posted on Jul, 8 2010 @ 09:12 PM
So far, I haven't figured out how it is going to benefit anybody. There isn't an ER in the country that will turn you away because you don't have
the ability to pay. Just ask any illegal.
What I do know is this:
1) If your employer doesn't pay for your insurance they will be fined. The fine will be cheaper than paying for your insurance. What do you
think they'll do?
2) If your employer is paying for half of your insurance, like most do with employer provided insurance, you will be taxed on the portion that your
employer is paying, like regular income.
3) The yearly deductible is going up from $7500 to $10,000. Meaning right now, if you have $7500 or more annual medical expenses, you can deduct it
on your tax returns. Under Obama care, that number goes up to $10K.
4) Currently you can use your FSA on over-the-counter drugs, vitamins, or other healthcare items. Under Obamacare, you can no longer use your FSA to
pay for those items.
I have yet to see how this is going to benefit the average, working American, who is already supporting the rest of society. If I'm missing
something, feel free to point it out.