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Your ♡bamaCare!!! Fail of the Day

August 14th, 2014 - 9:31 am

This one is going to hit hard here at Case Verde, probably sooner rather than later:

A national business group representing the nation’s large employers reported Wednesday that companies desperate to avoid a 40 percent ObamaCare “Cadillac tax” are finding ways to shift the costs to workers.

The so-called “Cadillac tax,” now four years away, will affect health plans that spend more than $10,200 per worker.

“The excise tax, when it hits in 2018, will affect both employers and employees,”said Brian Marcotte, president of the National Business Group on Health.

Henry Aaron of the Brookings Institution said, “before then, it’s expected that most of the businesses that offer that form of insurance will back off and make the insurance less generous, so the tax won’t bite.”

With two nice incomes, two healthy adults and two healthy (knock on wood) kids in our little household, it would make sense for us to give up our benefit-rich plan and switch to catastrophic coverage only. Of course, ♡bamaCare!!! outlawed that kind of thing, because Democrats know best. So rather than get hit with these new expenses, we’ll have to switch to an ♡bamaCare!!!-approved plan, which will cost about the same in terms of premiums, but pay out more like a catastrophic plan in terms of copays and deductibles.

I have instructed everyone to stay healthy.

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All Comments   (4)
All Comments   (4)
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Obamacare is just catastrophic care. A 55-yr old woman in my exercise class got "bronze" coverage for $20 a month (it's really $500 to everyone else)

She discovered she can't afford to use it because the co-pays are high and she has to pay the first $6,000 herself in out of pocket cash, which she doesn't have. That's why she got the huge subsidy in the first place.

She is happy to pay $20 a month for the insurance card, but she is continuing to get her meds and checkups free at the "Free Clinic". USA taxpayers get to pay the insurer $480 a month in subsidy for insurance she won't use unless she has a catastrophe. Lucky deal for the insurer, bad deal for the taxpayers.

Was this purposefully designed to fail?
17 weeks ago
17 weeks ago Link To Comment

If you like your plan, you can keep your plan...but you're gonna PAY, boy!
18 weeks ago
18 weeks ago Link To Comment
Typical government. Like the AMT that now reaches deep into the middle class, at the current rate of premium increase, less than $1,000 per month will hardly get you a Cadillac plan.
18 weeks ago
18 weeks ago Link To Comment
GOD this sucks.

I keep reading about these fails all over the web, and I simply can't believe that they will ever come to pass. I keep thinking "Myeah, Obamacare will be gone by then." Please tell me this disaster will be vomited up from the gut of democracy like a nasty furball. Please tell me I'm not in denial.
18 weeks ago
18 weeks ago Link To Comment
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