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As in every government program, working single taxpayers end up subsidizing those with children (taxpaying or not). I used this link to figure my tax requirement. It's not pretty. As a 50 year old single adult earning $70,000 in 2014, I would be required to pay $6.978/yr for coverage with $0 subsidy from the gov't. The family of 4 earning the same amount would receive a $10,232 subsidy from the gov't and actually pay LESS premium ($6,626) than I would despite the fact that it's covering more lives.
I have been a loyal Democrat since 1984, but this is going too far!!! Why must I always carry the load for this society? Why don't people with families ever pay their own way??!!
I really do find that unfair. I have kids -- but my belief is that having a family is a choice one makes, and it's not supposed to be about getting out of paying one's fair share or reaping some big government handouts as a reward.
And those without children contribute to the economy in other ways because they tend to spend their disposble incomes, they shop more, they travel more, they contribute to the arts, they eat out more.
Now you destroy them with another very large tax, you're taking that money and putting it right into the bank accounts of the hospital CEO's because of course the costs of health care aren't being addressed.
On another thread they're saying that those making less than $80,000 a year will not have to buy insurance, that the only ones having to buy insurance will be those making over $80,000 and those making over $190,000 will be paying the premiums of the less than $80,000 earners.
Thanks. I'll look for that thread. This is the trouble with Obamacare. Nobody KNOWS what it's all about. I have an insurance background, and I only know basics. Obama should have presented a graph showing all different levels of coverage, taxes, demographics, etc. in the way that Reagan did years ago when he discussed the tax increases that he was proposing.
Yes, I just remembered that. Repugs would probably make us pay DOUBLE to pay for the families. We are expendable after all, except that Obama makes it a point to court gay people, who are mostly single taxpayers. He doesn't seem to do us any favors. single ppl get overly taxed left and right no matter which party is in office. Why vote? Is there any country out there that taxes all people the same?
And the democrats want to give gays the right to marry...
Of course they do. Why wouldn't they? They have to find some way to stop paying for the benefits of gay people in civil unions and marriage is the best way since it's on the decline and the divorce rates are at record highs.
On another thread they're saying that those making less than $80,000 a year will not have to buy insurance, that the only ones having to buy insurance will be those making over $80,000 and those making over $190,000 will be paying the premiums of the less than $80,000 earners.
Which thread? This is inaccurate. Medicaid will be expanded to cover those earning 138% of the poverty level, but you would have to have several dozen dependents for someone making anywhere near $80K to get out of buying insurance.
As far as those making over $190K paying the premiums, this is true in spirit. The additional Medicaid expense will be funded through federal income tax.
Funny thing, my company is with United Healthcare, and switched from another carrier, because they were cheaper.
costs have gone down.
I had United Healthcare and my premiums went up 20% last year.
We got a letter from them stating why..they had to increase the pool of available money because of expanded coverage (18-26 dependent coverage).
Funny thing, my company is with United Healthcare, and switched from another carrier, because they were cheaper.
costs have gone down.
I'm with United Healthcare and my premiums have gone up. Significantly.
What you're currently experiencing is an introductory rate. Most companies won't lock in a rate for more than two years these days, so don't be surprised if your company switches again in a couple of years.
I have it right here -- however it's not sourced and I don't see how only those making over $190,000 a year can pay for all the free and unlimited health care for everyone making less than $80,000 a year. It would be great if that were true because then I will not have to pay a dime but could expect completely free and unlimited health care because I would be one exempt from having to buy my own insurance when I currently do.
Obamacare already has identified how this will be paid. The folks with health insurance that make between $80k/yr and $250k/yr won't be paying for it.
Folks making over $250k/yr will see a 3.8% tax increase on investment income. This will be paying for it. However, these folks were getting much lower tax rates (15%) on investment income.
Their tax rates will still be LOWER than someone making $100k year or $190k/yr. This is actually leveling the playing field a bit.
The rich will STILL be taxed lower for investment income even with the 3.8%. (Surely it was a GOP plan to get them a much lower tax rate before than regular peons....the kind of thing Romney will do again). But the disparity will not be as wide.
Wealthy investors will STILL be paying lower tax rates than working Americans.
Rich folks will still have lower tax rate for investments than regular workers that make $180k/year.
The rich are STILL getting a better deal here(pay a lower tax rate), even after Obamacare, as far as the 3.8% increase for investment income for wealthy folks/high earners.
So if you're making 80k or less the govt will pay your premium? Not being facetious here but how is the govt going to pay for this?
This question was asked first and then another poster supplied the answer -- only those making over $80,000 a year will have to buy insurance themselves, the government will give it to those making less than $80,000 - of course by confiscating the incomes of those making over $190,000 a year.
Which thread? This is inaccurate. Medicaid will be expanded to cover those earning 138% of the poverty level, but you would have to have several dozen dependents for someone making anywhere near $80K to get out of buying insurance.
As far as those making over $190K paying the premiums, this is true in spirit. The additional Medicaid expense will be funded through federal income tax.
So how many dependents do you need to get the government to have someone else pay your premiums?
And also will cost of living factors be considered? Certainly where you live makes a big difference when it comes to making $80,000 a year -- where I live $80,000 isn't anywhere near poverty level, even poverty level isn't poverty level.
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