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Health Insurance Screwed with Preexisting Conditions Ban
Vanity | 3/272017 | Self

Posted on 03/27/2017 10:28:48 AM PDT by CptnObvious

Ever wonder why the Obamacare Exchanges are failing so badly? It is because the Exchanges have too many people with chronic preexisting conditions and not enough healthy people to pay for it. Obamacare was doomed to fail because of its preexisting conditions ban.

Now the Republicans are hell bent on a preexisting conditions ban.

It looks like health insurance in American will Continue to have skyrocketing premuims every year as oour insurance is not only SCREWED, But ALSO UNSUSTAINABLE.


TOPICS: News/Current Events
KEYWORDS: ahca
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1 posted on 03/27/2017 10:28:48 AM PDT by CptnObvious
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To: CptnObvious
Let's be real....These are Medicaid patients...who have now been put on insurance rolls.

The government is double dipping....taking from Medicaid which workers pay AND scamming the pockets of the working via mandatory sign up.

2 posted on 03/27/2017 10:33:21 AM PDT by Sacajaweau
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To: CptnObvious

People get sick.
People die.
Nothing in this world is going to change that.

Rich people live in nicer houses than I do.
Rich people have better vacations than I do.
I don’t have a problem with that, because I am not a communist and I oppose the redistribution of wealth.

You know what?
Rich people are going to get better health care than I do.
That’s just the way it goes.

The government has no role in this and the government screws this stuff up. The government is just a bunch of communists who only care about the redistribution of wealth.

Just repeal this thing and let the marketplace deliver product to people. The rich will get the best stuff, the poor will have fewer options. That’s just the way it goes.

In the end, everyone will get sick and die. Nothing in this world is going to change that.


3 posted on 03/27/2017 10:33:59 AM PDT by ClearCase_guy (Abortion is what slavery was: immoral but not illegal. Not yet.)
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To: CptnObvious

It ceases being INSURANCE when there is a preexisting ban!


4 posted on 03/27/2017 10:34:44 AM PDT by CanadianYankee (VERY fake news)
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To: CptnObvious

The root of this “complaint” about pre-existing conditions etc....is to use this as a reason to ultimately push ‘Single Payer”.


5 posted on 03/27/2017 10:36:01 AM PDT by caww
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To: CptnObvious

Until people realize that the ObamaCare bill is a TAX BILL and not a Health bill, they will be chasing their tails:

Taxpayers are reminded that the President’s healthcare law is one of the largest tax increases in American history.

Obamacare contains 20 new or higher taxes on American families and small businesses.

Arranged by their respective effective dates, below is the total list of all $500 billion-plus in tax hikes (over the next ten years) in Obamacare, where to find them in the bill, and how much your taxes are scheduled to go up as of today:

Taxes that took effect in 2010:

1. Excise Tax on Charitable Hospitals (Min$/immediate): $50,000 per hospital if they fail to meet new “community health assessment needs,” “financial assistance,” and “billing and collection” rules set by HHS. Bill: PPACA; Page: 1,961-1,971

2. Codification of the “economic substance doctrine” (Tax hike of $4.5 billion). This provision allows the IRS to disallow completely-legal tax deductions and other legal tax-minimizing plans just because the IRS deems that the action lacks “substance” and is merely intended to reduce taxes owed. Bill: Reconciliation Act; Page: 108-113

3. “Black liquor” tax hike (Tax hike of $23.6 billion). This is a tax increase on a type of bio-fuel. Bill: Reconciliation Act; Page: 105

4. Tax on Innovator Drug Companies ($22.2 bil/Jan 2010): $2.3 billion annual tax on the industry imposed relative to share of sales made that year. Bill: PPACA; Page: 1,971-1,980

5. Blue Cross/Blue Shield Tax Hike ($0.4 bil/Jan 2010): The special tax deduction in current law for Blue Cross/Blue Shield companies would only be allowed if 85 percent or more of premium revenues are spent on clinical services. Bill: PPACA; Page: 2,004

6. Tax on Indoor Tanning Services ($2.7 billion/July 1, 2010): New 10 percent excise tax on Americans using indoor tanning salons. Bill: PPACA; Page: 2,397-2,399

Taxes that took effect in 2011:

7. Medicine Cabinet Tax ($5 bil/Jan 2011): Americans no longer able to use health savings account (HSA), flexible spending account (FSA), or health reimbursement (HRA) pre-tax dollars to purchase non-prescription, over-the-counter medicines (except insulin). Bill: PPACA; Page: 1,957-1,959

8. HSA Withdrawal Tax Hike ($1.4 bil/Jan 2011): Increases additional tax on non-medical early withdrawals from an HSA from 10 to 20 percent, disadvantaging them relative to IRAs and other tax-advantaged accounts, which remain at 10 percent. Bill: PPACA; Page: 1,959

Tax that took effect in 2012:

9. Employer Reporting of Insurance on W-2 (Min$/Jan 2012): Preamble to taxing health benefits on individual tax returns. Bill: PPACA; Page: 1,957

Taxes that take effect in 2013:

10. Surtax on Investment Income ($123 billion/Jan. 2013): Creation of a new, 3.8 percent surtax on investment income earned in households making at least $250,000 ($200,000 single). This would result in the following top tax rates on investment income: Bill: Reconciliation Act; Page: 87-93

Capital Gains

Dividends

Other*

2012

15%

15%

35%

2013+

23.8%

43.4%

43.4%

*Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income in partnerships and Subchapter-S corporations. It does not include municipal bond interest or life insurance proceeds, since those do not add to gross income. It does not include active trade or business income, fair market value sales of ownership in pass-through entities, or distributions from retirement plans. The 3.8% surtax does not apply to non-resident aliens.

11. Hike in Medicare Payroll Tax ($86.8 bil/Jan 2013): Current law and changes:

First $200,000
($250,000 Married)
Employer/Employee

All Remaining Wages
Employer/Employee

Current Law

1.45%/1.45%
2.9% self-employed

1.45%/1.45%
2.9% self-employed

Obamacare Tax Hike

1.45%/1.45%
2.9% self-employed

1.45%/2.35%
3.8% self-employed

Bill: PPACA, Reconciliation Act; Page: 2000-2003; 87-93

12. Tax on Medical Device Manufacturers ($20 bil/Jan 2013): Medical device manufacturers employ 360,000 people in 6000 plants across the country. This law imposes a new 2.3% excise tax. Exempts items retailing for <$100. Bill: PPACA; Page: 1,980-1,986

13. High Medical Bills Tax ($15.2 bil/Jan 2013): Currently, those facing high medical expenses are allowed a deduction for medical expenses to the extent that those expenses exceed 7.5 percent of adjusted gross income (AGI). The new provision imposes a threshold of 10 percent of AGI. Waived for 65+ taxpayers in 2013-2016 only. Bill: PPACA; Page: 1,994-1,995

14. Flexible Spending Account Cap – aka “Special Needs Kids Tax” ($13 bil/Jan 2013): Imposes cap on FSAs of $2500 (now unlimited). Indexed to inflation after 2013. There is one group of FSA owners for whom this new cap will be particularly cruel and onerous: parents of special needs children. There are thousands of families with special needs children in the United States, and many of them use FSAs to pay for special needs education. Tuition rates at one leading school that teaches special needs children in Washington, D.C. (National Child Research Center) can easily exceed $14,000 per year. Under tax rules, FSA dollars can be used to pay for this type of special needs education. Bill: PPACA; Page: 2,388-2,389

15. Elimination of tax deduction for employer-provided retirement Rx drug coverage in coordination with Medicare Part D ($4.5 bil/Jan 2013) Bill: PPACA; Page: 1,994

16. $500,000 Annual Executive Compensation Limit for Health Insurance Executives ($0.6 bil/Jan 2013). Bill: PPACA; Page: 1,995-2,000

Taxes that take effect in 2014:

17. Individual Mandate Excise Tax (Jan 2014): Starting in 2014, anyone not buying “qualifying” health insurance must pay an income surtax according to the higher of the following

1 Adult

2 Adults

3+ Adults

2014

1% AGI/$95

1% AGI/$190

1% AGI/$285

2015

2% AGI/$325

2% AGI/$650

2% AGI/$975

2016 +

2.5% AGI/$695

2.5% AGI/$1390

2.5% AGI/$2085

Exemptions for religious objectors, undocumented immigrants, prisoners, those earning less than the poverty line, members of Indian tribes, and hardship cases (determined by HHS). Bill: PPACA; Page: 317-337

18. Employer Mandate Tax (Jan 2014): If an employer does not offer health coverage, and at least one employee qualifies for a health tax credit, the employer must pay an additional non-deductible tax of $2000 for all full-time employees. Applies to all employers with 50 or more employees. If any employee actually receives coverage through the exchange, the penalty on the employer for that employee rises to $3000. If the employer requires a waiting period to enroll in coverage of 30-60 days, there is a $400 tax per employee ($600 if the period is 60 days or longer). Bill: PPACA; Page: 345-346

Combined score of individual and employer mandate tax penalty: $65 billion/10 years

19. Tax on Health Insurers ($60.1 bil/Jan 2014): Annual tax on the industry imposed relative to health insurance premiums collected that year. Phases in gradually until 2018. Fully-imposed on firms with $50 million in profits. Bill: PPACA; Page: 1,986-1,993

Taxes that take effect in 2018:

20. Excise Tax on Comprehensive Health Insurance Plans ($32 bil/Jan 2018): Starting in 2018, new 40 percent excise tax on “Cadillac” health insurance plans ($10,200 single/$27,500 family). Higher threshold ($11,500 single/$29,450 family) for early retirees and high-risk professions. CPI +1 percentage point indexed. Bill: PPACA; Page: 1,941-1,956

Read more: http://www.atr.org/full-list-obamacare-tax-hikes-a6996#ixzz4cU2wHrgx
Follow us: @taxreformer on Twitter


6 posted on 03/27/2017 10:38:04 AM PDT by HarleyLady27 ('THE FORCE AWAKENS!!!' Trump/Pence: MAKE AMERICA GREAT AGAIN!!!)
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To: CptnObvious

At most, allowing people with pre-existing conditions to buy insurance going forward should be a one-time only opportunity as part of health insurance reform. A healthy person, under the new plan, should be allowed to opt out and not buy insurance and then later, if they get sick, sorry, it’s too late to buy insurance, because at that point it is no longer insurance.


7 posted on 03/27/2017 10:38:15 AM PDT by rigelkentaurus
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To: CptnObvious

Insurance is not Health Care.

Insurance would cover you when that chronic disease may strike.

Socialist health care must cover everything. This nation is on track for everything. There is no way this goes away now.

You see what is going on. The allowance of offerings across state lines creates a new nightmare for the commerce clause.

The Free Nation of the USA has been chased down and tackled long before many got to enjoy the real meaning of our Foundation.


8 posted on 03/27/2017 10:39:09 AM PDT by eyedigress ((Old storm chaser from the west))
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To: CptnObvious

The pre-existing provisions are one of the most popular.


9 posted on 03/27/2017 10:39:18 AM PDT by DugwayDuke ("A man hears what he wants to hear and disregards the rest")
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To: CanadianYankee

....”It ceases being INSURANCE when there is a preexisting ban!”....

Insurance companies have ‘always’ had this clause since I began Insurance. The idea is to obtain Insurance BEFORE you’re ill.....too many set it aside and then don’t have it when the need comes. Thus an overload of pre-existing patients as we see now.

This is why they put in kids can be on Insurance until 26 yrs. old...by then they should be ‘adult enough’ to obtain their own Insurance....it’s called “responsibility’ for ones own affairs.


10 posted on 03/27/2017 10:41:00 AM PDT by caww
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To: CptnObvious
Can you imagine the cost of car insurance if no one paid into it until the moment after they crash their car into a tree?

Hello, Geico, I just crashed my car into a tree. By law you now have to issue me a policy and pay for the damage.

11 posted on 03/27/2017 10:41:28 AM PDT by Cementjungle
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To: HarleyLady27

And this is why the R side of the #uniparty does not want to repeal obamacare. It’s about money.

I’m shocked!


12 posted on 03/27/2017 10:42:20 AM PDT by Mr. Douglas (Best. Election. EVER!)
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To: CptnObvious

But something was wrong when people who contributed to healthcare were dropped from insurance when they got sick.

It happened to my brother.

My husband got cancer and then his company laid him off. We had to be on the exchange for a year after cobra ran out.

We have always had insurance. It is scary to think what would have happened without the pre-existing conditions clause.

I think that people with pre-existing conditions should have to pay a higher rate, but they can’t be dropped.

Not quite sure what the solution is. I’m a small govt. Type, but canicer is scary.


13 posted on 03/27/2017 10:44:31 AM PDT by luckystarmom
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To: CptnObvious

Until they can reign in the ever increasing costs of medical equipment, pharmaceuticals, unnecessary and inflated expenses, fraud, etc...any healthcare plan will be unsustainable.


14 posted on 03/27/2017 10:45:33 AM PDT by jsanders2001
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To: Mr. Douglas
Of course, and all of Congress is getting their pockets padded...

You think any of them want to take ObamaCare Tax bill out and let the American People worry about their own health bill...never...they have tasted once again the glorious aroma of money, greed and power and they don't care about you, me, our kids or our grandkids or America...

They are ONLY worried about themselves...

15 posted on 03/27/2017 10:45:57 AM PDT by HarleyLady27 ('THE FORCE AWAKENS!!!' Trump/Pence: MAKE AMERICA GREAT AGAIN!!!)
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To: Sacajaweau

Opposite.

They are lots of people who were on insurance who moved to Medicaid during Medicaid Expansion.

The main problem with the whole thing is that many of the people added didn’t want to pay anything for health care. A $25 co-pay is too much. People like my sister who have no health insurance just avoid the doctor and pay the penalty. But she has a $525 a month truck payment. She had to change her withholding so she would get that BIG refund because that is free money from the government.


16 posted on 03/27/2017 10:46:14 AM PDT by AppyPappy (Don't mistake your dorm political discussions with the desires of the nation)
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To: jsanders2001

Try Tort Reform. You are paying for all those class action lawsuits that you hear on TV


17 posted on 03/27/2017 10:47:51 AM PDT by AppyPappy (Don't mistake your dorm political discussions with the desires of the nation)
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To: luckystarmom

Problem isn’t Insurance...it’s healthcare costs which hospitals and Insurance companies work together on....this in order for gov. to eventually take over as a huge slush fund they can play with as they do everything they try and manage....thus few politicans who care to tackle the costs....wouldn’t want to disturb their take of that pie.


18 posted on 03/27/2017 10:48:16 AM PDT by caww
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To: HarleyLady27

Well, to be fair, they are only demonstrating the human nature we all have - and would probably exhibit if we were in their shoes.

This is really just exposing a flaw in our system of government ever since we gave women the right to vote. Women tend to vote for security and men tend to vote for freedom, liberty and autonomy.

It’s why I love my place in KY. I can build a building, redirect one of my streams, Cut down trees, build roades or burn some garbage, all without any government involvement. The freedom and joy one gets from that is almost tangible.


19 posted on 03/27/2017 10:49:41 AM PDT by Mr. Douglas (Best. Election. EVER!)
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To: luckystarmom

I know a guy who needed cancer treatment (pre-ZeroCare) but his insurer dropped him when the policy came up for renewal. He asked why. They said they weren’t writing health insurance in his home state anymore. He asked them where they would write and then moved there so he could continue his insurance coverage.

Something is drastically wrong with that picture.


20 posted on 03/27/2017 10:49:50 AM PDT by BlueYonder
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