So explain to me how this Obamacare crap works?
- Thread starter afjess1989
- Start date
Chasey_Lane
Salt Life
Stealing this!!!
awpitt
Main Streeter
The exchanges are not govt provided insurance. They just offer a way for people to buy private insurance with some sort of subsidy if they qualify.
somdfunguy
not impressed
Don't you have to be a full time student living at home to be covered by your parents or did that change too?
PsyOps
Pixelated
As far as I understand the exchanges, they may be government contracted insurance companies, but they are controlled by the government: who gets what level, how much, how your coverage is provided, etc... I'm sure Tilted will pop in here and clear this up though; he has a much better understanding of this than I do.
I guess it should be fairly obvious that if you can't get insurance through your company or privately, you have to go to the exchanges, which are provided by the government at some level; THEY (the government) will dictate the rules of who is covered and how. This ought to scare the living crap out of anyone that thing they are going to get fair coverage from the government.
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awpitt
Main Streeter
That's the way it used to be. Obamacare changed that. Now, kids can stay on their parent's health insurance until age 26.
PsyOps
Pixelated
When they turn 26, they are on their own.
Pyrotech
Les Paul Addict
Stealing this!!!
The only thing its lacking is this:
The cashier doesnt have to take the toothpaste with the soda and cigarettes when he buys it, because he thinks you need it more than he does- and he doesnt get arrested for it.
PsyOps
Pixelated
Well, I happen to think this is dumbest place to claim this is the dumbest place to ask a serious question.
MMDad
Lem Putt
Did your union get one of those exemptions? Would you love Obamacare so much if your hours were cut to 29? Or if your premium health plan was taxed as required by the law? Or if it was cut down to what non-extortionist (non-union) people are able to get?
So typical of you. As long as your perks are maintained, who cares about the rest of the country.
USWWarrior
It's a Jeep thang!
This is what confuses me about the whole thing:
1. If you work for a company that offers insurance you are not permitted to join the health care offered? So yes, if I like my doctor, i can keep him/her. But if I choose to use the "exchange" I can't because I am not eligible.
2. The premise the program is built around the young paying more to offset the older folks healthcare costs. So the people that typically make less money pay more into it. So that means less money for them to live the American dream of owning their own home, saving money to start their own business, etc.
3. If you make too much money, you are not entitled to any "subsidies" so you end up paying more out of pocket. But if item #2 doesnt meet expectation, then costs go up even more.
4. Today the program penalizes smokers but up to 50%. Will obese folks be next? Diabetics? Those two groups increase healthcare costs with proven statistics. Who makes that decision, the government?
5. If my hours get cut and I am no longer given company insurance, I MUST join the program or pay a fine. It is proven the fines are cheaper than the insurance, where's the real penalty. The IRS will withhold any tax refund I get until paid?
6. What is so wrong with forcing members of Congress to live by the law? Why are they fighting it?
This is very confusing to say the least.
1. If you work for a company that offers insurance you are not permitted to join the health care offered? So yes, if I like my doctor, i can keep him/her. But if I choose to use the "exchange" I can't because I am not eligible.
2. The premise the program is built around the young paying more to offset the older folks healthcare costs. So the people that typically make less money pay more into it. So that means less money for them to live the American dream of owning their own home, saving money to start their own business, etc.
3. If you make too much money, you are not entitled to any "subsidies" so you end up paying more out of pocket. But if item #2 doesnt meet expectation, then costs go up even more.
4. Today the program penalizes smokers but up to 50%. Will obese folks be next? Diabetics? Those two groups increase healthcare costs with proven statistics. Who makes that decision, the government?
5. If my hours get cut and I am no longer given company insurance, I MUST join the program or pay a fine. It is proven the fines are cheaper than the insurance, where's the real penalty. The IRS will withhold any tax refund I get until paid?
6. What is so wrong with forcing members of Congress to live by the law? Why are they fighting it?
This is very confusing to say the least.
Tilted
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Tilted
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In theory you can keep it, but only if your provider continues to offer it. Your mileage will vary. Over time old plans may disappear, and in the short term premiums (or the share that employers pay) may be affected because of new requirements placed on those plans (even though they are, in some respects, grandfathered).
As for your next point about young people paying more, yeah, that's basically right.
Tilted
..
awpitt is right, the exchanges are where you buy private (individual or small group) coverage now, for the most part anyway.
They are, in essence, marketplaces set up by the states or the federal government where individuals looking for coverage can go to shop for and purchase coverage from private insurers. It's like the government owns the shopping mall, and that's where the private insurers go to offer their products to the masses.
And, yes, the government has created a lot of rules with regard to the coverage that can be sold through those marketplaces. What it has to cover, what the max for out-of-pocket expenses can be, who has to be accepted for coverage, who can be charged more, etcetera. If a coverage plan doesn't meet the requirements, it can't be sold there.