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Un-Affordable Care Act
Posted: Fri Jun 14, 2013 12:41 pm
by _subgenius
Coverage may be unaffordable for low-wage workers:
"companies with 50 or more full-time workers are required to offer coverage that meets certain basic standards and costs no more than 9.5 percent of an employee's income. Failure to do so means fines for the employer. (Full-time work is defined as 30 or more hours a week, on average.)
But do the math from the worker's side: For an employee making $21,000 a year, 9.5 percent of their income could mean premiums as high as $1,995 and the insurance would still be considered affordable."http://news.yahoo.com/coverage-may-unaf ... 22273.htmlthe evidence is continually concluding that Obama is not corrupt but just plain old inept.
Re: Un-Affordable Care Act
Posted: Fri Jun 14, 2013 5:01 pm
by _Brackite
Remember, Not one single Republican in the House or in the Senate voted for this. President Obama and the Democrats totally own this
Re: Un-Affordable Care Act
Posted: Fri Jun 14, 2013 6:53 pm
by _subgenius
Brackite wrote:Remember, Not one single Republican in the House or in the Senate voted for this. President Obama and the Democrats totally own this
Yawn, that does not absolve Obama, but thanks for trying....proving other people are inept does not meant that Obama is not inept.
Re: Un-Affordable Care Act
Posted: Sat Jun 15, 2013 7:56 am
by _krose
Couple of questions for you about the ACA:
1 - At what incomes will people be eligible for Medicaid coverage?
2 - At what income levels will people be eligible for subsidies to help them purchase insurance?
3 - How do these answers affect the examples in the article?
Re: Un-Affordable Care Act
Posted: Sat Jun 15, 2013 7:04 pm
by _subgenius
krose wrote:Couple of questions for you about the ACA:
1 - At what incomes will people be eligible for Medicaid coverage?
2 - At what income levels will people be eligible for subsidies to help them purchase insurance?
3 - How do these answers affect the examples in the article?
medicaid is only for those making $16k or less.
subsidies are not available when employer offers a plan...you would only be eligible if you were 1 to 4 time below poverty level...at which case you would still have to pay the 9.5% noted in the article....if your employer does not offer insurance then you pay 5.9% with the remaining being "subsidized".
so, do the math...the article is spot on and you are in a fantasy
Re: Un-Affordable Care Act
Posted: Mon Jun 17, 2013 5:25 am
by _krose
As far as I can tell, those numbers look accurate. Medicaid coverage will jump up to 138% of the poverty level, and subsidies for buying from the exchange will be available up to 400% of the poverty level. But the gloomy outlook of this article seems to depend on employers intentionally adopting insurance plans that their low-wage employees will not take, just to satisfy the coverage requirements.
It's also saying that 10% of a hypothetical single person's salary is too much to pay for something as important as health insurance. I wonder what that says about the same person paying tithing? I also wonder what kind of insurance this person making 20K/year has now?
Yes, the ACA is awful compared to what's available in other countries. It's only good compared to what it's replacing, which is a national embarrassment. But it's too bad we are still stuck with relying on employers for health insurance.
Re: Un-Affordable Care Act
Posted: Mon Jun 17, 2013 2:51 pm
by _subgenius
Something so important as health insurance??
I thought health care was the issue.
My EQ secretary has a GED and a job at a local pizza hut. He was informed that due to the ACA, hours are being cut and he would no longer receive the previously employer provided insurance, but would be able to pay for the new plan which runs him about 9%
It is a troubling position as his wife is 7 months pregnant.
As For tithing, that is a different measure and a different topic, stay focused, please.
Re: Un-Affordable Care Act
Posted: Tue Jun 18, 2013 4:16 am
by _bcspace
the evidence is continually concluding that Obama is not corrupt but just plain old inept.
I wouldn't let him hide behind that excuse. by the way, didn't we have Analytics try to foist off on us some type of 4% number for companies reducing hours because of Obamacare? The change in the industries I handle alone are probably more than 4% of the national total. The news about Wal Mart now hiring almost exclusively full time unbenefitted temps as their long time ee's have a hard time getting full time has got to hurt too.
Re: Un-Affordable Care Act
Posted: Tue Jun 18, 2013 4:36 am
by _Kittens_and_Jesus
When I first entered the workforce, about a 14 years ago, I could purchase insurance for my family for about $150 a month with a $1500 deductible. I just checked the going rate at Utah's health exchange and I can get coverage for my family at about $200 a month with a $10-20,000 deductible.
Not too long ago the CEO for UHC retired and gave himself a billion dollar golden parachute.
Something is wrong with this picture.
Re: Un-Affordable Care Act
Posted: Tue Jun 18, 2013 7:51 pm
by _krose
Yes, comparing spending 10% of income on tithing to spending 10% on health insurance is just so different.
I'm sure Mormons would be completely sympathetic to the notion that tithing is unaffordable for low income members.