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| How much is your health insurance going up? (690996) | |
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| (690996) | |
How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 13:22:46 2010 My company sponsored HSA is going up only $25/month, but people that make less money will have theirs go down. Obamacare is fairly insignificant for me as far as the price goes, but some of our PPO plans are increasing almost $1,000 per year so it could be significant for others. On other forums people are saying that their plans are increasing over $1,500 per year! |
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| (690998) | |
Re: How much is your health insurance going up? |
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Posted by ClearAspect on Sun Nov 7 13:40:02 2010, in response to How much is your health insurance going up?, posted by Easy on Sun Nov 7 13:22:46 2010. However for families of 4 that make under $88000 a year get a tax credit so that 1,500 is off set for most by the tax credit being received. |
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| (690999) | |
Re: How much is your health insurance going up? |
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Posted by orange blossom special on Sun Nov 7 13:47:44 2010, in response to Re: How much is your health insurance going up?, posted by ClearAspect on Sun Nov 7 13:40:02 2010. tax credits are invisible and paid out of pocket. If it were a big deal there'd be a treasury check in the mailbox for 1500 |
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| (691001) | |
Re: How much is your health insurance going up? |
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Posted by orange blossom special on Sun Nov 7 13:57:59 2010, in response to How much is your health insurance going up?, posted by Easy on Sun Nov 7 13:22:46 2010. But on your HSA you can't buy tylenol and band-aids anymore. Obama won't even let you have those painpills he brags about. And if you do, the tax punishment increases to 40%.As for if my insurance going up. None. It's free remember? I have to doublecheck this during the week, it looks like more than 100%.. |
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| (691002) | |
Re: How much is your health insurance going up? |
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Posted by orange blossom special on Sun Nov 7 14:00:24 2010, in response to Re: How much is your health insurance going up?, posted by orange blossom special on Sun Nov 7 13:57:59 2010. Yea, this is bad. The bare Minimum super HSA plan that I didn't even use went from FREE to about 40/month for one person coverage. So you can imagine the increases in the other coverage levels.This is not a company that buffers increases to be nice. Or even that far removed from insurance. |
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| (691003) | |
Re: How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 14:03:20 2010, in response to Re: How much is your health insurance going up?, posted by orange blossom special on Sun Nov 7 13:57:59 2010. I never used my HSA for OTC stuff anyway. I didn't even know that I could. |
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| (691004) | |
Re: How much is your health insurance going up? |
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Posted by salaamallah@hotmail.com on Sun Nov 7 14:11:39 2010, in response to How much is your health insurance going up?, posted by Easy on Sun Nov 7 13:22:46 2010. i am lucky i got medical |
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| (691006) | |
Re: How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 14:17:25 2010, in response to Re: How much is your health insurance going up?, posted by salaamallah@hotmail.com on Sun Nov 7 14:11:39 2010. What is "medical"? |
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| (691007) | |
Re: How much is your health insurance going up? |
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Posted by salaamallah@hotmail.com on Sun Nov 7 14:20:07 2010, in response to Re: How much is your health insurance going up?, posted by Easy on Sun Nov 7 14:17:25 2010. it is called medi-cal it is a state medical card |
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| (691008) | |
Re: How much is your health insurance going up? |
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Posted by BMTLines on Sun Nov 7 14:23:04 2010, in response to Re: How much is your health insurance going up?, posted by ClearAspect on Sun Nov 7 13:40:02 2010. First of all there is no tax CREDIT - insurance premiums are deductible and even then are subject to relatively high thresholds. If someone does not qualify to itemize then the tax deduction for health insurance is MEANINGLESS!A deduction is not worth the same as a tax credit - deductions only offset income, so an additional $1500 deduction to someone in the 20% tax bracket only recoups $300 CASH - he is still $1,200 OUT OF POCKET. Also if you are paying that cost out of your paycheck and live paycheck to paycheck a tax DEDUCTION is irrelevant if you have to borrow $1500 per year additional from your credit card in order to make up the shortfall in CASH FLOW. People are going to start dropping health insurance - welcome to Obamacare |
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| (691009) | |
Re: How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 14:23:10 2010, in response to Re: How much is your health insurance going up?, posted by salaamallah@hotmail.com on Sun Nov 7 14:20:07 2010. Ok, I thought that might be what you meant. |
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| (691022) | |
Re: How much is your health insurance going up? |
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Posted by AlM on Sun Nov 7 15:52:33 2010, in response to How much is your health insurance going up?, posted by Easy on Sun Nov 7 13:22:46 2010. Mine is going up a few dollars.There hasn't been much medical cost inflation the last 2 years because so many people can't afford to see a doctor that demand has gone down. |
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| (691028) | |
Re: How much is your health insurance going up? |
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Posted by SMAZ on Sun Nov 7 15:58:52 2010, in response to Re: How much is your health insurance going up?, posted by BMTLines on Sun Nov 7 14:23:04 2010. Starting in 2014 there will be a refundable TAX CREDIT.It's no different than a direct payment like Social Security or farm payments to millionaires. |
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| (691030) | |
Re: How much is your health insurance going up? |
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Posted by orange blossom special on Sun Nov 7 16:00:26 2010, in response to Re: How much is your health insurance going up?, posted by AlM on Sun Nov 7 15:52:33 2010. Demand had fallen off the cliff for regular doc's visits this year. People find it wierd. |
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| (691032) | |
Re: How much is your health insurance going up? |
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Posted by orange blossom special on Sun Nov 7 16:01:06 2010, in response to Re: How much is your health insurance going up?, posted by SMAZ on Sun Nov 7 15:58:52 2010. "refundable". What are they refunding?Keep in mind we're not all rich gov't workers. |
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| (691036) | |
Re: How much is your health insurance going up? |
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Posted by BMTLines on Sun Nov 7 16:02:36 2010, in response to Re: How much is your health insurance going up?, posted by SMAZ on Sun Nov 7 15:58:52 2010. Doesn't help in 2011 though :( Our premium is going up 16%. |
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| (691040) | |
Re: How much is your health insurance going up? |
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Posted by SMAZ on Sun Nov 7 16:06:13 2010, in response to Re: How much is your health insurance going up?, posted by BMTLines on Sun Nov 7 16:02:36 2010. Premiums have gone up by larger amounts in the 2000s.So you are mad that Obamacare doesn't take effect sooner? |
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| (691044) | |
Re: How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 16:17:38 2010, in response to Re: How much is your health insurance going up?, posted by SMAZ on Sun Nov 7 16:06:13 2010. And ours hardly went up depending on how much you made. Some people were upset that those that made are now paying more since we all used to pay the same. I hadn't realized that would be required under Obamacare, but it doesn't bother me. Not to sound like a socialist, but that seems fair to me. |
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| (691050) | |
Re: How much is your health insurance going up? |
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Posted by SMAZ on Sun Nov 7 16:34:33 2010, in response to Re: How much is your health insurance going up?, posted by Easy on Sun Nov 7 16:17:38 2010. If we had a payroll tax based Medicare-for-all single payer system, "premiums" would have hardly budged for most people in the last ten years since median wages have been flat. (after all, somebody making roughly the same today as he did 10 years isn't paying more existing Medicare tax).OTOH, health insurance premiums, deductibles, out of pocket costs, etc, have skyrocketed resulting in less take home pay which means less consumer spending and other things once the credit line ran out. The vampiric health insurance companies are one of the reasons we are in the rut we are today. They need to be legislatively outlawed. |
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| (691051) | |
Major correction! (Re: How much is your health insurance going up?) |
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Posted by Easy on Sun Nov 7 16:44:56 2010, in response to How much is your health insurance going up?, posted by Easy on Sun Nov 7 13:22:46 2010. Our HSA will now have two different plans with two different deductibles. If I choose the plan most similar to the one that I have now ($2,400 deductible versus $2,500 now) my premium increases $1,200 per year! Plus my employer only matches my extra up to $1,000 versus $1,200 currently. Total difference of $1,400 per year!If I choose the $5,000 deductible then my costs go up by only $25 per month and my employer matches up to $1,400 but then I have a huge deductible. |
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| (691061) | |
Re: How much is your health insurance going up? |
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Posted by Spider-Pig on Sun Nov 7 18:08:43 2010, in response to How much is your health insurance going up?, posted by Easy on Sun Nov 7 13:22:46 2010. So long dental plan! |
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| (691062) | |
Re: How much is your health insurance going up? |
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Posted by Spider-Pig on Sun Nov 7 18:08:49 2010, in response to How much is your health insurance going up?, posted by Easy on Sun Nov 7 13:22:46 2010. So long, dental plan! |
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| (691069) | |
Re: How much is your health insurance going up? |
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Posted by RockParkMan on Sun Nov 7 18:27:38 2010, in response to How much is your health insurance going up?, posted by Easy on Sun Nov 7 13:22:46 2010. Mine is going up $14.00/wk. Not bad. |
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| (691070) | |
Re: How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 18:33:39 2010, in response to Re: How much is your health insurance going up?, posted by RockParkMan on Sun Nov 7 18:27:38 2010. $728 per year. What percentage is that? For the same insurance mine is almost 50%. |
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| (691077) | |
Re: How much is your health insurance going up? |
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Posted by ClearAspect on Sun Nov 7 18:59:04 2010, in response to Re: How much is your health insurance going up?, posted by BMTLines on Sun Nov 7 14:23:04 2010. 1. Since 1999, health insurance premiums for families rose 131%, Prescription Drugs have also increased by 4% a year both outpacing inflation and wage increases...So to blame your increase on Obamacare is wrong, because what you're saying is this increase is strictly because of Obamacare which is not the case, you've been paying more every year its just this year you noticed because of Obamacare and opponents are making you notice just so they can try to tie it in. 2. There will be a tax credit that will be implemented in 2014 for those who are below certain amount thresholds i.e. families of 4 who make less than $88000 a year. |
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| (691078) | |
Re: How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 19:01:20 2010, in response to Re: How much is your health insurance going up?, posted by ClearAspect on Sun Nov 7 18:59:04 2010. That's false. As I've already mentioned Obamacare requires that premiums be based on salary so my increase is directly tied to the new rules. I'm not mad or anything, but don't misrepresent what's going on. |
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| (691081) | |
Re: How much is your health insurance going up? |
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Posted by Mr Mabstoa on Sun Nov 7 19:06:33 2010, in response to Re: How much is your health insurance going up?, posted by salaamallah@hotmail.com on Sun Nov 7 14:20:07 2010. Another government program you're in and you hate America.You should kiss the ground you walk on you ungrateful cad. |
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| (691085) | |
Re: How much is your health insurance going up? |
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Posted by GP38/R42 Chris on Sun Nov 7 19:11:42 2010, in response to Re: How much is your health insurance going up?, posted by RockParkMan on Sun Nov 7 18:27:38 2010. LOL. Obama and Pelosi pushed that this is going to make our costs go DOWN not up. "Not bad" amounts or otherwise. |
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| (691087) | |
Re: How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 19:14:01 2010, in response to Re: How much is your health insurance going up?, posted by GP38/R42 Chris on Sun Nov 7 19:11:42 2010. It is going down for most low earners. |
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| (691088) | |
Re: How much is your health insurance going up? |
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Posted by ClearAspect on Sun Nov 7 19:14:07 2010, in response to Re: How much is your health insurance going up?, posted by Easy on Sun Nov 7 19:01:20 2010. Then what was up with ALL the previous years increase? Averaging to 11% a year if we use simple math then if we use the increase this year how much can you directly contribute to Obamacare rules? |
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| (691090) | |
Re: How much is your health insurance going up? |
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Posted by GP38/R42 Chris on Sun Nov 7 19:25:26 2010, in response to Re: How much is your health insurance going up?, posted by Easy on Sun Nov 7 16:17:38 2010. Mine hadn't gone up in years. |
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| (691091) | |
Re: How much is your health insurance going up? |
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Posted by GP38/R42 Chris on Sun Nov 7 19:27:25 2010, in response to How much is your health insurance going up?, posted by Easy on Sun Nov 7 13:22:46 2010. Many companies are dropping their employees because of new regulations placed on companies, so they will instead be dropping their employees and pay the penalty instead. Great stuff this Obamacare. |
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| (691092) | |
Re: Major correction! (Re: How much is your health insurance going up?) |
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Posted by GP38/R42 Chris on Sun Nov 7 19:28:22 2010, in response to Major correction! (Re: How much is your health insurance going up?), posted by Easy on Sun Nov 7 16:44:56 2010. Thank you Obama and Pelosi. |
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| (691093) | |
Re: How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 19:30:01 2010, in response to Re: How much is your health insurance going up?, posted by ClearAspect on Sun Nov 7 19:14:07 2010. First of all health insurance didn't go up 11% every year. Most of that increase was probably several years ago. Second of all as I have already explained some portion of the increase is directly attributable to Obamacare. For example suppose that some company had the following increases for this year based on employee salaries:< $30,000 - 10% decrease $30k-$60k - 2 % increase $60k-$90k - 10% increase > $90,000 - 30% increase Now suppose that you are accurate and that this represents an overall 11% increase. Can you not understand that the increase for the highest bracket is directly related to Obamacare?!? |
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| (691098) | |
Re: How much is your health insurance going up? |
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Posted by salaamallah@hotmail.com on Sun Nov 7 19:37:43 2010, in response to Re: How much is your health insurance going up?, posted by Easy on Sun Nov 7 19:14:01 2010. proff ? |
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| (691103) | |
Re: How much is your health insurance going up? |
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Posted by Easy on Sun Nov 7 19:46:54 2010, in response to Re: How much is your health insurance going up?, posted by salaamallah@hotmail.com on Sun Nov 7 19:37:43 2010. On our plans the premiums for people earning less than $30k are going down 1-30% depending on the type of insurance (HSA, PPO, HMO, etc) and who is being covered (single, children, family, etc). |
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| (691104) | |
Re: How much is your health insurance going up? |
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Posted by salaamallah@hotmail.com on Sun Nov 7 19:48:22 2010, in response to Re: How much is your health insurance going up?, posted by Easy on Sun Nov 7 19:46:54 2010. ok : ) |
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| (691149) | |
Re: Major correction! (Re: How much is your health insurance going up?) |
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Posted by SelkirkTMO on Sun Nov 7 21:40:05 2010, in response to Re: Major correction! (Re: How much is your health insurance going up?), posted by GP38/R42 Chris on Sun Nov 7 19:28:22 2010. Yeah, I'm sure the insurance industry was going to cut their rates in half if it hadn't passed and issue a refund for what they did before it passed too. :-\ |
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Re: Major correction! (Re: How much is your health insurance going up?) |
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Posted by orange blossom special on Sun Nov 7 22:04:18 2010, in response to Major correction! (Re: How much is your health insurance going up?), posted by Easy on Sun Nov 7 16:44:56 2010. My company had 2 levels of HSA's too. The higher deductible one actually started two years ago and was FREE(we're non-union, American Free-market...well the 5% of us who ain't in India. You know the place the so called president said is a job creator).Last year they started to charge. But if you fill out the questionaire the credits would make it free anyway. Employee only coverage is 1077.5% increase Family is a 631% increase for this level since last year. Now the company has been trying to push you into this new health program where you give them you biometric info(yea right) instead of having a questionaire. so if yo were gungho about doing all the test it would come back down to just an 8% increase for single and 4% for family. For the year. What's next DNA samples?? I think going into work to get all this "work" done to you for a 1000 buck credit on your benefits is pushing it imo. |
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| (691156) | |
Re: How much is your health insurance going up? |
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Posted by orange blossom special on Sun Nov 7 22:07:02 2010, in response to Re: How much is your health insurance going up?, posted by GP38/R42 Chris on Sun Nov 7 19:11:42 2010. You know it's going to get rid of the deficit too. |
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Re: Major correction! (Re: How much is your health insurance going up?) |
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Posted by orange blossom special on Sun Nov 7 22:07:53 2010, in response to Re: Major correction! (Re: How much is your health insurance going up?), posted by orange blossom special on Sun Nov 7 22:04:18 2010. Hm, my level is 10% if I don't factor in the program where they want blood, tissue, semen, snot and sugar tests. |
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| (691158) | |
Re: How much is your health insurance going up? |
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Posted by orange blossom special on Sun Nov 7 22:10:18 2010, in response to Re: How much is your health insurance going up?, posted by SMAZ on Sun Nov 7 16:34:33 2010. "The vampiric health insurance companies are one of the reasons we are in the rut we are today."Your post did not explain this creepy line, nor why you think we should get rid of Wal-mart and only buy food from State Stores like they do with liquer in PA. Nor why we should have another hidden tax, as they all must go up just as much. Like the public option home insurance, public option universities, public option road and car fees. All which have a disregard for inflation. |
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Re: How much is your health insurance going up? |
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Posted by Train Dude on Sun Nov 7 22:10:39 2010, in response to Re: How much is your health insurance going up?, posted by Spider-Pig on Sun Nov 7 18:08:43 2010. You wanted change. That's what you got. |
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| (691162) | |
Re: How much is your health insurance going up? |
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Posted by orange blossom special on Sun Nov 7 22:15:48 2010, in response to Re: How much is your health insurance going up?, posted by Easy on Sun Nov 7 19:30:01 2010. No no no. You see, you come home everynight and you trip over an ottoman for years.One night you get mugged and roughed up bad. But since you have had a bruise from the ottoman it's not from being jumped. It's perfectly logical. Oh and btw, all that money they stole from you, it'll be some tax credit that will take 4 hours and 6 pages of math to figure out NEXT year where it'll just move your bracket a bit so you'll get back 1% of what was stolen. I don't know what's so hard to figure out. I think all the companies I've worked for had income brackets for the premiums. Always thought it seemed odd though. |
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| (691217) | |
Re: How much is your health insurance going up? |
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Posted by brightonr68 on Sun Nov 7 23:35:10 2010, in response to Re: How much is your health insurance going up?, posted by BMTLines on Sun Nov 7 14:23:04 2010. In the end OBOMACARES biggest failures (and they were failures on purposeswas to reduce all the sometimes fake lawsuits that even when a doctor did not act in bad faith costs a ton in legal fees to defend and all the un needed tests that get performed even know the doctor knows that the test is not medically needed it is needed to cover his or her fanny. This one change alone would cut the premiums second subjecting the insurers to UNLIMITED liability sounds like a good idea but raises everyone's cost. a better idea would be for the government to come in and pay any amount over the lifetime cap of the plan so a disease of a family member does not cause someone to loose their house. This cost far less then the tax and spend OBOMACARE scheme. FYI it is going to cost the IRS and other federal agencies ten of billions of $$$ to police this bill. That means billions in cost that are not going to take care of people health. This bill is a crime and needs to be changed and not in the way the Republican Right want to change . We need some common sense in these matters |
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| (691219) | |
Re: How much is your health insurance going up? |
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Posted by Clayton on Sun Nov 7 23:37:11 2010, in response to Re: How much is your health insurance going up?, posted by Spider-Pig on Sun Nov 7 18:08:43 2010. Lisa needs braces! |
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Re: How much is your health insurance going up? |
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Posted by orange blossom special on Sun Nov 7 23:41:38 2010, in response to Re: How much is your health insurance going up?, posted by brightonr68 on Sun Nov 7 23:35:10 2010. Failure? Sounds like a success, more government henchmen to collect their money. |
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Re: How much is your health insurance going up? |
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Posted by LuchAAA on Sun Nov 7 23:56:37 2010, in response to Re: How much is your health insurance going up?, posted by ClearAspect on Sun Nov 7 13:40:02 2010. Hey, I think I saw you the other day. Are you a tall guy, about 6'1 with black hair? |
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Re: How much is your health insurance going up? |
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Posted by Terrapin Station on Mon Nov 8 00:01:27 2010, in response to Re: How much is your health insurance going up?, posted by LuchAAA on Sun Nov 7 23:56:37 2010. Was he driving a green pickup truck? |
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Re: How much is your health insurance going up? |
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Posted by LuchAAA on Mon Nov 8 00:02:35 2010, in response to Re: How much is your health insurance going up?, posted by Terrapin Station on Mon Nov 8 00:01:27 2010. He was entering Metro station at about 4:30 in the morning. |
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