You will be paying a Sales Tax on Health insurance..

Discussion in 'Politics' started by healthmyths, Dec 4, 2012.

  1. healthmyths
    Online

    healthmyths Gold Member Supporting Member

    Joined:
    Sep 19, 2011
    Messages:
    15,424
    Thanks Received:
    2,093
    Trophy Points:
    245
    Ratings:
    +3,979
    Sales tax on health insurance:

    A new sales tax on health insurance that will add to the cost of coverage for people purchasing coverage on their own, for small employers, and for Medicare and Medicaid beneficiaries with private coverage.
    The Congressional Budget Office (CBO) said that this tax will be “largely passed through to consumers in the form of higher premiums.” And an analysis by Oliver Wyman estimates that this tax “will increase premiums in the insured market on average by 1.9% to 2.3% in 2014,” and by 2023 “will increase premiums 2.8% to 3.7%.”
    Amount of tax collected over next 10 years...$73 Billion
    "What are the new taxes included in Obama's Healthcare Bill?"
     
    • Thank You! Thank You! x 1
  2. Rozman
    Offline

    Rozman Gold Member Supporting Member

    Joined:
    Sep 18, 2009
    Messages:
    16,592
    Thanks Received:
    3,068
    Trophy Points:
    290
    Location:
    Brooklyn,NY
    Ratings:
    +6,709
    Aw what the hell the more taxes the better.
    The Libs say the more taxes we pay the better the economy....
    So soon we will have the World's greatest economy.
     
    • Thank You! Thank You! x 1
  3. g5000
    Offline

    g5000 Diamond Member

    Joined:
    Nov 26, 2011
    Messages:
    57,795
    Thanks Received:
    9,565
    Trophy Points:
    2,030
    Ratings:
    +25,703
    Letter from the Congressional Joint Committee on Taxation to Senator Kyl.


    So if this excise tax remains in effect, a family of four will pay $350 - $400 a year more for health insurance.

    This fee is part of ObamaCare.
    .
     
  4. g5000
    Offline

    g5000 Diamond Member

    Joined:
    Nov 26, 2011
    Messages:
    57,795
    Thanks Received:
    9,565
    Trophy Points:
    2,030
    Ratings:
    +25,703
    http://www.gpo.gov/fdsys/pkg/PLAW-111publ152/pdf/PLAW-111publ152.pdf

    .
     
  5. healthmyths
    Online

    healthmyths Gold Member Supporting Member

    Joined:
    Sep 19, 2011
    Messages:
    15,424
    Thanks Received:
    2,093
    Trophy Points:
    245
    Ratings:
    +3,979
    This is part of the cost that the people that calculate insurance premiums, "actuaries" have projected that will cause private health insurance premiums to increase 122% by 2017.
    SOA - Society of Actuaries - Design and Implementation Considerations of ACA Risk Mitigation Programs
    This report:Design and Implementation Considerations of ACA Risk Mitigation Programs
    pages 6 and 7 and you'll see Average annual premium of $2,553 will increase (These EXPERTS calculate!!) to in 2017 $6,158 and 141% increase!!!
     
  6. WillowTree
    Offline

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,883
    Thanks Received:
    10,351
    Trophy Points:
    2,030
    Ratings:
    +15,720
    Whatever the fuck Sebilieus can dish out to the american voter they damn well deserve.. Yay team!
     
  7. healthmyths
    Online

    healthmyths Gold Member Supporting Member

    Joined:
    Sep 19, 2011
    Messages:
    15,424
    Thanks Received:
    2,093
    Trophy Points:
    245
    Ratings:
    +3,979
    Just an interesting observation... MOST Anti-Obama/Anti-progressive contributors here usually providing SOURCING for their comments where as the Obamatron/Democrat/Liberal provides anecdotal, subjective, hysterical and name calling with NO sourcing for their wild statements!
     
  8. WillowTree
    Offline

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,883
    Thanks Received:
    10,351
    Trophy Points:
    2,030
    Ratings:
    +15,720
    yes but remember now dumbass the motherfucker told you your premiums would go down 2500 dollars..
     

Share This Page