Showing posts with label dem care. Show all posts
Showing posts with label dem care. Show all posts
Tuesday, March 30, 2010
Prudential to take $100M health care charge in 1Q
The Associated Press: Prudential to take $100M health care charge in 1Q
Prudential joins the list of companies that are expecting big losses due to the new health care turd. AT&T, Verizon, John Deere, Catapillar, and pretty much any other "for profit" company are all on the list. Some have been called to testify before Congress about their projected losses, since Congress says they are going to save money, Congress is confused. I suppose that's because most congressmen have never had to produce anything to create wealth to use to meet a payroll. All they do is take from us, take a cut off the top for gov't employees and then redistribute the rest. (of course there is a little pilfering and fraud along the way, so very little actually goes to those in need)
Prudential joins the list of companies that are expecting big losses due to the new health care turd. AT&T, Verizon, John Deere, Catapillar, and pretty much any other "for profit" company are all on the list. Some have been called to testify before Congress about their projected losses, since Congress says they are going to save money, Congress is confused. I suppose that's because most congressmen have never had to produce anything to create wealth to use to meet a payroll. All they do is take from us, take a cut off the top for gov't employees and then redistribute the rest. (of course there is a little pilfering and fraud along the way, so very little actually goes to those in need)
Health Reform Law: Expanded IRS a Threat to Taxpayers? - ABC News
Health Reform Law: Expanded IRS a Threat to Taxpayers? - ABC News
The IRS is looking for even more auditors and investigators. I guess the 16,500 created by the "Health Care" turd weren't enough. Sure, throw some more on top. Spend into oblivion. It's all "free", right?
The IRS is looking for even more auditors and investigators. I guess the 16,500 created by the "Health Care" turd weren't enough. Sure, throw some more on top. Spend into oblivion. It's all "free", right?
Monday, March 29, 2010
Jason Mattera spit at by Al Franken
It's bad enough that no one will answer the hard questions in DC, but Al Franken told Jason Mattera, when asked about some specifics of DemCare- "you need to shut up- right now!" and slung a little spittle in Jason's direction at the same time. For more on Jason's style, check out this video:
Boehner: Stop Trying to Intimidate America's Biggest Employers, Pig-man!
Boehner: Stop Trying to Intimidate America's Biggest Employers, Pig-man!
Doug Ross has pulled another nugget up for all to see. Congress is trying to intimidate any businessmen that didn't agree with Obamacare. Welcome to Facsism.
Doug Ross has pulled another nugget up for all to see. Congress is trying to intimidate any businessmen that didn't agree with Obamacare. Welcome to Facsism.
Sunday, March 28, 2010
Here's some more of what we're in for
2009 • Medicare cuts to hospitals begin (long‐term care (7/1/09) and inpatient and rehabilitation facilities (FY10))
2010 • Provide income exclusion for specified Indian tribe health benefits provided after 3/23/10• Temporary high‐risk pool and high‐cost union retiree reinsurance ($5 B each for 3.5 years) (6/23/10)• Impose 10% tax on indoor UV tanning (7/1/10)• Medicare cuts to inpatient psych hospitals (7/1/10)• Prohibits lifetime and annual benefit for private insurers spending limits (plan years beginning 9/23/10)• Prohibits non‐group private insurance plans from canceling coverage (rescissions) (plan years beginning 9/23/10)• Requires private insurance plans to cover, at no charge, most preventive care (plan years beginning 9/23/10)• Requires private insurance plans to allow dependents to stay on parents’ policies through age 26 (plan yearsbeginning 9/23/10)• Hospitals in "Frontier States" (ND, MT, WY, SD, UT ) receive higher Medicare payments (FY11)
2011 • Hospitals in “low‐cost” areas receive higher Medicare payments for 2 yrs ($400 million, FY11)• Medicare Advantage cuts begin• No longer allowed to use FSA, HSA, HRA, Archer MSA distributions for over‐the-counter medicines• Medicare cuts to home health begin• Medicare cuts for wealthier seniors ($85k/$170k), who are forced to pay higher Part D premiums (not indexed for inflation in Parts B/D)• Medicare reimbursement cuts when seniors use diagnostic imaging like MRIs, CT scans, etc.• Medicare cuts begin to ambulance services, ASCs, diagnostic labs, and durablemedical equipment• Impose new annual tax on brand name pharmaceutical companies• Americans begin paying premiums for federal long‐term care insurance (the CLASS Act, which analysis indicates is a ticking fiscal time-bomb)• Private insurance plans required to spend a minimum of 80% of premiums on medical claims (where 65% is considered the maximum "safe" amount to cover claims). Prior experience at the state level will indisputably harm private health insurance business.• Physicians in "Frontier States" (ND, MT, WY, SD, UT ) receive higher Medicare payments• Prohibition on Medicare payments to new physician‐owned hospitals (which will dramatically reduce access to senior care)• Penalties for non‐qualified HSA and Archer MSA distributions double (to 20%)• Seniors prohibited from purchasing power wheelchairs unless they first rent for 13 months• New Medicare cuts to long‐term care hospitals begin (7/1/11)• Additional Medicare cuts to hospitals and cuts to nursing homes and inpatient rehab facilities begin (FY12)• New taxes on all private health insurance policies to pay for comparative effectivness research (planyears beginning FY12)
2012 • Medicare cuts to dialysis treatment begins• Medicare to cut spending by using an HMO‐like coordinated care model (Accountable Care Organizations)• New Medicare cuts to inpatient psych hospitals (7/1/12)• Medicare cuts to hospitals with high readmission rates begin (FY13)• Medicare cuts to hospice begin (FY13)
2013 • Impose $2,500 annual cap on FSA contributions (indexed to CPI)• Increase Medicare wage tax by 0.9% and impose a new 3.8% tax on unearned , nonactivebusiness income for those earning over $200k/$250k (not indexed to inflation)• Generally increases (7.5% to 10%) threshold at which medical expenses, as a % of income, can be deductible• Eliminate deduction for Part D retiree drug subsidy employers receive• Impose 2.3% excise tax on medical devices• Medicare cuts to hospitals who treat low‐income seniors begin• $500,000 deduction cap on compensation paid to insurance company employees and officers
2014 • Unconstitutional personal mandate begins: Individuals without government‐approved coverage are subject to a tax of the greater of $695 or 2.5% of income• Employers who fail to offer "affordable" coverage would pay a $3,000 penalty for every employee that receives a subsidy through the Exchange• Employers who do not offer insurance must pay a tax penalty of $2,000 for every fulltime employee• More Medicare cuts to home health begin• All non‐grandfathered and Exchange health plans required to meet federally mandated levels of coverage• States must cover parents /childless adults up to 138% of poverty on Medicaid, receive increased FMAP• Tax credits available for Exchange‐based coverage, amount varies by income up to 400% of poverty• Private insurers cannot impose any coverage restrictions on pre‐existing conditions (guaranteed issue/renewability, which will bankrupt insurance providers)• Private insurers must offer coverage to anyone wanting a policy and every policy has to be renewed (which will bankrupt insurance providers)• Insurance plans must include government‐defined "essential benefits " and coverage levels• Government board (IPAB) begins submitting proposals to cut Medicare• Impose tax on nearly all private health insurance plans• Medicare payment cuts for hospital‐acquired infections begin (FY15)
2015 • More Medicare cuts to home health begin 2016 • Impose "Cadillac tax on “high cost” plans, 40% tax on the benefit value above a certain threshold: ($10,200 individual coverage, $27,500 family or self‐only union multiemployer coverage)
2010 • Provide income exclusion for specified Indian tribe health benefits provided after 3/23/10• Temporary high‐risk pool and high‐cost union retiree reinsurance ($5 B each for 3.5 years) (6/23/10)• Impose 10% tax on indoor UV tanning (7/1/10)• Medicare cuts to inpatient psych hospitals (7/1/10)• Prohibits lifetime and annual benefit for private insurers spending limits (plan years beginning 9/23/10)• Prohibits non‐group private insurance plans from canceling coverage (rescissions) (plan years beginning 9/23/10)• Requires private insurance plans to cover, at no charge, most preventive care (plan years beginning 9/23/10)• Requires private insurance plans to allow dependents to stay on parents’ policies through age 26 (plan yearsbeginning 9/23/10)• Hospitals in "Frontier States" (ND, MT, WY, SD, UT ) receive higher Medicare payments (FY11)
2011 • Hospitals in “low‐cost” areas receive higher Medicare payments for 2 yrs ($400 million, FY11)• Medicare Advantage cuts begin• No longer allowed to use FSA, HSA, HRA, Archer MSA distributions for over‐the-counter medicines• Medicare cuts to home health begin• Medicare cuts for wealthier seniors ($85k/$170k), who are forced to pay higher Part D premiums (not indexed for inflation in Parts B/D)• Medicare reimbursement cuts when seniors use diagnostic imaging like MRIs, CT scans, etc.• Medicare cuts begin to ambulance services, ASCs, diagnostic labs, and durablemedical equipment• Impose new annual tax on brand name pharmaceutical companies• Americans begin paying premiums for federal long‐term care insurance (the CLASS Act, which analysis indicates is a ticking fiscal time-bomb)• Private insurance plans required to spend a minimum of 80% of premiums on medical claims (where 65% is considered the maximum "safe" amount to cover claims). Prior experience at the state level will indisputably harm private health insurance business.• Physicians in "Frontier States" (ND, MT, WY, SD, UT ) receive higher Medicare payments• Prohibition on Medicare payments to new physician‐owned hospitals (which will dramatically reduce access to senior care)• Penalties for non‐qualified HSA and Archer MSA distributions double (to 20%)• Seniors prohibited from purchasing power wheelchairs unless they first rent for 13 months• New Medicare cuts to long‐term care hospitals begin (7/1/11)• Additional Medicare cuts to hospitals and cuts to nursing homes and inpatient rehab facilities begin (FY12)• New taxes on all private health insurance policies to pay for comparative effectivness research (planyears beginning FY12)
2012 • Medicare cuts to dialysis treatment begins• Medicare to cut spending by using an HMO‐like coordinated care model (Accountable Care Organizations)• New Medicare cuts to inpatient psych hospitals (7/1/12)• Medicare cuts to hospitals with high readmission rates begin (FY13)• Medicare cuts to hospice begin (FY13)
2013 • Impose $2,500 annual cap on FSA contributions (indexed to CPI)• Increase Medicare wage tax by 0.9% and impose a new 3.8% tax on unearned , nonactivebusiness income for those earning over $200k/$250k (not indexed to inflation)• Generally increases (7.5% to 10%) threshold at which medical expenses, as a % of income, can be deductible• Eliminate deduction for Part D retiree drug subsidy employers receive• Impose 2.3% excise tax on medical devices• Medicare cuts to hospitals who treat low‐income seniors begin• $500,000 deduction cap on compensation paid to insurance company employees and officers
2014 • Unconstitutional personal mandate begins: Individuals without government‐approved coverage are subject to a tax of the greater of $695 or 2.5% of income• Employers who fail to offer "affordable" coverage would pay a $3,000 penalty for every employee that receives a subsidy through the Exchange• Employers who do not offer insurance must pay a tax penalty of $2,000 for every fulltime employee• More Medicare cuts to home health begin• All non‐grandfathered and Exchange health plans required to meet federally mandated levels of coverage• States must cover parents /childless adults up to 138% of poverty on Medicaid, receive increased FMAP• Tax credits available for Exchange‐based coverage, amount varies by income up to 400% of poverty• Private insurers cannot impose any coverage restrictions on pre‐existing conditions (guaranteed issue/renewability, which will bankrupt insurance providers)• Private insurers must offer coverage to anyone wanting a policy and every policy has to be renewed (which will bankrupt insurance providers)• Insurance plans must include government‐defined "essential benefits " and coverage levels• Government board (IPAB) begins submitting proposals to cut Medicare• Impose tax on nearly all private health insurance plans• Medicare payment cuts for hospital‐acquired infections begin (FY15)
2015 • More Medicare cuts to home health begin 2016 • Impose "Cadillac tax on “high cost” plans, 40% tax on the benefit value above a certain threshold: ($10,200 individual coverage, $27,500 family or self‐only union multiemployer coverage)
Saturday, March 27, 2010
Road rage, accident centers on Obama bumper sticker - WKRN, Nashville, Tennessee News, Weather, and Sports |
Road rage, accident centers on Obama bumper sticker - WKRN, Nashville, Tennessee News, Weather, and Sports
This goes both ways, of course. My wife was driving in Atlanta on Friday with a bumper sticker that says "Obamanomics- Trickle Up Poverty" and was followed into a parking lot and then the other driver pulled up next to her and spit on her. I would have liked to have been with her when it happened, because I carry a Kimber .45, and would have had to defend her with it.
This goes both ways, of course. My wife was driving in Atlanta on Friday with a bumper sticker that says "Obamanomics- Trickle Up Poverty" and was followed into a parking lot and then the other driver pulled up next to her and spit on her. I would have liked to have been with her when it happened, because I carry a Kimber .45, and would have had to defend her with it.
Friday, March 26, 2010
Timeline of Major Provisions in the Democrats’ Health Care Package
Timeline of Major Provisions in the Democrats’ Health Care Package Taken directly from the House Ways and Means Committee Report. By the time this is fully implemented, the Congressional Budget Office says that the national debt will amount to 90% of GDP. For those of you too poorly educated to know what this means, God help you because it will meant total economic collapse of the USA. Maybe that was the plan all along.
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