Happy New Year?

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Happy New Year?

Post  fshnski on Thu Dec 26, 2013 9:19 am

WASHINGTON — Here comes the ObamaCare tax bill.

The cost of President Obama’s massive health-care law will hit Americans in 2014 as new taxes pile up on their insurance premiums and on their income-tax bills.
Most insurers aren’t advertising the ObamaCare taxes that are added on to premiums, opting instead to discretely pass them on to customers while quietly lobbying lawmakers for a break.

But one insurance company, Blue Cross Blue Shield of Alabama, laid bare the taxes on its bills with a separate line item for “Affordable Care Act Fees and Taxes.”
The new taxes on one customer’s bill added up to $23.14 a month, or $277.68 annually, according to Kaiser Health News. It boosted the monthly premium from $322.26 to $345.40 for that individual.

The new taxes and fees include a 2 percent levy on every health plan, which is expected to net about $8 billion for the government in 2014 and increase to $14.3 billion in 2018.
There’s also a $2 fee per policy that goes into a new medical-research trust fund called the Patient Centered Outcomes Research Institute.
Insurers pay a 3.5 percent user fee to sell medical plans on the HealthCare.gov Web site.

ObamaCare supporters argue that federal subsidies for many low-income Americans will not only cover the taxes, but pay a big chunk of the premiums.
But ObamaCare taxes don’t stop with health-plan premiums.

Americans also will pay hidden taxes, such as the 2.3 percent medical-device tax that will inflate the cost of items such as pacemakers, stents and prosthetic limbs.
Those with high out-of-pocket medical expenses also will get smaller income-tax deductions.

Americans are currently allowed to deduct expenses that exceed 7.5 percent of their annual income. The threshold jumps to 10 percent under ObamaCare, costing taxpayers about $15 billion over 10 years.

Then there’s the new Medicare tax.

Under ObamaCare, individual tax filers earning more than $200,000 and families earning more than $250,000 will pay an added 0.9 percent Medicare surtax on top of the existing 1.45 percent Medicare payroll tax. They’ll also pay an extra 3.8 percent Medicare tax on unearned income, such as investment dividends, rental income and capital gains.

Meanwhile, the Obama administration touted a surge of more than 2 million visitors Monday at HealthCare.gov, plus about 250,000 calls to ObamaCare call centers.

“Volumes remain high but not equal to [Monday] and we have not had to deploy our queuing system on the site,” said Julie Bataille, a spokeswoman for the Centers for Medicare and Medicaid Services, referring to a virtual waiting room that is activated when the site is overloaded.

“We are taking thousands of calls at our call centers, which remain open until midnight, and we are seeing thousands of visitors complete enrollment online,” she said.

It wasn’t smooth sailing for everyone on the troubled site.

Software techie Jeff Karaaro tweeted in frustration: “Got three different codes trying to submit plan choices. No [one] can tell me what they mean. I nor call center can complete my application due to error.”


http://nypost.com/2013/12/25/new-obamacare-fees-coming-in-2014/

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Re: Happy New Year?

Post  WHL on Thu Dec 26, 2013 12:45 pm

Thank you for reminding me of that, fsh and spoiling my day. As was said this is nothing but a tax bill. We should have called it Taxcare instead of Obamacare.
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Re: Happy New Year?

Post  WHL on Thu Dec 26, 2013 12:54 pm

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Re: Happy New Year?

Post  News Hawk on Thu Dec 26, 2013 7:36 pm

I heard today that Obama has signed up, but sent one of his underlings to do that. Opra too.

Their privacy (and birth certificates) won't be an issue—although the rest of us are at risk.

 Rolling Eyes 


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Re: Happy New Year?

Post  WHL on Fri Dec 27, 2013 7:27 am

Yes, now that's a big joke, isn't it???!!!!
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Re: Happy New Year?

Post  Outerlimits on Fri Dec 27, 2013 11:50 am

Obama has effectively dismantled the greatest healthcare system in the world while instituting a massive tax increase on the middle class. The fleecing will continue as Americans continue to find out what's in the bill that Obama and congress didn't read.
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Re: Happy New Year?

Post  WHL on Fri Dec 27, 2013 12:18 pm

So true Outer. And I really don't know how we are going to get out of this mess!
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Re: Happy New Year?

Post  Outerlimits on Fri Dec 27, 2013 12:47 pm

Rip Obamacare out by the roots and salt the earth.

We need to get the federal government and it's army of useless, incompetent bureaucrats out of business of health care.

Liberal ideology vs actual execution of public policy are two different situations. Giving everyone affordable housing, food etc. it just doesn't work when you got 330 million citizens to deal with. There will be some who will fall through the cracks.
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Re: Happy New Year?

Post  WHL on Fri Dec 27, 2013 12:51 pm

I agree, but it's pretty tough to get them out once they are so ingrained! The government is so bloated now, I don't know if we can get rid of it. It is like a monster.
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Re: Happy New Year?

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