The Affordable Care Act May Not Be All That Affordable
In another Obamacare twist, the AP is reporting that the Affordable Care Act may turn out to be not affordable at all. Under the law, large and medium sized businesses are required to provide affordable coverage for their employees. Several chain restaurants are laying employees off and cutting the hours of others in order to get around having to provide healthcare. There are those on the left who decry this tactic as greedy, while failing to acknowledge that their own desire for “free” healthcare as being greedy.
There may be another way around the issue faced by these companies.
There is a ceiling defined for what “affordable” is, and employers may be able to offer healthcare to their employees after all.
Only the healthcare packages will be too expensive for their workers to afford.
That’s right. The employer could offer coverage to their employees that the employees can’t afford, and while the employer gets out of the IRS fines, the worker is still faced with the requirement to get health insurance or get fined by the IRS.
“It is an imperfection in the new law,” Ron Pollack, president of Families USA added. “The new law is a big step in the right direction, but it is not perfect, and it will require future improvements.”
Further improvements would include repeal.
Here’s what the AP says about it:
The law is complicated, but essentially companies with 50 or more full-time workers are required to offer coverage that meets certain basic standards and costs no more than 9.5 percent of an employee’s income. Failure to do so means fines for the employer. (Full-time work is defined as 30 or more hours a week, on average.)
But do the math from the worker’s side: For an employee making $21,000 a year, 9.5 percent of their income could mean premiums as high as $1,995 and the insurance would still be considered affordable.
That $21k is gross income. After taxes? Let’s just take a rough guess (if the person lives in Oregon) of $4000 in income taxes, leaving $17k take home.
Oops! Forgot the 6% payroll taxes! That’s another $1260!
That leaves $15,740 for Obamacare, food, shelter, transportation and clothes. Not much at all. Take out $2000 for health insurance, and the worker is left with just under $14k to make it through the year. One third of their check has just gone to either the government or a government sponsored entity.
That leaves the worker with roughly $1145 a month, and rents in this city are about $700 a month for an apartment (yes, you can find some cheaper, but those places are really run down), leaving $445 a month to take care of everything else.
Oh, and if you are offered “affordable” healthcare from your employer, and you don’t take it, you aren’t eligible for tax credits extended from the government to help you cope with the costs.
I can see how this would help people.
“Let’s make sure that everybody who is out there working hard and doing the right thing, that they’re not going to go bankrupt because they get sick, that they’re going to have health care they can count on,” Obama said in a Chicago appearance last summer during the presidential campaign. “And we got that done.”
For those who need help, that’s Obamese for “We fucked you, and we fucked you good”.
The Democrats give two shits about the workers. Lipservice to get themselves reelected.
White House senior communications advisor Tara McGuinness downplayed concerns. “There has been a lot of conjecture about what people might do or could do, but this hasn’t actually happened yet,” she said. “The gap between sky-is-falling predictions about the health law and what is happening is very wide.”
The gap is very wide since the expectations for Obamacare are so low. Everything that was promised to happen never did, and those that were promised that wouldn’t happen have been.
This does not mean that employers will go with this option, but they have discovered that the option is there.
There’s still another fly in the ointment.
The higher your deductible, the lower your premiums are.
The deductible could be as high as $3000 for the most basic plans. CNN is asking if even a deductible of $2000 is affordable for lower income people.
We are three years into this law, and NOW the press is bringing this up?
Two thousand dollar deductibles. Forty five dollar copays. Two hundred fifty dollar ER visits.
That’s from the State exchanges!
Still sound affordable to you?
That’s the silver plan from California. Under the bronze plan, which is minimal coverage, the premiums are lower, but the deductibles and out of pocket expenses are much higher.
Oh, and the premium is $321 a month, or $3800 a year.
Who would willingly sign up for that?
If you don’t have much money and have to choose the bronze plan, can you really afford the deductible and out of pocket costs?
To me, this is solid evidence that this was never about poor and working families. It was about controlling us, and forcing people to participate in the insurance risk pools. In other words, we are being forced to become customers of these insurance companies.
If you take advantage of our special offer, we’ll even throw this in as a bonus!
Politico is reporting that dozens of members of Congress and aides are contemplating either retiring or just quitting Congress, because they fear that the rule that says they have to participate in the exchanges will make their premiums skyrocket. If they retire now, they get to keep their current plan.
If members of Congress fear the law that they passed, we should be downright terrified!
On the plus side, we would be replacing more than a few of those chuckleheads.
Rep. John Larson, a Connecticut Democrat in leadership when the law passed, said he thinks the problem will be resolved.
“If not, I think we should begin an immediate amicus brief to say, ‘Listen this is simply not fair to these employees,’” Larson told POLITICO. “They are federal employees.”
Oh, boo-freaking-hoo! You obviously think you and your employees should be treated differently because you are the government. This is another thing people complain about, how government employees get treated differently, better than the rest of us do. You aren’t any different, and you make more than the average person in America does. A member of the House of Representatives earns, at a minimum, $174,000 a year.
$174,000 a year, not rich by Obama’s standards, and you can’t afford your own healthcare? Are you shitting me?
Lawmakers and aides on both sides of the aisle are acutely aware of the problems with the provision. Speaker John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-Nev.) have discussed fixes to the provision. Boehner, according to House GOP sources, believes that Reid must take the lead on crafting a solution. Since Republicans opposed the bill, Boehner does not feel responsible to lead the effort to make changes.
In other words, since Boehner supposedly opposes Obamacare, he can’t be seen tampering with it in order to get rid of the rule requiring Congress to participate in the exchanges.
Boehner. What a worthless piece of shit.
It’s just not right that Congress should have to live the same as the little people.
If you thought that was the end, you’re wrong.
Here’s the icing on the cake.
The IRS has been named by Obama as special enforcer of the Obamacare catastrophe.
We all know it’s because he has the IRS in his back pocket and they will do anything their king demands of them.
From The Daily Caller:
“The Committee on Energy and Commerce is investigating allegations that the Internal Revenue Service (IRS), in the course of executing a search warrant at a California health care provider’s corporate headquarters in March 2011, improperly seized the personal medical records of millions of American citizens in possible violation of the Fourth Amendment to the United States Constitution,” members of the committee wrote in a letter Tuesday to Acting IRS Commissioner Daniel Werfel.
The IRS stole 60 million medical records in California.
Of course the IRS can be counted on to enforce Obamacare.
No jackbooted thugs here.
Quick update after this was published. Here is proof that Obamacare is about the illegal immigrants.
From the pamphlet being mailed out in California: “[California lawmakers need to] finish the job for the millions of Californians who won’t be covered, many because of their immigration status.”
It’s about taking care of those who shouldn’t be here to begin with.