So that happened...

[Biggiesized]

http://us.cnn.com/2009/POLITICS/12/24/health.care/index.html

Any guesses where this will head now?

 

[highfigh]

http://us.cnn.com/2009/POLITICS/12/24/health.care/index.html

Any guesses where this will head now?

I have a friend who's already paying $30K/yr and now, it looks like this bill will add another $5K.

Edit- the Cadillac policies will be subject to a 40% tax, so this bill adds $12K to his premiums, to a freaking unbelievable total of $42,000 per year, for health coverage.

I don't know how more people can be covered at lower cost to all. That makes absolutely no sense. If Congress thinks the medical industry/field will drop their costs and strap on roller skates to be able to deal with all of the extra patients they'll have (assuming all of the uninsured will flock to clinics and hospitals for treatment), while cutting the cost to people who pay taxes and insurance premiums, I'd like to see a detailed explanation. Treating more people and removing the 'pre-existing condition' clause with governmental oversight can't be done at a lower cost.

 

[jvgillow]

If that's a $30,000 family policy, the 40% would only be applied to the amount beyond $21,000, not the whole amount. So it would have $3600 in tax charged to the insurance company. The amount of increase passed to the consumer would depend on the provider's policies.

If it's an individual plan, then the tax would be $8800 since the cutoff is $8,000 before the 40% kicks in.

 

[Audioholics]

I'm all but certain they will take away my ability to have a high deductible health insurance plan (HSA). That just makes too much sense and I don't pay nearly "enough"...

 

[highfigh]

If that's a $30,000 family policy, the 40% would only be applied to the amount beyond $21,000, not the whole amount. So it would have $3600 in tax charged to the insurance company. The amount of increase passed to the consumer would depend on the provider's policies.

If it's an individual plan, then the tax would be $8800 since the cutoff is $8,000 before the 40% kicks in.

And that should make him feel better about it how?

I don't know why Congress calls policies like his 'Cadillac plan' when it's the insurance companies who set the rates and since it's not possible to shop outside of our state for coverage, we're stuck with higher rates because of the companies we have. I find it ironic that Congress even has the balls to tell private individuals that their coverage is excessive, in light of the fact that they wouldn't take the plans we have if they were given the choice between ours and what they have.

It's time for Congress to be less like royalty and more like the rest of us, in how they're compensated. Who, exactly, came up with the pay package where they serve one term and automatically have a full-pay pension, for life?

 

[tcarcio]

Any guesses where this will head now?

Right up our *** whether you want it to or not..........

 

[Ares]

This is were it's headed.

http://www.youtube.com/watch?v=hYIC0eZYEtI

This one is here just for fun.
http://www.youtube.com/watch?v=FdYfYugvVL4&feature=related