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Cigar
05-28-2013, 06:47 AM
For quite some time, I have been predicting that Obamacare would likely mean higher insurance rates in the individual market for the “young immortals” and others under the age of 40. At the same time, my expectation was that those who fall into the older age ranges would benefit greatly as their premium charges would be lowered thanks to the Affordable Care Act.

It is increasingly clear that I had it wrong.

Yesterday, Covered California—the name given to the healthcare exchange created pursuant to the Affordable Care Act that will serve the largest population of insured citizens in the nation—released the premium rates submitted by participating health insurance companies for the three health insurance program categories (bronze, silver and gold) established by the Affordable Care Act, along with the catastrophic policy created for and available to those under the age of 30.

Upon reviewing the data, I was indeed shocked by the proposed premium rates—but not in the way you might expect. The jolt that I was experiencing was not the result of the predicted out-of-control premium costs but the shock of rates far lower than what I expected—even at the lowest end of the age scale.

http://www.forbes.com/sites/rickungar/2013/05/24/unexpected-health-insurance-rate-shock-california-obamacare-insurance-exchange-announces-premium-rates/

In other California new ............ :grin:

California Faces Huge Budget SurplusAfter years of grueling battles over state budget deficits and spending cuts, California has a new challenge on its hands: too much money. An unexpected surplus is fueling an argument over how the state should respond to its turn of good fortune.

The amount is a matter of debate, but by any measure significant: between $1.2 billion, projected by Gov. Jerry Brown, and $4.4 billion, the estimate of the Legislature’s independent financial analyst. The surplus comes barely three years after the state was facing a deficit of close to $60 billion.

At first glance, the situation should be welcome news in a state overwhelmingly controlled by Democrats, who have spent much of their time slashing programs they support. After last November’s elections, the party has two-thirds majorities in the Assembly and the Senate, relegating Republicans almost completely to the sidelines.

Instead, the surplus has set off a debate about the durability of new revenues, and whether the money should be used to reverse some of the spending cuts or set aside to guard against the inevitable next economic downturn.

http://www.nytimes.com/2013/05/26/us/californias-new-problem-too-much-money.html?hp&_r=1&


... just get out of the way and let The Democrats finish cleaning up 30 years of Reaganomics :laugh:

Mainecoons
05-28-2013, 07:03 AM
The so-called "Cadillac Tax" facing employers who offer premium healthcare plans to their workers already is affecting employees, even though it doesn't kick in until 2018.

Employers say they have to get started bringing down costs now, The New York Times reports, (http://www.nytimes.com/2013/05/28/business/cadillac-tax-health-insurance.html?hp&_r=2&) so employees who are used to $20 co-pays at the doctor's office and $500 deductibles are learning a new reality. Many now are looking at deductibles as high as $6,000 for families.

That's exactly how Obamacare planners designed it, the Times story says. The intent of what is officially known as the Affordable Care Act all along was to get companies to drop plans that protect workers from the high cost of healthcare, which can lead to unnecessary tests and procedures.


Read Latest Breaking News from Newsmax.com http://www.newsmax.com/US/cadillac-tax-obamacare-plans/2013/05/27/id/506527#ixzz2UaVhXeuv

One of these days you might learn that there is no such thing as a free lunch. Unless, of course, you play the affirmative action game.

zelmo1234
05-28-2013, 07:15 AM
Cig if you go into the comments you will see some readers actually posted the affordable rates???

Well maybe they are not all that affordable

Cigar
05-28-2013, 07:22 AM
If your business margins are being devoured my Healthcare for your valued contributors ...

... think of it this way, would you have valued contributors if you didn't provide Healthcare?

Anyone over the age of 35 and worth their value and service, wouldn't bother working for a Company or Business that didn't provide the best Healthcare possible.

... would you? :wink:

Healthcare is now as valuable as signing bonuses ... you don't get the best without it.

What company are "you" going to commit yourself to?

The one that provide the lest or the one that provides the best?

Cigar
05-28-2013, 07:27 AM
REPUBLICARE IN A NUTSHELLhttp://www.newyorker.com/online/blogs/shouts/healthcare-290.png

House Republicans desperately want to rid the world of the Affordable Care Act. On that, their sincerity cannot be doubted. But as both their budget and their health-care record show, they are woefully unprepared for a world in which they actually succeeded.

What Is Republicare?

Republicare is the non-socialistic, non-handout, non-affordable insurance program that insures health-care providers against catastrophic profit-margin problems.

Republicare includes all insurance providers, lobbyists, pharmaceutical manufacturers, medical-equipment providers, banks, savings & loans, and collection agencies licensed by Republicare, Inc. to take money from people who claim to be “sick.”*

* This includes “seniors”—defined by Republicare as any living person too enfeebled by age to know that he or she should have put away enough money to pay for keeping him or herself alive, yet is too stubborn to expire.

http://www.newyorker.com/online/blogs/shouts/2013/05/republicare-in-a-nutshell.html

http://media.cagle.com/107/2012/07/09/114777_600.jpg

zelmo1234
05-28-2013, 07:46 AM
Nice Cigar

Thou both are based in fantasy land. We had our first weekend with the Icecrean truck designed to teach young kids how to run a business.

We had 73 adult applications for the 2 positions that we needed to fill with adults!

The truth is that in an employees market where they are more openings that people to fill them that would be true, But in todays work place I can hire over qualified people for less than I would have to pay those there were just qualified in the past.

And the good news, because a very sharp young lady figured out that sitting in a high traffic area was less expensive than driving the streets, on a cold and windy weekend, they were able to turn a small profit. of about 300 dollars. what these kids do not realize is that all of these profits will be devided among them when they leave for collage this fall!

So not only are they making money, but they all will get a gift in the form of a Scholarship fund! So if they ahve a hot summer, and they work hard, the sky is the limit on what they can earn for their education!

Cigar
05-28-2013, 07:48 AM
Nice Cigar

Thou both are based in fantasy land. We had our first weekend with the Icecrean truck designed to teach young kids how to run a business.

We had 73 adult applications for the 2 positions that we needed to fill with adults!

The truth is that in an employees market where they are more openings that people to fill them that would be true, But in todays work place I can hire over qualified people for less than I would have to pay those there were just qualified in the past.

And the good news, because a very sharp young lady figured out that sitting in a high traffic area was less expensive than driving the streets, on a cold and windy weekend, they were able to turn a small profit. of about 300 dollars. what these kids do not realize is that all of these profits will be devided among them when they leave for collage this fall!

So not only are they making money, but they all will get a gift in the form of a Scholarship fund! So if they ahve a hot summer, and they work hard, the sky is the limit on what they can earn for their education!

Whatever your standards are ... is your standards ... enjoy. :wink:

lynn
05-28-2013, 07:50 AM
There is no shortage of job applicants these days so employers definitely have the upper hand of who they select to work for them. Higher costs for Health care coverage is going to be a big factor in how employers select job applicants. If you are over weight or in the high risk age bracket of 50 - 64 years of age when age related chronic conditions begins to emerge, getting a job will become difficult.

Legally they are not allowed to discriminate but that is easy to get around that law. Providing the best healthcare for their employees is no longer affordable for businesses these days. They now have the added burden of enforcing their employees to live more healthier lifestyles which will cause employees to feel resentment towards their employers.

We have lost many freedoms with this mandate and its only going to get much worst in the future.

Mainecoons
05-28-2013, 08:17 AM
http://www.newsmax.com/Newsfront/Obamacare-poll-CNN/2013/05/27/id/506496

Cigar
05-28-2013, 08:33 AM
There is no shortage of job applicants these days so employers definitely have the upper hand of who they select to work for them. Higher costs for Health care coverage is going to be a big factor in how employers select job applicants. If you are over weight or in the high risk age bracket of 50 - 64 years of age when age related chronic conditions begins to emerge, getting a job will become difficult.

Legally they are not allowed to discriminate but that is easy to get around that law. Providing the best healthcare for their employees is no longer affordable for businesses these days. They now have the added burden of enforcing their employees to live more healthier lifestyles which will cause employees to feel resentment towards their employers.

We have lost many freedoms with this mandate and its only going to get much worst in the future.



Would you mind listing all the "freedoms" you now no longer have because President Obama was Elected?