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Entries in Obamacare Spemding (3)

Wednesday
Nov062013

Obamacare Google Search - 'How to a'

If you want to get the pulse of the Internet users, go directly to your Internet Provider, IP, and type in key words or phrase into your Google search engine to conduct a query on the web to see what randomly pops up on your computer screen.

Got Google?  Just type in:  'how to a...' (it auto-fills choices for you)

  • how to add fractions
  • how to apply for food stamps
  • how to apply for Medicaid
  • how to address a letter

<Check out my screenshot from today, November 6, 2013>

And you don't think the IP hubs don't route your keystrokes to data mine personal information into public monitoring NSA mass storage systems? 

I had to chuckle about the 'how to address a letter' because at first it made no sense at all, until I thought about it.  After all, if you can't get food stamps or Medicaid on line, then you can always mail a letter, if you know 'how to address a letter.'  LOL!


Friday
Sep272013

"Terrific Things That Bump in the Night"

"To a people ... who ... believe in genii, ghosts, goblins, and those 'terrific things that go bump in the night', protective charms are eagerly sought for."

The earliest known example of this phrase was printed in 1918 and the meaning was "frightening but imagined supernatural events". However, now in describing Obamacare it really means "frightening but real actual events".

Catherine Sebelius turns a deaf ear.In less than a week, ObamaCare's health insurance exchanges will be open for enrollment. Three months after that, the law's major coverage provisions officially go into effect. It's the biggest expansion of the entitlement state in decades and a massive bureaucratic undertaking.

Even the law's biggest supporters don't expect it to go off without a hitch: President Obama warned earlier this year that the law will likely come with some "glitches and bumps" - like 'terrific things that go bump in the night'?

Here are eight things that could go awry with the law when it opens for business, and in the years beyond, says Peter Suderman, a senior editor at Reason Magazine.

1. When more people have health insurance, it could be harder to see primary care physicians. There's already a shortage of primary care physicians relative to national demand. Increasing the number of people who have health insurance tends to increase the demand for physicians' services.

2.  Health insurers will limit doctor networks in order to keep prices down.

3. Employers will cut hours for workers to avoid potential requirements under ObamaCare.

4. ObamaCare navigators and other enrollment aides could violate the privacy of exchange users.

5.  The online exchange technology won't be ready -- or won't work as well as it is supposed to.

6.  Employers could move many more workers than expected onto the exchanges, and increase the price of the law as a result.

7.  The exchanges will grant subsidies that are wrong, or need to be repaid. One study last year estimated that roughly 2.6 percent of exchange applicants "judged eligible for subsidies would receive advance payments on those subsidies that were too high by $208 per year, on average."

8.   Individuals whose income hovers near the Medicaid eligibility line could be forced on and off the program. A 2011 study by health professors at Harvard and George Washington University found that over six months, "More than 35 percent of all adults with family incomes below 200 percent of the federal poverty level will experience a shift in eligibility from Medicaid to an insurance exchange, or the reverse."

So, as these "terrific real things that bump into the night" grow REALLY Bigger in the Dark Halls of Congress... BE AFRAID... Very AFRAID!

                          

Wednesday
Mar132013

Obamacare Kool Aid Party Grows

  “We’re going to have to pass the bill, to, well, you know, find out what is in it”… Nancy Pelosi said it, not to mentioned just how our illustrious president shoved his healthcare plan down our throats strictly only on a majority, partisan Senate vote. ...DISGUSTING!

 

ObamaCare Taxes Will Not Affect Us - Kool Aid Anyone? Kool Aid Drinker

To shrink the deficit and cover the costs of the Affordable Care Act, President Obama has instituted a plethora of new taxes. More than 20 tax increases are associated with the Affordable Care Act (ACA, or "ObamaCare"), which is likely to hurt business and investment and slow economic recovery, says Andrew Lundeen, the associate for government relations and corporate development at the Tax Foundation.

The total tax burden of ObamaCare is now estimated at $1.058 trillion -- a steep increase from the initial $569 billion estimate produced at the time of the passing of the law. Owners of small businesses will be hit the hardest, facing both a tax increase on self-employment income and the employer mandate. The tax increase may force some small businesses to shut down or fire workers and raise prices.

  • The cost of complying with 21 of the new taxes is estimated at 127.6 million hours. This loss in productivity will hit small and large businesses, medical providers and individuals.
  • An additional 0.9 percent payroll tax on wages and self-employment and a new 3.8 percent tax on dividends, capital gains and other investment income will cost an estimated $317.7 billion.
  • A "Cadillac tax" on high-cost plans will cost an estimated $111 billion.
  • The employer mandate will cost an estimated $106 billion and the individual mandate will cost an estimated $55 billion.
  • A new annual tax on health insurance providers will cost an estimated $101.7 billion and an annual tax on drug manufacturers and importers will cost an estimated $34.2 billion.
  • A 2.3 percent excise tax on medical device manufacturers and importers will cost an estimated $29.1 billion.
  • Limiting flexible spending accounts in cafeteria plans will cost an estimated $24 billion.
  • Raising the adjusted gross income floor on medical expenses from 7.5 percent to 10 percent will cost an estimated $18.7 billion.
  • Increasing the penalty for nonqualified health savings accounts (HSA) distributions will cost an estimated $4.5 billion.
  • Limiting HSAs from purchasing over-the-counter medicines will cost an estimated $4 billion.

Kids, want more Kool Aid?Another 10 taxes bring the total to $1.058 trillion. With the 3.8 percent investment tax from the ACA and the fiscal cliff tax increases, the United States now has a combined state and federal capital gains rate of 28 percent. The more these taxes increase, the less capital will flow freely, which will damage long-term economic growth.

Source: Andrew Lundeen, "Obama Tax Increases Will Impact Us All," Tax Foundation, March 5, 2013.