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I'm Grandfathered in, for now.

Discussion in 'Electronic Design' started by amdx, Oct 31, 2013.

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  1. amdx

    amdx Guest

    I checked on healthcare insurance near equivalent to what I have now.
    Family of four, no poor health conditions.

    (Bronze Plan)
    A BlueOption Essential HSA 1419
    $6250 Deductible Individual/$12,500 Family
    Annual Maximum Out-of Pocket $12,500
    Price $1358 per month
    Gov subsidy $47
    My Cost $1,311

    (Silver Plan)
    Plan # 1409P
    $3,600 Deductible Individual/$7,200 Family
    Annual Maximum Out-of Pocket $7,200

    Price $1617 per month
    Gov subsidy $47
    My Cost $1,570

    My Grandfathered Plan
    $10,000 Deductible Individual/$10,000 Family
    Annual Out-of-Pocket $10,000
    Price $633
    Gov Subsidy $000
    My Cost $633

    With all these plans once you hit your deductible
    all costs are paid by the insurance company.

    A year ago May 2012 I was paying $438, been complaining
    loudly since it increased to $633. Obama has made me feel
    good about what I pay, compared to all the others having
    to buy Obamacare.

    Ya, I don't have any pregnancy benefits, but at 54, I don't expect
    my wife to have anymore kids. Especially with me, snip/snip.
    I also have a $5,000,000 lifetime cap, not an unlimited burden on society.

    Mikek
     
  2. amdx

    amdx Guest

    You know I can't be sure of anything, Obama can wave his pen and make
    new rules at will. MY agent said I am grandfathered in. For Now!
    Mikek
     
  3. tm

    tm Guest

    One can only hope!
     
  4. Greegor

    Greegor Guest

    amdx > You know I can't be sure of anything,
    andx > Obama can wave his pen and make new
    amdx > rules at will. MY agent said I am
    amdx > grandfathered in. For Now! Mikek

    To be a bit technical about it, the legal
    code says that new rules may be
    "promulgated" at any time by Sebelius.

    Perhaps that gives el presidente the ability
    to maintain plausible deniability.
     
  5. Guest

    Since your plan isn't "conforming", are you going to have to pay the
    Obamascare tax?
     
  6. amdx

    amdx Guest

    I haven't heard that, I have insurance so I doubt I'll have to pay
    the tax.
    Been doing a little googleing, It seems the $5,000,000 lifetime cap is
    not allowed. So I bet (I'll check tomorrow.) they changed it to unlimited.
    Here's a bit of info.
    http://www.dmhc.ca.gov/library/reports/news/fsghp.pdf
    Mikek
    Mikek
     
  7. Guest

    If your plan is grandfathered you don't have to pay the opt-out
    penalty.

    Lifetime caps are no longer allowed even for grandfathered plans,
    which is part of why your rates jumped last(?) year.

    They're phasing the caps out illegally, over a longer period than
    the law specified, to spread the "rate shock" out over time. (I'm
    not sure where they are in the process right now.)

    Obama has also relaxed the out-of-pocket caps this first year (
    violating his own law) for the same purpose, deception--it's
    expensive, it drives up rates, and they don't want you to see
    those rate hikes until after the 2014 election.

    (This provision won't affect you, not as long as you can cling to
    your grandfathered status.)

    Cheers,
    James Arthur
     
  8. Gib Bogle

    Gib Bogle Guest

    Yeah, the way Romney was going to win the last election. haha
     
  9. josephkk

    josephkk Guest

    Except they won't. Way too many voters like my daughter (minimally
    employed) that benefit to get rid of them so easily. Though i admit that
    the sticker shock may disenchant a lot of them.

    ?-/

    Plus according to this:

    https://www.wahealthplanfinder.org/HBEWeb/Annon_ShowIndividualFamilyPlans

    there is nothing available for her. No more than 30K/year income, single,
    king county.

    ?-(((
     
  10. Guest

    On Thursday, October 31, 2013 6:13:12 PM UTC-4, Jim Thompson wrote:
    Your complaints should be directed at the exorbitant cost of health care and pharmaceuticals and not the government regulations. PPACA has killed the insurance industry ripoff, healthcare and big pharma are next, so you better believe they are going to manipulate the ignorant into thinking this is the worst of the worst.
     
  11. Joerg

    Joerg Guest

    Jim Thompson wrote:

    [...]

    We'd wish, but ... read up on the topic "ineptocracy" :-(
     
  12. Joerg

    Joerg Guest

    Welcome to the new government-run health "system". I lucked out as well,
    we kept our grandfathered plan and <knocks on wood> it has not
    death-spiraled. Yet. Obamacare would have meant a whopping 50% rate
    increase for us.

    I met a lot of healthy people who have already made up their mind. They
    came to the rather simple realization that paying a 1% penalty or 2.5%
    for 2015 is less than >10%. That alone could cause Obamacare to implode.

    [...]
     
  13. Joerg

    Joerg Guest

    Never going to happen under this administration. For many obvious reasons.
     
  14. Guest

    Cling to your insurance like you cling to your bibles and guns.
     
  15. Guest

    Demcare doesn't fix the insurance company's measly profit, and it
    doesn't reduce the overhead.

    "It is amazing that people who think we cannot afford to pay for doctors, hospitals, and medication somehow think that we can afford to pay for doctors, hospitals, medication and a government bureaucracy to administer it." --Sowell
     
  16. Gib Bogle

    Gib Bogle Guest

    Obama's big mistake was adopting the Republican healthcare plan (aka
    Romneycare).
     
  17. Den fredag den 1. november 2013 19.37.34 UTC+1 skrev :
    is insurance companies bureaucracy to administer it and profit from it any
    better?

    -Lasse
     
  18. Joerg

    Joerg Guest

    Sure it is. The classic example happened almost instantly, before
    Obamacare even opened. They spent a whopping $634 million on a web site
    that any private outfit could have successfully designed for less than
    $100M and ... it does not work!
     
  19. Den fredag den 1. november 2013 21.35.37 UTC+1 skrev Joerg:

    big IT project have a tendency to get ridiculously expensive, I'm not sure big companies are much better at it than governments, they just don't go public
    with it

    but to put the 635M in perspective, in 2011 that would be around 6 weeks ofprofit for UnitedHealth Group

    with that kind of money involved I'm sure they spend a lot in lobbying and contributions to avoid be cut out of the loop by a single payer system

    -Lasse
     
  20. tm

    tm Guest

    Den fredag den 1. november 2013 21.35.37 UTC+1 skrev Joerg:

    big IT project have a tendency to get ridiculously expensive, I'm not sure
    big companies are much better at it than governments, they just don't go
    public
    with it

    but to put the 635M in perspective, in 2011 that would be around 6 weeks of
    profit for UnitedHealth Group

    with that kind of money involved I'm sure they spend a lot in lobbying and
    contributions to avoid be cut out of the loop by a single payer system

    -Lasse
    ++++++++++++++++++++++++++++++++++++

    So what you are saying is that United Health Group knows how to provide
    health care and obozo does not! Yep, got it.

    tm
     
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