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Quote:
Originally Posted by Boating All Out View Post
In article ,
says...


Where does the money for the subsidized premiums come from?
Are you suggesting that the person making $100K and paying $15k per
year in family
health insurance premiums is not paying enough? That rate is
pretty much the norm now and people in that category are having
a tough time paying 15% of their income on health insurance.
Why should they pay that if they can just pay $1k per year as a "tax"?

It sounds like a $100k income (today) would qualify for subsidized
premiums. So where do we draw the line .... $150k ... $200K ...
$300K?

If so, then you will end up with a society whereby the upper 5% of
wage
earners are subsidizing everyone else's premiums. I don't think
that is going to fly, even if it can be justified by some.

There's something missing here and I still don't understand what it
is.

I am watching (and listening to) the MSNBC crowd talk as I type.
I keep hearing the phrase, ".... makes health care premiums
affordable
to those who could not afford it before ...." and, ".... will add
millions
of people to the insurance pool".

Huh? How did those who couldn't afford it before now be able to
afford it?
Subsidized? By whom? Not by those who previously paid but now
just go for the $1k tax. Same with those who make over $300k/yr.
Just pay the "tax" instead. It's a lot less expensive. And there
goes your
money for subsidies.

I don't get it. Either I am all screwed up in my understanding of
this plan
or the plan is all screwed up. Or both.


With everybody in the system your "hypothetical" premium of $15k won't
hold. It's actuarially unsound, and based on that premium paying for
the uninsured and other inflated U.S. health care costs.
Of course you know by now that the current U.S. health care/insurance
system is the world's least efficient. Right?
Subsidies are pegged now in the AHCA up to 400% of poverty level, which
is $88k for a family of 4. They won't pay more than 9.5% of their
income for insurance premiums.
I haven't seen anything for above 400% of poverty level, but a
reasonable view is your %100k family wouldn't go past 10% of income for
premiums before their squawking about "unfairness" would be heard, and
rightfully so. Still less than they're paying now, but their expense
should be
poker run edition boats capped. Only fair.
Congress can address this as it comes up. (haha)
Likewise the tax for not carrying insurance. That can easily be raised
to near the cost of what they would pay in premiums, bringing those
deadbeats to heel.
Some will call this overbearing government. Others will call it civic
responsibility. In any case, there will be tweaks to the law.
Well what other kind of options are viable for you?

Last edited by BountyHunter97 : October 1st 12 at 06:11 AM
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First recorded activity by BoatBanter: Jan 2012
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Default Affordable Care Act...

On 6/28/2012 9:20 AM, X ` Man wrote:
...Constitutional...


This will be one more additional government program that is
underfunded and will cause higher taxes and make the United
States economy even worse. 10, 20 or 30 years from now we
will be suffering sever problems with S.S., Medicaid, government
pensions, military pensions, food stamp programs, etc.
The answer is to cut back on benefits, but with such a high
percentage of the population sucking on the government breast
the politicians can't do the right thing.
We are becoming a third rate nation.
Mikek

Why is it a foreigner can come here and in 15 years
have a net worth in the top 15%, but a native finds
food stamps, public housing and medicaid a way of life?

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Default Affordable Care Act...

On Friday, June 29, 2012 7:26:40 AM UTC-4, amdx wrote:
On 6/28/2012 9:20 AM, X ` Man wrote:
...Constitutional...


This will be one more additional government program that is
underfunded and will cause higher taxes and make the United
States economy even worse. 10, 20 or 30 years from now we
will be suffering sever problems with S.S., Medicaid, government
pensions, military pensions, food stamp programs, etc.
The answer is to cut back on benefits, but with such a high
percentage of the population sucking on the government breast
the politicians can't do the right thing.
We are becoming a third rate nation.
Mikek

Why is it a foreigner can come here and in 15 years
have a net worth in the top 15%, but a native finds
food stamps, public housing and medicaid a way of life?


Because they are hungry for something better, and have a good work ethic.

The vast majority of "natives" grow up wanting for little, and the work ethic has been bred out of them, instead replace by a sense of entitlement. The child rearing revolution of the 80's, and the fact we no longer use red ink in school or keep little league score is also a big factor. Basically, we're raising generations of self-centered, spoiled brats.

As evidenced right here, *some* families actually started that practice 60+ years ago.
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First recorded activity by BoatBanter: Aug 2011
Posts: 1,646
Default Affordable Care Act...

On 6/29/12 8:46 AM, wrote:
On Friday, June 29, 2012 7:26:40 AM UTC-4, amdx wrote:
On 6/28/2012 9:20 AM, X ` Man wrote:
...Constitutional...


This will be one more additional government program that is
underfunded and will cause higher taxes and make the United
States economy even worse. 10, 20 or 30 years from now we
will be suffering sever problems with S.S., Medicaid, government
pensions, military pensions, food stamp programs, etc.
The answer is to cut back on benefits, but with such a high
percentage of the population sucking on the government breast
the politicians can't do the right thing.
We are becoming a third rate nation.
Mikek

Why is it a foreigner can come here and in 15 years
have a net worth in the top 15%, but a native finds
food stamps, public housing and medicaid a way of life?


Because they are hungry for something better, and have a good work ethic.

The vast majority of "natives" grow up wanting for little, and the work ethic has been bred out of them, instead replace by a sense of entitlement. The child rearing revolution of the 80's, and the fact we no longer use red ink in school or keep little league score is also a big factor. Basically, we're raising generations of self-centered, spoiled brats.

As evidenced right here, *some* families actually started that practice 60+ years ago.



What are your kids doing these days? Burning womens' health clinics?



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First recorded activity by BoatBanter: Feb 2012
Posts: 88
Default Affordable Care Act...

On 6/29/2012 7:46 AM, wrote:
On Friday, June 29, 2012 7:26:40 AM UTC-4, amdx wrote:
On 6/28/2012 9:20 AM, X ` Man wrote:
...Constitutional...


This will be one more additional government program that is
underfunded and will cause higher taxes and make the United
States economy even worse. 10, 20 or 30 years from now we
will be suffering sever problems with S.S., Medicaid, government
pensions, military pensions, food stamp programs, etc.
The answer is to cut back on benefits, but with such a high
percentage of the population sucking on the government breast
the politicians can't do the right thing.
We are becoming a third rate nation.
Mikek

Why is it a foreigner can come here and in 15 years
have a net worth in the top 15%, but a native finds
food stamps, public housing and medicaid a way of life?


Because they are hungry for something better, and have a good work ethic.

The vast majority of "natives" grow up wanting for little, and the work ethic has been bred out of them, instead replace by a sense of entitlement.


The child rearing revolution of the 80's, and the fact we no longer use red ink in school or keep little league score is also a big factor.


Basically, we're raising generations of self-centered, spoiled brats.

As evidenced right here, *some* families actually started that practice 60+ years ago.


Yep! I knew all that, the question was rhetorical, but I appreciated
your answer.
Both my children are in college now, but I hope that watching their
parents live well below their means for the 18 or 20 years of their life
has rubbed off on them.
Mikek

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