IRS-says cheapest obamacare plan is

[QGator2414]

Originally Posted by malligator

So, in the example the family size is reasonable, the income is reasonable, the tax threshold is reasonable, but for some reason when it came to the part about insurance premiums the IRS just pulled a hypothetical number out of their butts for illustration. Sound possible? Sure, why not. I mean, examples with round numbers are easier for people to understand. Of course, $10,000 would have been an easier number to work with and, according to factcheck, is closer to the projected number. But...for some reason...the IRS didn't use $10,000. It chose to use $20,000. Could they, being...you know...the government...know more than us? Nah. They are always fast and loose with figures. Accounting really isn't their thing, you know?

But, hey, an anonymous spokesman sent an email to factcheck so the story has to be "completely false".

Exactly...and yes there may be some policies under $20K but as a whole the number seems quite reasonable considering government is continuing to turn insurance companies into middlemen instead of insurance companies...

[mastoidbone]

well the problem with ACA is millions and millions will now get medicaid.

Why is that a problem?
Medicaid pays me about $15 an hour to provide 1 to 1 anesthesia care.
I can make more baby sitting here in the bay area.

So what is ACA really fixing by doing this?

If I dont get a subsidy to take care of these patients--- i wont do it----i rather do something else for more money that allows me to do things like eat.

As more and more medicaid patient fill hospitals---hospitals wont have $ available to pay a subsidy to get doctors to see these patients.

It is one reason you are seeing indep docs die out and get practices bought out by hospitals and PE groups.....

But there will be a BIG shortage over next 10 years----and at same time you are expanding coverage.......see the problem?

[theorangebluewinagain]

They will just legislate that practice extenders can do it, PA's, NP's, CRNA's and AA. The quality of health care will go way down and people will suffer the untoward effects. They elected the Jackass's so they get what they deserve. Americans are stupid and they are about ready to get their just rewards.

[wygator]

Mastoid,

How about educating the thread on the new coming concept...concierge care...

[ncgatr1]

I know most people not elect to go with cobra. When I left my first job, my payment was over 300.00 a months, I found basically the same policy under BCBS for 115.00 a month. So 20,000 a year is completely ridiculous..

[rivergator]

Originally Posted by ncgatr1

I know most people not elect to go with cobra. When I left my first job, my payment was over 300.00 a months, I found basically the same policy under BCBS for 115.00 a month. So 20,000 a year is completely ridiculous..

First of all, the $20,000 minimum isn't real. Some conservative website claimed it was and rightwing sites all picked it up. But as already explained, that is not what the IRS determined.
Meanwhile, you got a good health insurance policy on your own for $115 a month? When?

[ncgatr1]

In 2004 I got a $115 a month policy with a $1500 deductable. 30 yea rold non smoker, non drinker. My buddy left our company last year to start his own venture. His cobra payment to keep the company insurance was $375 a month. He found a $1500 deductable policy with BCBS for around $150 a month. $20,000 a year is completely ridiculous.

[rivergator]

Originally Posted by ncgatr1

In 2004 I got a $115 a month policy with a $1500 deductable. 30 yea rold non smoker, non drinker. My buddy left our company last year to start his own venture. His cobra payment to keep the company insurance was $375 a month. He found a $1500 deductable policy with BCBS for around $150 a month. $20,000 a year is completely ridiculous.

wow, i pay a lot more than that even with my employer chipping in ...

[dangolegators]

Originally Posted by ncgatr1

I know most people not elect to go with cobra. When I left my first job, my payment was over 300.00 a months, I found basically the same policy under BCBS for 115.00 a month. So 20,000 a year is completely ridiculous..

You got a policy for $300 a month for a family of 4? What year was that? And what was your deductible? And was it for a family of 4?

[ncgatr1]

No, It was an individual policy. My buddy who pays $150 a month, also has a policy for his 4 year old son that something like $130/$140 month range. His wife has insurance through her employer. I think he pays about $280/290 for him and his kid and if his wife had to have her own insurance, it would be about what he is paying for his. So if you tallied it up, you would be looking at a little over $400 a month for his family. That is BCBS through North Carolina. The $4800 a year is a far cry from the ridiculous $20000 number they are throwing out for the Bronze package in Obamacare. So a family if three with a $1500 deductible is we're I came up with that number, if you added another kid it would push it to about $6500 a year.

[dangolegators]

The 20,000 number might be ridiculous, but it's reality. You are probably unaware just how much of the insurance is paid by the employer.

Health care costs are projected to reach $20,728 this year for a family of four insured through the most common health plan offered by employers, according to the annual Milliman Medical Index.

The index includes the cost of health insurance and out-of-pocket costs, such as deductibles and co-pays.

This year, employers will pay an average of $12,144 toward the total cost, while employees will pay the remaining $8,584 through their share of the cost of health insurance and out-of-pocket expenses.

http://www.jsonline.com/business/hea...151550145.html

[ncgatr1]

What do you think about employers giving a set amount to an employee and they buy their own insurance with the money? My employer did this when I was living in Idaho. It seemed to work out pretty good.

[dangolegators]

Originally Posted by ncgatr1

What do you think about employers giving a set amount to an employee and they buy their own insurance with the money? My employer did this when I was living in Idaho. It seemed to work out pretty good.

How was it enforced? Did people take the money and not get insurance? Did you have to present your employer with proof of insurance?

[ncgatr1]

No, my employer gave each employee a stipend of 150.00 a month to buy insurance, if you didn't use it on insurance you still got it. It ended up covering my premiums atbthebtime, I know some of the older employees had to come out of pocket a little to cover their premiums, of course they made more money.

[dangolegators]

Originally Posted by ncgatr1

No, my employer gave each employee a stipend of 150.00 a month to buy insurance, if you didn't use it on insurance you still got it. It ended up covering my premiums atbthebtime, I know some of the older employees had to come out of pocket a little to cover their premiums, of course they made more money.

Then this doesn't improve the situation. You would have younger healthy people opting not to get health insurance and pocketing the additional income. This would leave a smaller insurance pool and increased premiums for everyone else. And when the younger people later do decide to get health insurance, they are in a less healthy, more costly group.

[wygator]

Originally Posted by dangolegators

Then this doesn't improve the situation. You would have younger healthy people opting not to get health insurance and pocketing the additional income. This would leave a smaller insurance pool and increased premiums for everyone else. And when the younger people later do decide to get health insurance, they are in a less healthy, more costly group.

So you are in agreement with the primary basis of the ACA, that all Americans be forced to purchase health insurance, regardless of their personal circumstances.

[dangolegators]

Originally Posted by wygator

So you are in agreement with the primary basis of the ACA, that all Americans be forced to purchase health insurance, regardless of their personal circumstances.

Yes.