Shebullshits on C Span?

[Rivers1]

Report finds lower insurance premiums, more choices in 2014 for families, businesses under Affordable Care Act

"

New HHS report shows some families can save up to $14,900 annually, tax credits will save small businesses $6 billion over two years​

Amazing these articles coming from HHS.

 

[somarco]

Politicians can and will say anything as long as the public is willing to buy it.

 

[stuy119]

Report finds lower insurance premiums, more choices in 2014 for families, businesses under Affordable Care Act

"

New HHS report shows some families can save up to $14,900 annually, tax credits will save small businesses $6 billion over two years​

Amazing these articles coming from HHS.

Families can save up to $14,900 annually? That's the highest premium I've seen, and for a family of 6. IOW, they would be getting free health insurance.

Why aren't people going to be in favor of this? LOL

Oversold and under delivered, it's what the government does best!!!

 

[aheff]

"Families can save up to $14,900 annually"
Sure- my (increased) taxes are paying for this entitlement!

 

[Norwayguy]

Would any of you pay $400 a month in extra taxes for Medicare as it is now?

I would. I pay $7200 a year now for a $4000 deduct HSA.

Ask your clients if they would take the $400 deal. I but the vast majority would throw you under the bus in a New York minute and take that deal.

That's what the Dems are going to offer. You can rant and rave that Medicare is broke and broken... not going to work. It doesn't take a Ph.D in quantum physics to see where this is all going.

You neo-conservatives (forget the arch-cons... they will never go along with anything) would do better by coming up with a better plan. You've got the House now and a "bully pulpit" in the Orange Man as your Speaker. Time to 'put up.' Should be easy as you know what the Dems are going to do... I just told you above.

"I love to hear arch-cons cry in the morning... it sounds like victory!"

Al

Al3 your not that far off on your numbers...these are the 2011 numbers for those without the 40 quarters...obviously if medicare goes to all then the fica tax of the working people is not spread to just the retired I would assume we would end up paying the current premiums I would also expect those premiums to increase

Part A $450/month
Part B $115/month
Part D $ Unknown

So we have so far $565 however I couldn't find a number on what Medicare pays the Insurance companies for Part D coverage...We all know Humana isn't just getting $14 bucks a month for drug premiums...I've heard Medicare pays on Average $9000 a year then you have your deductibles and co-pays....These numbers I assume would change when you dump the rest of the population on Medicare because the 3% or so of FICA which isn't enough now for the people we have would have to change or the premiums would.

 

[mynarky]

Medicare is broke and putting more in it will only make it worse? Not exactly sound logic, if more people are pumped into it and that money used to fund it is money that would have been used on private insurance it would likely make it far more stable. It's like saying a failing restaurant will do better if people stop going there

 

[djs]

Problem is, medicare is funded by people NOT in the plan and the expenses are incurred by those who ARE in the plan.

In some cases you can buy your way into medicare, but it would be interesting to see if that premium actually covers the costs of those who buy into medicare.

Makes perfect sense.

Also, if a failing restaurant is losing $10 per patron, then yes, it would actually do better if people quit going there.

Dan

 

[somarco]

medicare is funded by people NOT in the plan and the expenses are incurred by those who ARE in the plan.

Actually it is a shared funding approach.

You work all your life, paying in to Medicare, and then when you finally get there you have to pay again.

Part B premiums.

MA or Med supp or simply self fund the OOP. Same for Part D.

You never truly stop paying for Medicare.

I found the graphic in this article interesting to say the least.

What's the "Return" on Your Social Security Taxes? - CBS MoneyWatch.com

Someone turning 65 in 2010 will pay in roughly $55k in Medicare taxes and will receive $161k+ in benefits.

What is more telling is the ROI on SS taxes which is negative.

 

[Norwayguy]

Actually it is a shared funding approach.

You work all your life, paying in to Medicare, and then when you finally get there you have to pay again.

Part B premiums.

MA or Med supp or simply self fund the OOP. Same for Part D.

You never truly stop paying for Medicare.

I found the graphic in this article interesting to say the least.

What's the "Return" on Your Social Security Taxes? - CBS MoneyWatch.com

Someone turning 65 in 2010 will pay in roughly $55k in Medicare taxes and will receive $161k+ in benefits.

What is more telling is the ROI on SS taxes which is negative.

I found the following quote to be a sexist comment from the above article

But of course, ladies, the system does find a way to stick it to you nonetheless, as this Boston College study of women and social security points out. Because you qualify for a spousal benefit whether you work or not, the taxes you pay if you do work are totally wasted if don't earn enough to qualify for higher benefits on your own. As a result, there's a high implicit tax on your decision to work or not.

Correct me if I'm wrong the spousal benefit is just that spousal as opposed to the unworking woman benefit.

 

[somarco]

Good catch.

SS is not gender specific.