Obama Signs Bill Expanding Federal Health Care for Kids

[Russ]

Trying to find this information, but I believe they did not expand the income limits to qualify. There was early talk about families up to $63k . . . the Senate wanted up to $80k.

While researching yesterday I saw a figure of $36k but can't find it today.

They have relaxed the citizenship requirements. All you need do is say you are a citizen and produce a SS card. It is up to the SSA to verify the card is legitimate.

This is supposed to be funded by a $0.39/pack cigarette tax, which is estimated to be . . . $31 billion over the next 4 yrs.

What a country.

This article 404 Error, No such article | Chron.com - Houston Chronicle says it is funded by a $0.62/pack cigarette tax. Soon it'll be $6 for a pack of heaters. Legalize pot and tax it. That would bring in tons of money.

Here in Florida we have kidcare, but it does not cover all children. Limits on #'s enrolled, income levels, keep some out.

I think a more pressing issue is covering those around my age...and I'm 50. Tests for this and tests for that are needed more so then on children who are, for the most part, healthy.

Oh that's right, I can get Assurant health starting at under a $100 a month. More like a few hundred a month.

 

[Crabcake Johnny]

I posted this before, but in MD we have MCHIP - 300% of FPF. Didn't seem to harm what I've made selling health insurance since 2003.

We also have MHIP - extremely affordable rates for comprehensive health insurance for anyone who can't get underwritten - comp is $100 flat.

Not only hasn't it harmed me, it's increased my entire business.

 

[midwestbroker]

As I said...

The government is requiring cigarette companies to run ads to stop smoking, but they are using tax increases with cigarettes to fund child health care.

So, when there are less smokers, and the revenue falls short of their predictions to fund children health care, then what is their back up plan?

 

[Russ]

As I said...

The government is requiring cigarette companies to run ads to stop smoking, but they are using tax increases with cigarettes to fund child health care.

So, when there are less smokers, and the revenue falls short of their predictions to fund children health care, then what is their back up plan?

Gas tax.

 

[Crabcake Johnny]

Two things can cause extreme harm to our line of work - and Obama can't just wake up and "sign" any of them into legislation. Either one of these two options would takes years to put together:

1) Single payer system....and sorry but it's simply never going to happen.

2) Everything stays the same except all plans become GI - a nationwide version of what MA is currently doing.

#2 is the most realistic and "do-able" since it doesn't involve any major infrastructural changes.

What needs to be addressed before #2 is implemented is creating a system where healthy people sit out and only enroll when they become sick.

The only ways of address that are:

1) Make it illegal to not carry health insurance if you're making "X" amount - just like auto or the MA model with penalties stiff enough to grab people's attention.

2) One year pre-ex clause which pretty much defeats the purpose of helping out the uninsured who have health conditions.

No solution is going to be simple.

 

[Bitnis]

So if all health insurance is now GI, how is he going to lower everyone's yearly bill by $2500? Where is that money going to come from? I'm guessing he's got a tax rate increase for the rich saved up for that one.

 

[Crabcake Johnny]

...I think we own printing presses. Just tell 'em to ramp it up and screw inflation and the value of the dollar in the world market.

 

[somarco]

 

[insuranceexec]

As I said...

The government is requiring cigarette companies to run ads to stop smoking, but they are using tax increases with cigarettes to fund child health care.

So, when there are less smokers, and the revenue falls short of their predictions to fund children health care, then what is their back up plan?

In Arkansas we have a luxury tax. If your house is above 3,000sqf, car cost more than 65K, or if you decide to send your children to private schools. Another way the gov't can penalize an individual for being successful.

What ever happened to Huey Long? (It is rhetorical) He Died! and so should all of these stupid taxes.

Huey Long - The Man, His Mission and Legacy

P.S. No, I do not smoke.
- - - - - - - - - - - - - - - - - -

...I think we own printing presses. Just tell 'em to ramp it up and screw inflation and the value of the dollar in the world market.

Finally someone who understands basic Macroeconomics.

In your opinion what will happen when China Dumps their US currency holdings?

 

[somarco]

If your house is above 3,000sqf, car cost more than 65K,

Trying to crunch the numbers.

My car is less than 3000 sq ft and my house if more than $65k.

Is it worth moving to AR or not?

Never mind. Isn't that were Clinton lived?