There seems to have been alot of news out lately about the cost of Obamacare. I just worked out one of the fomulas for myself and it looks like my premium could go up threefold. Has anyone else done some calulations for themselves (families). If so, please tell me I am wrong in my calculations. Thanks
Obamacare...discussion
- Thread starter Mbadvisor
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WFFaithful
Well-known member
link?
here is the link I used
http://healthreform.kff.org/subsidycalculator.aspx
http://healthreform.kff.org/subsidycalculator.aspx
DeacLaw05
Well-known member
This is true. There is no way a government program could be more expensive in actuality than it is on paper. Simply isn't possible.
awaken
Well-known member
Increase demand for healthcare (from greater access), same supply of doctors (we hope), and not allowing underwriting = much higher costs.
PM me if you want to go into specifics.
if you buy your own insurance, you make more than 90,000 (for a family of 4), are male, are under 50 and have a deductible over 2500, you will pay a good deal more. The highest estimates Ive seen are around 110%.
if you buy your own insurance, you make more than 90,000 (for a family of 4), are male, are under 50 and have a deductible over 2500, you will pay a good deal more. The highest estimates Ive seen are around 110%.
Spot the Wonder
Well-known member
I'm very dissappointed by some of the rulings on the ACA that the IRS has made.
300% more, give me a break.
Think of this logically not dogmatically. If it was even 120% of today's costs, it would be on front page of every newspaper and of every rational website.
If this was true, don't you think the Koch Brothers and Rove would have spent 100M+ on ads about it?
There has been over two years and nothing.
The reason it asks for banking information is that millions of people will qualify for some sort of subsidies.
Identity Fraud ---don't get me started!
BeachBumDeac
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you think giving your banking information to the IRS opens you up for more identity fraud than all the other information you already have to give the IRS?
I was the subject of Identity Fraud. I am overly sensitive to this. It was a nightmare for me for years. In the past, I have never had to give my bank routing number and account number to the IRS
The feds are going to require every employer to submit their current benefot plan, prices and employer contribution in order to help ID affordability requirements. They estimated this would cost an employer ~$6k per year to do.
This is goign to be an utter disaster. I have no faith they will pull tjhis out base don hwo they are setting up the rules.
And the IRS rulings, along with CMS and HHS, are brutal.
This is goign to be an utter disaster. I have no faith they will pull tjhis out base don hwo they are setting up the rules.
And the IRS rulings, along with CMS and HHS, are brutal.
2&2 Slider To Leyritz
Well-known member
I don't know about identity fraud, but it is awesome when the IRS computers know your bank account information so those same computers can swoop right in and empty your account after they've erroneously alleged a tax deficiency and, even though 7 different IRS employees tell you the file is closed, nobody in their entire agency has the knowledge or ability to turn off the computer's automatic collection process. This should work out fantastic.
BillBrasky
#PSF
This is going to be a disaster, but that was the plan all along. In 20 years we'll be begging for a single payer system. Its a great slow con.
seventwofour
Well-known member
What's wrong with a single-payer system now?
EatLeadCommie
Tommy Elrod
Political suicide, which is why it wasn't done. Not only is it absolutely, indisputably government run health-care, but it's also a substantial tax increase. It also would put a lot of private sector insurance employees out of work.