Way to go guys...
Seven million will lose insurance under Obama health law
By Stephen Dinan - The Washington Times
February 5, 2013, 01:00PM
President Obama's health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congressional Budget Office released Tuesday.
CBO said that this year's tax cuts have changed the incentives for businesses and made it less attractive to pay for insurance, meaning fewer will decide to do so. Instead, they'll choose to pay a penalty to the government, totaling $13 billion in higher fees over the next decade.
But the non-partisan agency also expects fewer people to have to pay individual penalties to the IRS than it earlier projects, because of a better method for calculating incomes that found more people will be exempt.
Overall, the new health provisions are expected to cost the government $1.165 trillion over the next decade — the same as last year's projection.
With other spending cuts and tax increases called for in the health law, though, CBO still says Mr. Obama's signature achievement will reduce budget deficits in the short term.
During the health care debate Mr. Obama had said individuals would be able to keep their plans.
Read more: http://www.washingtontimes.com/blog/inside-politics/2013/feb/5/obama-health-law-will-cost-7-million/#ixzz2K4FZkPrs
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Originally posted by sasquatch672Wake up man! with all that penalty money the govt could instigate a National Health Service on a par with the UK.
Way to go guys...
Seven million will lose insurance under Obama health law
By Stephen Dinan - The Washington Times
February 5, 2013, 01:00PM
President Obama's health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congres eb/5/obama-health-law-will-cost-7-million/#ixzz2K4FZkPrs
Follow us: @washtimes on Twitter
Added bonus; a lot of the blood sucking parasitic health insurance cabals would go out of business or be forced to compete in a much more rigorous market, Obama, I love that man.
Private health insurance here in Ireland is expensive and it's a scam.
They change the rules after you join a certain health plan
and without any warning they increase premiums.
Lots of people here now have abandoned private health insurance altogether.
They are all a bunch of blood sucking scammers those insurance people.
Making their living from the impending disasters of others.
Leeches the whole lot of them.
They should be taken out and shot.
Parasites the whole lot of them.
All they have achieved is to overburden the public health system
because of their incompetence and their price increases and
their doublespeak where they tell you you're covered and when
you are lying on a gurney you find out that you're not covered.
That guy that went in to Sandy Hook School should have left those
kids alone and headed for an insurance company HQ
with 2 AR 15's and a whole load of C4.
Originally posted by johnnylongwoodyWouldn't you rather just stick your Salami down their throats ?
Private health insurance here in Ireland is expensive and it's a scam.
They change the rules after you join a certain health plan
and without any warning they increase premiums.
Lots of people here now have abandoned private health insurance altogether.
They are all a bunch of blood sucking scammers those insurance people.
Making their ...[text shortened]... e
kids alone and headed for an insurance company HQ
with 2 AR 15's and a whole load of C4.
GRANNY.
Originally posted by johnnylongwoodyStop sitting on the fence will yer!
Private health insurance here in Ireland is expensive and it's a scam.
They change the rules after you join a certain health plan
and without any warning they increase premiums.
Lots of people here now have abandoned private health insurance altogether.
They are all a bunch of blood sucking scammers those insurance people.
Making their ...[text shortened]... e
kids alone and headed for an insurance company HQ
with 2 AR 15's and a whole load of C4.
Originally posted by johnnylongwoodyI'm no fan of insurance companies myself, and I think some of the changes in the law make sense. Elimination of noncoverage for preexisting conditions and caps on coverage, for instance.
Private health insurance here in Ireland is expensive and it's a scam.
They change the rules after you join a certain health plan
and without any warning they increase premiums.
Lots of people here now have abandoned private health insurance altogether.
They are all a bunch of blood sucking scammers those insurance people.
Making their ...[text shortened]... e
kids alone and headed for an insurance company HQ
with 2 AR 15's and a whole load of C4.
Originally posted by kevcvs57"Wake up man! with all that penalty money the govt could instigate a National Health Service on a par with the UK."
Wake up man! with all that penalty money the govt could instigate a National Health Service on a par with the UK.
Added bonus; a lot of the blood sucking parasitic health insurance cabals would go out of business or be forced to compete in a much more rigorous market, Obama, I love that man.
The United States will be $20T in debt or more by the time Obama leaves office. The penalties don't even make a dent in the deficit.
"a lot of the blood sucking parasitic health insurance cabals would go out of business or be forced to compete in a much more rigorous market, Obama, I love that man."
Just wait. Those blood sucking parasites have had to compete with each other in a pretty brisk and competitive market, but competing now will be in a market designed for their failure. Just look at other entities that are government monopolies, and see the kind of service and competence you get.
Originally posted by sasquatch672Think again. Insurance companies are not the FED. They don't print money, or create it out of thin air. The claims money comes from premiums, and investment of reserves.
I'm no fan of insurance companies myself, and I think some of the changes in the law make sense. Elimination of noncoverage for preexisting conditions and caps on coverage, for instance.
Coverage of pre-existing conditions would run premiums out of sight. In property and casualty terms, it would be the same as issuing homeowner's policies at the scene of a fire or burglary.
Caps on coverage reduce premium costs. Most companies offer umbrella policies to pick up what standard ones with caps don't.
People who advocate unlimited benefits simply don't understand that ultimately it is the consumer who pays for everything in premiums.
Originally posted by normbenignI saw the other side. When my mother was sick with cancer, her insurance company decided they had paid enough for her treatment. They changed their tune when the company president threatened to pull their contract. Later, my grandfather, 72 at the time, was discharged three days after he had open heart surgery. He couldn't even walk. The nurse from the insurance company that signed his discharge papers had her license suspended for a year for that and two other similar incidents.
Think again. Insurance companies are not the FED. They don't print money, or create it out of thin air. The claims money comes from premiums, and investment of reserves.
Coverage of pre-existing conditions would run premiums out of sight. In property and casualty terms, it would be the same as issuing homeowner's policies at the scene of a fire or bur ...[text shortened]... ply don't understand that ultimately it is the consumer who pays for everything in premiums.
Originally posted by sasquatch672I am not saying that insurance companies are angelic, but they can hardly compare with government for being demonic. We can fight decisions of insurance companies in court. Good luck fighting city hall or the Federal government.
I saw the other side. When my mother was sick with cancer, her insurance company decided they had paid enough for her treatment. They changed their tune when the company president threatened to pull their contract. Later, my grandfather, 72 at the time, was discharged three days after he had open heart surgery. He couldn't even walk. The nurse from ...[text shortened]... discharge papers had her license suspended for a year for that and two other similar incidents.
Originally posted by sasquatch672I's very clear your goal here is to paint the affordable healthcare act in it's worst possible shade. You fail to talk about how many people will have access to healthcare that had none before. It's a pity you don't bother to tell the whole story...only the parts of it you want people to read!🙄
Way to go guys...
Seven million will lose insurance under Obama health law
By Stephen Dinan - The Washington Times
February 5, 2013, 01:00PM
President Obama's health care law will push 7 million people out of their job-based insurance coverage — nearly twice the previous estimate, according to the latest estimates from the Congres eb/5/obama-health-law-will-cost-7-million/#ixzz2K4FZkPrs
Follow us: @washtimes on Twitter