I know, I know..... it's not perfect. Show me a government program that is perfect. Here's what I don't get about Obama Care. When this first came into effect those of us employer groups that actually offer *real* health benefits to employees were asked cough up $64 per participant to cover the wave of the uninsured that were about to enter the exchanges so the insurance industry did not take a massive loss treating all those preexisting, nasty conditions (read: expensive).
Do the math. It does not take long to rack up $100,000 to fork over to the insurance industry to help fund Obama Care. How unfair is THAT? Once again, it's the employers that offer decent benefits are the ones that get **** over by the employers that don't.
For well over a decade we would hold our breath at insurance renewal time to see how badly we were going to get raked with premium increases for the coming year. Kaiser? 20%. Health Net 15% blue Cross and Blue Shield? 12%. The double digit increases were based on some convoluted formula they did not want you to figure out. Where there's confusion, there is money. Don't ever forget that.
I'm getting off track. Enter Obama Care. We get our insurance renewals this year. WTF????? They have STABILIZED???? We actually got a DECREASE for Blue Shield, albeit a small fraction of a percentage decrease. It's like when somebody who has been abused for so long is no longer subject to beatings, they take the absence of beatings as a sign of improvement and caring.
Ohhhhhhhh...now insurance companies have to JUSTIFY their rate increases - at least to formal, group plans. It's hard for them to continue to justify double-digit increases when their profits are in the kabillion of dollars. That's good news for us, anyway. It's great news if you're part of a group plan and not some poor, disenfranchised slob on the exchanges. They don't have any collective bargaining power nor a healthy group paying premiums to dilute their expensive conditions. That, my dear friends, is why we're seeing 112% increases for those on Obama Care. Granted, I'm over simplifying the entire scenario but this fact will always hold true: Insurance companies don't ever do anything that they think will bleed money from them. They will take the blood from YOU. They do nothing out of the 'kindness' of their hearts. I don't care what their emotional, syrupy tv commercials say otherwise.
Showing posts with label obama care. Show all posts
Showing posts with label obama care. Show all posts
Sunday, October 30, 2016
Monday, December 16, 2013
Transitional Reinsurance Fee: Punish those who Pay
As I'm getting more and more into this "obama care" the more I'm figuring it's a punishment for employers who have been trying to do the right thing all along.
I can't make this stuff up.
Employers who have actually reported employees on their payroll paying taxes, workers' compensation insurance, etc., instead of slipping cash under the table are now getting hit with another whammy. Employers are now being asked to cough up $63 for each belly button on their health insurance plan. This is called "transitional insurance reinsurance fee." This is really a grab by the insurance companies/government to fund the masses of sick/uninsured people about to jump into the exchanges. Insurance companies don't plan on losing any money on Obama Care. Trust me.
Why don't they assess the "transitional reinsurance fee" for the companies who don't provide their employees health insurance coverage? I suppose that would be too difficult as they are not reporting employees in the first place. The insurance companies don't have an instant victim for their stick-em-up. It's so much easier to grab money from those who are easily traceable and already paying into the system.
I can't make this stuff up.
Employers who have actually reported employees on their payroll paying taxes, workers' compensation insurance, etc., instead of slipping cash under the table are now getting hit with another whammy. Employers are now being asked to cough up $63 for each belly button on their health insurance plan. This is called "transitional insurance reinsurance fee." This is really a grab by the insurance companies/government to fund the masses of sick/uninsured people about to jump into the exchanges. Insurance companies don't plan on losing any money on Obama Care. Trust me.
Why don't they assess the "transitional reinsurance fee" for the companies who don't provide their employees health insurance coverage? I suppose that would be too difficult as they are not reporting employees in the first place. The insurance companies don't have an instant victim for their stick-em-up. It's so much easier to grab money from those who are easily traceable and already paying into the system.
Wednesday, January 9, 2013
Obama Care 2014
We are less than 12 months away from the largest social program implementation since Social Security and Medicare. I'm talking about ObamaCare. Love it or hate it, it's coming..... ready or not.
My guess is that your employer (if you're fortunate enough to have one that actually puts you on the payroll and does not slip you cash under the table) is clueless as to how this important change is going to play into your life and well-being. If you ask your employer what the changes coming in 2014 mean to you, you will get a vacuous stare and a feeble attempt to pass you off to the head of human resources. Head of human resources has no clue, either.
We are requiring all to purchase health insurance. Great. I thought all drivers needed to have auto insurance and a license, also. Somehow uninsured, unlicensed drivers are plentiful. Those conscientious enough to get auto insurance pay for those who choose not to. How are we going to enforce the health insurance mandate? Turn them away at the ER? Send them a bill for services rendered they will never pay? Garnish wages when they get cash under the table?
Good luck.....
My guess is that your employer (if you're fortunate enough to have one that actually puts you on the payroll and does not slip you cash under the table) is clueless as to how this important change is going to play into your life and well-being. If you ask your employer what the changes coming in 2014 mean to you, you will get a vacuous stare and a feeble attempt to pass you off to the head of human resources. Head of human resources has no clue, either.
We are requiring all to purchase health insurance. Great. I thought all drivers needed to have auto insurance and a license, also. Somehow uninsured, unlicensed drivers are plentiful. Those conscientious enough to get auto insurance pay for those who choose not to. How are we going to enforce the health insurance mandate? Turn them away at the ER? Send them a bill for services rendered they will never pay? Garnish wages when they get cash under the table?
Good luck.....
Friday, April 6, 2012
Health Care Overhaul
Damn liberals. Those idiots want accessible, affordable health care for the populace! Can you BELIEVE the nerve? I mean, really..... how can they even THINK about that? What a bunch of greedy jerks. Of all the things to strive for in this world. How selfish are they? Health care? For all? What a bunch of assholes. What's next? World peace? How are we supposed to profit off of that, pray tell? This is a nightmare!
Don't the liberals know there is an undocumented workforce to exploit? I mean, really.... how could we afford our mansions on islands and such without taking advantage of some desperate wet back willing to work for a pittance? We might have to put ice in our own cocktail glass or clean our own toilets if health care reform goes through.
When the illegals get sick they go to the hospital and you, lowly taxpayers, pick up the tab while we are successfully taking advantage of loopholes and political favors. Liberals are so dumb to even want to pick up the tab for us when we are down on our luck.
Selfish butt head liberals... they are going to ruin this country if health care is available... This basic human service to our people living in the United States must be STOPPED immediately! There are billions of dollars to control. If you care about money more than people write to your representatives and take to the streets before this Obama Care becomes law. Damn the lives of cancer stricken families on the brink of financial ruin trying to obtain treatment. What a bunch of whiners. Don't they have real problems?
Don't the liberals know there is an undocumented workforce to exploit? I mean, really.... how could we afford our mansions on islands and such without taking advantage of some desperate wet back willing to work for a pittance? We might have to put ice in our own cocktail glass or clean our own toilets if health care reform goes through.
When the illegals get sick they go to the hospital and you, lowly taxpayers, pick up the tab while we are successfully taking advantage of loopholes and political favors. Liberals are so dumb to even want to pick up the tab for us when we are down on our luck.
Selfish butt head liberals... they are going to ruin this country if health care is available... This basic human service to our people living in the United States must be STOPPED immediately! There are billions of dollars to control. If you care about money more than people write to your representatives and take to the streets before this Obama Care becomes law. Damn the lives of cancer stricken families on the brink of financial ruin trying to obtain treatment. What a bunch of whiners. Don't they have real problems?
Saturday, August 29, 2009
Health Care Reform
.....don't hold your breath. The maggots at the top are reaping obnoxious amounts of money and our politicians, including Savior Obama, are on their payroll. That's the sad truth. Don't wait for the government to save you. They won't. The only thing you can do is to protect yourself.
The number one cause of bankruptcy in this country relates to astronomical medical bills. I guarantee that either you or one of your loved ones will experience this. If you're lucky enough to currently have medical insurance, don't expect it to last too much longer. It's simply too expensive for employers to maintain. The employers will shift costs to you, but it's still too expensive to maintain.
When medical bankruptcy hits you, as it most certainly will, don't have any assets. They can't get blood from a turnip. Don't bother to accumulate any wealth. They will just suck it from you for medical expenses when you eventually get sick.
My sister-in-law does not have medical insurance. She has very modest assets and works at a very modest wage. Of course, her employer cut out health insurance this past year. A friend-of-a-friend told her about a "free" program for health care. My sister-in-law does not qualify because she makes $50 more per week than the limit, and she owns her own home. That's her reward for trying to be a good citizen.
On the other hand, this friend-of-a-friend is an illegal immigrant. They qualify for the free medical care because they have no reportable wages and no assets because they are paid cash under the table.
Who's the idiot?
The number one cause of bankruptcy in this country relates to astronomical medical bills. I guarantee that either you or one of your loved ones will experience this. If you're lucky enough to currently have medical insurance, don't expect it to last too much longer. It's simply too expensive for employers to maintain. The employers will shift costs to you, but it's still too expensive to maintain.
When medical bankruptcy hits you, as it most certainly will, don't have any assets. They can't get blood from a turnip. Don't bother to accumulate any wealth. They will just suck it from you for medical expenses when you eventually get sick.
My sister-in-law does not have medical insurance. She has very modest assets and works at a very modest wage. Of course, her employer cut out health insurance this past year. A friend-of-a-friend told her about a "free" program for health care. My sister-in-law does not qualify because she makes $50 more per week than the limit, and she owns her own home. That's her reward for trying to be a good citizen.
On the other hand, this friend-of-a-friend is an illegal immigrant. They qualify for the free medical care because they have no reportable wages and no assets because they are paid cash under the table.
Who's the idiot?
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