12 Days of Obamacare Surprises

Discussion in 'Politics' started by P@triot, Dec 17, 2012.

  1. P@triot
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    P@triot Gold Member

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    The Individual Mandate

    In 2010, the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) estimated that 4 million people would pay the penalty in 2016 and that collections from those penalties would be about $4 billion per year between 2017 and 2019.

    In 2012, the CBO and JCT updated their estimate of those paying the mandate to 6 million people in 2016, totaling $7 billion in tax revenue and growing to $8 billion per year from 2017-2022.

    Surprise: That’s an increase of 2 million more uninsured people paying the penalty each year and about $3 billion more in tax collections annually.

    Obamacare Surprises: The Individual Mandate
     
  2. Toronado3800
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    Toronado3800 VIP Member

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    Damn. So six million people would otherwise be totally milking the system and getting Eisenhower/Nixon/Reagan era socialized healthcar if Obama did not slap them with that silly fine.

    I say doubke the fine every year!

    Well we just can't send folks to debtors prison....moderation I must remind myself.
     
  3. P@triot
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    P@triot Gold Member

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    First of all, if these people are sooooo poor and exploited, how are they going to pay the fine?

    Second, and much more importantly, they can only "milk the system" because of the idiot liberal dumbocrat policy that set up the system, allowing it to be milked in the first place.

    If hospitals could do what other businesses can do (and ALL businesses should be able to do), and turn away customers who can't pay, then none of this would be a problem.
     
  4. Toronado3800
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    Toronado3800 VIP Member

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    Jusy curious, who did set up the old system. I blamed Eisenhower, Nixon and Reagan somewhat as a joke. Well, none really did anything about it.

    I suppose we must first know when going to the doctor became a good idea and then when it became so costly. Was it the 50's? Did doctors always treat those who could not pay?
     
  5. P@triot
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    P@triot Gold Member

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    In 2010, the Congressional Budget Office (CBO) estimated that the Small Employer Tax Credit would cost the federal government $37 billion over 10 years.

    In 2012, the CBO updated its estimate, projecting the credit would cost $23 billion over 10 years.

    Surprise: The small business tax credit is now projected to cost $14 billion less than the original estimate. This is largely due to a drastic overestimate of how many small employers would apply or be eligible for the credit. Of the possible 4 million small employers that were eligible, only about 170,000 received the credit. In 2010, the credits paid to small employers were only $468 million compared to the initial cost estimate of $2 billion.

    For small employers, this tax credit is more like getting coal in your stocking than a gift.

    12 Days of Obamacare Surprises: Small Business Tax Credit
     
  6. P@triot
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    P@triot Gold Member

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    In 2010, the Congressional Budget Office (CBO) projected that Obamacare’s provisions would generate $669 billion in additional revenue for the federal government from 2010-2019. This figure includes taxes, penalties, fees, and associated effects on revenue from Obamacare and excludes tax credits.

    In 2012, the CBO updated its projections for the same taxes, penalties, fees, and associated effects to equal $1.24 trillion (excluding tax credits) from 2013-2022—which includes two additional years of Obamacare’s implementation. One of the many reasons the estimate is higher is because the number of people paying the individual mandate tax has increased by 2 million.

    Surprise: That’s an increase of $571 billion worth of taxes, fees, penalties, and effects on the American public, all to pay for Obamacare. Now that’s a crummy Obamacare gift Americans won’t be happy to receive.

    Obamacare Taxes: 12 Days of Obamacare Surprises
     
  7. beretta304
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    beretta304 BANNED

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    [ame=http://www.youtube.com/watch?feature=player_detailpage&v=lA19CP5ZqZ8]12 Days of Obamacare - YouTube[/ame]
     
  8. P@triot
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    P@triot Gold Member

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    In 2010, the Congressional Budget Office (CBO) projected that exchange subsidies would average $6,000 per enrollee in 2019, for a total cost of $113 billion.

    In 2012, the CBO updated its projection for an average subsidy cost of $6,470 per enrollee in 2019. The total cost of subsidies and related spending is now projected to be $137 billion in 2019.

    Surprise: With premiums higher than initially anticipated, the average subsidy is now projected to cost $470 more per person in 2019 alone. This increase in projections of about 8 percent is an indication that both health care premiums and the cost of Obamacare will continue to rise faster than reindeer take flight!

    Obamacare Subsidies: Exchange Subsidies to Cost More
     
  9. P@triot
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    P@triot Gold Member

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    In 2010, the Congressional Budget Office (CBO) projected that Obamacare would insure 32 million non-elderly people by 2019, leaving 23 million non-elderly Americans uninsured.

    In 2012, the CBO updated its projection to show that Obamacare would provide coverage for 36 million people through Medicaid and subsidized coverage in the government-run exchanges, leaving 30 million Americans uninsured in 2022.

    Surprise: That’s a projected increase of 7 million additional Americans who will remain uninsured despite Obamacare’s costly efforts to expand coverage.

    “7 swans-a-swimming?” 7 million more-a-sinking is more like it.

    Obamacare Will Leave Uninsured Americans
     
  10. P@triot
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    In the March 2012 baseline, the Congressional Budget Office (CBO) projected that by 2022, Obamacare would enroll 17 million additional Americans into Medicaid.

    In a July 2012 update, the CBO incorporated the Supreme Court decision that made Obamacare’s Medicaid expansion optional for states. Now that states have a choice in the matter, the CBO decreased its Medicaid enrollment projection by 6 million people in 2022.

    Surprise: Without explaining their methodology, the CBO projected that exactly half of those no longer projected to be on Medicaid would become uninsured and that the other half would enroll in the exchanges. CBO’s rationale is about as clear as eggnog.

    Obamacare: Half Not Enrolling in Medicaid Become Uninsured
     

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