Repealing Parts Of Obamacare Would Leave Millions Uninsured, Increase Premiums And Cost Billions
Click here for reuse options!MEDICAL DEVICE TAX Congressional Republicans are determined to repeal this tax and are virtually certain to succeed, thanks to strenuous lobbying and campaign contributions from the device industry.
The Affordable Care Act imposes a 2.3 percent excise tax on medical devices, like artificial joints and pacemakers, which will raise $29 billion over the next decade to help pay for health care reform. Last year, the Senate voted 79 to 20 to repeal the tax, with 34 Democrats joining the majority on a nonbinding sense-of-the-Senate measure.
There is no good reason to eliminate the tax. The Congressional Research Service estimated in a report this month that the tax will have “fairly minor effects” on the industry’s output and jobs…
EMPLOYER MANDATES The reform law penalizes firms with more than 50 full-time workers if they don’t offer affordable health insurance. The vast majority of bigger firms already cover their workers and seem inclined to continue to do so.
A few high-profile employers have converted full-time workers (employed at least 30 hours a week) to part-time to avoid the cost of providing insurance. Republicans want to raise the threshold to 40 hours to allow more businesses to escape providing insurance. Eliminating the mandate completely could increase the number of uninsured people by anywhere from 200,000 to 500,000 and cost the federal treasury $46 billion to $130 billion over 10 years, according to estimates from the Urban Institute and the Congressional Budget Office..
That is too many people to cut adrift and too much public money to lose…
RISK TO INSURERS House Republicans may try to repeal a temporary program that protects insurers against unexpectedly high losses and thus encourages them to offer policies on the health insurance exchanges…Eliminating the program could drive up premiums on the exchanges, because insurers would have to raise premiums to offset the additional risk.
INDIVIDUAL MANDATE The requirement that the vast majority of Americans obtain health insurance or pay a fine is a centerpiece of health reform, because people would otherwise wait until they were sick to buy insurance. That would cause the insurance pools to be filled with sick people requiring expensive care, and premiums would have to rise to cover their costs…Repealing the individual mandate would harm millions of newly covered Americans, who deserve decent, affordable health care and until now have not had it.
Copyright 2014 Liberaland
20 responses to Repealing Parts Of Obamacare Would Leave Millions Uninsured, Increase Premiums And Cost Billions
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tracey marie November 23rd, 2014 at 16:03
several things at play here from the goptp
Hate Obama
hate HC for all
hate people love corporations
KABoink_after_wingnut_hacker November 23rd, 2014 at 16:34
Yes, there is a trend there.
And of course lie, lie, lie and scare, scare, scare…
tracey marie November 23rd, 2014 at 17:03
several things at play here from the goptp
Hate Obama
hate HC for all
hate people love corporations
KABoink_after_wingnut_hacker November 23rd, 2014 at 17:34
Yes, there is a trend there.
And of course lie, lie, lie and scare, scare, scare…
tiredoftea November 23rd, 2014 at 16:34
Yup, the repub health plan. Be uninsured because you can’t afford health insurance, get sick and die early. Social darwinism by libertarians.
tiredoftea November 23rd, 2014 at 17:34
Yup, the repub health plan. Be uninsured because you can’t afford health insurance, get sick and die early. Social darwinism by libertarians.
StoneyCurtisll November 23rd, 2014 at 16:49
This is the plan of the GOPee…
Chip away at the Affordable Care Act, cut funds, until it begins to lose money..
Then they will call the ACA a ‘failure’.. because it “is costing America money” and “doesn’t work as intended”..
Then they will blame the President for it failing…
This scenario is coming sooner than you think..
KABoink_after_wingnut_hacker November 23rd, 2014 at 18:51
That’s the same plan they are implementing to destroy the US Postal Service.
StoneyCurtisll November 23rd, 2014 at 19:28
Exactly…
StoneyCurtisll November 23rd, 2014 at 17:49
This is the plan of the GOPee…
Chip away at the Affordable Care Act, cut funds, until it begins to lose money..
Then they will call the ACA a ‘failure’.. because it “is costing America money” and “doesn’t work as intended”..
Then they will blame the President for it failing…
This scenario is coming sooner than you think..
KABoink_after_wingnut_hacker November 23rd, 2014 at 19:51
That’s the same plan they are implementing to destroy the US Postal Service.
StoneyCurtisll November 23rd, 2014 at 20:28
Exactly…
searambler November 23rd, 2014 at 17:21
“Repealing Parts Of Obamacare Would Leave Millions Uninsured, Increase Premiums And Cost Billions”
Which is why they’re doing it. They still see healthcare as a for-profit private-enterprise affair. A privilege, not a right. Available for the wealthy and the employed, which is why they love the fact that it’s tethered to one’s employer. The rest of the country simply doesn’t matter to them.
searambler November 23rd, 2014 at 18:21
“Repealing Parts Of Obamacare Would Leave Millions Uninsured, Increase Premiums And Cost Billions”
Which is why they’re doing it. They still see healthcare as a for-profit private-enterprise affair. A privilege, not a right. Available for the wealthy and the employed, which is why they love the fact that it’s tethered to one’s employer. The rest of the country simply doesn’t matter to them.
KABoink_after_wingnut_hacker November 23rd, 2014 at 18:10
Here’s the GOTP healthcare plan…..
https://www.youtube.com/watch?v=c3RluUsZEOk
KABoink_after_wingnut_hacker November 23rd, 2014 at 19:10
Here’s the GOTP healthcare plan…..
https://www.youtube.com/watch?v=c3RluUsZEOk
Bunya November 23rd, 2014 at 18:40
I remember reading somewhere that for as much money the taxpayers spend on that clusterf*ck in Iraq, we could’ve had healthcare coverage for everyone in the U.S. for ten years.
whatthe46 November 23rd, 2014 at 20:00
they would have just found some other ill reason to spend it on. healthcare for Americans has never been a priority.
Bunya November 23rd, 2014 at 19:40
I remember reading somewhere that for as much money the taxpayers spend on that clusterf*ck in Iraq, we could’ve had healthcare coverage for everyone in the U.S. for ten years.
whatthe46 November 23rd, 2014 at 21:00
they would have just found some other ill reason to spend it on. healthcare for Americans has never been a priority.