I watched the hearing today while working, my boss let me have the TV. What I have to report, it was really something to see. If you had an employee like this person, I doubt you would keep them employed. They showed today as of 2010 Mr Obama was aware that as many as 10 million would not be able to keep their existing insurance policies, so he lied, and so did many others. So on this lie he was re elected. So if you have an existing insurance policy for health, it can only be kept if they feel it meets the Cadillac plan. Your existing plan to be kept, has to include everything. Most people do not have this type plan. The law does not allow to keep your plan if anything has to be revised. So the insurance company is not going to be able to provide those same plans as the new law requires you to have full coverage, so unless you have the most expensive existing options and most costly plan, all others will have to find new insurance. When you go on the site to buy, you have to enter your age before you can see any cost. if you are 49 years old you are charged same higher more expensive rates as all from age 27. So if you are 27, to 49 years old, you will pay the most amount for the health insurance. If you are 50 or older, you will pay the lesser amount for the health insurance. I wonder if all the young people realized they voted themselves higher cost of living for the next 23 years of their lives? Why would someone choose that? Many of you did make that choice. Now here are some of the more interesting parts about this. So far more people who will get free insurance have signed up. You say, yeah, well me too, but here is the catch. If not less than 7 million people ages 27 to 49 sign up and agree to purchase the more expensive plans. Well what will happen, is the cost for everyone is going to skyrocket, you see in 6 months time, if 7 million young dont buy in, everyone will see another huge increase to pay for all of the people who signed up and met free requirements. So you say, not too bad, screw it, I will just pay the fine. Ok, this year the fine is $95 dollars, paid through IRS when you do your taxes. The next year the fine is $595 or 1 percent of your yearly household income in salaries. So if you and the wife or husband or now equal partners too. If you make combined more than $59,500 you would pay 1 % of the combined income. This will force people to buy plans for thousands of dollars per month to be ahead at worst case. If your sort of a slacker, and do not work hard and make less than $59,500 then the $595 fine option (to have NOTHING) is your cheaper option. So no health care, just a fine for not having a policy. So you say, ok, 1% not too bad, this fine increases each year and the current higher penalty is 2.5 % of the combined household income. So in a way, if you are married (gay or straight) this affect you the same, you get to figure your combined income for the penalty phase. If you are employed by the government, the tax payers will just keep paying your cost for your health insurance to be free. One thing I admire Congress for, the republicans voted themselves and the democrats all in congress to become a part of this same plan. so all those in congress have to obtain insurance that meets ObamaCare. They will forgo their paid for the tax payer policies and have to buy into the same system like everyone else. Mr. Obama and his senior staff and all of his advisers are all exempt and will refuse to be a part of the health care system they created themselves. The architect of the Obamacare program today when asked, if you could be eligible for Obamacare would you yourself sign up. She dodged that question many times and then stated it would be illegal for her to participate in Obamacare. They said, if we check and find it is not illegal, would you forgo your tax paid insurance policy and join the same system that congress is taking and the rest of America. She wanted so badly to say she could not, and finally she said she would go on Obamacare if she was able to legally. I think the architect of the Affordable Care Act should also participate in the program they created for all of us. Sort of like do un to others as you would have done to you. Interesting how this plays out. I keep hearing about all the good and the bad, and all I see so far is incompetence in the simple opening of the program. They have spent 600 million dollars and taken over 3 1/2 years to do this, and still screwed it up. There is no private company on the planet that could afford to spend that amount on a plan that does not even open and run its web site. The level of incompetence is astounding to say the least. I think we are sure to see more 29 hour work weeks in small business. Big business and unions have been given a pass on the requirements this first year. Hate to say it, but there may be more double job families, just to make it by. Cost of Milk going to $8 dollars per gallon, and all else is going up too. So your gasoline and food cost more and so does this new insurance. So your choice is to keep working and pay more, or to lose incentive to strive for greatness. If you pay for higher education, and you earn more money, it will cost you far more than those who wish not to work at all. When the incentive is lost, this is going to become a dangerous time in history. I am betting that less than 5 of my Face Book friends read this to the end. I think this is where the whole problem started. Everyone is so self absorbed into their own little world, and not concerned for anyone other then themselves. Only when your world changes, will you understand what has transpired. So get ready and Lean forward because here it comes!
Posted on: Wed, 30 Oct 2013 17:56:58 +0000
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