"Obamacare" will result in skyrocketing insurance costs and physicians leaving the field in droves, making it harder to afford and find medical care. It is the grimreaper's desire for you to have obamacare.
The sections described below are taken from HR 3590 as agreed to by the Senate and from the reconciliation bill as displayed by the Rules Committee.
Obamacare
1. You are young and don’t want health insurance? You are starting up a small business and need to minimize expenses, and one way to do that is to forego health insurance? You have to pay $750 annually for the “privilege.” (Section 1501)
2. You are young and healthy and want to pay for insurance that reflects that status? You’ll have to pay for premiums that cover not only you, but also the guy who smokes three packs a day, drink a gallon of whiskey and eats chicken fat off the floor. That’s because insurance companies will no longer be able to underwrite on the basis of a person’s health status. (Section 2701).
(This will drive insurance companies out of business. It will cause insurance companies to be insolvent as the federal government. If an insurance company tries to raise the premium cost to cover their increase costs obama will deem the request “unreasonable” by the Secretary of Health and Human Services and it will be denied. (Section 1003).
Many people will not own a policy until they get ill because of this provision. Its like waiting to buy auto insurance until after you have an accident because the insurance company must insure you for any reason at any time. Obama again is destroying the economy by destroying insurance companies. Obama is a marxist who knows free enterprise must be destroyed before the communist/socialist controlled state takes over.) Story Reports
3. You would like to pay less in premiums by buying insurance with lifetime or annual limits on coverage? Health insurers will no longer be able to offer such policies, even if that is what customers prefer. (Section 2711).
(This is a direct assault on the consumer and insurance company. The government has no Constitutional authority to tell you what policy you can purchase to help keep yourself healthy. Obama wants to make sure your not healthy by telling you what to like in a dictatorship.) Story Reports
4. Think you’d like a policy that is cheaper because it doesn’t cover preventive care or requires cost-sharing for such care? Tough. Health insurers will no longer be able to offer policies that do not cover preventive services or offer them with cost-sharing, even if that’s what the customer wants. (Section 2712).
(This also is designed to drive insurance costs up to the point insurance companies must fold. Obama is telling any aand all health insurance companies what they must do. Obama is also telling business they must purchase a specific policy that covers everything. The cost of this type of policy will be a burden on business. Business will pass this cost onto you and me. Obama is counting on you not to realize this. Also obama has decreed illegal aliens must also have obamacare at NO COST. The American taxpayer must pay for the premiums of illegal aliens!) Story Reports
5. You are an employer and you would like to offer coverage that doesn’t allow your employees’ slacker children to stay on the policy until age 26? (Section 2714).
6. You must buy a policy that covers ambulatory patient services, emergency services, hospitalization, maternity and newborn care, mental health and substance use disorder services, including behavioral health treatment; prescription drugs; rehabilitative and habilitative services and devices; laboratory services; preventive and wellness services; chronic disease management; and pediatric services, including oral and vision care.
You’re a single guy without children? Your policy must cover pediatric services. You’re a woman who can’t have children? Your policy must cover maternity services. You’re a teetotaler? Tough, your policy must cover substance abuse treatment. (Add your own violation of personal freedom here.) (Section 1302).
(This is all designed to destroy insurance companies and it will.) Story Reports
7. Do you want a plan with lots of cost-sharing and low premiums? Well, the best you can do is a “Bronze plan,” which has benefits that provide benefits that are actuarially equivalent to 60% of the full actuarial value of the benefits provided under the plan. Anything lower than that, tough. (Section 1302 (d) (1) (A))
(I wonder if obama has a "bronze" plan?) Story Reports
8. You are an employer in the small-group insurance market and you’d like to offer policies with deductibles higher than $2,000 for individuals and $4,000 for families? Tough. (Section 1302 (c) (2) (A).
9. If you are a large employer (defined as at least 50 employees) and you do not want to provide health insurance to your employee, then you will pay a $750 fine per employee (It could be $2,000 to $3,000 under the reconciliation changes). Think you know how to better spend that money? Tough. (Section 1513).
(Think what this will do to employers that don't offer insurance. Obama fines $750 to $3,000 dollars. If its just $750 that would amount to $37,500. If its $3,000. per employee that would amount to $150,000. An employer with 49 employees or less would not pay this fine. So an employer with 50 employees or over will possibly fire several to avoid the obamacare fine. This will be a loss of jobs because of obamacare. Remember obama is destroying the economy on purpose and employment will decrease because of obamacare. This is obama's way of causing employers to layoff or fire people.) Story Reports
10. You are an employer who offers health flexible spending arrangements and your employees want to deduct more than $2,500 from their salaries for it? Sorry, can’t do that. (Section 9005 (i)).
11. If you are a physician and you don’t want the government looking over your shoulder? . The Secretary of Health and Human Services is authorized to use your claims data to issue you reports that measure the resources you use, provide information on the quality of care you provide, and compare the resources you use to those used by other physicians. Of course, this will all be just for informational purposes. It’s not like the government will ever use it to intervene in your practice and patients’ care. Of course not. (Section 3003 (i))
12. If you are a physician and you want to own your own hospital, you must be an owner and have a “Medicare provider agreement” by Feb. 1, 2010. (Dec. 31, 2010 in the reconciliation changes.) If you didn’t have those by then, you are out of luck. (Section 6001 (i) (1) (A))
13. If you are a physician owner and you want to expand your hospital? Well, you can’t (Section 6001 (i) (1) (B). Unless, it is located in a country where, over the last five years, population growth has been 150% of what it has been in the state (Section 6601 (i) (3) ( E)). And then you cannot increase your capacity by more than 200% (Section 6001 (i) (3) (C)).
14. You are a health insurer and you want to raise premiums to meet costs? Well, if that increase is deemed “unreasonable” by the Secretary of Health and Human Services it will be subject to review and can be denied. (Section 1003)
(This is obamacare's way of keeping costs "low" by keeping premiums low and driving insurance companies out of business because they can't afford to insure people. Any business will fold if it can't increase costs as the cost of business increases. Obama has "insured" the cost to insurance companies will explode and insurance companies will not be able to contain cost increases nor raise premium cost to cover increased obamacare costs. Obama must first drive insurance companies out of business before the only healthcare available is obamacare. Obamacare is just an empty IOU to get in a cue or waiting line. It is an empty promise for healthcare. Obama's IOU is in fact a "death certificate" issued in advance.) Story Reports
15. The government will extract a fee of $2.3 billion annually from the pharmaceutical industry. If you are a pharmaceutical company what you will pay depends on the ratio of the number of brand-name drugs you sell to the total number of brand-name drugs sold in the U.S. So, if you sell 10% of the brand-name drugs in the U.S., what you pay will be 10% multiplied by $2.3 billion, or $230,000,000. (Under reconciliation, it starts at $2.55 billion, jumps to $3 billion in 2012, then to $3.5 billion in 2017 and $4.2 billion in 2018, before settling at $2.8 billion in 2019 (Section 1404)). Think you, as a pharmaceutical executive, know how to better use that money, say for research and development? Tough. (Section 9008 (b)).
(No only will this bill cause employers to fire people to avoid obama fines it will cause your pharmaceutical drug costs to go up. Pharmaceutical companys will raise their prices to pay this mandated fee or tax and you will help pay for obamacare in this way also. Yes you will pay for obamacare when going to the drug store. Obama is a FRAUD who wants to tax you and America out of existence!) Story Reports
16. The government will extract a fee of $2 billion annually from medical device makers. If you are a medical device maker what you will pay depends on your share of medical device sales in the U.S. So, if you sell 10% of the medical devices in the U.S., what you pay will be 10% multiplied by $2 billion, or $200,000,000. Think you, as a medical device maker, know how to better use that money, say for R&D? Tough. (Section 9009 (b)).
(Again if you use or buy any kind of "medical device" you will share in the cost of this also because medical device makers will raise their prices to offset this new fee or tax from obama. Yes again you will be paying for obamacare in this way also!) Story Reports
The reconciliation package turns that into a 2.9% excise tax for medical device makers. Think you, as a medical device maker, know how to better use that money, say for research and development? Tough. (Section 1405).
17. The government will extract a fee of $6.7 billion annually from insurance companies. If you are an insurer, what you will pay depends on your share of net premiums plus 200% of your administrative costs. So, if your net premiums and administrative costs are equal to 10% of the total, you will pay 10% of $6.7 billion, or $670,000,000. In the reconciliation bill, the fee will start at $8 billion in 2014, $11.3 billion in 2015, $1.9 billion in 2017, and $14.3 billion in 2018 (Section 1406).Think you, as an insurance executive, know how to better spend that money? Tough.(Section 9010 (b) (1) (A and B).)
(This will drive insurance companys out of business. These companies must be able to take in more than they pay out and obamacare does not allow this unless his panel allows this. Companies are not in business to "break even". If that increase is deemed “unreasonable” by the Secretary of Health and Human Services it will be subject to review and can be denied. (Section 1003) Obama will "deem" increases unreasonable.) Story Reports
18. If an insurance company board or its stockholders think the CEO is worth more than $500,000 in deferred compensation? Tough.(Section 9014).
19. You will have to pay an additional 0.5% payroll tax on any dollar you make over $250,000 if you file a joint return and $200,000 if you file an individual return. What? You think you know how to spend the money you earned better than the government? Tough. (Section 9015).
(This is an additional hidden tax for Americans. Of course these people if self employed will pass their costs on to you just lik a corporation. This is an additional double tax. $5,000 or more. Tax tax and more tax. This also is a penalty that costs you more if you are married. Its like welfare that encourages non marriage. Also crack heads can now feel free to spawn as many illegitimate babies as the system can stand.) Story Reports
That amount will rise to a 3.8% tax if reconciliation passes. It will also apply to investment income, estates, and trusts. You think you know how to spend the money you earned better than the government? Like you need to ask. (Section 1402).
20. If you go for cosmetic surgery, you will pay an additional 5% tax on the cost of the procedure. Think you know how to spend that money you earned better than the government? Tough. (Section 9017).
(Nany botox pelosi will pay more.)
(So you see obamacare will cost you the individual taxpayer much much more than you think, Much more. Obamacare wants to tax you into the grave! Obamacare is obama's way of softly killing you. Obama really is the grim reaper.) Story Reports
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