18 Reasons the Affordable Care Act Is the Greatest Achievement for the Middle Class

[Riot]

18 Reasons the Affordable Care Act Is the Greatest Achievement for the Middle Class Since Medicare

By LOLGOP on June 20, 2012
via Eclectablog.com

On either Thursday, June 21 or Monday, June 25, the Supreme Court will issue its decision on the Affordable Care Act, which I’ve grown to enjoy calling ObamaCare.

Health care in the United States was actually socialized in the dumbest possible way through a law signed by Ronald Reagan. ObamaCare fixes that broken system and strengthens Medicare for decades to come.

You need to read Alec MacGillis’ “What New Law?” The thesis: The people who will benefit most from this landmark bill have no idea what’s in it.

Since hollering won’t do me any good, I think I should at least describe why ObamaCare was such a victory for you and your family.

1. A Harvard study found that 45,000 Americans die every year for lack of insurance.

2. After a century of trying, President Obama was the first president to sign a law that would achieve near universal health insurance coverage.

3. For the first time, health insurers are required to spend 80 to 85 percent of customers’ premiums on actual care. More than $1.3 billion in overcharges will be returned to consumers and employers this year.

4. The law allows many Americans under age 26 to stay on their parents’ health plans. Today, as many as three million young people have already taken advantage of this benefit.

5. Tens of millions of people now getting preventive care at no extra cost, including cancer screenings and vaccinations. Last year, 32.5 million Americans on Medicare and up to 54 million Americans with private insurance received one or more free preventive services

6. 3.2 million small businesses — employing 19.3 million workers nationwide — were eligible last year for tax credits worth $15.4 billion or $800 per employee.

7. 3.6 million Medicare beneficiaries saved on average of $600 each as part of the phasing out of the donut hole.

8. Health care fraud prosecutions are up 27 percent. Recoveries are up 58 percent, taking in $4 billion last year.

9. Most health plans cannot deny coverage to children under age 19 because of pre-existing conditions.

10. Insurance companies can no longer cap the dollar amount of care you can receive in a lifetime

11. Insurers cannot drop your coverage due to a mistake on your application when you get sick.


Beginning in 2014:

12. Marketplaces will be established in every state for people and small businesses that buy their own health insurance. Pregnancy, contraception and newborn care, along with vision and dental coverage for children, will be covered in all exchange plans and new plans sold to individuals and small businesses.

13. Plans will no longer be allowed to turn away people with pre-existing conditions.

14. If your income is less than about $88,000 for a family of four and your job doesn’t offer coverage, you may get tax credits to pay for insurance.

15. The national Medicaid minimum eligibility level of 133% of the federal poverty level ($29,700 for a family of four in 2011) for nearly all Americans under age 65.

16. Health care insurers will no longer be allowed to charge women more than men for their coverage.

17. Up to 30 million Americans who are currently not insured will be covered, saving thousands of American lives.

18. How is this all paid for? By slight tax increases on the investments of Americans earning over $250,000 a year, “Cadillac” insurance plans, medical device companies, penalties for businesses and individuals who can afford insurance but choose not to get it and tanning.

[Clip-Clop]

1. A Harvard study found that 45,000 Americans die every year for lack of insurance. Pretty mush everyone dies, nobody has ever died from not having insurance.

2. After a century of trying, President Obama was the first president to sign a law that would achieve near universal health insurance coverage. Not even close actually.

3. For the first time, health insurers are required to spend 80 to 85 percent of customers’ premiums on actual care. More than $1.3 billion in overcharges will be returned to consumers and employers this year. No profits for businesses that take risks, sounds like a fine idea to me.

4. The law allows many Americans under age 26 to stay on their parents’ health plans. Today, as many as three million young people have already taken advantage of this benefit. 26 is no longer young, go out and be a grown up for fks sake.

5. Tens of millions of people now getting preventive care at no extra cost, including cancer screenings and vaccinations. Last year, 32.5 million Americans on Medicare and up to 54 million Americans with private insurance received one or more free preventive services. Oh there is a cost.

6. 3.2 million small businesses — employing 19.3 million workers nationwide — were eligible last year for tax credits worth $15.4 billion or $800 per employee. Unless you actually pay your employees a decent wage.

7. 3.6 million Medicare beneficiaries saved on average of $600 each as part of the phasing out of the donut hole. Would have been better to stop the fraud.

8. Health care fraud prosecutions are up 27 percent. Recoveries are up 58 percent, taking in $4 billion last year. Needs to be better, easy system to take advantage of because it is so poorly run, like all government agencies.

9. Most health plans cannot deny coverage to children under age 19 because of pre-existing conditions. This will make things WAY cheaper...

10. Insurance companies can no longer cap the dollar amount of care you can receive in a lifetime. Same as #9

11. Insurers cannot drop your coverage due to a mistake on your application when you get sick. Or what? That is the question.


Beginning in 2014:

12. Marketplaces will be established in every state for people and small businesses that buy their own health insurance. Pregnancy, contraception and newborn care, along with vision and dental coverage for children, will be covered in all exchange plans and new plans sold to individuals and small businesses. Unless they do not want it.

13. Plans will no longer be allowed to turn away people with pre-existing conditions. #9

14. If your income is less than about $88,000 for a family of four and your job doesn’t offer coverage, you may get tax credits to pay for insurance. That is wealthy in much of the country.

15. The national Medicaid minimum eligibility level of 133% of the federal poverty level ($29,700 for a family of four in 2011) for nearly all Americans under age 65. Good. This should have always been the case.

16. Health care insurers will no longer be allowed to charge women more than men for their coverage. Private businesses should be able to charge whomever, whatever they want. Don't like it go to a competitor.

17. Up to 30 million Americans who are currently not insured will be covered, saving thousands of American lives. #9

18. How is this all paid for? By slight tax increases on the investments of Americans earning over $250,000 a year, “Cadillac” insurance plans, medical device companies, penalties for businesses and individuals who can afford insurance but choose not to get it and tanning. I think as a business owner it is for me to decide what I can and cannot afford to buy/provide.

[Riot]

What is considered a small business?

In general, you are considered a small business if you have up to 50 employees. In some states, this will include you if you are self-employed with no employees. Contact your State Department of Insurance to find out whether this applies in your state.

Can I get tax credits for providing insurance to my employees?

If you have up to 25 employees, pay average annual wages below $50,000, and provide health insurance, you may qualify for a small business tax credit of up to 35% (up to 25% for non-profits) to offset the cost of your insurance. This will bring down the cost of providing insurance.

Starting in 2014, the small business tax credit goes up to 50% (up to 35% for non-profits) for qualifying businesses. This makes the cost of providing insurance even lower.

Do I have to provide health insurance to my employees?

The Affordable Care Act does not require employers to provide health insurance for their employees.

The Employer Responsibility provision of the Affordable Care Act applies businesses with more than 50 full-time workers. To learn more read the Employer Bulletin on Automatic Enrollment, Employer Responsibility, and Waiting Periods.

What should the health insurance I offer to my employees cover?

It depends--states vary on what they require insurers to cover in small employer plans. Contact your State Department of Insurance for more information about small employer coverage requirements in your state.

What should I know when I am looking for health insurance for my employees?

If you are a small employer with 2-50 employees, health insurance companies cannot turn your business down based on the health status of your employees or their family members. This rule applies when you initially apply for small employer coverage and if you decide to change plans.

An insurer must also accept everyone in your group. Employees or family members (if you offer dependent coverage) with health conditions cannot be excluded from coverage.

Health insurance companies must sell you any small employer health plan they sell to other small employers in your state.

Contact your State Department of Insurance to learn more about your rights to getting and keeping small employer coverage.

What health insurance alternatives are available to my employees through the new law?

Starting in 2014, small businesses with generally fewer than 100 employees can shop in an Affordable Insurance Exchange—a new, transparent, competitive marketplace where individuals and small businesses can buy affordable, qualified health benefit plans. This gives small businesses power similar to what large businesses have to get better choices and lower prices for employee coverage.

Exchanges will offer more choices of high-quality coverage and lower prices. Exchanges will offer a choice of plans that meet certain benefits and cost standards.

Small businesses will benefit from insurance with lower administrative costs compared to the choices available in the small business market today because they will be able to pool together.

Limits on insurance rating, such as no more rating based on employees’ health status or gender, will lower premiums for many small businesses.

The small business tax credits and the new competition promoted by Affordable Insurance Exchanges will help keep the cost of insurance down.

Do I have to pay more based on the health status of my group?

Most states, but not all, limit how much premiums can vary due to employees’ health status and other factors. Even within these limits, premiums can be significantly higher if someone in a small employer plan has a serious health condition.

Contact your State Department of Insurance for more information about small employer rating rules in your state.

Under the Affordable Care Act, this will change. Starting in 2014, insurers won’t be allowed to charge more based on the health status of your group or the gender of your employees. There will also be limits on how much premiums can vary based on age.

Can an insurer cancel my small employer plan because one of my employees gets sick?

No, your insurance for the group (or for any member of the group) cannot be canceled because someone in your group becomes sick. This is called “guaranteed renewal.”

Do I have to report the cost of insurance in my employees’ W-2 forms?

Employers do not have to report the cost of insurance on employee W-2s in 2011. This reporting is optional in 2011.

The reporting requirement is intended to be informational and provide employees with greater transparency into health care costs. The amounts reported are not taxable.

Learn more about the W-2 reporting deferral from the IRS.

[hoovesupsideyourhead]

Originally Posted by Clip-Clop

1. A Harvard study found that 45,000 Americans die every year for lack of insurance. Pretty mush everyone dies, nobody has ever died from not having insurance.

2. After a century of trying, President Obama was the first president to sign a law that would achieve near universal health insurance coverage. Not even close actually.

3. For the first time, health insurers are required to spend 80 to 85 percent of customers’ premiums on actual care. More than $1.3 billion in overcharges will be returned to consumers and employers this year. No profits for businesses that take risks, sounds like a fine idea to me.

4. The law allows many Americans under age 26 to stay on their parents’ health plans. Today, as many as three million young people have already taken advantage of this benefit. 26 is no longer young, go out and be a grown up for fks sake.

5. Tens of millions of people now getting preventive care at no extra cost, including cancer screenings and vaccinations. Last year, 32.5 million Americans on Medicare and up to 54 million Americans with private insurance received one or more free preventive services. Oh there is a cost.

6. 3.2 million small businesses — employing 19.3 million workers nationwide — were eligible last year for tax credits worth $15.4 billion or $800 per employee. Unless you actually pay your employees a decent wage.

7. 3.6 million Medicare beneficiaries saved on average of $600 each as part of the phasing out of the donut hole. Would have been better to stop the fraud.

8. Health care fraud prosecutions are up 27 percent. Recoveries are up 58 percent, taking in $4 billion last year. Needs to be better, easy system to take advantage of because it is so poorly run, like all government agencies.

9. Most health plans cannot deny coverage to children under age 19 because of pre-existing conditions. This will make things WAY cheaper...

10. Insurance companies can no longer cap the dollar amount of care you can receive in a lifetime. Same as #9

11. Insurers cannot drop your coverage due to a mistake on your application when you get sick. Or what? That is the question.


Beginning in 2014:

12. Marketplaces will be established in every state for people and small businesses that buy their own health insurance. Pregnancy, contraception and newborn care, along with vision and dental coverage for children, will be covered in all exchange plans and new plans sold to individuals and small businesses. Unless they do not want it.

13. Plans will no longer be allowed to turn away people with pre-existing conditions. #9

14. If your income is less than about $88,000 for a family of four and your job doesn’t offer coverage, you may get tax credits to pay for insurance. That is wealthy in much of the country.

15. The national Medicaid minimum eligibility level of 133% of the federal poverty level ($29,700 for a family of four in 2011) for nearly all Americans under age 65. Good. This should have always been the case.

16. Health care insurers will no longer be allowed to charge women more than men for their coverage. Private businesses should be able to charge whomever, whatever they want. Don't like it go to a competitor.

17. Up to 30 million Americans who are currently not insured will be covered, saving thousands of American lives. #9

18. How is this all paid for? By slight tax increases on the investments of Americans earning over $250,000 a year, “Cadillac” insurance plans, medical device companies, penalties for businesses and individuals who can afford insurance but choose not to get it and tanning. I think as a business owner it is for me to decide what I can and cannot afford to buy/provide.

exactly..great post

[jms62]

Originally Posted by Clip-Clop

1. A Harvard study found that 45,000 Americans die every year for lack of insurance. Pretty mush everyone dies, nobody has ever died from not having insurance.

2. After a century of trying, President Obama was the first president to sign a law that would achieve near universal health insurance coverage. Not even close actually.

3. For the first time, health insurers are required to spend 80 to 85 percent of customers’ premiums on actual care. More than $1.3 billion in overcharges will be returned to consumers and employers this year. No profits for businesses that take risks, sounds like a fine idea to me.

4. The law allows many Americans under age 26 to stay on their parents’ health plans. Today, as many as three million young people have already taken advantage of this benefit. 26 is no longer young, go out and be a grown up for fks sake.

5. Tens of millions of people now getting preventive care at no extra cost, including cancer screenings and vaccinations. Last year, 32.5 million Americans on Medicare and up to 54 million Americans with private insurance received one or more free preventive services. Oh there is a cost.

6. 3.2 million small businesses — employing 19.3 million workers nationwide — were eligible last year for tax credits worth $15.4 billion or $800 per employee. Unless you actually pay your employees a decent wage.

7. 3.6 million Medicare beneficiaries saved on average of $600 each as part of the phasing out of the donut hole. Would have been better to stop the fraud.

8. Health care fraud prosecutions are up 27 percent. Recoveries are up 58 percent, taking in $4 billion last year. Needs to be better, easy system to take advantage of because it is so poorly run, like all government agencies.

9. Most health plans cannot deny coverage to children under age 19 because of pre-existing conditions. This will make things WAY cheaper...

10. Insurance companies can no longer cap the dollar amount of care you can receive in a lifetime. Same as #9

11. Insurers cannot drop your coverage due to a mistake on your application when you get sick. Or what? That is the question.


Beginning in 2014:

12. Marketplaces will be established in every state for people and small businesses that buy their own health insurance. Pregnancy, contraception and newborn care, along with vision and dental coverage for children, will be covered in all exchange plans and new plans sold to individuals and small businesses. Unless they do not want it.

13. Plans will no longer be allowed to turn away people with pre-existing conditions. #9

14. If your income is less than about $88,000 for a family of four and your job doesn’t offer coverage, you may get tax credits to pay for insurance. That is wealthy in much of the country.

15. The national Medicaid minimum eligibility level of 133% of the federal poverty level ($29,700 for a family of four in 2011) for nearly all Americans under age 65. Good. This should have always been the case.

16. Health care insurers will no longer be allowed to charge women more than men for their coverage. Private businesses should be able to charge whomever, whatever they want. Don't like it go to a competitor.

17. Up to 30 million Americans who are currently not insured will be covered, saving thousands of American lives. #9

18. How is this all paid for? By slight tax increases on the investments of Americans earning over $250,000 a year, “Cadillac” insurance plans, medical device companies, penalties for businesses and individuals who can afford insurance but choose not to get it and tanning. I think as a business owner it is for me to decide what I can and cannot afford to buy/provide.

To point 3. Id much rather have the CEO of United Healthcare pull in 300 million a year and myself have to pay for half my medication because they decide not to cover the full amount anymore.
PS I am very happy you Are not affected by the fires.

[Clip-Clop]

Originally Posted by jms62

To point 3. Id much rather have the CEO of United Healthcare pull in 300 million a year and myself have to pay for half my medication because they decide not to cover the full amount anymore.
PS I am very happy you Are not affected by the fires.

I do not agree with any company paying salaries like that to anyone. If I am a shareholder I would be pissed. I also disagree with the way insurance companies operate as well, especially when it come to prescriptions, while I am medicine free my wife is not, but the way this has been written it is going to make things worse IMO.
Thank you for the PS, we actually thought we saw something burning in our area this morning on our run but it was a distant reflection of the sunrise. Paranoia is rampant around here.

[Riot]

Originally Posted by Clip-Clop

Thank you for the PS, we actually thought we saw something burning in our area this morning on our run but it was a distant reflection of the sunrise. Paranoia is rampant around here.

Seems like things are temporarily looking up there, glad you guys are still okay. Still hot, dry, dangerous.

[Antitrust32]

Originally Posted by jms62

To point 3. Id much rather have the CEO of United Healthcare pull in 300 million a year and myself have to pay for half my medication because they decide not to cover the full amount anymore.
PS I am very happy you Are not affected by the fires.

you want to know whats funny?

Prior to Obamacare I only had to pay $10 for scrips

Ever since Obamacare passed and United Healthcare dramatically changed their insurance plans... I now must pay the full amount.

Obamacare turned my personal insurance to absolute ****.

[jms62]

Originally Posted by Antitrust32

you want to know whats funny?

Prior to Obamacare I only had to pay $10 for scrips

Ever since Obamacare passed and United Healthcare dramatically changed their insurance plans... I now must pay the full amount.

Obamacare turned my personal insurance to absolute ****.

Or did United Healthcare see it as an opportunity to gouge knowing they could deflect the blame.

[Clip-Clop]

Originally Posted by jms62

Or did United Healthcare see it as an opportunity to gouge knowing they could deflect the blame.

Weren't gouging opportunities supposed to be eliminated by this?

[jms62]

Originally Posted by Clip-Clop

Weren't gouging opportunities supposed to be eliminated by this?

That's what they say but I will withold judgement and placing blame until it ACTUALLY goes into affect.

[Danzig]

http://factcheck.org/2012/06/romney-...re-falsehoods/


fact check on obamacare.


and i have to say, i find a republican griping about the feds getting between you and your doctor to be quite disingenuous, and highly ironic.

[Antitrust32]

Originally Posted by jms62

Or did United Healthcare see it as an opportunity to gouge knowing they could deflect the blame.

that could very well be the case, but it doesnt change my insurance plan back to a good one.

according to UHC, the cadillac tax which will come into affect in 2014 was the reason they were changing the plans... my former plan was certainly no caddy in my eyes. now my plan is equivalent to a bicycle.

at any rate, I've only been hurt by the new health care law, and things wont be getting better.

[Danzig]

Originally Posted by Antitrust32

that could very well be the case, but it doesnt change my insurance plan back to a good one.

according to UHC, the cadillac tax which will come into affect in 2014 was the reason they were changing the plans... my former plan was certainly no caddy in my eyes. now my plan is equivalent to a bicycle.

at any rate, I've only been hurt by the new health care law, and things wont be getting better.

it's why the title of this thread is a misnomer. tony and i are middle class, the garbage doesn't do a thing for us. of course we'll pay for it-maybe that's what was meant? or perhaps it's in comparison to the current economy? because that's doing wonders for us caught in the middle as well. just grist in the mill.

[Danzig]

Originally Posted by jms62

Or did United Healthcare see it as an opportunity to gouge knowing they could deflect the blame.

the health insurers are going to have to do everything they can to continue to make a profit. you ever run a business? there aren't many who can only put 15% of their money into the business and keep it running.

the company i work for announced that there will be rebates forthcoming to their health plan participants. their health insurer spend only 84.7% on claims, so they get to distribute a whopping .3% rebate. a couple of dollars. yeah, that's so worth having coverages changed, curtailed, removed...but at least there are 'free things' being covered now.
lmao. yeah, free.

[jms62]

Originally Posted by Danzig

the health insurers are going to have to do everything they can to continue to make a profit. you ever run a business? there aren't many who can only put 15% of their money into the business and keep it running.

the company i work for announced that there will be rebates forthcoming to their health plan participants. their health insurer spend only 84.7% on claims, so they get to distribute a whopping .3% rebate. a couple of dollars. yeah, that's so worth having coverages changed, curtailed, removed...but at least there are 'free things' being covered now.
lmao. yeah, free.

Nothing really needs to be said.

http://www.forbes.com/lists/2011/12/...n-11_land.html

[Riot]

Originally Posted by Antitrust32

you want to know whats funny?

Prior to Obamacare I only had to pay $10 for scrips

Ever since Obamacare passed and United Healthcare dramatically changed their insurance plans... I now must pay the full amount.

Obamacare turned my personal insurance to absolute ****.

No. That's your personal insurance company screwing you real good one last time.

There is zero in "Obamacare" that has gone into effect that has anything at all to do with that.

[Riot]

Originally Posted by Danzig

the health insurers are going to have to do everything they can to continue to make a profit. you ever run a business? there aren't many who can only put 15% of their money into the business and keep it running.

the company i work for announced that there will be rebates forthcoming to their health plan participants. their health insurer spend only 84.7% on claims, so they get to distribute a whopping .3% rebate. a couple of dollars. yeah, that's so worth having coverages changed, curtailed, removed...but at least there are 'free things' being covered now.
lmao. yeah, free.

The Affordable Care Act instituted consumer protections against price-gouging, one being that insurance companies must spend at least 80% of your insurance premium dollar on actual health care (rather than, oh, golden parachutes and management bonuses).

Oh, my - you are getting a rebate! That is reason to

A) Be happy your insurance company can no longer price-gouge you
B) Hate the law that protects you from price-gouging
C) Get help for the cognitive dissonance - at least you're covered for that now, by law

[Danzig]

Originally Posted by jms62

Nothing really needs to be said.

http://www.forbes.com/lists/2011/12/...n-11_land.html

yep...people think that by passing laws to control costs that they're helping..but companies ceo's, stockholders, big players etc are still going to get theirs. does anyone really think that someone will willingly take a cut so that prices don't go up??? yeah, right! yeah, the co's are going to lower their bottom line, and pass on savings. ha!!! yeah, i have ocean front property here in arkansas for sale, cheap.

[paulo537]

Originally Posted by Riot

The Affordable Care Act instituted consumer protections against price-gouging, one being that insurance companies must spend at least 80% of your insurance premium dollar on actual health care (rather than, oh, golden parachutes and management bonuses).

Oh, my - you are getting a rebate! That is reason to

A) Be happy your insurance company can no longer price-gouge you
B) Hate the law that protects you from price-gouging
C) Get help for the cognitive dissonance - at least you're covered for that now, by law

You seem to think that being in the health insurance business is just a racket for price-gouging, unethical evil doers. If it was so easy, why have all but 5 major comanies stopped writing group health insurance nationwide?

With your logic, we should be surprised that there are not 20 or 30 doing so, like there was 25 years ago.

By the way, there is absolutely nothing in the new law that insurance companies cannot manage. No annual maximums?.... ok, raise rates. No rating up for pre-ex conditions? .... no problem, raise rates. "Free" PReventive Care? ... sure, ... raise rates.

Health insurance rates are going to skyrocket. The pool of all insured people
through commercial carriers is going to deteriorate, health-wise. It has to.

The only question is whether the modest number of positives in the bill outweigh the higher cost for every person who is insured. Maybe that happens.

This is what is happening now:

1. Small Employer (<51 emps) plans will drop like flies. The penalties are just too soft.
2. Nothing has been reformed in health care. Just health care insurance has been reformed.

If you think that increased screening during preventive care and covering the kids until they are closer to an AARP card than their first birthday outweighs the unadressed reasons why HC itself costs so damn much then you should be a very happy person.

If you think insurance companies are shaking with fear at the new law, think again.