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Author: salaryguru Big gold star, 5000 posts Top Recommended Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 58776  
Subject: Re: Surprise-Another New Employer Fee in Obamaca Date: 12/11/2012 12:10 AM
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Let's examine this story as rational human beings rather than as stupid tea-baggers who will believe anything anti-Obama or anti-Democrat or anti-liberal. I mean, let's face it, people like that are just too stupid to be taken seriously.

"It's a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Barack Obama's health care overhaul"

Really???

So . . . $63 per year (or $5.25 per month) is assessed to some insurance policies to "cushion health insurance companies from the initial hard-to-predict costs of covering uninsured people with medical problems. Under the law, insurers will be forbidden from turning away the sick as of Jan. 1, 2014." according to the article. That's what some will pay to stop predatory insurance company procedures that deny coverage to those that really needed it. The savings we will get from the fact that the insurance pool will now be larger and everyone will have to participate is expected to be much larger than this amount. But if $5.25 per month is too much of a price for you to require that everyone have coverage and pay their fair share, please note that, "it is a temporary assessment levied for three years starting in 2014, designed to raise $25 billion. It starts at $63 and then declines." "It will phase out completely in 2017".

The article also states that, "the insurance fee had been overlooked as employers focused on other costs in the law." Really? You think there might be a good reason why employers were not focusing on $5.25 per month per employee expenses? Like, maybe they spend more on electricity to light the workspace than that? Or that they spend more on copy paper and staples than that? . . . Also, why is the anti-healthcare crowd trying to focus on this fee while completely ignoring the much larger savings being realized by the larger insurance buying pool? Yeah. . . $5.25 per month is going to really change the business model for employment. . . NOT.
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