Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts

Monday, February 22, 2010

OBAMACARE 3.0 Updated

Our illustrious President has come out with his version of a health care compromise bill.  I'm not really sure where the compromises are, since the republicans weren't involved in it's creation, but whatever.  I guess the compromise will come on Thursday, when the republicans are expected to accept his offering without question.

Someone needs to get the democrats a dictionary, because they just don't understand what 'compromise' means (Among other things, like 'consensus', 'transparency', and 'fiscal restraint').

The President assures us that this new behemoth, which includes all of the unsavory little tidbits of the Senate bill - including abortion funding, plus a few from the House version - including a public option, will come in under $1 trillion.  Better yet, it will 'save' $100 billion over 10 years. 

The word 'tax' is used 35 times.  I'm sure in a good way, though.

 And what does the Congressional Budget Office say?

Nothing.  They can't score this mess because, as usual, it is light on facts and concrete numbers.  So where did the numbers the White House is touting come from?  My guess would be where all the other fuzzy numbers this administration has attempted to foist on us came from  - Obama's nether regions.

Yet again the Chicago Mafia are threatening reconciliation.  I have to say that this is really getting boring.  If you're going to do it, just do it already.  Otherwise, shut up about that silly, empty, career-ending threat.

BTW - What ever happened to the 'hard pivot' to jobs and the economy?  Did I miss it?  Or are they sticking to that lame meme that fixing the health care system will fix the economy?  If so, um, how, exactly?  Just wondering....

Now they are floating the possibility that the Meddler-in-Chief will use an Executive Order to regulate and control insurance rates.  Goody.  Nothing like a bunch of career politicians deciding fair market prices for an entire industry - that always works out great, right?

This new ObamaCare proposal is a joke, but at least it is a joke that we can finally pin directly on Obama.  Thursday's summit is a joke, too, and an exercise in futility to boot.  Reconciliation is a joke - if they could have done it, believe you me, they would have by now.   And Obama attempting to regulate the insurance industry through executive order is a joke.

Hmmm.  That's an awful lot of jokes - so why am I not laughing?  Are you?


UPDATE:  So, once Obama turns our health care system into Canada's, where will the Canadians go?

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Wednesday, December 16, 2009

SO MUCH FOR AFFORDABLE

CNSNews has a report out on another little selling point for the senate version of ObamaCare. 

According to the article, families making more than $88,000 per year may be subject to a federally mandated insurance 'fee' of $15,200.

A family of four—two parents and two children—earning $88,200 would be at 400 percent of the poverty level this year, according to the U.S. Department of Health and Human Services. A family of four earning $88,201, therefore, would not be eligible for a federal subsidy to buy insurance under the Senate health-care bill. If the mother and father in such a family could not get employer-based health insurance—because their employers decided not to buy their workers insurance—the family would be required by law to purchase a policy with its own money that would cost an estimated $15,200 per year, according to the CBO.

In case you were wondering, a $15,200 'fee' on a family of four making $88,201  is roughly 1/6th of their income. 

What are the odds these workers will have to pay this premium?

The bill imposes a maximum fine of only $750 per worker on employers with more than 50 workers who do not buy insurance for their workers. Thus employers will face a choice: Pay the employer’s share of the insurance plans for their workers--including the employer's share for the typical $15,200 family insurance plan--or drop insurance for all their employees and pay a maximum fee of only a $750 per employee.

Hmmmm.  I really don't see a tough choice for employers, do you?

That little loophole was put in to guarantee that as many people as possible are put on the government plan, of course.  Single Payer or Bust, eh, Harry?

Combine this with Nancy Pelosi's version of health care, and not only will the cost of your insurance be steep, but so will the penalties for not getting it.  (via The Hill)

The nonpartisan Joint Committee on Taxation reported that the House version of the healthcare bill specifies that those who don’t buy health insurance and do not pay the fine of about 2.5 percent of their income for failing to do so can face a penalty of up to five years in prison!


The bill describes the penalties as follows:

• Section 7203 — misdemeanor willful failure to pay is punishable by a fine of up to $25,000 and/or imprisonment of up to one year.

• Section 7201 — felony willful evasion is punishable by a fine of up to $250,000 and/or imprisonment of up to five years.” [page 3] 

So, would that be the whole family in jail, or just the breadwinner?  May as well put the whole family in - at least that way they will be guaranteed three squares, cable tv and a roof over their heads.

The Progressive Agenda - destroying America one family at a time.

BTW - don't forget that on top of the new premiums, these families are also going to be taxed to within an inch of their lives to pay for the 18 million who are getting the subsidies that they can't....

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