We are all required to have healthcare insurance starting Jan 1 2014. If you don't have healthcare insurance you will be taxed based on your income level so you might as well have healthcare insurance & pay for it monthly or however you can. How is everyone progressing with the new government insurance websites? Anybody find any good healthcare insurance deals out there?
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Affordable Healthcare Starts Jan 1 2014
- Thread starter whitedust
- Start date
hemi_newman
Active member
Im paying the fine(for the wife,she stays at home and i cant afford to pick her up on my insurance through work).
Im paying the fine(for the wife,she stays at home and i cant afford to pick her up on my insurance through work).
What happens if you need healthcare? You pay your healthcare bill plus the end of the year no healthcare fine? Or do you get fined & start healthcare insurance payments if you have healthcare problems say mid year? If people can beat the system cost wise they will. Just thinking don't really know?
Just a reminder to all of us stay within the the JD site rules. I'm looking for factual information no political statements. Affordable Healthcare affects all of us Jan 1 2014 so everyone has a need to know & I don't want this thread to be deleted so hopefully we can avoid the deletion button.
I think first 8 yrs MI family of 4 will be $730 a mo in the exchanges .
after 8 who knows no more fed subsidy's to the states,
not sure if this pile of dung or the patriot act will be shown historical as the turning point.
Progressive Ideas are so good they need to be mandated
after 8 who knows no more fed subsidy's to the states,
not sure if this pile of dung or the patriot act will be shown historical as the turning point.
Progressive Ideas are so good they need to be mandated
not necessarily a supporter of it but insurance rates have been going up every year for as long as I can remember. I have several friends who have to get obamacare and their premium isn't too bad. A guy who used to live down the road didn't have insurance before, got sick, and he is screwed. Extreme bill, he will never be able to pay off. Its a big gamble to get it or not, he lost some win. My insurance won't change and my employer offer very good insurance but it costs them big time; A family of 4 is about $19,000 a year.
rocketman356
New member
I'm with Ezra,,,,,must be a plot to get us banned,,,,,,America the Free,,,,,,,,my azz
I think the best thing that could come out of all of this is if the system gets blown up and we have to start over from scratch. You should buy health insurance no different from how you buy car or home insurance - that is, the consumer has incentive to price compare and be economical. There should be no difference in tax treatment for coverage bought individually or through/by your employer. I'm not sure what to do with pre-existing conditions. I don't have a problem with a mandate to buy health insurance - groups as conservative as the Heritage Foundation didn't in the past either. Here's how I would do it:
1. Eliminate the deductibility of employer-based coverage or allow individuals to deduct their own coverage (i.e., level the playing field)
2. Require all citizens to buy coverage under the rationale that you are not requiring Americans to participate in the market, you are just deciding how to finance it.
3. Provide subsidies through the tax code to reimburse the costs of buying insurance for low-income earners.
The above would cost far less than the ACA and bring down costs for everyone else at the same time.
Until a hospital can refuse treatment, we're all paying for those who don't want to buy or can't buy coverage. Half of all births are now paid by Uncle Sam. The ER is the family doc.
Having said all that, the ACA is one of the worst pieces of legislature this country has had to endure. Remember we had to pass the bill to see what is in it? I think it's going to be scary to see what's in it over the next few years. My personal opinion is that the ACA is designed to do nothing less than shake up the industry to such an extent that only the government can step in to save it with a Euro-style single payer system.
We get the government we vote for and deserve.
1. Eliminate the deductibility of employer-based coverage or allow individuals to deduct their own coverage (i.e., level the playing field)
2. Require all citizens to buy coverage under the rationale that you are not requiring Americans to participate in the market, you are just deciding how to finance it.
3. Provide subsidies through the tax code to reimburse the costs of buying insurance for low-income earners.
The above would cost far less than the ACA and bring down costs for everyone else at the same time.
Until a hospital can refuse treatment, we're all paying for those who don't want to buy or can't buy coverage. Half of all births are now paid by Uncle Sam. The ER is the family doc.
Having said all that, the ACA is one of the worst pieces of legislature this country has had to endure. Remember we had to pass the bill to see what is in it? I think it's going to be scary to see what's in it over the next few years. My personal opinion is that the ACA is designed to do nothing less than shake up the industry to such an extent that only the government can step in to save it with a Euro-style single payer system.
We get the government we vote for and deserve.
HardwaterHoosier
Member
blindfolded shot in the dark, but I wrote my congress and asked them to vote to not fund it.
We have health ins. through my wife's job. She was going to loose it due to the new laws (must have 30hrs per week fro employer to offer health ins). The school had to get creative or they would have lost their entire staff of drivers. She took an aid position, other drivers are mowing and plowing snow to reach the 30hrs, some are full time teaching subs....
It's going to be a real mess. Most people don't realize how the Obama care will effect them.
We have health ins. through my wife's job. She was going to loose it due to the new laws (must have 30hrs per week fro employer to offer health ins). The school had to get creative or they would have lost their entire staff of drivers. She took an aid position, other drivers are mowing and plowing snow to reach the 30hrs, some are full time teaching subs....
It's going to be a real mess. Most people don't realize how the Obama care will effect them.
polarisrider1
New member
You have to admit, we do need some sort of reform. I will be paying less with obamacare.
I find it interesting that people are making decisions based upon zero facts. The insurance exchanges have not released their pricing and programs yet, how can you make a decision based upon something that hasn't been released?
What we do know so far is that states that have announced preliminary pricing have found that insurance costs generally are cheaper for the same coverage than in the existing private market. It also appears that the pricing tends to be lower for older consumers, higher for younger.
I do know that insurance companies are getting more competitive to retain some of the private business that will be re-bidding. I shopped my policy 2 months ago and saved $900 per month (no, not a typo) and am going to shop again in the exchanges. I'm going to try to shave off another $200 a month.
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I have been signed up with the websites, basically just waiting for the release of the exchanges to start shopping.
As to good deals, I got a Humana policy two months ago for $900 per month less than my American Healthcare. It is going to get competitive out there as companies want to sign up all these new consumers.
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I bet it won't. I bet your cost will come down. Shop the exchanges. Deals are out there.
What we do know so far is that states that have announced preliminary pricing have found that insurance costs generally are cheaper for the same coverage than in the existing private market. It also appears that the pricing tends to be lower for older consumers, higher for younger.
I do know that insurance companies are getting more competitive to retain some of the private business that will be re-bidding. I shopped my policy 2 months ago and saved $900 per month (no, not a typo) and am going to shop again in the exchanges. I'm going to try to shave off another $200 a month.
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We are all required to have healthcare insurance starting Jan 1 2014. If you don't have healthcare insurance you will be taxed based on your income level so you might as well have healthcare insurance & pay for it monthly or however you can. How is everyone progressing with the new government insurance websites? Anybody find any good healthcare insurance deals out there?
I have been signed up with the websites, basically just waiting for the release of the exchanges to start shopping.
As to good deals, I got a Humana policy two months ago for $900 per month less than my American Healthcare. It is going to get competitive out there as companies want to sign up all these new consumers.
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Just to clarify..... The term is stated incorrectly.... It is called " the un affordable health care act ". No deals out there that i am aware of. My premium went up a thousand bucks last year..... I am sure it will be triple this year.
I bet it won't. I bet your cost will come down. Shop the exchanges. Deals are out there.
I find it interesting that people are making decisions based upon zero facts. The insurance exchanges have not released their pricing and programs yet, how can you make a decision based upon something that hasn't been released?
What we do know so far is that states that have announced preliminary pricing have found that insurance costs generally are cheaper for the same coverage than in the existing private market. It also appears that the pricing tends to be lower for older consumers, higher for younger.
I do know that insurance companies are getting more competitive to retain some of the private business that will be re-bidding. I shopped my policy 2 months ago and saved $900 per month (no, not a typo) and am going to shop again in the exchanges. I'm going to try to shave off another $200 a month.
- - - Updated - - -
I have been signed up with the websites, basically just waiting for the release of the exchanges to start shopping.
As to good deals, I got a Humana policy two months ago for $900 per month less than my American Healthcare. It is going to get competitive out there as companies want to sign up all these new consumers.
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I bet it won't. I bet your cost will come down. Shop the exchanges. Deals are out there.
Exactly....The purpose of my post was for the membership to start shopping & checking pricing then share best deals & information negative or positive. No use being caught flat footed by Jan 1 you have to make a decision regarding health insurance & those that don't have health insuranace will need to budget for the penalty fee at tax time.
This has a lot more then the bottom line cost to any one of us! This will reduce the medical availability to all of us and lower the ability of the medical field to offer the best care.
Don't look at just the cost for insurance. What about deductibles, copay. You and I don't have a clue how this will end up. The law has been written but so much of the standards in the law are open and not set. This is a BAD LAW!!!!!!!!!
Don't look at just the cost for insurance. What about deductibles, copay. You and I don't have a clue how this will end up. The law has been written but so much of the standards in the law are open and not set. This is a BAD LAW!!!!!!!!!
Isn't the penalty (or tax as explicitly determined by John Roberts and the Supreme Court) minuscule in comparison to the insurance premiums? What's the point of buying the exchange insurance if you can no longer be penalized for pre-existing conditions, particularly if you are generally healthy? I'm serious.
Don't get me wrong - the current system is about as jacked up as possible, so I'm not defending that. I just don't see how this new system is workable.
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Well, remember we had to pass the law to see what was in it. 1,000's of pages of law not read by anyone who voted for it, to be followed by 100,000's of thousands of pages of regulations. What could go wrong?
Don't get me wrong - the current system is about as jacked up as possible, so I'm not defending that. I just don't see how this new system is workable.
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This has a lot more then the bottom line cost to any one of us! This will reduce the medical availability to all of us and lower the ability of the medical field to offer the best care.
Don't look at just the cost for insurance. What about deductibles, copay. You and I don't have a clue how this will end up. The law has been written but so much of the standards in the law are open and not set. This is a BAD LAW!!!!!!!!!
Well, remember we had to pass the law to see what was in it. 1,000's of pages of law not read by anyone who voted for it, to be followed by 100,000's of thousands of pages of regulations. What could go wrong?
here's what i read regarding the tax of not purchasing insurance. " Starting in 2014, if you do not have health coverage, you will be penalized when you file your tax return the following year. For an individual, the fee is a minimum of $95, or 1 percent of adjusted income -- whichever is greater. For a family, the minimum penalty can't be more than $285 -- but it can go as high as 1 percent of adjusted family income.
Within two years, there's quite a jump. In 2016, the penalty is $695 for every adult, and the minimum penalty for a family is capped at $2,085. However, it can be as high as 2.5 percent of the family income -- whichever is greater."
So the tax all depends on your situation. As for insurance rates increasing, they have always been increasing. Our employer offers a reduced premium if you pass a "health screen" which includes a yearly blood test. I love this idea since it saves me money being healthy and I wish they would expand the reduced rates based on health. Our insurance company plainly stated that "90% of the money they distribute comes from 10% of the people insured." So, I have to pay more for these "unhealthy" individuals and we also have to pay for the people that have no insurance that use hospital services.
Lastly, you have to compare rates based upon what you pay and also what your employer contributes. I pay $330 and month and my employer picks up $1400 a month, so the total package is over $20,000 a year (which is part of the employment package). This is the real cost of insurance. Im not sure if this Affordable Act will work or not but it has worked in other countries where people live longer and pay less for medical expenses. It does concern me that the gov't is involved, thats scary enough!
Within two years, there's quite a jump. In 2016, the penalty is $695 for every adult, and the minimum penalty for a family is capped at $2,085. However, it can be as high as 2.5 percent of the family income -- whichever is greater."
So the tax all depends on your situation. As for insurance rates increasing, they have always been increasing. Our employer offers a reduced premium if you pass a "health screen" which includes a yearly blood test. I love this idea since it saves me money being healthy and I wish they would expand the reduced rates based on health. Our insurance company plainly stated that "90% of the money they distribute comes from 10% of the people insured." So, I have to pay more for these "unhealthy" individuals and we also have to pay for the people that have no insurance that use hospital services.
Lastly, you have to compare rates based upon what you pay and also what your employer contributes. I pay $330 and month and my employer picks up $1400 a month, so the total package is over $20,000 a year (which is part of the employment package). This is the real cost of insurance. Im not sure if this Affordable Act will work or not but it has worked in other countries where people live longer and pay less for medical expenses. It does concern me that the gov't is involved, thats scary enough!