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ObamaCare Deductibles To Rise To $6,600 In 2015

buck

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I didn't realize that deductibles were set to increase based on premium.

ObamaCare Deductibles To Rise As High As $6,600 In 2015 - Investors.com

ObamaCare deductibles maxed out at $6,350 per person this year, causing no small shock among modest earners, but next year they'll go as high as $6,600.
Businesses may be less than thrilled to learn that ObamaCare's yet-to-be-enforced employer penalties will rise from $3,000 per subsidized full-time worker to $3,120.
Although the fines initially set to hit in 2014 were put on ice for a year, that hasn't stopped the fines from growing. In 2015, employers with at least 100 full-time-equivalent workers will owe $2,080 for each of those workers after an exemption for the first 30.
By 2016, when the ObamaCare employer mandate is supposed to apply to firms with 50 full-time-equivalent workers, the fines will be higher still.
HHS Ignores Individual Spike
The surprise was that HHS decided to exclude the jump in premiums in the individual market, largely due to ObamaCare. Instead, this key cost-indexing factor will be tied only to the rise in employer-sponsored insurance premiums — estimated by Medicare actuaries to be 4.2%.
In mostly ignored regulations issued in March, HHS said that including all private insurance — as it originally intended — would have yielded a 6% average hike. With that yardstick measure, deductibles would peak at $6,700 per adult next year. Employer penalties would rise to $3,180.
 
Notice the operative word in the title "as" high? That means it can be lower. It also means it is similar to the previous system that allows choice in picking deductibles.

Another thread dedicated to unfairly putting the as in bad light.
 
So chose a low deductable plan.

Mine is $50.

With the subsidy, the premium will be about the same so no reason to pick any of the
high cost out of pocket plans.
 
Notice the operative word in the title "as" high? That means it can be lower. It also means it is similar to the previous system that allows choice in picking deductibles.

Another thread dedicated to unfairly putting the as in bad light.

Yes, that's based on estimates by medicare actuaries, they don't yet know the exact numbers. I find it interesting that already high deductibles will be increasing and that the deductibles would be going higher if HHS actually followed the law.

HHS said that including all private insurance — as it originally intended — would have yielded a 6% average hike. With that yardstick measure, deductibles would peak at $6,700 per adult next year.
 
Yep Buck.....I just bumped up your other thread over the premiums going up and more Businesses dumping giving coverage. Higher cost which wont count some of those states having limited carriers. Lets not forget more of those regulations will be coming out this year too.

Obama keeps delaying the workplace requirements in an attempt to avoid those political consequences too.
 
Heya Buck ;) I think this can be added to your piece as well. What say ye?



Report: Employer Health Costs Jump Nearly Nine Percent in 2014.....


Healthcare premiums under Obamacare continue to climb, as healthcare "cost curves" maintain their upward trajectory -- both for the federal government and within the private market. The Los Angeles Times reports:

As we've addressed many times over, the administration's attempts to claim credit for the recent deceleration in health spending increases have been debunked by the government's own actuaries. As the piece above indicates, economists cite the economic downturn as the driving force behind that phenomenon -- which may now be coming to a close. Imagine how sharply spending would be rocketing up if we were in the midst of a robust economic recovery, in which case the combined effects of Obamacare's newly insured and economy-related usage increases would blast spending into the stratosphere. Indicators appear to suggest the US economy actually contracted in the first quarter of 2014.

AmeriMark, like most businesses, has been coping with rising health insurance premiums for years. This year, the company's initial estimate from a broker was a 30 percent increase in the price of premiums if they stayed with the same insurance provider. Lyons says they shopped around, chose a new company and changed some of the policy's benefits — such as increasing the deductibles and copays that employees pay as their contribution to their own health coverage. Such changes in plans have become increasingly common nationally in recent years as annual increases in health care premiums have become normal. For many medium-sized companies, like AmeriMark, the new costs of the Affordable Care Act are an added burden on top of the health insurance premiums that have been rising for years. The largest of the new Obamacare costs is the health insurance provider tax, or HIT. It's a tax that the federal government charges insurance companies, and the size of the fee depends on how many people the insurer is covering. Insurers then pass that cost on to employers. And employers, in turn, pass some or all of the cost on to their workers...Giesler says the company debated dropping health insurance for its employees — a step that, beginning in 2015, would result in an expensive penalty. In the end, the firm decided to keep providing insurance. But that decision may change in the future, he says, if costs continue to climb.

Let's count the broken promises in this excerpt alone: Facing a hefty double-digit premium increase (1) because of Obamacare's various mandates and taxes (2) AmeriMark was forced to drop its existing plan (3) in favor of a cheaper option that shifts more out-of-pocket costs onto workers (4). And if costs continue down the current path, the company is holding open the possibility of ceasing to offer health coverage altogether (5) -- which it has done since the 1960's.....snip~

Report: Employer Health Costs Jump Nearly Nine Percent in 2014 - Guy Benson
 
Heya Buck ;) I think this can be added to your piece as well. What say ye?



Report: Employer Health Costs Jump Nearly Nine Percent in 2014.....


Healthcare premiums under Obamacare continue to climb, as healthcare "cost curves" maintain their upward trajectory -- both for the federal government and within the private market. The Los Angeles Times reports:

As we've addressed many times over, the administration's attempts to claim credit for the recent deceleration in health spending increases have been debunked by the government's own actuaries. As the piece above indicates, economists cite the economic downturn as the driving force behind that phenomenon -- which may now be coming to a close. Imagine how sharply spending would be rocketing up if we were in the midst of a robust economic recovery, in which case the combined effects of Obamacare's newly insured and economy-related usage increases would blast spending into the stratosphere. Indicators appear to suggest the US economy actually contracted in the first quarter of 2014.

AmeriMark, like most businesses, has been coping with rising health insurance premiums for years. This year, the company's initial estimate from a broker was a 30 percent increase in the price of premiums if they stayed with the same insurance provider. Lyons says they shopped around, chose a new company and changed some of the policy's benefits — such as increasing the deductibles and copays that employees pay as their contribution to their own health coverage. Such changes in plans have become increasingly common nationally in recent years as annual increases in health care premiums have become normal. For many medium-sized companies, like AmeriMark, the new costs of the Affordable Care Act are an added burden on top of the health insurance premiums that have been rising for years. The largest of the new Obamacare costs is the health insurance provider tax, or HIT. It's a tax that the federal government charges insurance companies, and the size of the fee depends on how many people the insurer is covering. Insurers then pass that cost on to employers. And employers, in turn, pass some or all of the cost on to their workers...Giesler says the company debated dropping health insurance for its employees — a step that, beginning in 2015, would result in an expensive penalty. In the end, the firm decided to keep providing insurance. But that decision may change in the future, he says, if costs continue to climb.

Let's count the broken promises in this excerpt alone: Facing a hefty double-digit premium increase (1) because of Obamacare's various mandates and taxes (2) AmeriMark was forced to drop its existing plan (3) in favor of a cheaper option that shifts more out-of-pocket costs onto workers (4). And if costs continue down the current path, the company is holding open the possibility of ceasing to offer health coverage altogether (5) -- which it has done since the 1960's.....snip~

Report: Employer Health Costs Jump Nearly Nine Percent in 2014 - Guy Benson
Gee, how can anyone doubt claims made in an opinion piece on Townhall?
 
Gee, how can anyone doubt claims made in an opinion piece on Townhall?

How can anyone not be able to see any material validated and referenced from ALL their other sources. :doh

Healthcare premiums under Obamacare continue to climb, as healthcare "cost curves" maintain their upward trajectory -- both for the federal government and within the private market. The Los Angeles Times reports: .....snip~


Then AmeriMark......then all those light blue words to the links of referenced sources. Imagine that!
shocked.gif



What happened? You can't accept what the Los Angeles Times reported? Whats up......was there some other tangent you wanted to try?
 
Notice the operative word in the title "as" high? That means it can be lower. It also means it is similar to the previous system that allows choice in picking deductibles.

Another thread dedicated to unfairly putting the as in bad light.


Another Obamacrat post using a "maybe" as proof everything said about the Obama regime is a lie. FFS, you can't paint the enemy as liars when you are so lose with the truth yourself.
"It could be lower" somehow means anyone questioning the basic fact that premiums, penalties and deductibles are going up, as in the point of this thread, is "unfairly putting the as in a bad light". What?

"Could" as in maybe, sorta, sometimes.

Is Obamaland ever going to grasp the concept of honesty?

We've had six, long and weary years of this, "if you like your plan", "I never said that", "We had to pass this [without reading it] so you could read it" and of course, Honest Harry, the truth sayer, Reid declaring thousands of people experiencing high premiums are "all liars"....

Why do you bother? No one believes your crap anymore as demonstrated above..........you can't respond to one, not one of the thousands of negative reports about the The One's greatest gift to the Amerikan people without in one fashion or another yelling "liar" at the reporters....and never, ever is there more than hot air and mist to back it up...It's not only degrading to the Office of the President, but the world's opinion of Americans is tanking, starting with your next door neighbors where it is impossible to escape the din of you fighting amongst yourselves...


My only real regret that in all of this I find myself supporting my ideological opponents, I am a big proponent of what you call "single payer" but based on everything that's been said, Republicans are right about this sewage on a **** sandwich and Democrats have been lying about it since '08.
 
I think higher deductibles are a good thing. They will force people to consider the cost of their care, which will lead to lower health care costs.

In addition, having a deductible is far better than having to pay for everything out of pocket because one has no insurance at all.
 
I think higher deductibles are a good thing. They will force people to consider the cost of their care, which will lead to lower health care costs.

In addition, having a deductible is far better than having to pay for everything out of pocket because one has no insurance at all.

Hey, great point. Except for the part about premiums and deductibles going up for the same type of coverage as last year. But let's spend time worrying about people who don't have insurance over the additional burden for the many who already had insurance.
 
Hey, great point. Except for the part about premiums and deductibles going up for the same type of coverage as last year. But let's spend time worrying about people who don't have insurance over the additional burden for the many who already had insurance.

It seems people can't decide if people are getting the same plans they had last year, or if they're all getting their plans cancelled and replaced with different plans.

But let's not worry about the people with no insurance. It's the people who have insurance who need help
 
It seems people can't decide if people are getting the same plans they had last year, or if they're all getting their plans cancelled and replaced with different plans.

But let's not worry about the people with no insurance. It's the people who have insurance who need help

I don't care about your first point as it seems like semantics to me. I don't play that game. As for the second point, there seems to be a lot of people that will still not have insurance but the huge number who had insurance are facing major changes.

Are you the person paying $40/month for healthcare now? If so, I'd still be interested in which level plan it is.
 
I don't care about your first point as it seems like semantics to me. I don't play that game. As for the second point, there seems to be a lot of people that will still not have insurance but the huge number who had insurance are facing major changes.

Are you the person paying $40/month for healthcare now? If so, I'd still be interested in which level plan it is.

no that is 24 something and i have yet to find out what plan they have or the coverages on healthsherpa.
 
I don't care about your first point as it seems like semantics to me. I don't play that game. As for the second point, there seems to be a lot of people that will still not have insurance but the huge number who had insurance are facing major changes.

Yes, there have been changes. That was the point. IMO, they are mostly for the good.


Are you the person paying $40/month for healthcare now? If so, I'd still be interested in which level plan it is.

Not me
 
Yes, there have been changes. That was the point. IMO, they are mostly for the good.




Not me

There are plenty of things that could have been done to provide healthcare to those without insurance without screwing it up for everyone else. A 1,000 page law leaves plenty of opportunities for mischief that we haven't even experienced yet. But as long as you are happy, I guess all is good.

Sorry I mistook you for someone else.
 
just put everyone on medicare already, FFS.
 
There are plenty of things that could have been done to provide healthcare to those without insurance without screwing it up for everyone else. A 1,000 page law leaves plenty of opportunities for mischief that we haven't even experienced yet. But as long as you are happy, I guess all is good.

Conceptually, there may be an infinite # of alternatives. But realistically, there were only two choices on the table - ACA and the republican plan of doing nothing.


Sorry I mistook you for someone else.

No problem
 
So chose a low deductable plan.

Mine is $50.

With the subsidy, the premium will be about the same so no reason to pick any of the
high cost out of pocket plans.

You simply can't be THAT uninformed, can you? Surely you realize that what you state is YOUR situation and not applicable to millions of others? Depending on a person's income, age, state, and even city....all those things change.

Even if someone gets a subsidy, that subsidy may be small. Or none at all. For people over 50, the premiums take a HUGE hike, increasing for every year you are over the age of 50. The cheapest policy I can get that has a policy that drs will accept is $515/month. That is for $6,000 deductible. Bronze level. I couldn't afford ANYTHING over the bottom of the bronze level plans.

You really shouldn't offer opinions about things you are not informed on. It gives people the wrong impression (like they can get $50 deductible), and it just advertises that you aren't familiar with this subject.

You must be young and earn about $12k a year. Student? You should know that you are one of the few benefiting from the ACA. These other posts you're reading are not presenting a warped view. It is the reality. The reality of millions. There is no getting a $50 deductible for MOST people. MOST people are getting the bottom plans, which is why the $6k deductible being increased is so important.
 
MOST people are getting the bottom plans, which is why the $6k deductible being increased is so important.

No, they aren't. Most people in the exchanges (~78%) bought a silver plan or above.

Marketplace Plan Selection by Metal Level
  • 20 percent of the persons who have selected a Marketplace plan have selected a Bronze plan
  • 65 percent of the persons who have selected a Marketplace plan have selected a Silver plan
  • 9 percent of the persons who have selected a Marketplace plan have selected a Gold plan
  • 5 percent of the persons who have selected a Marketplace plan have selected a Platinum plan
  • 2 percent of the persons who have selected a Marketplace plan have selected a Catastrophic plan

People who buy silver plans (far and away the most popular choice) and have incomes below 250% FPL are also eligible for cost-sharing reductions. That means their deductibles, co-insurance, and out-of-pocket maximums are all reduced below silver levels, effectively giving many of them a gold-level or higher actuarial value.
 
No, they aren't. Most people in the exchanges (~78%) bought a silver plan or above.



People who buy silver plans (far and away the most popular choice) and have incomes below 250% FPL are also eligible for cost-sharing reductions. That means their deductibles, co-insurance, and out-of-pocket maximums are all reduced below silver levels, effectively giving many of them a gold-level or higher actuarial value.

Ironic, and JumpinJack calls others uniformed.
 
You simply can't be THAT uninformed, can you? Surely you realize that what you state is YOUR situation and not applicable to millions of others? Depending on a person's income, age, state, and even city....all those things change.

Even if someone gets a subsidy, that subsidy may be small. Or none at all. For people over 50, the premiums take a HUGE hike, increasing for every year you are over the age of 50. The cheapest policy I can get that has a policy that drs will accept is $515/month. That is for $6,000 deductible. Bronze level. I couldn't afford ANYTHING over the bottom of the bronze level plans.

You really shouldn't offer opinions about things you are not informed on. It gives people the wrong impression (like they can get $50 deductible), and it just advertises that you aren't familiar with this subject.

You must be young and earn about $12k a year. Student? You should know that you are one of the few benefiting from the ACA. These other posts you're reading are not presenting a warped view. It is the reality. The reality of millions. There is no getting a $50 deductible for MOST people. MOST people are getting the bottom plans, which is why the $6k deductible being increased is so important.

How about you stop spouting lies?

Every state and every city has a full range of plans to chose from or medicaid.

and AGAIN, premiums can go up all they want, for 80% of USA, what you pay is CAPPED.

example
55 single
non smoker $20k income - in Tacoma WA

$83 month silver plan ($420 month subsidy)

Now what was that BS you were spouting about?

And hate to tell you, I am just less than 50.............and EVERY BODY can get a great plan if they dont listen to SHILLS and the GOP.
 
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