Now that this huge "entitlement" health care bill is passed. I have a question or two and an observation. How is this bill now that it is passed going to immediately help me to pay my health insurance premiums that I pay every month? And how is this bill going to keep my health insurance premiums from going up another 35% next year and the year after like they did last year?
The answer that I have come up with after all my reading is this........ It won't help me pay my insurance premiums. because here is a news flash for allot people if you work for a company that employees fewer then 50 people THEY STILL DON'T HAVE TO PROVIDE HEALTH INSURANCE!
Second there is nothing in the bill to limit cost!
So once again thanks for nothing! I hope I am wrong but only time will tell!
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Full Circle Magazine #188
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This month: * Command & Conquer * How-To : Python, Blender and Latex
* Graphics : Inkscape * Everyday Ubuntu * Micro This Micro That * Review :
Kubuntu 22....
2 years ago
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THE FACTS ABOUT HEALTHCARE REFORM
It is amazing how many of the people who are opposed to the new health care reform law have no idea what is in it.
THESE ARE THE FACTS:
The new law, being national in scope, mainly provides for reform in the individual insurance marketplace. If you are covered under an employer sponsored group plan in NY State you already have most of the protections provided under the new law such as no pre existing conditions etc. The law extends those protections to all American's be they covered under an individual policy or an employer based group policy.
SPECIFICALLY THOSE PROTECTIONS ARE:
An End To The Exclusion Of Pre-Existing Conditions From Coverage
Small Business Tax Credits - businesses with fewer than 50 employees will get tax credits covering up to 50% of employee premiums.
Seniors Will Get A Phased In 'Donut Hole' Rebate
More Young Adults Covered On Parents' Plans
No Lifetime Caps
New Insurance Plans Must Include Preventative Care
The End Of 'Recissions'
THERE IS NO GOVERNMENT RUN HEALTH CARE
All coverage will be provided by private insurance companies. Round up the ususal suspects. To be clear, nothing about this plan is government run health care.
HOW IT IS PAID FOR
The current Medicare payroll tax would be applied to investment income, beginning in 2013. A new 3.8 percent tax would be imposed on interest, dividends, capital gains and other investment income for individuals making more than $200,000 a year and couples making more than $250,000.
The new law increases the Medicare payroll tax by 0.9 percentage point to 2.35 percent on wages above $200,000 for individuals and $250,000 for married couples filing jointly.
In 2018 a tax would apply to those plans whose annual premiums exceed $10,200 a year for individuals and $27,500 for families.
To sum it up, if you make under $200,000., as an individual or under $250,000. as a family you will not pay one dime extra in taxes for this plan.
The fact that 32 million more people, many of whom are young and healthy, will be required to purchase health insurance thereby greatly spreading the risk, means that over time this plan should slow, not stop, but slow the rate of increase to health insurance premiums. A single payor plan is the only way to really control costs as it would be ther first true competition for the private carriers who today control the market and thus the pricing.
Furthermore, the independent, non partisan, Congressional Budget Office says that this plan will lower our deficit Click here: http://voices.washingtonpost.com/ezra-klein/2010/03/cbo_health-care_reform_bill_cu.html Ezra Klein - CBO: Health-care reform bill cuts deficit by $1.3 trillion over 20 years, covers 95% of Americans.
Click here: If I Ruled The World
http://ifiruledtheeworld.blogspot.com/
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