Will dems bring back Obamacare penalty?
- Thread starter Invisibleflash
- Start date
danielpalos
Diamond Member
- Banned
- #42
Raising the minimum wage affects demand and the multiplier more than just health insurance.
Monk-Eye
Gold Member
- Feb 3, 2018
- 4,144
- 1,021
- 140
" Up Front Would Have Had To Supplement All Income Brackets "
* Democrat Over Drawn Authoritarian Policies As Usual *
If the aca had mandated insurance only for those who qualify for the tax reimbursement , then the individual mandate may have been constitutional ; however , the individual mandate applied even to those outside the 400% poverty line - Low Cost Marketplace Health Care, Qualifying Income Levels .
en.wikipedia.org
Health Insurance Premiums and Cost Sharing under PPACA for Average Family of 4[98][103][104][105][106]
* Democrat Over Drawn Authoritarian Policies As Usual *
The issue with individual mandate is that once an individual or family is no longer qualified for the tax reimbursement by earning beyond 400% of the poverty line , the out of pocket premium expenses for insurance may be exorbitant ; the government cannot mandate insurance to those whose premiums its does not subsidize .
If the aca had mandated insurance only for those who qualify for the tax reimbursement , then the individual mandate may have been constitutional ; however , the individual mandate applied even to those outside the 400% poverty line - Low Cost Marketplace Health Care, Qualifying Income Levels .
Provisions of the Affordable Care Act - Wikipedia
| Income % of federal poverty level | Premium Cap as a Percentage of Income | Income $ (family of 4)a | Max Annual Out-of-Pocket Premium | Premium Savingsb | Additional Cost-Sharing Subsidy |
|---|---|---|---|---|---|
| 100% | 2% | $23,850 | $477 | $10,851 | $5,040 |
| 133% | 3% | $31,721 | $952 | $10,376 | $5,040 |
| 150% | 4% | $35,775 | $1,431 | $9,897 | $5,040 |
| 200% | 6.3% | $47,700 | $3,005 | $8,323 | $4,000 |
| 250% | 8.05% | $59,625 | $4,800 | $6,528 | $1,930 |
| 300% | 9.5% | $71,550 | $6,797 | $4,531 | $1,480 |
| 350% | 9.5% | $83,475 | $7,930 | $3,398 | $1,480 |
| 400% | 9.5% | $95,400 | $9,063 | $2,265 | $1,480 |
Last edited:
danielpalos
Diamond Member
- Banned
- #44
Solving simple poverty via UC means all those persons can also participate in that market sector.
Monk-Eye
Gold Member
- Feb 3, 2018
- 4,144
- 1,021
- 140
" Money Multiplier Delusions "
* Perpetual Over Expense *
en.wikipedia.org
The U.S. federal government is obligated under current law to make mandatory payments for programs such as Medicare, Medicaid and Social Security. The Government Accountability Office (GAO) projects that payouts for these programs will significantly exceed tax revenues over the next 75 years. The Medicare Part A (hospital insurance) payouts already exceed program tax revenues, and social security payouts exceeded payroll taxes in fiscal 2010. These deficits require funding from other tax sources or borrowing.[29]
www.nolo.com
* Perpetual Over Expense *
Individuals at or below the federal poverty line ( FPL ) are eligible for , if not automatically enrolled in , mediare , and pretending that participation in a " market sector " is the same thing as participating in a profit generating , free enterprise , business is idiotic as clearly the costs of medical services , even under the strict payment schedules for treatment set by us government upon private health care providers , generates less revenue for the government than it consumes .
National debt of the United States - Wikipedia
Federal Poverty Level Eligibility for Medicare and Medicaid Benefits - 2024
Many federal and state government benefits are tied to the federal poverty level (FPL) or percentages of the FPL. Here are the FPLs for each state for 2024.
www.nolo.com
Last edited:
Ben Thomson
Diamond Member
- Aug 13, 2020
- 4,758
- 3,100
- 1,938
It was to insure a fiscally prudent liability pool. Maybe try another tact. Like a tax credit instead. Say you can take a write off equvilant to 1/3rd or maybe half of what you paid in insurance premiums.
danielpalos
Diamond Member
- Banned
- #47
UC has already proven a higher multiplier than means tested policies. It really does mean more participation and more profit potential for market participants." Money Multiplier Delusions "
* Perpetual Over Expense *
Individuals at or below the federal poverty line ( FPL ) are eligible for , if not automatically enrolled in , mediare , and pretending that participation in a " market sector " is the same thing as participating in a profit generating , free enterprise , business is idiotic as clearly the costs of medical services , even under the strict payment schedules for treatment set by us government upon private health care providers , generates less revenue for the government than it consumes .
The U.S. federal government is obligated under current law to make mandatory payments for programs such as Medicare, Medicaid and Social Security. The Government Accountability Office (GAO) projects that payouts for these programs will significantly exceed tax revenues over the next 75 years. The Medicare Part A (hospital insurance) payouts already exceed program tax revenues, and social security payouts exceeded payroll taxes in fiscal 2010. These deficits require funding from other tax sources or borrowing.[29]National debt of the United States - Wikipedia
Federal Poverty Level Eligibility for Medicare and Medicaid Benefits - 2024
Many federal and state government benefits are tied to the federal poverty level (FPL) or percentages of the FPL. Here are the FPLs for each state for 2024.
froggy
Gold Member
- Aug 18, 2009
- 12,563
- 2,759
- 245
He said he would by executive order
Bush92
GHBush1992
- May 23, 2014
- 34,808
- 10,794
- 1,400
Nope. We will have 100% socialized medicine and higher taxes. Say goodbye to your private healthcare plan.
danielpalos
Diamond Member
- Banned
- #50
Increase the minimum wage until even the Poor can afford to pay their share of the tax burden in modern economic times!
Similar threads
New Topics
-
-
Brittney Griner Appears to Call Caitlin Clark a “Trash F*cking White Girl” After Fouling Out- Started by tyroneweaver
- Replies: 4
-
-
-
