More Obamacare fuckups

[Warriorbird]

For my personal health care, I certainly would manage something better than the current state of things. Give me a little over a million bucks and after taxes I am sure I can invest it well enough to pay for exceptional insurance and decent health care for the rest of my life excluding massive critical care, which, the insurance is there to cover.

I love the PC. Thanks!

[Showal]

For my personal health care, I certainly would manage something better than the current state of things. Give me a little over a million bucks and after taxes I am sure I can invest it well enough to pay for exceptional insurance and decent health care for the rest of my life excluding massive critical care, which, the insurance is there to cover.

Are you sure? There is nothing you'd reconsider about this? I'd love to see what you'd implement if given what your actual share would be (after taxes).

[Jarvan]

Uh I haven't kept up with this entire thread, but HSA's doom nothing, except rampant medical cost inflation, which we sorta want to doom.

HSAs fix the moral hazard problem of the third party payment system which, more than anything else, reduces normal market price signals and is to blame for the high rate of medical cost inflation. It doesn't fix the problem entirely, but it is better than anything else we currently have.

Someone with a catastrophic injury does fine under an HSA, they're always paired with high deductible health insurance accounts (by law). Which actually tend to offer better benefits once that deductible is reached. So if you get impaled by a fence post and have $100,000 in medical bills you're as fine under an HSA as you'd be under anything else.

The whole overall goal behind an HSA is to get the patient involved in more of his or her own healthcare spending decisions for mundane planned smaller expenses, incentivizing them to reduce unnecessary consumption or shop around on price when possible. And if you're healthy for a number of years you can bank that for later.

Yes, I know this. I tended to sell these as best options for healthy people when I worked for Aetna. HSA are not as good for people with chronic medical conditions, but if the other option is a HDHP without an HSA, then it's all the same. Obamacare plans are HDHP's without HSAs. Which makes them shit.

This is from the Treasury..

"High deductible health plan. For calendar year 2014, a “high deductible health plan” is defined under § 223(c)(2)(A) as a health plan with an annual deductible that is not less than $1,250 for self-only coverage or $2,500 for family coverage, and the
annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $6,350 for self-only coverage or $12,700 for family coverage. "

The plans crafted by Obamacare All have a Max OOP of 6,350$ The deductibles are generally WELL over then 1,250 needed to qualify. Yet MOST PLANS do not qualify for an HSA.

They also changed a number of rules for an HSA. Over the counter drugs are no longer covered. This is idiotic. Also, early withdraw has been changed from 10% tax to 20% tax. That one.. yeah I can almost see.

Suffice it to say tho.. the Government DOESN'T want Joe Citizen to be able to save money on medical expenses. They want you to pay taxes on ALL your medical expenses if possible.

HSA's really are good for anyone with a HDHP. After all, if you get sick and have to go to the hospital, you will have to pay the bill either way. Why not have it be EASILY tax deductible, instead of only those that do itemized taxes be able to save?

Frankly.. this is a bigger hit to the poor, and the lower middle, then it is to anyone else. Yet no one talks about it.

[Jarvan]

You can't explain that math.

It's based on CBO estimates. It's a Government works project, we always know they lowball the real numbers. Actual cost to give 317 million people 1 million dollars....

720 trillion. (Hey, there is administrative costs in giving away 317 trillion)

[Latrinsorm]

It's based on CBO estimates. It's a Government works project, we always know they lowball the real numbers. Actual cost to give 317 million people 1 million dollars....

720 trillion. (Hey, there is administrative costs in giving away 317 trillion)

Even when I make played out meme references, people don't get me.

[Jarvan]

Even when I make played out meme references, people don't get me.

lol. nah, just think my answer is better.

[Methais]

Hey guys I heard Obama announced an executive order fix and that everything with Obamacare is all better now and the country is saved!

[Tgo01]

Hey guys I heard Obama announced an executive order fix and that everything with Obamacare is all better now and the country is saved!

I won't believe this until it is presented in a pic or infographic form.

[Methais]

I won't believe this until it is presented in a pic or infographic form.

My mistake.

[Jarvan]

It's funny. (I know both sides do it but still) Isn't the President's job, and in fact he is sworn under oath to do, is uphold the laws of this land? So why is it when the Republicans say lets change or do away with it, it's the "Law of the Land" but when he needs to do something to save face, help out a key voting block, or not utterly destroy the economy BEFORE mid-terms, it's perfectly ok to not uphold the law?

I don't see actually how he can just choose to "not enforce" one aspect of the law, yet enforce another. It would be like a DA not prosecuting bank robbers for armed robber, but ticketing them for jay walking to their get away car.