New Consumer Publication Explains PPACA/Obamacare.

[AllenChicago]

Very informative piece.

What is really scary is this little tidbit:

"Taxes on Cadillac Plans: A 40% excise tax will be levied on so-called "Cadillac" health plans for the amount in excess of $27,500 for families and $10,200 for single coverage. About one-third of health plans will be subject to the tax beginning in 2019. But since these thresholds are not indexed to increase as fast as medical costs, over time virtually all plans will be subject to the tax"

So basically its saying that over time the Cadillac Plan tax of 40% on plans with a premium of $8K/$21K or greater will apply to most everyone; since inflation will cause everyones rates to rise, and since the $8K/$21K figures are fixed and not tied to inflation, then its really just a backdoor tax of 40%!!!!

----This info-packed little booklet also shed light on why so few medical providers are joining the network(s) included with the new High Risk Health Insurance Pools. (ref: www.pcip.gov)

As I suspected, this new program reimburses physicians, hospitals, etc. at MEDICAID rates. Medicare reimburses at 18% less than private insurance and Medicaid reimburses at 30% less than Medicare! Good grief..

-AC

 

[Full Throttle]

Here's looking at you, kid!

Thanks Grandpa Arn! Thought to ponder: if you were senile, would you know it?

My favorite old age quote I heard two old guys getting their clubs out of their car at my grandpa's retirement community: "You know you're getting old when your back gets stiffer than your (fill in the blank).

 

[arnguy]

Thanks Grandpa Arn! Thought to ponder: if you were senile, would you know it?

My favorite old age quote I heard two old guys getting their clubs out of their car at my grandpa's retirement community: "You know you're getting old when your back gets stiffer than your (fill in the blank).

Fresh kid! Children should be seen and not heard!

 

[GAHEALTH]

The National Center For Policy Analysis (NCPA) has put together a superb Consumer Booklet that explains Health Reform in a balanced and detailed way. Actually, it contains little-known information that makes you want to impeach this President if you are a parent, retiree, agent, business owner, or anyone above poverty level!

Here is the link: http://www.ncpa.org/pdfs/What-Does-Health-Reform-Mean-for-You-A-Consumers-Guide.pdf

-Allen

So if I am reading this right (still reading the thing) at first glance it looks like that there is no role for the individual health agent. They either get it through the employer (which many businesses may drop) or through the exchange or sign up for Medicaid.