in the nation’s new health-care plan.

Another 33 percent say they’re still not sure whether to become ObamaCare providers.



Only 23 percent of the 409 physicians queried said they’re taking patients who signed up through health exchanges.

#8 Obamacare is turning out to be a gold mine for hackers and identity thieves. The personal information of millions of Americans could potentially end up being compromised. According to CNN, Healthcare.gov was found to be teeming with security holes...

The Obamacare website has more than annoying bugs. A cybersecurity expert found a way to hack into users' accounts.



Until the Department of Health fixed the security hole last week, anyone could easily reset your Healthcare.gov password without your knowledge and potentially hijack your account.

And according to the New York Post, Healthcare.gov has been designed so badly from a security standpoint that it might have to be "rebuilt from scratch"...

The chairman of the House Intelligence Committee said ObamaCare’s website, already a tangled mess, might need to be rebuilt from scratch to to protect against cyber-thieves because he fears it’s not a safe place right now for health-care consumers to deposit their personal information.



“I know that they’ve called in another private entity to try to help with the security of it. The problem is, they may have to redesign the entire system,” Rep. Mike Rogers said on Sunday on CNN’s “State of the Union” political talk show. “The way the system is designed, it is not secure.”

#9 As I noted in a previous article, approximately 60 percent of all personal bankruptcies in the United States are related to medical bills. Because millions of Americans are now losing their health insurance policies and millions of others will choose to pay the fine rather than sign up for Obamacare, more Americans than ever will find themselves overwhelmed with medical bills when they get seriously sick. This will result in even more personal bankruptcies.

#10 In the end, the burden for paying for the subsidies that Obamacare offers is going to overwhelmingly fall on the taxpayers. This is going to cause our nightmarish national debt to get even worse. Peter Schiff recently explained why this is going to happen...

It is also ironic that high-deductible, catastrophic plans are precisely what young people should be buying in the first place. They are inexpensive because they provide coverage for unlikely, but expensive, events. Routine care is best paid for out-of-pocket by value conscious consumers. But Obamacare outlaws these plans, in favor of what amounts to prepaid medical treatment that shifts the cost of services to taxpayers. In such a system, patients have no incentive to contain costs. Since the biggest factor driving health care costs higher in the first place has been the over use of insurance that results from government-provided tax incentives, and the lack of cost accountability that results from a third-party payer system, Obamacare will bend the cost curve even higher. The fact that Obamacare does nothing to rein in costs while providing an open-ended insurance subsidy may be good news for hospitals and insurance companies, but it's bad news for taxpayers, on whom this increased burden will ultimately fall.

So what do you think of Obamacare?

Has it directly affected your life yet?
Click to expand...
 
The Obamacare supporters are drubk off the Kool-Aid. In my mind they the law is a cluster **** but to admit it would be to betray Obama.

I'll admit it, I was a huge Obama supporter in 08, I even got chosen to volunteer at his first inauguration. But as the years have passed he has shown that he isn't the commander of change like he promised. America elected an inexperienced leader and now we are reaping what we sowed. 2016 can't come soon enough.
 
fixed. money bout to be a LAME duck once he loses da senate, then da keystone XL can finally get green lit...
 
Rico x Hood said:
The Obamacare supporters are drubk off the Kool-Aid. In my mind they the law is a cluster **** but to admit it would be to betray Obama.

I'll admit it, I was a huge Obama supporter in 08, I even got chosen to volunteer at his first inauguration. But as the years have passed he has shown that he isn't the commander of change like he promised. America elected an inexperienced leader and now we are reaping what we sowed. 2016 can't come soon enough.
Click to expand...

i was a obama supporter but once 09 hit and i realized cash for clunkers and QE was gonna be a fail i jumped ship. guess they dont understand how much of an epic fail this is, except for job creation through unnecessary bureaucracy

View media item 628032
 
Serious question, can this be repealed?

Also, crazy how this thread has been ignored when everyone on this site is going to be influenced by this in one way or another.
 
Rell826 said:
Serious question, can this be repealed?

Also, crazy how this thread has been ignored when everyone on this site is going to be influenced by this in one way or another.
Click to expand...
You could always move out of the country.
laugh.gif
 
If the repubs get the senate and the pres locked up yes. But let's say that doesn't happen until 2020 and good amount of people like it they will face hell if they repal it. Just like they always talk about entitlements but wouldn't DARE go to their constituents and **** with Medicare and social security.

Plus if the insurance companies are making more money from all their new customers they will make sure it doesn't get repealed.
 
Last edited:
DubA169 said:
If the repubs get the senate and the pres locked up yes. But let's say that doesn't happen until 2020 and good amount of people like it they will face hell if they repal it. Just like they always talk about entitlements but wouldn't DARE go to their constituents and **** with Medicare and social security.

Plus if the insurance companies are making more money from all their new customers they will make sure it doesn't get repealed.
Click to expand...

this was never about healthcare, it was all about control and how to screw taxpayers multiple ways.
 
You must log in or register to reply here.

The ultimate sneaker enthusiast community.

NikeTalk was created as a way of giving back to both the sneaker enthusiast community and to the greater global community of which we are all a part.

NikeTalk is NOT affiliated with Nike Inc. in any way, shape, or form. All opinions expressed herein do not necessarily reflect those of Nike, Inc.

© 1999-2024 NikeTalk.com

Share this page

Back
Top Bottom