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Old 07-22-2014, 08:13 PM   #621
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I work as an R&D contractor for a major orthopedics company. Thanks to the medical devices tax, my company just canned 30 people in research and my contract position can not be renewed after it expires in a year and a half. I was supposed to move into a non-contract position in the fall that would have nearly doubled my income, but it no longer exists.
Despite all of that, the most disturbing part of the deal to me is that research is being cut, and it is going to effect many more companies than mine. Say goodbye to cutting-edge American medical products.
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Old 07-22-2014, 09:09 PM   #622
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psh... we dont need "cutting edge medical products".... We gots us some Obamacare!
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Old 07-23-2014, 02:14 PM   #623
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we dont need legitimacy either.

GAO Launched an Obamacare Sting Operation?and Almost All Fake Insurance Applications Were Approved - NationalJournal.com

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An undercover operation found that the majority of fake Obamacare applications submitted were approved by the health law's enrollment system.

Fake applicants were able to get subsidized insurance coverage in 11 of 18 attempts, according to a report from the nonpartisan Government Accountability Office. The agency conducted the sting operation to test the strength of the Affordable Care Act's eligibility-verification system.

The findings will be discussed at a House Ways and Means hearing Wednesday. They were revealed in an advance copy of the testimony from Seto Bagdoyan, head of GAO's Forensic Audits and Investigative Service, provided to the Associated Press.
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Old 07-23-2014, 03:00 PM   #624
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That sounds like what happened with that guy who got a notification stating that his dog was approved for a healthcare plan... Lmao
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Old 07-25-2014, 11:20 AM   #625
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Old 07-25-2014, 05:26 PM   #626
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Originally Posted by Braineack View Post
Maybe with his pen and phone BHO will nationalize the maker and save us all.
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Old 01-27-2015, 01:23 PM   #627
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Obamacare program costs $50,000 for every American who gets health insurance | Daily Mail Online

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  • Stunning figure comes from Congressional Budget Office report that revised cost estimates for the next 10 years
  • Government will spend $1.993 TRILLION over a decade and take in $643 BILLION in new taxes, penalties and fees related to Obamacare
  • The $1.35 trillion net cost will result in 'between 24 million and 27 million' fewer Americans being uninsured – a $50,000 price tag per person at best
  • The law will still leave 'between 29 million and 31 million' nonelderly Americans without medical insurance
  • Numbers assume Obamacare insurance exchange enrollment will double between now and 2025

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Old 01-27-2015, 08:11 PM   #628
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Disclaimer: I am not a fan of single-payer health-care.

That said, $50,000 per person per decade comes out to $417 per month, which is not an outrageous figure as compared to private, non-employer-subsidized health insurance.

I would be curious to know how this compares to the average per-person burdened cost in countries with established universal healthcare.
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Old 01-27-2015, 10:07 PM   #629
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Right, but the promise was drastically reduced costs because of (cough) government efficiency and the savings of preventative vs. emergency treatment.
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Old 01-27-2015, 10:13 PM   #630
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Don't forget your $10,000 deductible
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Old 01-27-2015, 11:48 PM   #631
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why medical bills are killing us
Attached Files
File Type: pdf MedicalCostsDemandAndGreed.pdf (449.5 KB, 129 views)
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Old 01-27-2015, 11:59 PM   #632
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What happens if my friend claimed before hand a set salary per year, and thus obtained obama care at a "subsidized" tax credit cost, said friend paid for this insurance for the duration of the year, and come tax season for that year realizes he made under half of his projected income, and now falls under the minimum wage bar where he would have had to get medicaid ?
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Old 01-28-2015, 11:09 AM   #633
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Quote:
Originally Posted by 05pearl View Post
Don't forget your $10,000 deductible
Those aren't legal anymore, much to my dismay. I used to have that plan when I was self-employed.

My family out-of-pocket max is now $3k. I think that's annoyingly low, but the premiums are employer-subsidized so I'm not going to complain.




Quote:
Originally Posted by orlmiata View Post
why medical bills are killing us
TL;DR.

Medical bills are not killing "us." They are burdensome for a certain relatively small percentage of the population who, for a variety of reasons, have found themselves in a position in which they are unable to maintain an adequate standard of living for themselves.



Quote:
Originally Posted by etikoner View Post
What happens if my friend claimed before hand a set salary per year, and thus obtained obama care at a "subsidized" tax credit cost, said friend paid for this insurance for the duration of the year, and come tax season for that year realizes he made under half of his projected income, and now falls under the minimum wage bar where he would have had to get medicaid ?
Just a guess, since I haven't read the code, but the majority of federally run and subsidized programs (at least, those which involve the direct transfer of money) provide for the filing of amended statements after the fact.

(Think IRS amended returns.)
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Old 01-28-2015, 12:24 PM   #634
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Quote:
Originally Posted by Joe Perez View Post
Those aren't legal anymore, much to my dismay. I used to have that plan when I was self-employed.

My family out-of-pocket max is now $3k. I think that's annoyingly low, but the premiums are employer-subsidized so I'm not going to complain.
$7,500 Max out of pocket/year. "Family" wife & I EDIT: Actually, not quite true... $7,500 max out of pocket on "covered costs"

$17,244 annual insurance premiums. Being self-employed means I get to deduct 100% "above the line" so the rest of you at least get to subsidize me... Thank you!

Seriously, my premiums are 28% less than before "Obamacare". My wife's are 20% higher (she's the picture of health...)


Quote:
Originally Posted by Joe Perez View Post
TL;DR.

Medical bills are not killing "us." They are burdensome for a certain relatively small percentage of the population who, for a variety of reasons, have found themselves in a position in which they are unable to maintain an adequate standard of living for themselves.
Care to expound?

Last edited by bahurd; 01-28-2015 at 01:53 PM.
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Old 01-28-2015, 03:48 PM   #635
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So your wife's plan doesn't cover you? Or you just choose not to have it work that way?
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Old 01-28-2015, 04:24 PM   #636
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Originally Posted by Chiburbian View Post
So your wife's plan doesn't cover you? Or you just choose not to have it work that way?
No, we each have our own plan. Cheaper than a "family" plan... And it actually evolved over the past 5 years when I started my own company. It was cheaper then because of pre-existing condition to have separate plans.

For my $$$ the ACA has + and - so we'll see how it evolves.
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Old 01-28-2015, 04:49 PM   #637
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Understood.
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Old 01-28-2015, 05:43 PM   #638
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Quote:
Originally Posted by bahurd View Post
Care to expound?
What's to expound upon? Most Americans are not being killed by medical bills. It's an extremely straightforward concept which I can't really state in simpler language.
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Old 01-28-2015, 05:44 PM   #639
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Quote:
Originally Posted by Joe Perez View Post

What's to expound upon? Most Americans are not being killed by medical bills. It's an extremely straightforward concept which I can't really state in simpler language.
Can confirm. Am American, have no medical bills and adequate affordable insurance.
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Old 01-28-2015, 07:13 PM   #640
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edited for relevance.

Last edited by bahurd; 01-28-2015 at 08:41 PM.
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