Can companies afford this heathcare bill? (McCain, money, government, states)
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Finn, I did a bit of reading on this to understand it better and this part of the 2003 Prescription Drug Modernization Act was a good business move because it was a lower cost to the government to give companies credit than take on millions of new medicare patients at a higher cost.
I don't think so, because they had to subsidise for these plans on monthly bases whether or not the participant was using the services. I am glad this scam is seeing daylight because I don't think most people realized that these hand-outs even existed.
I think there is a bigger picture here..to completely cut health benefits from employment. Get everyone on a government plan over a period of time and then go single payer.
You can't do it all at once though since this is huge..got to get the pieces all lined up first. This is one piece.
The next piece happens in year 3 when these big companies can participate and move their employees to the government pool.
Then the taxpayer becomes fully responsible for any subsidies and the corporation has a small financial obligation to the government via "fees".
Why aren't more people objecting to government going down this road? Haven't they seen the CBO estimate that they're going to have to pay 12-19% of their annual incomes for the 30% co-pay Silver Plan? And that's just to start.
I don't think so, because they had to subsidise for these plans on monthly bases whether or not the participant was using the services. I am glad this scam is seeing daylight because I don't think most people realized that these hand-outs even existed.
It was right there in the 2003 Act. That's why big business didn't object to it.
I am glad this scam is seeing daylight because I don't think most people realized that these hand-outs even existed.
Please honestly answer this question: what do you not get about the fact that the tax free subsidies were less costly to the government than having to pay the full expense of insuring those millions of retirees on Medicare?
Why aren't more people objecting to government going down this road? Haven't they seen the CBO estimate that they're going to have to pay 12-19% of their annual incomes for the 30% co-pay Silver Plan? And that's just to start.
Because Obama said they would pay less. That's all they need to know.
2000+ pages should have scared anyone into thinking there's much more than meets the eye here.
And when you worry about IRS staffing over doctors and nurses then you know something else is up.
Revenue generator..we're broke and need immediate revenue coming into the government coffers.
Why aren't more people objecting to government going down this road? Haven't they seen the CBO estimate that they're going to have to pay 12-19% of their annual incomes for the 30% co-pay Silver Plan? And that's just to start.
Or senior citizens. It was a major hand out to both.
AARP was a big promoter of this bill. But the CBO estimates were so off and now we're stuck with a huge cost.
Drug prices are not regulated and that seems to be the root of the problem.
I can see the same happening with this current HC bill..insurance and drug prices are still not regulated or capped.
Another Obama apologist who doesn't get that the government was SAVING money by incentivizing employer-provided retiree coverage instead of having to pay the FULL COST of those millions of seniors on Medicare.
I don't get your point here. Employer provided retiree coverage doesn't effect what that retiree gets from Medicare in the way of payments on their health care costs. Retiree coverage provided by companies almost always drops to a supplement to cover what Medicare doesn't. Medicare never has paid the full cost and it still won't with the new health care bill.
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