Obamacare premiums going way up for many (22% on average)

[sportage]

Healthcare????? Obamacare????
Are we still talking about this?
Hell America, millions of you have exactly three months of coverage remaining.
Because on January 21st 2017, the healthcare rug will be pulled out from under you.
And what Obamacare costs or how much premiums might rise.... IT WILL NO LONGER MATTER, YOU FREAKING IDIOTS.
For YOU, its back to the ER.
And hospital billings in the mail of hundreds and hundreds of dollars, with the words printed on the lower statement DUE IMMEDIATELY.

So why gripe about Obamacare? YOU WILL NO LONGER HAVE IT!
And god forbid you need some life saving medication on a daily basis.
Like insulin or heart meds or cancer treatments for a member of the family.
THEY WILL DIE! DIG THE HOLE ALREADY!
You won't need worry about healthcare after January 21st 2017.
Newly elected president Donald Trump and his Paul Ryan republican congress are standing by just itching to replace your repealed Obamacare.
You DO realize that, do you not?
Ha Ha...
Ha Ha HA....
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA...

 

[gorb]

MIL's premium increasing from ~$182/mo to ~$800/mo next year. Most copays are doubling or tripling. Gonna have to find her a new plan :/

 

[highland145]

Let's say someone is screwing you & friends to the tune of 1million dollars. The gubmint steps in to protect some of them, but evidently not enough in your case thus prompting the rant here. I can sympathize to some degree with you as a victim, but not so much your lack of perspective on the situation.

Seems obvious the solution is to do something about that screwing in the first place, but folks lashing out without the benefit of some perspective often inhibit doing the right thing.

2011, $2990/yr HI premiums. 2017, healthcare.gov, $16,800/yr premiums. I'm glad you think this is O.K.


Who's subsidizing your H.I.?

 

[agent00f]

2011, $2990/yr HI premiums. 2017, healthcare.gov, $16,800/yr premiums. I'm glad you think this is O.K.

Who's subsidizing your H.I.?

Not really surprising you can't figure out how your pool magically got 6x worse but blame the gubmint as you're told anyway.

I suppose I must be a genius in comparison to be in a pool that's largely tracked the rising cost of care.

 

[highland145]

Not really surprising you can't figure out how your pool magically got 6x worse but blame the gubmint as you're told anyway.

I suppose I must be a genius in comparison to be in a pool that's largely tracked the rising cost of care.

Come on, grow a pair. Tell me it's none of my business or lie. It's an anonymous forum, mostly, so no one will know.


Who's subsidizing your H.I.?

 

[agent00f]

Come on, grow a pair. Tell me it's none of my business or lie. It's an anonymous forum, mostly, so no one will know.

Who's subsidizing your H.I.?

I'm in private insurance pool same as I'd expect most people here just like most of the country. If you can't figure out what that means then it's unclear what you're arguing in a healthcare discussion thread for.

 

[highland145]

lol so you answer the question after being asked more than once and I'm the problem.

Just like I figured. Little to no skin in the game, comparatively, but happy to give your opinion. :thunbsup:



Any self employed left leaning members here. Curious what you think. Surely I'm not looking for unicorns.

 

[agent00f]

lol so you answer the question after being asked more than once and I'm the problem.

Just like I figured. Little to no skin in the game, comparatively, but happy to give your opinion. :thunbsup:



Any self employed left leaning members here. Curious what you think. Surely I'm not looking for unicorns.

It's very much your problem that you believe my insurance has any bearing on your inability to understand the situation.

The ACA relevant here is the attempt to create pools akin to larger employers for your dumb ass to option into, so insurers can't reject bad individual risks any more than they can tell IBM to stop employing someone with a heart condition.

At most you can rant about the pools not being properly spread, in stead of whatever dumb shit you happened to hear from conservative media catering to an ignorant audience who don't know better.

 

[highland145]

You could have just ignored my question or lied. No one would be the wiser but instead you get your panties in a twist because I guessed correctly about your subsidized H.I.

Let me just quote this as a fine example of ...anger issues?

It's very much your problem that you believe my insurance has any bearing on your inability to understand the situation.

The ACA relevant here is the attempt to create pools akin to larger employers for your dumb ass to option into, so insurers can't reject bad individual risks any more than they can tell IBM to stop employing someone with a heart condition.

At most you can rant about the pools not being properly spread, in stead of whatever dumb shit you happened to hear from conservative media catering to an ignorant audience who don't know better.

as I'd expect most people here just like most of the country

Well, that surely makes it O.K.....right...since you have little or no skin in the discussion.


I bet if you would check that subsidized HI plan you have, you could get free (or near free) anger management counseling.

 

[HumblePie]

I'm point out you think your tax rate is 25%, and still think so:

"No, I said you have deductions and credits that eat into that. "

No, not actually paying 25% is what eats into that.

Wrong. If deductions were not a thing it would be a direct application.

Make a gross income of a certain tax bracket? pay that bracket taxable amount. That is exactly what margin taxation is.

Deductions are what allow you adjust your "income" level to a lower level potentially.

Let us take a hypothetically example here. For example, if the laws were changed for 2017 to no longer allow deductions, credits, or writes of any sort.

The average single person making exactly $100,000 and claiming 0 deductions on their w2 would have the max pulled out to have their total tax pulled from their paycheck equal 25% of their income as that is their expected tax rates.

So at the end of the year they would have paid $25,000.

So when tax filing time comes around, with no deductions to claim they would already be paid in full. They made $100,000 and paid $25,000. All square. If they opted to pay less during the year, that person would have to pay out to meet the tax requirements when they file taxes.

But we have a system that allows you to adjust your gross income. Hence you are taxed on your adjusted gross income.

Assuming now that the only deduction is the "standard" deduction that is allowed and that standard deduction is 10% of your gross income, then the tax rate for the above scenario changes a little. The person didn't make $100,000 for the purpose of taxes but $90,000. Even at $90,000 that person is still in the 25% tax bracket. Which makes their tax rate at $22,500 for the year. If that person claimed 0 on their w2, the taxes taken out would equal 25% of their gross income. Which means at filing time they had paid $25,000 and were only suppose to pay $22,500. That means they would get a refund of $2,500.

Now if their deductions lowered their adjusted income to a completely lower bracket, the return could be fairly significant.

The above simple example is exactly why people always get a refund if they claim 0 on their w2 for the year. Everyone gets a standard deduction applied to their gross income. On top of that, there are other items pulled from paychecks, like 401K plans, medical premium costs, and other things are are not considered taxable as well. Which again lowers a person taxable income level further down.

THAT is the basics of how the tax system here works. Only reason I'm explaining this to you is because it seems you have no idea how it works and throwing out buzzwords like you know what the hell you are talking about in an attempt to discredit what I wrote previously.

Which you didn't do. The point I made still stands. A certain levels of income right now, people/families that are reliant upon self funding their own medical expenses get absolutely screwed.

 

[werepossum]

BS to the bolded.

Who's subsidizing your health care?

And it's OK to fuck me and other small business owners over? I know you think so.

I'm still waiting for a lefty that is in my particular boat to reply about their rates.

I don't think there are any lefties in your boat.

 

[highland145]

Well, one of us better drop some weight or we're gonna sink. I'd hate to toss Humble out but...

 

[HumblePie]

Well, one of us better drop some weight or we're gonna sink. I'd hate to toss Humble out but...

LOL

 

[agent00f]

You could have just ignored my question or lied. No one would be the wiser but instead you get your panties in a twist because I guessed correctly about your subsidized H.I.

Let me just quote this as a fine example of ...anger issues?

Well, that surely makes it O.K.....right...since you have little or no skin in the discussion.

I bet if you would check that subsidized HI plan you have, you could get free (or near free) anger management counseling.

Insurance from work is part of an employee's compensation package, which any sort of business owner should ostensibly be aware of.

Also just a heads up that people don't have to be angry to mock you, even if you are. In this case all they have to do is lay out the reality of the situation, which understandably makes you mad.

 

[agent00f]

Wrong. If deductions were not a thing it would be a direct application.

Make a gross income of a certain tax bracket? pay that bracket taxable amount. That is exactly what margin taxation is.

Deductions are what allow you adjust your "income" level to a lower level potentially.

Let us take a hypothetically example here. For example, if the laws were changed for 2017 to no longer allow deductions, credits, or writes of any sort.

The average single person making exactly $100,000 and claiming 0 deductions on their w2 would have the max pulled out to have their total tax pulled from their paycheck equal 25% of their income as that is their expected tax rates.

So at the end of the year they would have paid $25,000.

So when tax filing time comes around, with no deductions to claim they would already be paid in full. They made $100,000 and paid $25,000. All square. If they opted to pay less during the year, that person would have to pay out to meet the tax requirements when they file taxes.

But we have a system that allows you to adjust your gross income. Hence you are taxed on your adjusted gross income.

Assuming now that the only deduction is the "standard" deduction that is allowed and that standard deduction is 10% of your gross income, then the tax rate for the above scenario changes a little. The person didn't make $100,000 for the purpose of taxes but $90,000. Even at $90,000 that person is still in the 25% tax bracket. Which makes their tax rate at $22,500 for the year. If that person claimed 0 on their w2, the taxes taken out would equal 25% of their gross income. Which means at filing time they had paid $25,000 and were only suppose to pay $22,500. That means they would get a refund of $2,500.

Now if their deductions lowered their adjusted income to a completely lower bracket, the return could be fairly significant.

The above simple example is exactly why people always get a refund if they claim 0 on their w2 for the year. Everyone gets a standard deduction applied to their gross income. On top of that, there are other items pulled from paychecks, like 401K plans, medical premium costs, and other things are are not considered taxable as well. Which again lowers a person taxable income level further down.

THAT is the basics of how the tax system here works. Only reason I'm explaining this to you is because it seems you have no idea how it works and throwing out buzzwords like you know what the hell you are talking about in an attempt to discredit what I wrote previously.

Which you didn't do. The point I made still stands. A certain levels of income right now, people/families that are reliant upon self funding their own medical expenses get absolutely screwed.

I'm not kidding that you still have no clue how marginal taxation works. Megan54 kindly explained it to you in rather small words above, and it would to be your benefit to keep reading that post until you understand the concept.

To iterate, someone who doesn't know basic tax concepts has no place arguing tax policy.

 

[Svnla]

I will put this story here - http://www.forbes.com/sites/scottgo...bamacare-woe-one-patients-story/#2cfa06c2d081

So much for "affordable". LOL.

 

[brianmanahan]

I ran our stuff through the marketplace and we were offered this plan...dunno, think the deductible is too high? But, of course, the real problem with it is it's Obamacare....

the real problem is that if you are making more than 60$k MAGI per year as a couple, you have to pay the whole thing. it's a big cliff to fall off of.

my parents are stuck with that - making just too much to get the ACA deduction, so they pay %20 of their gross income on ACA insurance premium and will have to pay %25 of gross income to cover the deductible if necessary.

and the premiums in ohio did go up about %25 for their plan anyway. they can't wait to be old enough for medicare at this point.

 

[highland145]

Insurance from work is part of an employee's compensation package, which any sort of business owner should ostensibly be aware of.

Also just a heads up that people don't have to be angry to mock you, even if you are. In this case all they have to do is lay out the reality of the situation, which understandably makes you mad.

lol


The reality of what you laid out is that you're an angry little man, Stan, over something that doesn't even affect you. Check your subsidized plan for help in your area.

 

[agent00f]

lol

The reality that what you laid out is that you're an angry little man, Stan, over something that doesn't even affect you. Check your subsidized plan for help in your area.

Seem you have a lot of trouble grasping that pointing out facts is not an emotional act for folks who deal with them regularly, which puts in some perspective the kind of work you're restricted to.

You appear exactly the sort of person to accuse all those teachers who marked down your poor understanding of facts of this or that. Or wikipedia or books or education in general.

 

[highland145]

Ha more insults. You're doing it right, Stan.

 

[agent00f]

Ha more insults. You're doing it right, Stan.

In your case much like trump's, it's no great surprise that facts shine rather negatively.

 

[highland145]

That's it? Come on, Stan, embrace your anger. You can do so much better.

 

[agent00f]

That's it? Come on, Stan, embrace your anger. You can do so much better.

Seems I'm having a lot more fun than the guy threatened by facts enough to resort to mouthing off. Shouldn't your pretend knowledge of running a business come in handy somewhere here?

 

[highland145]

Hey, angry little man,

https://www.youtube.com/v/gbvCO6j03fM?start=44&end=46

the real problem is that if you are making more than 60$k MAGI per year as a couple, you have to pay the whole thing. it's a big cliff to fall off of.

my parents are stuck with that - making just too much to get the ACA deduction, so they pay %20 of their gross income on ACA insurance premium and will have to pay %25 of gross income to cover the deductible if necessary. Also post 226.

and the premiums in ohio did go up about %25 for their plan anyway. they can't wait to be old enough for medicare at this point.

Bri, tell'em that you have it on good internet authority that it's a good deal and they should just take one for the country.

 

[brianmanahan]

they're actually hoping that maybe insurance prices will drop now in 2018, if some of trump's many promises (like allowing insurance plans across state lines) to get adopted. but i doubt it.

as for #226 (things like samaritan or medishare), i've looked into those. but they have clauses which say "we don't necessarily have to pay out". it's not actually insurance. it may work most of the time, but there is no guarantee that costs will be covered beyond a deductible.

of course, if premiums continue to rise it might be worth trying it.

honestly it'd just be nice if it was still possible to pay a low premium for real catastrophic insurance (say a deductible of 25$k) and not get penalized for doing that.