Archived Posts » 59,646,491
The Individual Mandate
11/14/2011 11:32:22 AM
So, I haven’t read the entire Obama health care act, but I have done a little research on the individual mandate (the part that requires EVERYONE to buy a plan or be penalized). I don’t understand how this is supposed to work. The bill is supposed to provide health care to 30,000,000 uninsured people, however it will enable the IRS to take money from you or your employer if you do not buy health insurance. So what about the 30,000,000 uninsured, do they get penalized and receive the free health care? What am I missing here?
11/14/2011 11:49:36 AM
Its a tax bill. It doesnt provide jack. It was designed to force ins companies out of biznez and send the insured peep into a .gov co_op. Once this is accomplished they will push for single payer.
11/15/2011 2:53:43 AM
No more comments. I musta knocked it outta the park!
11/15/2011 3:29:12 AM
If you liked credit default swaps, you're going to LOVE viatical life settlements!
11/15/2011 8:22:05 AM
Originally Posted By urbanredneck:
No more comments. I musta knocked it outta the park!
No more comments. I musta knocked it outta the park!
No you didn"t..... maybe nobody knows the real answer
11/15/2011 12:30:48 PM
Originally Posted By niteghost:
No you didn"t..... maybe nobody knows the real answer
Originally Posted By urbanredneck:
No more comments. I musta knocked it outta the park!
No more comments. I musta knocked it outta the park!
No you didn"t..... maybe nobody knows the real answer
What do you mean? We pass it amid the FOG so now we can open it and see what's in it.....
11/16/2011 2:04:44 AM
Originally Posted By niteghost:
So, I haven’t read the entire Obama health care act, but I have done a little research on the individual mandate (the part that requires EVERYONE to buy a plan or be penalized). I don’t understand how this is supposed to work. The bill is supposed to provide health care to 30,000,000 uninsured people, however it will enable the IRS to take money from you or your employer if you do not buy health insurance. So what about the 30,000,000 uninsured, do they get penalized and receive the free health care? What am I missing here?
So, I haven’t read the entire Obama health care act, but I have done a little research on the individual mandate (the part that requires EVERYONE to buy a plan or be penalized). I don’t understand how this is supposed to work. The bill is supposed to provide health care to 30,000,000 uninsured people, however it will enable the IRS to take money from you or your employer if you do not buy health insurance. So what about the 30,000,000 uninsured, do they get penalized and receive the free health care? What am I missing here?
The 30 Million would get penalized, except that ObamaCare is supposed to provide subsidies or complete payment for your insurance premiums, depending on income level. So, if your income is under some amount, you get your premiumspaid for and now you have insurance. So, yes, you get it for free (or subsidized). If you're above the income limit, you have to have insurance, or pay a yearly fee ($800 to $2000, depending on tax status, married, etc.) Some higher earners who are uninsured, might decide it's cheaper to pay the fine than to pay the premiums. The bigger concern is that large employers might find that it's cheaper to pay the fine for EVERY employee and not provide health insurance. As such, all the employees have to buy insurance on the states' insurance exchange.
From a strictly insurance perspective, it's a great idea to require everyone to have insurance. In that way, everyone is in the insurance pool, and the costs can be spread around amongst many more people. The bigger question, to be determined by the Supreme Court, is "Does the Gov have the right/power/ability to force a person to have or buy insurance?"
I do think ObamaCare is ultimately pointing us toward single-payer government health insurance. Many of the ObamaCare provisions are very onerous on insurance companies, and many will say, "Screw you guys. I'm going home." Eventually, only Medicare, Medicaid, and Tricare will be left.
I work in a clinic. We are very worried about ObamaCare, especially in 2014. This is the year when Medicaid eligibility increases dramatically, and many millions more people can get on Medicaid. As a clinic, Medicaid is a horrible payer, and they create tremendous paperwork and bureaucratic nonsense. So, you have to work harder to get paid 30-50% of what you would get paid by a commercial insurer. What a great deal! 
Currently, we have about 60 docs. NONE of the primary care docs are taking any new Medicare or Medicaid patients, for these reasons. It will only get worse.
I hear Brazil is nice these days.
11/16/2011 9:34:05 AM
The Obamacare is centered on millions of new people paying into a health insurance plan in order to cover the costs of the previously uninsured and it is assumed will also bring prices down due to volume of paying insured.
The individual mandate was the only way Obama could garantee that enough new people enrolled in a health care plan to make the plan financially viable. As I predict, next year we will see that the administration violated the Constitution to make Obamacare work. Once the Supreme Court finds the mandate portion unconstitutional, the proponets will petition the Court to find the entire plan unconstitutional based on precedents set by the Court in other cases. The Supreme Court will not over rule their own previous decisions.
The individual mandate was the only way Obama could garantee that enough new people enrolled in a health care plan to make the plan financially viable. As I predict, next year we will see that the administration violated the Constitution to make Obamacare work. Once the Supreme Court finds the mandate portion unconstitutional, the proponets will petition the Court to find the entire plan unconstitutional based on precedents set by the Court in other cases. The Supreme Court will not over rule their own previous decisions.
11/16/2011 9:56:10 AM
Originally Posted By eastonj:
The 30 Million would get penalized, except that ObamaCare is supposed to provide subsidies or complete payment for your insurance premiums, depending on income level. So, if your income is under some amount, you get your premiumspaid for and now you have insurance. So, yes, you get it for free (or subsidized). If you're above the income limit, you have to have insurance, or pay a yearly fee ($800 to $2000, depending on tax status, married, etc.) Some higher earners who are uninsured, might decide it's cheaper to pay the fine than to pay the premiums. The bigger concern is that large employers might find that it's cheaper to pay the fine for EVERY employee and not provide health insurance. As such, all the employees have to buy insurance on the states' insurance exchange.
Originally Posted By niteghost:
So, I haven’t read the entire Obama health care act, but I have done a little research on the individual mandate (the part that requires EVERYONE to buy a plan or be penalized). I don’t understand how this is supposed to work. The bill is supposed to provide health care to 30,000,000 uninsured people, however it will enable the IRS to take money from you or your employer if you do not buy health insurance. So what about the 30,000,000 uninsured, do they get penalized and receive the free health care? What am I missing here?
So, I haven’t read the entire Obama health care act, but I have done a little research on the individual mandate (the part that requires EVERYONE to buy a plan or be penalized). I don’t understand how this is supposed to work. The bill is supposed to provide health care to 30,000,000 uninsured people, however it will enable the IRS to take money from you or your employer if you do not buy health insurance. So what about the 30,000,000 uninsured, do they get penalized and receive the free health care? What am I missing here?
The 30 Million would get penalized, except that ObamaCare is supposed to provide subsidies or complete payment for your insurance premiums, depending on income level. So, if your income is under some amount, you get your premiumspaid for and now you have insurance. So, yes, you get it for free (or subsidized). If you're above the income limit, you have to have insurance, or pay a yearly fee ($800 to $2000, depending on tax status, married, etc.) Some higher earners who are uninsured, might decide it's cheaper to pay the fine than to pay the premiums. The bigger concern is that large employers might find that it's cheaper to pay the fine for EVERY employee and not provide health insurance. As such, all the employees have to buy insurance on the states' insurance exchange.
From a strictly insurance perspective, it's a great idea to require everyone to have insurance. In that way, everyone is in the insurance pool, and the costs can be spread around amongst many more people. The bigger question, to be determined by the Supreme Court, is "Does the Gov have the right/power/ability to force a person to have or buy insurance?"
I do think ObamaCare is ultimately pointing us toward single-payer government health insurance. Many of the ObamaCare provisions are very onerous on insurance companies, and many will say, "Screw you guys. I'm going home." Eventually, only Medicare, Medicaid, and Tricare will be left.
I work in a clinic. We are very worried about ObamaCare, especially in 2014. This is the year when Medicaid eligibility increases dramatically, and many millions more people can get on Medicaid. As a clinic, Medicaid is a horrible payer, and they create tremendous paperwork and bureaucratic nonsense. So, you have to work harder to get paid 30-50% of what you would get paid by a commercial insurer. What a great deal!
Currently, we have about 60 docs. NONE of the primary care docs are taking any new Medicare or Medicaid patients, for these reasons. It will only get worse.
I hear Brazil is nice these days.
So has the income limit been determined yet?
11/16/2011 9:57:56 AM
Originally Posted By TANGOCHASER:
The Obamacare is centered on millions of new people paying into a health insurance plan in order to cover the costs of the previously uninsured and it is assumed will also bring prices down due to volume of paying insured.
The individual mandate was the only way Obama could garantee that enough new people enrolled in a health care plan to make the plan financially viable. As I predict, next year we will see that the administration violated the Constitution to make Obamacare work. Once the Supreme Court finds the mandate portion unconstitutional, the proponets will petition the Court to find the entire plan unconstitutional based on precedents set by the Court in other cases. The Supreme Court will not over rule their own previous decisions.
The Obamacare is centered on millions of new people paying into a health insurance plan in order to cover the costs of the previously uninsured and it is assumed will also bring prices down due to volume of paying insured.
The individual mandate was the only way Obama could garantee that enough new people enrolled in a health care plan to make the plan financially viable. As I predict, next year we will see that the administration violated the Constitution to make Obamacare work. Once the Supreme Court finds the mandate portion unconstitutional, the proponets will petition the Court to find the entire plan unconstitutional based on precedents set by the Court in other cases. The Supreme Court will not over rule their own previous decisions.
I hope you turn out to be right. I have very little confidence in any part of our government right no including the SCOTUS.
11/16/2011 10:43:53 AM
Originally Posted By niteghost:
So, I haven’t read the entire Obama health care act, but I have done a little research on the individual mandate (the part that requires EVERYONE to buy a plan or be penalized). I don’t understand how this is supposed to work. The bill is supposed to provide health care to 30,000,000 uninsured people, however it will enable the IRS to take money from you or your employer if you do not buy health insurance. So what about the 30,000,000 uninsured, do they get penalized and receive the free health care? What am I missing here?
So, I haven’t read the entire Obama health care act, but I have done a little research on the individual mandate (the part that requires EVERYONE to buy a plan or be penalized). I don’t understand how this is supposed to work. The bill is supposed to provide health care to 30,000,000 uninsured people, however it will enable the IRS to take money from you or your employer if you do not buy health insurance. So what about the 30,000,000 uninsured, do they get penalized and receive the free health care? What am I missing here?
What are you waiting for? It would only take you the rest of your life.
Funny thing is, "conservatives" were all about it until Obama adopted it.
I don't think anyone actually thought this through all the way. People were tired of freeloaders abusiing the system, so they decided to make it mandatory.
Ask Newt Gingrich; he supported it.
Ask the Heritage Foundation; they supported it.
Ask Mitt Romney; he supported it (although on a state level, not national)
11/16/2011 10:49:34 AM
Originally Posted By niteghost:
So has the income limit been determined yet?
Originally Posted By eastonj:
<snip>
<snip>
So has the income limit been determined yet?
Yes. Anyone making less than 133% of the federal poverty line will automatically be eligible. Estimates suggest that several million more people will be eligible for Medicaid. Since more and more doctors are dropping Medicaid, or not seeing new Medicaid patients, good luck finding one when this massive influx arrives.
11/16/2011 1:51:04 PM
The problem with socialism is that you eventually run out of other peoples money!
Margaret Thatcher
