[talaniman]

Sounds expensive and just wonder who pays for it and how does it affect costs of services? Appears you may need a cadillac plan to even get in the door.

[Wondergirl]

At the old hospital five years ago, my husband had two stents put into his heart for <$82,000 (doctors and hospital). We wonder what a similar surgery would cost at the new hospital. Patients are choosing to be admitted to other hospitals in the area... Our Medicare Advantage plan has dropped them from its list.

[speechlesstx]

Hmm, welcome to Obamcare...

IRS: Cheapest Obamacare Plan Will Be $20,000 Per Family

CNSNews.com) – In a final regulation issued Wednesday, the Internal Revenue Service (IRS) assumed that under Obamacare the cheapest health insurance plan available in 2016 for a family will cost $20,000 for the year.

Under Obamacare, Americans will be required to buy health insurance or pay a penalty to the IRS.

The IRS's assumption that the cheapest plan for a family will cost $20,000 per year is found in examples the IRS gives to help people understand how to calculate the penalty they will need to pay the government if they do not buy a mandated health plan.

The examples point to families of four and families of five, both of which the IRS expects in its assumptions to pay a minimum of $20,000 per year for a bronze plan.

“The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000,” the regulation says.

Bronze will be the lowest tier health-insurance plan available under Obamacare--after Silver, Gold, and Platinum. Under the law, the penalty for not buying health insurance is supposed to be capped at either the annual average Bronze premium, 2.5 percent of taxable income, or $2,085.00 per family in 2016.

So, fork over the $20 grand or fork over your penalty for living.

[talaniman]

Doesn't apply to most of us.

Using the conditions laid out in the regulations, the IRS calculates that a family earning $120,000 per year that did not buy insurance would need to pay a "penalty" (a word the IRS still uses despite the Supreme Court ruling that it is in fact a "tax") of $2,400 in 2016.

For those wondering how clear the IRS's clarifications of this new "penalty" rule are, here is one of the actual examples the IRS gives:

“Example 3. Family without minimum essential coverage.

"(i) In 2016, Taxpayers H and J are married and file a joint return. H and J have three children: K, age 21, L, age 15, and M, age 10. No member of the family has minimum essential coverage for any month in 2016. H and J's household income is $120,000. H and J's applicable filing threshold is $24,000. The annual national average bronze plan premium for a family of 5 (2 adults, 3 children) is $20,000.

"(ii) For each month in 2016, under paragraphs (b)(2)(ii) and (b)(2)(iii) of this section, the applicable dollar amount is $2,780 (($695 x 3 adults) + (($695/2) x 2 children)). Under paragraph (b)(2)(I) of this section, the flat dollar amount is $2,085 (the lesser of $2,780 and $2,085 ($695 x 3)). Under paragraph (b)(3) of this section, the excess income amount is $2,400 (($120,000 - $24,000) x 0.025). Therefore, under paragraph (b)(1) of this section, the monthly penalty amount is $200 (the greater of $173.75 ($2,085/12) or $200 ($2,400/12)).

"(iii) The sum of the monthly penalty amounts is $2,400 ($200 x 12). The sum of the monthly national average bronze plan premiums is $20,000 ($20,000/12 x 12). Therefore, under paragraph (a) of this section, the shared responsibility payment imposed on H and J for 2016 is $2,400 (the lesser of $2,400 or $20,000).”

Household income in the United States - Wikipedia, the free encyclopedia

National Median $44,389 50.00%

My advice is buy your insurance and get the subsidies and tax write offs.

[speechlesstx]

Doesn't apply to most of us.



Household income in the United States - Wikipedia, the free encyclopedia

National Median $44,389 50.00%

My advice is buy your insurance and get the subsidies and tax write offs.

That it applies to anyone is an outrage.

[talaniman]

So much for preaching personal responsibility.

[smearcase]

NYTimes today:
http://www.nytimes.com/2012/02/15/us...lics.html?_r=0

Insurance companies will cover costs of contraceptives and there really is no added cost for anybody, so says CNN.
Really? Miracles still do happen.

[cdad]

Doesn't apply to most of us.



Household income in the United States - Wikipedia, the free encyclopedia

National Median $44,389 50.00%

My advice is buy your insurance and get the subsidies and tax write offs.

Im sure you might like the coverage that you currently enjoy right? How much do you think it is going to cost you now?


Here is a look. Im sure you can afford it like everyone else.

What do the coverage levels mean?

The difference among these coverage tiers rests with their "actuarial" value -- in other words, how much a plan will cover before the patient must chip in for co-insurance, deductibles and co-payments.

According to the Kaiser Family Foundation, the actuarial values for the four levels of coverage are:
•Bronze: 60 percent.
•Silver: 70 percent.
•Gold: 80 percent.
•Platinum: 90 percent.


Bronze, silver, gold or platinum? Understanding the new coverage levels under health care reform

[speechlesstx]

So much for preaching personal responsibility.

LOL, you take the cake. The government imposing it's will on you for the right to breathe removes personal responsibility from the equation. So much for CHOICE and LIBERTY is more accurate.

[Wondergirl]

If you are already covered, no need to drop it. And those premium costs are not final.

[speechlesstx]

If you are already covered, no need to drop it. And those premium costs are not final.

And by then I'm betting the bronze plan will be even more expensive. A lot of small business owners can't afford coverage but will be forced to buy coverage or be fined to breathe. But no, government isn't threatening our rights or anything...

[tomder55]

Doesn't apply to most of us.



Household income in the United States - Wikipedia, the free encyclopedia

National Median $44,389 50.00%

My advice is buy your insurance and get the subsidies and tax write offs.

Umm maybe in Texas... round here we would not call a 2 income family making $44 as unusual or particularly rich (many of us are putting in the OT for that income level ;so it is resentful that we are considered some kind of elitists ). Now those of us who still have employers who are willing to take on the bulk of the costs are fortunate ;even though I was informed my share of the deal increases this year ( and thanks to Obamacare ,my contribution now gets a line item on my payroll report to the IRS... setting up it being a taxable benefit in the future) . But many employers ,as has been documented here more than once ,are making hard choices regarding staffing based on Obamacare .You can deny it all you want to ;but it is having a major impact on hiring .

[Wondergirl]

A lot of small business owners can't afford coverage but will be forced to buy coverage or be fined to breathe.

No, that isn't what will happen. That's not how it works.

[tomder55]

No, that isn't what what will happen. That's not how it works.

So long as they don't make the business decision to limit the number of employees they hire . Many are on that 50 employee threshold now ,and Obamacare is the determining factor .

[talaniman]

CRY CRY CRY, what's the alternative?

[speechlesstx]

CRY CRY CRY, whats the alternative?

That's all you can say about that business owner, employer, family that's being punished for existing is cry, cry, cry?

[talaniman]

I asked what's the alternative. Obamacare hasn't started and you say it won't work and its wrong. But clearly you ignore the huge, and expensive flaws in the present system. So stop hollering and crying and express solutions like I asked for.

You sound like you love the system as it is while sucking money out of your pocket. Just say so.

[tomder55]

So of course the Dem solution was to put it's ills on steroids and hasten the demise of the US health care system. Unless you think doubling and tripling of household expenses was the right prescription.

[talaniman]

Yeah let the insurance companie quadruple the expenses over a shorter time, and less people. That's a great solution.

[tomder55]

Medical Company Blames 'Obamacare' For Layoffs Of Nearly 100 People « CBS DC

More layoffs due to Obamacare . Yeah I know.. it was the greedy company's fault