• Welcome to Christian Forums
  1. Welcome to Christian Forums, a forum to discuss Christianity in a friendly surrounding.

    Your voice is missing! You will need to register to be able to join in fellowship with Christians all over the world.

    We hope to see you as a part of our community soon and God Bless!

  2. The forums in the Christian Congregations category are now open only to Christian members. Please review our current Faith Groups list for information on which faith groups are considered to be Christian faiths. Christian members please remember to read the Statement of Purpose threads for each forum within Christian Congregations before posting in the forum.

Obamacare's Harbingers of Doom

Discussion in 'American Politics' started by michael32, Mar 8, 2011.

  1. michael32

    michael32 Guest

    +0
    The goal of the Patient Protection and Affordable Care Act was never anything other than the forcing of a single-payer system. The more than 1000 companies and unions that have so far sought exemption from the legislation are playing the role of canaries in the mine.


    Obamacare waivers…what you haven’t been told -- Barbara Vicevich, former Assistant United States Attorney for the Southern District of Florida, partner in the Florida law firm of Shutts & Bowen, and an adjunct professor at the University of Miami, School of Law.


    You will be happy to know that we are now, as of the end of February, up to 1040 waivers from Obamacare, covering some 2.62 million people. And, we have a spiffy new federal agency handling said waivers. The Center for Consumer Information and Insurance Oversight, recently created by the Department of Health and Human Services, will now be granting dispensations from Obamacare, and you can find its home page here.

    But, this is what you may not know, and what does not bode well for any employee who now has group insurance through his or her employer.

    The primary reason these waivers have been granted is that a very small piece of Obamacare has driven up group premiums dramatically. As of September, 2010, all group policies must provide annual benefits of not less than $750,000 per employee. That figure will rise to $1.25 million in September, 2011, $2 million in September, 2012, and after January, 2014, no annual limits will be permitted.

    In order to receive a waiver, an employer must demonstrate that this new requirement will either result in a large premium increase, or that a large number of enrollees would lose access to coverage. As the waivers are only granted for one year, expect to see more companies apply for waivers each year as the higher limits take effect.

    Let’s look at the future. If a $750,000 annual benefit limit has caused 1040 employers to prove to the government that their premium increase is large, and, perhaps unaffordable, what will no annual limits do?

    I doubt we will ever find out the answer to that question as, beginning in January, 2014, there will be no further waivers granted. Consequently, for most, if not all employers, it will be far less expensive to drop group coverage and simply pay the per employee tax. This will have the effect of dumping tens of millions of people into the newly formed government subsidized insurance exchanges. And, this will be expensive.

    The former director of the Congressional Budget Office, Douglas Holtz-Eakin, says that the costs of ObamaCare are set to explode when employers opt to drop coverage and send their workers to the new, federally subsidized health exchanges for coverage. He estimates that this will drive up the cost of the law by $1 trillion or more in the first 10 years. [emphasis supplied]

    Whether you believe that insurance policies should have no annual limits or not, the fact of the matter remains that unlimited benefits cost money, and, someone has to pay for that.

    But, the real losers here are the employees…first, when they find out what even “subsidized” insurance will cost them compared to what they are paying now, and, second, when they get the tax bill for that additional $1 trillion.
     
    Last edited by a moderator: Mar 8, 2011
    We teamed up with Faith Counseling. Can they help you today?
  2. religious&reasonable

    religious&reasonable Slayer of Stupid Threads

    736
    +30
    Christian
    Single
    The thread title got me so excited that I agree with you despite the lack of reliable sources in your thread.

    Maybe Palin has a chance of being elected afterall...
     
  3. michael32

    michael32 Guest

    +0
    What do you consider not reliable about Barbara Vicevich?
     
  4. Notamonkey

    Notamonkey Member

    +51
    Nazarene
    Married
    US-Republican
    Think about the lost revenue for those who don't have to pay. How debt nutral is that going to make it for those who don't have the $ to lobby? Right there, that will raise the cost for everyone else and increase the cost and debt.:cool:
     
  5. religious&reasonable

    religious&reasonable Slayer of Stupid Threads

    736
    +30
    Christian
    Single
    Just trollin'.

    After actually reading it:

    They need to stop giving out waivers. Why do they think this is helpimg anyways? This was a bad idea.

    The sad thing is, Obamacare in the beginning was great, with some of improvements to our already pretty good system. Then came the earmarks, and then the forcing of purchasing of insurance, and now these waivers.

    I think Obamacare needs to be slightly reevaluated. Too bad the Executive and Legislative branch is full of idiots who can't even fake that they know how to do their jobs.
     
  6. michael32

    michael32 Guest

    +0
    The administration is happy to approve these annual exemptions. Every year, as the cost of the higher benefit limits rise, more and more companies will choose to pay the relatively low fine rather than provide insurance benefits at all, and private insurance companies will simply disappear from the market. The ever increasing costs mandated by the legislation will make it literally impossible for private companies to offer insurance, and there will only be the government left, which was the goal from the get go.

    Obama and his Democrat buddies are dealing with the insurance companies the way he told us he was going to deal with coal and power companies: 'Sure, you can build a coal powered plant if you want, but we're going to make it so expensive you won't be able to afford it.'
     
  7. religious&reasonable

    religious&reasonable Slayer of Stupid Threads

    736
    +30
    Christian
    Single
    Now if we had a competent congress, we could actually do something about it.

    I'm glad there are people focusing on real mistakes of the Obama administration instead of the "[bless and do not curse][bless and do not curse][bless and do not curse] WHAT IF HES ACTUALLY AN EVIL MUSLEM" or "HE IS A KING AND MUST BE DETHRONED" stuff you usually see on these forums.

    I do think that we there are plenty of good things in Obamacare, but at this point the bad is outweighing the good.

    Also everyone in congress at this time is an idiot (with the exception of a very few).
     
  8. michael32

    michael32 Guest

    +0
    It's possible we'll see actual bi'partisanship when, and if, the politicians understand hoe angry the country is. But Obamacare can't stay the way it is. We are not a country that wants socialized healthcare.
     
  9. Corey

    Corey Veteran

    +151
    Deist
    Married
    US-Democrat
    So...you post a post that has two unreliable sources. Both deeply conservative and one deeply ignorant of the economic impact mass transit cinstruction has. Sorry, What they're selling, I ain't buyin'.
     
  10. michael32

    michael32 Guest

    +0


    ^_^^_^^_^^_^


    Giiven the analysis by an accomplished law professor and US Attorney experienced in reading legislation on one hand, and your opinion on the other, guess who I'm going with?

    Are you sure your post even belongs in this thread? It makes no sense.
     
  11. religious&reasonable

    religious&reasonable Slayer of Stupid Threads

    736
    +30
    Christian
    Single
    Although I agree with you on this subject, I do not agree with how you titled it. You make it seem as though alien Emperor Obama from Zeron 5 has sent warships to earth's atmosphere in attempt to destroy the human race.

    It isn't nearly that bad.... yet!
     
  12. michael32

    michael32 Guest

    +0
    The title isn't meant to be taken literally. It isn't DOOM, it's just bad legislationl But the harbingers part is accurate. The waivers are a sign of things to come.
     
  13. Corey

    Corey Veteran

    +151
    Deist
    Married
    US-Democrat
    I did this little thing called research. I actually bothered to find out what the people cited in your repost from that radio show website said in other places or who they are.
     
  14. michael32

    michael32 Guest

    +0

    I'm glad you did, but what does that have to do with the OP? Is it your contention that because they are conservatove they'r unreliable? At least make an attempt to counter their points, because 'They're unreliable because I disagree with them' isn't really convincing.

    If you say 'I disagree with them and here's why, and here's a counter position' I would respect that.
     
  15. Notamonkey

    Notamonkey Member

    +51
    Nazarene
    Married
    US-Republican
    Ok, so if I said I dissagreed with the OP because he is a do-do head, that wouldn't be an arguement? Just checking.:sorry:
     
  16. Corey

    Corey Veteran

    +151
    Deist
    Married
    US-Democrat
    It's my contention that conservatives have done nothing but lie about the ACA. They are conservative; therefore you should not trust them to tell the truth about the ACA.

    Added to that, the woman who made the posts has other posts indicating a fundamental lack of knowledge of economics.

    Why are they worth my effort?

    I'm not attempting to disagree with them. I'm saying I don't trust them to be honest brokers.
     
Loading...