What Obamacare has in store for you

[05fronty 5,000+ posts]

I cant see how this is even possible. Please explain?

how, the place i work provides my medical, vision, and dental for about 50 bucks out of pocket a month for my whole family. they would rather pay the penalty, which is cheaper than the cost of benifits. so yeah it will now cost me stupid amount for benifits. so yes a extra tax

 

[Durango03 10+ year member]

how, the place i work provides my medical, vision, and dental for about 50 bucks out of pocket a month for my whole family. they would rather pay the penalty, which is cheaper than the cost of benifits. so yeah it will now cost me stupid amount for benifits. so yes a extra tax

But hey! You are entitled to a 6% payroll increase if this does happen. If you make $1000 then you are entitled to an extra 60$ a week. But it will be taxed. where I live taxes are 21.8% for a total of $46.92 (or $187.68 a month). Thats TOTALLY going to cover myself, wife and kid:crazy://content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif

Also, I was going to make that point about how an employer is more willing to pay each employee 190$ a month ($2280/year.. Guaranteed your insurance policy is costing them more than this) as opposed to holding onto a million dollar insurance policy but I told myself I was done arguing on here lol.

 

[05fronty 5,000+ posts]

But hey! You are entitled to a 6% payroll increase if this does happen. If you make $1000 then you are entitled to an extra 60$ a week. But it will be taxed. where I live taxes are 21.8% for a total of $46.92 (or $187.68 a month). Thats TOTALLY going to cover myself, wife and kid:crazy://content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif
Also, I was going to make that point about how an employer is more willing to pay each employee 190$ a month ($2280/year.. Guaranteed your insurance policy is costing them more than this) as opposed to holding onto a million dollar insurance policy but I told myself I was done arguing on here lol.

dude yes they prob pay 15k or more a year for my family in benifits so why wouldn't they do the penalty.

 

[Under Pressure 10+ year member]

how, the place i work provides my medical, vision, and dental for about 50 bucks out of pocket a month for my whole family. they would rather pay the penalty, which is cheaper than the cost of benifits. so yeah it will now cost me stupid amount for benifits. so yes a extra tax

But hey! You are entitled to a 6% payroll increase if this does happen. If you make $1000 then you are entitled to an extra 60$ a week. But it will be taxed. where I live taxes are 21.8% for a total of $46.92 (or $187.68 a month). Thats TOTALLY going to cover myself, wife and kid:crazy://content.invisioncic.com/y282845/emoticons/rolleyes.gif.c1fef805e9d1464d377451cd5bc18bfb.gif
Also, I was going to make that point about how an employer is more willing to pay each employee 190$ a month ($2280/year.. Guaranteed your insurance policy is costing them more than this) as opposed to holding onto a million dollar insurance policy but I told myself I was done arguing on here lol.

You can find many plans for the 186 a month to suit your needs and you will control what doctors you can see. You wont be judged for preexisting medical conditions. And now your children will cared for longer under the new law. Your right it may cost his company more than that. But under new regulation you will have CHOICES that WILL be affordable to you.

I have a family of 7 and im def not worried about costs because i know it will be better than what im receiving now without so many limitations.

 

[05fronty 5,000+ posts]

You can find many plans for the 186 a month to suit your needs and you will control what doctors you can see. You wont be judged for preexisting medical conditions. And now your children will cared for longer under the new law. Your right it may cost his company more than that. But under new regulation you will have CHOICES that WILL be affordable to you.
I have a family of 7 and im def not worried about costs because i know it will be better than what im receiving now without so many limitations.

we will see. the medicine i'm on would cost over 3k a month out of pocket, but my copay on it is 5 bucks. i doubt it will be the same under obama's plan. if it is then i will eat my words

 

[Under Pressure 10+ year member]

dude yes they prob pay 15k or more a year for my family in benifits so why wouldn't they do the penalty.

I promise if your paying 50 a month for your whole family. The company is not paying 15 k a year for your benefits. Your employer has a hugely discounted medical benefits program your out of pocket cost is usually half. So im gonna go out on a limb and say your employer doesn't give a **** anyways and since they want to drop your benefits at the 1st chance they get, goes to show there value of you as an employee.

Only 6% of Americans will see a tax increase, & even then it will only be 1% of their pay so im trying to still see how the law hurts those who choose not to buy insurance.

 

[Durango03 10+ year member]

I promise if your paying 50 a month for your whole family. The company is not paying 15 k a year for your benefits. Your employer has a hugely discounted medical benefits program your out of pocket cost is usually half. So im gonna go out on a limb and say your employer doesn't give a **** anyways and since they want to drop your benefits at the 1st chance they get, goes to show there value of you as an employee.
Only 6% of Americans will see a tax increase, & even then it will only be 1% of their pay so im trying to still see how the law hurts those who choose not to buy insurance.

Lol!! Id REALLY like to know where your getting your information because it is absolutely wrong. only 6% will see a tax increase?? SERIOUSLY? This bill adds another 800BILLION to the deficit over 10 years and of that 135billion is taxes from the insurance companies. Are you honestly nieve enough to believe you wont be paying extra to the insurance companies to cover their tax losses AS WELL as future tax hikes to cover the other 665billion in federal spending?

Prediction: Weather you decide to buy insurance or simply pay out of pocket for a DECENT privatized healthcare provider (better than you will receive with your "standard" insurance package) and pay the end of the year "federal fee" of 2.5% of your income, everyone will still suffer an increase in federal taxes drawn from every check..

 

[Under Pressure 10+ year member]

Lol!! Id REALLY like to know where your getting your information because it is absolutely wrong. only 6% will see a tax increase?? SERIOUSLY? This bill adds another 800BILLION to the deficit over 10 years and of that 135billion is taxes from the insurance companies. Are you honestly nieve enough to believe you wont be paying extra to the insurance companies to cover their tax losses AS WELL as future tax hikes to cover the other 665billion in federal spending?

I get my info from the bill. I think your referring to the Buffet tax. So yeah please do some more research. Sounds like something off the news.

 

[Durango03 10+ year member]

I get my info from the bill. I think your referring to the Buffet tax. So yeah please do some more research. Sounds like something off the news.

Lol!! You really are getting butthurt are you? Dont critsize me for knowing what Im talking about. Just because you and your amazing Google techniques get OWNED everytime you leave a comment is no reason to get upset. I would like to see in the Bill where it states "Only 6% of Americans will see a tax increase, & even then it will only be 1% of their pay" because from what I have read from the revision is that there will be a 2.5% "fee" (lets call it what it is.. TAX) based on income. AND that is without taking to account that they have already established the 800,000,000,000 price tag over a 10 year span. Keep googling, you may get the correct info one day.

BTW I believe you were making a reference to the BUFFETT (as in Warren Buffett) RULE. not tax. And no, that my friend is a proposed 30% tax on millionaires (which surprisingly was shot down). We are talking about the tax hikes the people like you and I are going to be seeing.

 

[stocker08 10+ year member]

Speculation. I have seen too many posts stating that employers will drop health coverage and opt for the penalty instead. This is in no way, shape, or form, a fact. Many large companies (50 employees or more in this case) deal with a competitive job market in plenty of industries. Cutting benefits, hours, and overall job security is no way to influence long or short term growth, and in this case, would be counter to their main goals. Many large companies are always going to be looking for the most qualified candidates at their position. The companies cutting benefits and full time employee hours would be severely cutting their potential employee pool, leading to decreased quality and output, and eventually leading to an inferior product/service. I think that people are underestimating employee worth in this case and many of these large companies will in fact continue to provide benefits.

As a student (only 22 years old), the obamacare plan greatly benefits me. Considering that I am in fact, a poor college student, I could never afford my own insurance coverage. Thanks to this plan, I am now covered up until the age of 26, when I will hopefully be self sufficient. I find it funny that many of the republican politicians who oppose obamacare have never had the opportunity to understand the struggles of the less fortunate. Never having to worry about whether they will be able to afford health care because they were born into privilege. The majority of the middle class would have to sacrifice their hard work and lifestyle to afford care for an unexpected illness. Main obamacare opponents can simply pay out of pocket so clearly they can care less. It is just amazing how people could be against a healthcare program for all. It just shows how ***-backwards and selfish people have become. It's unfortunate, but most politicians (democrat or republican) don't understand the struggles of most americans. This is why politics continues to be a crapshoot. The people who represent us simply cannot relate.

 

[Durango03 10+ year member]

Speculation. I have seen too many posts stating that employers will drop health coverage and opt for the penalty instead. This is in no way, shape, or form, a fact. Many large companies (50 employees or more in this case) deal with a competitive job market in plenty of industries. Cutting benefits, hours, and overall job security is no way to influence long or short term growth, and in this case, would be counter to their main goals. Many large companies are always going to be looking for the most qualified candidates at their position. The companies cutting benefits and full time employee hours would be severely cutting their potential employee pool, leading to decreased quality and output, and eventually leading to an inferior product/service. I think that people are underestimating employee worth in this case and many of these large companies will in fact continue to provide benefits.
As a student (only 22 years old), the obamacare plan greatly benefits me. Considering that I am in fact, a poor college student, I could never afford my own insurance coverage. Thanks to this plan, I am now covered up until the age of 26, when I will hopefully be self sufficient. I find it funny that many of the republican politicians who oppose obamacare have never had the opportunity to understand the struggles of the less fortunate. Never having to worry about whether they will be able to afford health care because they were born into privilege. The majority of the middle class would have to sacrifice their hard work and lifestyle to afford care for an unexpected illness. Main obamacare opponents can simply pay out of pocket so clearly they can care less. It is just amazing how people could be against a healthcare program for all. It just shows how ***-backwards and selfish people have become. It's unfortunate, but most politicians (democrat or republican) don't understand the struggles of most americans. This is why politics continues to be a crapshoot. The people who represent us simply cannot relate.

I am assuming you have yet to venture out into the real work force. I am not going to say you probably have never held a job as most people these days are working by 16, but if you ever put in a full 40 hours at a factory you could see the "employee's worth" is meaningless. These are the jobs of your everyday citizen. Not everyone can work for Ford, or some World re-noun corporation that has a constant eye on their treatment of employees. Im speaking of your grunt making rubber gaskets for your car in small town america getting by on a $700/week paycheck at 50 hours is going to getting Fvcked. Cant make the bills on welfare, cant cover the familys insurance working... Rock and hard place

 

[stocker08 10+ year member]

I am assuming you have yet to venture out into the real work force. I am not going to say you probably have never held a job as most people these days are working by 16, but if you ever put in a full 40 hours at a factory you could see the "employee's worth" is meaningless. These are the jobs of your everyday citizen. Not everyone can work for Ford, or some World re-noun corporation that has a constant eye on their treatment of employees. Im speaking of your grunt making rubber gaskets for your car in small town america getting by on a $700/week paycheck at 50 hours is going to getting Fvcked. Cant make the bills on welfare, cant cover the familys insurance working... Rock and hard place

Again, this is something that will differ from company to company and industry to industry. This plan will not benefit 100% of the american population....that would be **** near impossible to provide. And yes, I am currently working a 40 hour work week for a local school district on a carpet crew. Without AC on in 95 degree weather with a heat index over 100, I pulled carpet from a tacky glue ground all day. Tomorrow I get to grind glue off of the said floor in similar conditions. Hopefully this doesn't sound like a complaint, as I appreciate the summer work when I am not in school, but I believe that my employer appreciates the work we do. The amount of money that the school district saves by having us do this work instead of contracting the work to an outside company is pretty impressive.

My point is that, there is only so much a company can take away from a grunt worker, before they realize that their time and effort is best served elsewhere. How much can one of these places cut before they begin to lose employees and their business begins to struggle. I cannot answer this question. It's just my belief that a company would be willing to provide these benefits to maintain employee continuity, a reasonable potential employee pool, and an unchanged, ongoing daily operation.

 

[Durango03 10+ year member]

Agreed that this will not effect 100% of Employee/Employer relationships. Law firms will probably still offer their paralegals competitive wages and benefits and similar career fields. But the heart of america that is/will be most effect is the ones holding jobs that entitle little to no educations.

Your job on the carpet crew I will guess does not offer any benefits? There is a similar compnay in my hometown called "Servicemaster" that does industrial cleaning for schools and businesses locally. My point is if they decided to remove all the benefits from their employee's they would be pissed and complain about it, but at the end of the day the job is needed. Have you noticed unemployment rates? These jobs that the everyday citizen works that require not formal education beyond a HS diploma or GED are the ones that unemployed citizens are trying to get into. Its a revolving door and the Employer knows this. "oh well if jim bob is pissed. Mary lue wants a job anyways"

 

[Under Pressure 10+ year member]

Lol!! You really are getting butthurt are you? Dont critsize me for knowing what Im talking about. Just because you and your amazing Google techniques get OWNED everytime you leave a comment is no reason to get upset. I would like to see in the Bill where it states "Only 6% of Americans will see a tax increase, & even then it will only be 1% of their pay" because from what I have read from the revision is that there will be a 2.5% "fee" (lets call it what it is.. TAX) based on income. AND that is without taking to account that they have already established the 800,000,000,000 price tag over a 10 year span. Keep googling, you may get the correct info one day.
BTW I believe you were making a reference to the BUFFETT (as in Warren Buffett) RULE. not tax. And no, that my friend is a proposed 30% tax on millionaires (which surprisingly was shot down). We are talking about the tax hikes the people like you and I are going to be seeing.

Lol at Google skills i dont have to Google anything you seem to think this is a competition and not a discussion, your the only one that seems to be the one butt hurt. I questioned your figures because thats a familiar figure used in the buffet rule argument. everything i have read indicates a POSSIBLE increase in deficit over 10 years of 400 billion. Its all speculation. But what you didn't mention was how much a year does the federal government put out to hospitals and doctors for the hundreds of thousands of people that come to the ER's for medical care or private insurances raising rates because of unpaid medical bills?

Again you must have mandated auto insurance to keep down costs why not medical coverage? It will be competitive and reasonably priced, or they will fail to what the government can offer.

 

[stocker08 10+ year member]

No, I personally do not receive any benefits, as I am only a seasonal employee, not represented by the union. The main point I am trying to make, is that companies operating in similar industries largely rely on employee production as a benchmark for company production. The companies with employee matters in mind will be able to attract and maintain a higher quality employee. Again, this is also speculation, but even in the case of unskilled labor, there are candidates who are more physically capable than others. I think that in almost any similar industry, the company which chooses to provide these "optional" benefits will thrive in comparison to another similar company providing no benefits, due to more qualified employees providing higher output. Not every unskilled labor company will cut all benefits. If anyone can technically perform these tasks, the more physically capable laborers will earn the better positions while the less physically/mentally capable laborers will settle for the positions offering little to no benefits, which will undoubtedly lead to a lower level of efficiency. It's a trade off that many of these companies will heavily consider before making a hasty decision, such as cutting employee benefits.

 

[Durango03 10+ year member]

I get my info from the bill. I think your referring to the Buffet tax. So yeah please do some more research. Sounds like something off the news.

A discussion and decent debate is what I was after. However this^^ Seems to be a serious case of butthurtitis. Furthermore, if you can show me where these numbers are indicated to be correct within the bill I will bow away admitting defeat and declare you the greater debater. But I do believe they were fabricated being as this is the first I have seen of them.

Lol at Google skills i dont have to Google anything you seem to think this is a competition and not a discussion, your the only one that seems to be the one butt hurt. I questioned your figures because thats a familiar figure used in the buffet rule argument. everything i have read indicates a POSSIBLE increase in deficit over 10 years of 400 billion. Its all speculation. But what you didn't mention was how much a year does the federal government put out to hospitals and doctors for the hundreds of thousands of people that come to the ER's for medical care or private insurances raising rates because of unpaid medical bills?
Again you must have mandated auto insurance to keep down costs why not medical coverage? It will be competitive and reasonably priced, or they will fail to what the government can offer.

I will post my source for the $800billion deficit increase in a few hours. Leaving for PT.

As far as competitive pricing with the government you are wrong. Idk how many times this have been hit in the last 100 comments but doctors will become privatized. Doctors now refuse to take medicare/medicaid, you think just because they change the name and charge working citizens money for it that doctors are going to want to deal with it? No. You will have a "Choice" of doctors.. but that will be a pool of their own choosing. They arent required to take government aid (and as it is now, most wont). Higher levels of coverage (Higher prices) are what privatized doctors are going to be looking for in patients. This is simple economics. Not socialism like most want to scream (tho the idea of socialism is indeed in there) its Capitalism at its greatest for Insurance companies who will be allowed to charge more due to higher levels of treatment, expedited wait times, etc. etc.. Saying they will compete with Government insurance is like saying Jacob will drop sundown prices to compete with Boss.. Two different levels.

 

[madcad95 10+ year member]

I am assuming you have yet to venture out into the real work force. I am not going to say you probably have never held a job as most people these days are working by 16, but if you ever put in a full 40 hours at a factory you could see the "employee's worth" is meaningless. These are the jobs of your everyday citizen. Not everyone can work for Ford, or some World re-noun corporation that has a constant eye on their treatment of employees. Im speaking of your grunt making rubber gaskets for your car in small town america getting by on a $700/week paycheck at 50 hours is going to getting Fvcked. Cant make the bills on welfare, cant cover the familys insurance working... Rock and hard place

This describes me to a t lol except I am a manager and get to work even more hours then that for about that same pay but it is a lil different in a right to work state :-/

 

[Under Pressure 10+ year member]

A discussion and decent debate is what I was after. However this^^ Seems to be a serious case of butthurtitis. Furthermore, if you can show me where these numbers are indicated to be correct within the bill I will bow away admitting defeat and declare you the greater debater. But I do believe they were fabricated being as this is the first I have seen of them.


I will post my source for the $800billion deficit increase in a few hours. Leaving for PT.

As far as competitive pricing with the government you are wrong. Idk how many times this have been hit in the last 100 comments but doctors will become privatized. Doctors now refuse to take medicare/medicaid, you think just because they change the name and charge working citizens money for it that doctors are going to want to deal with it? No. You will have a "Choice" of doctors.. but that will be a pool of their own choosing. They arent required to take government aid (and as it is now, most wont). Higher levels of coverage (Higher prices) are what privatized doctors are going to be looking for in patients. This is simple economics. Not socialism like most want to scream (tho the idea of socialism is indeed in there) its Capitalism at its greatest for Insurance companies who will be allowed to charge more due to higher levels of treatment, expedited wait times, etc. etc.. Saying they will compete with Government insurance is like saying Jacob will drop sundown prices to compete with Boss.. Two different levels.

Doctors dont accept medicaid or medicare? Im reeling behind this. My wife works as a billing specialist for Tampa general hospital in Florida. On the side she does coding and billing for a few private clinics in the area. There are 9 types of "medicaid and medicare" coverage groups. These are just the ones that are local to hillsborough and surrounding areas.

Doctors gladly accept medicaid/care now a days seeing that so many people are out of work or cant pay there bills that the number of new doctors joining the network is staggering. My wife gets updated doctors lists every week of at least 100+ new doctors added to the local networks. Compared to the 2-5 that may drop per week.

So if i can get comparable insurance from the government at a competitive cost than that of a private insurance company. You don't think after the initial start-up period privatized insurance is gonna sky rocket? No it will have to decrease to stay competitive?? That is a death sentence for the industry. They WILL have to compete to stay in business, which means they will have to lower their prices and end the cycle of "charge what we want" because now people will have "options". Not only will the prices have to be comparable but so will the services. Ever shop for car insurance? Don't you get quotes from several companies before you decide? You look at the coverage and options you get and you decide based off that.

One of the many reasons behind this bill is to make the insurance companies get off there asses stop charging an arm and a leg for medial services, stop limiting the amount of care they offer and make them competitive. It will happen, or insurance companies can consolidate and fail.

Its like boss going to sundowns build house and one upping them offering the same product with better/more features for less than Sundown. Sundown is either gonna compete price wise or sink because now there's a cheaper just as well built choice with more options and better pricing. Its just good business.