reply to post by Wrabbit2000
Can someone please explain to me how this was passed in Congress? Did lawmakers refuse to read all the fine print or what, or did they just look for the "Happy Rainbows & puppy dogs" portion of the bill??? It blows my mind that Obama stands behind this and believes this is a legitimate good thing that's affordable....
What is the actual cost of Obamacare?
...In 2008, about 47 percent of people had incomes of less than 25,000 dollars. Twenty-eight percent of people had incomes of between 25,000 and 50,000 dollars. Thirteen percent of people had incomes of 50,000 to 75,000 dollars. About five percent had incomes between 75,000 and 100,000 dollars, while just six percent had incomes that were more than 100,000 dollars. However, many households have more than one income.... www.usdta.org...
.... In 1970, 94 percent of prime-age men worked, but by 2010, that number was only 81 percent. The decline in employment has been accompanied by increases in incarceration rates, higher rates of enrollment in the Social Security Disability Insurance program and more Americans struggling to find work. Because those without jobs are excluded from conventional analyses of Americans’ earnings, the statistics we most commonly see — those that illustrate a trend of wage stagnation — present an overly optimistic picture of the middle class.
When we consider all working-age men, including those who are not working, the real earnings of the median male have actually declined by 19 percent since 1970. This means that the median man in 2010 earned as much as the median man did in 1964 — nearly a half century ago. Men with less education face an even bleaker picture; earnings for the median man with a high school diploma and no further schooling fell by 41 percent from 1970 to 2010....
Basic Family Budget for National Average, United States
Two Parents, Three Children Budget
Monthly Housing $965
Monthly Food $776
Monthly Taxes $482
Monthly Healthcare $431
Monthly Childcare $1,353
Monthly Transportation $460
Monthly Other Necessities $418
Monthly Total $4,886
Annual Total $58,627
Coventry Bronze Deductible Only PPO Exchange
Policyholders are generally responsible for 100% of costs until the deductible amount is met. After the deductible has been met the policyholder is responsible for the coinsurance / copay until the out of pocket maximum is reached at which point the insurance company assumes 100% of all costs.
Can someone please explain to me how this was passed in Congress? Did lawmakers refuse to read all the fine print or what,
America’s Ruling Class
...When this majority discovered that virtually no one in a position of power in either party or with a national voice would take their objections seriously, that decisions about their money were being made in bipartisan backroom deals with interested parties, and that the laws on these matters were being voted by people who had not read them, the term “political class” came into use. Then, after those in power changed their plans from buying toxic assets to buying up equity in banks and major industries but refused to explain why, when they reasserted their right to decide ad hoc on these and so many other matters, supposing them to be beyond the general public’s understanding, the American people started referring to those in and around government as the “ruling class.” And in fact Republican and Democratic office holders and their retinues show a similar presumption to dominate and fewer differences in tastes, habits, opinions, and sources of income among one another than between both and the rest of the country. They think, look, and act as a class....
Nowadays, the members of our ruling class admit that they do not read the laws. They don’t have to. Because modern laws are primarily grants of discretion, all anybody has to know about them is whom they empower.
By making economic rules dependent on discretion, our bipartisan ruling class teaches that prosperity is to be bought with the coin of political support. Thus in the 1990s and 2000s, as Democrats and Republicans forced banks to make loans for houses to people and at rates they would not otherwise have considered, builders and investors had every reason to make as much money as they could from the ensuing inflation of housing prices. When the bubble burst, only those connected with the ruling class at the bottom and at the top were bailed out. Similarly, by taxing the use of carbon fuels and subsidizing “alternative energy,” our ruling class created arguably the world’s biggest opportunity for making money out of things that few if any would buy absent its intervention. The ethanol industry and its ensuing diversions of wealth exist exclusively because of subsidies.... What effect creating such privileges may have on “global warming” is debatable. But it surely increases the number of people dependent on the ruling class, and teaches Americans that satisfying that class is a surer way of making a living than producing goods and services that people want to buy.....
Yes, those are monthly premium rates. Now, I wouldn't be fair in this if I didn't point out, those are rates before any tax credits or subsidizing by the US Government.
There is hardly a variance in cost between signing up for ACA or just finding your own individual coverage, even through your employer. Right now I have a PPO through United Healthcare with me and my daughter and it's roughly 500.00 a month split between 2 checks