And here come the taxes - Obamacare Fees

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KB

Diamond Member
Nov 8, 1999
5,401
386
126
"There’s also a $2 fee per policy that goes into a new medical-research trust fund called the Patient Centered Outcomes Research Institute."

Oh my, the governemnt loves its trust funds. Remember how much was in the Social Security trust fund before it was all spent?
 

KB

Diamond Member
Nov 8, 1999
5,401
386
126
"There’s also a $2 fee per policy that goes into a new medical-research trust fund called the Patient Centered Outcomes Research Institute."

Oh my, the governemnt loves its trust funds. Remember how much was in the Social Security trust fund before it was all spent?
 

senseamp

Lifer
Feb 5, 2006
35,787
6,195
126
This is also complete BS. The ideal has never been given a chance? Dude I hate to break it to you, but communism (which is the ultimate definition of wealth transfer) has been tried all over the globe. And with limited exception it has utterly failed every time. China is a notable exception, but its success is more attributable to the Chinese government's recent relaxation of communist practices.

Fair enough, but this goes both ways.
Free market health care has been given a chance too, and it failed. That's why we got Medicare, Medicaid, and now Obamacare.
Universal health coverage, either government paid or with an insurance mandate, has also been tried in industrialized countries all over the globe. And they get better health outcomes while spending half of what we do on health care.
 
Nov 8, 2012
20,828
4,777
146
To the right wing, the 8 most dangerous words in the English language "Hi, I'm your neighbour nice to meet you." These people despise society and the very idea that they share in that society makes their skin crawl. You see Reagan taught them well. That from their hard work an injustice is incurred. Some place, somewhere there is black person buying a T-bone steak with food stamps, some redneck with a car on blocks in the front yard but a big screen in the window. The men of "pure" labor are being robbed and their wealth is being shared. Reagan and his right wing children are soiled wholly in the indoctrination of victimhood.

You don't live in the south, do you detective dip shit? People in the south are some of the friendlist around ya'll. People living in crunched apartment complex's are the one's that lack any social interaction.
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
You don't live in the south, do you detective dip shit? People in the south are some of the friendlist around ya'll. People living in crunched apartment complex's are the one's that lack any social interaction.

The South has dramatically more violent crime than any other geographic area of the US.

That doesn't sound very friendly to me.
 

Fern

Elite Member
Sep 30, 2003
26,907
173
106
-snip-
....my point in this thread is to complain about yet another thinly veiled wealth transfer.

Yes, it is a wealth transfer scheme.

The Dems can no longer do it with income tax law so they decided to screw up our HC system by hijacking for wealth transfer purposes.

It's a rather curious transfer scheme though. Why the healthy and young should be called upon to transfer wealth to the old and sick is puzzling. I suppose once they get all involved in transferring wealth they just get carried away with it.

Fern
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
Yes, it is a wealth transfer scheme.

The Dems can no longer do it with income tax law so they decided to screw up our HC system by hijacking for wealth transfer purposes.

It's a rather curious transfer scheme though. Why the healthy and young should be called upon to transfer wealth to the old and sick is puzzling. I suppose once they get all involved in transferring wealth they just get carried away with it.

Fern

That's probably it. The just get so crazy with the wealth transfers!

All health insurance is a transfer of wealth from the healthy to the sick. Just like car insurance is a transfer of wealth from the people not in car accidents to the people in car accidents.

While I agree that a single payer system would be preferable, that would also be a wealth transfer from the healthy to the sick. I imagine in that case you would be telling us how it's evil socialism though.
 

senseamp

Lifer
Feb 5, 2006
35,787
6,195
126
Yes, it is a wealth transfer scheme.

The Dems can no longer do it with income tax law so they decided to screw up our HC system by hijacking for wealth transfer purposes.

It's a rather curious transfer scheme though. Why the healthy and young should be called upon to transfer wealth to the old and sick is puzzling. I suppose once they get all involved in transferring wealth they just get carried away with it.

Fern

It's puzzling for rightwingers that healthy young, and affluent should provide for care for the old, sick, and poor? Comfort the comfortable and afflict the afflicted?
 

Hayabusa Rider

Admin Emeritus & Elite Member
Jan 26, 2000
50,879
4,266
126
It's puzzling for rightwingers that healthy young, and affluent should provide for care for the old, sick, and poor? Comfort the comfortable and afflict the afflicted?

I'm not in favor of lying for you to get what you say they don't want. Then I'm not in favor of what you have demonstrated you are for either. People ought to have a chance to get quality care and neither side wants that. They want to win.
 

senseamp

Lifer
Feb 5, 2006
35,787
6,195
126
I'm not in favor of lying for you to get what you say they don't want. Then I'm not in favor of what you have demonstrated you are for either. People ought to have a chance to get quality care and neither side wants that. They want to win.

For all the complaining, Obamacare will give a lot of people a chance to get quality care. I personally know people who are delaying care until next year when they get Obamacare.
 

Fern

Elite Member
Sep 30, 2003
26,907
173
106
It's puzzling for rightwingers that healthy young, and affluent should provide for care for the old, sick, and poor? Comfort the comfortable and afflict the afflicted?

How are the affluent having their wealth transferred?

Premiums aren't based on your income/wealth. In European systems where HC is paid for with a tax on your salary etc I could see that claim, but not with Obamacare.

Fern
 

Specop 007

Diamond Member
Jan 31, 2005
9,454
0
0
Fair enough, but this goes both ways.
Free market health care has been given a chance too, and it failed. That's why we got Medicare, Medicaid, and now Obamacare.
Universal health coverage, either government paid or with an insurance mandate, has also been tried in industrialized countries all over the globe. And they get better health outcomes while spending half of what we do on health care.

Thats actually not true. Free market healthcare was a resounding success, offering top tier helathcare to those who had insurance. The problem, the ultimate turning point to the road to failure, was 2 part. Firstly it was assuming we needed to provide healthcare to every man woman and child regardless of their contribution to society and secondly it was legislation which forced hospitals to do so.

If anything healthcare is the perfect point to prove government interference DOESNT work. Healthcare is one of the most strictly regulated industries out there. Can insurance providers cross state lines? Can hospitals refuse service? The list goes on.
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
How are the affluent having their wealth transferred?

Premiums aren't based on your income/wealth. In European systems where HC is paid for with a tax on your salary etc I could see that claim, but not with Obamacare.

Fern

Premiums for the poor are subsidized.

The ACA levies an additional tax of 0.9% on joint incomes over $250,000, in part to pay for premium subsidies. Additionally, there is a new tax of 3.9% on unearned income for filers with a joint AGI in excess of $250,000.
 

Specop 007

Diamond Member
Jan 31, 2005
9,454
0
0
How are the affluent having their wealth transferred?

Premiums aren't based on your income/wealth. In European systems where HC is paid for with a tax on your salary etc I could see that claim, but not with Obamacare.

Fern

The premiums one pays are absolutely are based on your income.

The premium itself is roughly equal for everyone. It doesnt cost an insurer more to insure a low skill worker as it does a high skill worker. What does change is the out of pocket the insured pays to cover the premium. In the case of the low wage worker he wont pay nearly as much of his premium as a higher income worker does.

The low wage workers premium is covered mostly by the government, which gets the money via taxation and requiring healthy people and middle class people to cover the premiums of the low wage worker. ACA is absolutely a wealth redistribution mechanism.
 

Fern

Elite Member
Sep 30, 2003
26,907
173
106
Premiums for the poor are subsidized.

I understand that. But you needn't be affluent to fail to qualify for a subsidy. I.e., it's a wealth transfer from the non-poor to the poor. To claim the affluent is incorrect by omission.

The ACA levies an additional tax of 0.9% on joint incomes over $250,000, in part to pay for premium subsidies. Additionally, there is a new tax of 3.9% on unearned income for filers with a joint AGI in excess of $250,000.

We were talking about premiums. The two items you mentioned are not premiums, but taxes.

(But now that I think about more there might be some kind of tax actually levied on premiums. I think I saw that claimed last night. I believe the annual amount quoted was about $277. In any case, it's not just for the affluent.)

Again, if you want to see a real transfer from the affluent look to the European model.

Fern
 

Hugo Drax

Diamond Member
Nov 20, 2011
5,647
47
91
You are factually wrong. I love your ideas but in the real world its bullshit, and we both know it. Theres a hell of a lot of people who wont ever work no matter how hungry they get. All you have to do is look at "someone gotta pay for all these kids" to see the proof of that. The idea that if we provide a basic standard of living for people they will be motivated to work is laughable immature.

Well the final solution to the moocher problem would be a program of eugenics coupled with summary execution of the criminal element.
 

senseamp

Lifer
Feb 5, 2006
35,787
6,195
126
Thats actually not true. Free market healthcare was a resounding success, offering top tier helathcare to those who had insurance. The problem, the ultimate turning point to the road to failure, was 2 part. Firstly it was assuming we needed to provide healthcare to every man woman and child regardless of their contribution to society and secondly it was legislation which forced hospitals to do so.

If anything healthcare is the perfect point to prove government interference DOESNT work. Healthcare is one of the most strictly regulated industries out there. Can insurance providers cross state lines? Can hospitals refuse service? The list goes on.

If free market health care was such a success, why was Medicare created?
Which man woman or child should get no health care?
Who signed the legislation that forced hospitals to treat all comers?
Do you really want to make health insurance interstate commerce instead of something regulated at the state level?
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
I understand that. But you needn't be affluent to fail to qualify for a subsidy. I.e., it's a wealth transfer from the non-poor to the poor. To claim the affluent is incorrect by omission.

We were talking about premiums. The two items you mentioned are not premiums, but taxes.

(But now that I think about more there might be some kind of tax actually levied on premiums. I think I saw that claimed last night. I believe the annual amount quoted was about $277. In any case, it's not just for the affluent.)

Again, if you want to see a real transfer from the affluent look to the European model.

Fern

They are taxes that exist in large part to support premium subsidies. Attempting to separate the two is wrong.

You asked, I answered.
 

Fern

Elite Member
Sep 30, 2003
26,907
173
106
If free market health care was such a success, why was Medicare created?
-snip-

Medicare wasn't created because of any free market failure in HC. The program has its roots going back to the early 1900's when the poverty rate was high.

Medicare and its predecessors were subsidy programs to help the poor.

Fern
 

Fern

Elite Member
Sep 30, 2003
26,907
173
106
They are taxes that exist in large part to support premium subsidies. Attempting to separate the two is wrong.

You asked, I answered.

Are the taxes going into a trust?

If not, we don't know where that money will be spent. IMO, they were added to make the thing not appear to be so expensive (e.g., for CBO estimate purposes), like the tax on medical equipment.

Fern
 

senseamp

Lifer
Feb 5, 2006
35,787
6,195
126
Medicare wasn't created because of any free market failure in HC. The program has its roots going back to the early 1900's when the poverty rate was high.

Medicare and its predecessors were subsidy programs to help the poor.

Fern

So you are saying the free market couldn't take care of the poor?
 

fskimospy

Elite Member
Mar 10, 2006
84,812
49,499
136
Are the taxes going into a trust?

If not, we don't know where that money will be spent. IMO, they were added to make the thing not appear to be so expensive (e.g., for CBO estimate purposes), like the tax on medical equipment.

Fern

How do we know the extra premium dollars being paid by the healthy are going to fund the sick? Maybe they are being used to pay for janitors at the company.

Yes, money is fungible. That is also irrelevant.

The ACA increased government expenditures by X dollars per year in order to provide premium support for the poor. The ACA also increased revenues by Y dollars per year. Since the government is now legally obligated to pay X, Y directly decreases government borrowing requirements.

By your logic nothing that gets its fiscal support from general revenues can ever be paid for by taxes in its legislation. That's silliness.
 

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,425
8,388
126
Ugh. When are we as Americans going to get fed up with this BS and revert to the federal government our forefathers intended? One with LIMITED powers and which is run by people who's head is far enough removed from their ass that they can at least read the bills they vote to pass.
when we go back to being an agrarian society with virtually unlimited land
 
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