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Thread: CBO: Obamacare to cost $1.76 Trillion over 10 years

  1. #51
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    Re: CBO: Obamacare to cost $1.76 trillion over 10 yrs (Oooops... that's double what t

    Quote Originally Posted by AdamT View Post
    And what is the purpose of the mandate, do you think? The purpose is to dissuade people who can afford insurance from free-riding on you and me.
    LOL!!!

    Ahhh...thanks for telling me that.

    So, do you think it's worth the added taxes and fees?

    Do you think it's worth it to the woman working two jobs trying to make ends meet?
    TANSTAAFL

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    ― Robert A. Heinlein, Beyond This Horizon

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    Re: CBO: Obamacare to cost $1.76 trillion over 10 yrs (Oooops... that's double what t

    Quote Originally Posted by AdamT View Post
    More accurately, you're probably paying about half the cost or less of your health insurance and your employer is paying the other half. Your employer is deducting its share of the insurance from its taxes, and of course you don't pay income or payroll taxes on the compensation you receive in the form of health insurance. Those tax preferences cost the treasury about $500 billion per year. In other words, people who have health insurance also receive government assistance, and have for many decades.
    Now I see where you are coming from. It's all the government's money.
    TANSTAAFL

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    ― Robert A. Heinlein, Beyond This Horizon

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    Quote Originally Posted by jonny5 View Post
    No, so Im confused as to why any of that is my problem. I work and pay for my own health care plan, and they treat me fine. So why should I pay for a huge govt program?
    1) you aren't paying for it
    2) its crap like what that poster went through as to why 90% of the reforms in congresscare was needed.

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    Re: CBO: Obamacare to cost $1.76 Trillion over 10 years

    Quote Originally Posted by Redress View Post
    That 900 billion, that is net. What do they compare it to in the CBO report? Gross. That is why they are being dishonest.
    Wrong. Reference the actual report, they are both gross figures:

    March 2010 (Table 2)

    Obamacare Old.JPG

    March 2012 (Table 2)

    Obamacare New.JPG

    There is nothing factually incorrect in the OP's article.
    "There is an excellent correlation between giving society what it wants and making money, and almost no correlation between the desire to make money and how much money one makes." ~Dalio

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    Re: CBO: Obamacare to cost $1.76 trillion over 10 yrs (Oooops... that's double what t

    Quote Originally Posted by AdamT View Post
    More accurately, you're probably paying about half the cost or less of your health insurance and your employer is paying the other half. Your employer is deducting its share of the insurance from its taxes, and of course you don't pay income or payroll taxes on the compensation you receive in the form of health insurance. Those tax preferences cost the treasury about $500 billion per year. In other words, people who have health insurance also receive government assistance, and have for many decades.
    My employer pasts any cost down to me, and the govt any deductions down to me through federal taxes, so Im paying for all of it.

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    Re: CBO: Obamacare to cost $1.76 Trillion over 10 years

    Quote Originally Posted by xpiher View Post
    1) you aren't paying for it
    2) its crap like what that poster went through as to why 90% of the reforms in congresscare was needed.

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    My paycheck says I am paying for it. Still not sure how the crap the poster may have gone through is my problem to pay for.

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    Re: CBO: Obamacare to cost $1.76 trillion over 10 yrs (Oooops... that's double what t

    Quote Originally Posted by UtahBill View Post
    Our son works, and pays, and thought he was covered....

    they treat you fine NOW, wait til you need very expensive procedures......

    they treated my grandchild fine, when all she had was minor illnesses, but once she got the tumor, all bets are off...first they tried to say her parents knew she had the tumor when they bought the insurance, but that effort failed....so they paid.
    THEN, after exhausting all chemo options (5 years on chemo), her doctor got her on an trial drug that seems to work. Her insurance company wants off the hook for quarterly MRI's that would have been required anyway, they want the drug company to pay for them. Sounds almost reasonable, but they aren't stepping up.
    Problem is, neither their insurance company or the doctors or hospital told the parents that they would have to pay for the MRI's and doctor visits, etc. during the trial phase. They now owe about $30K....and he is a teacher who hasn't had a pay raise in 4 years, despite finishing his masters degree.
    They pay $530 per month for the policy, $1500 annual deductible, then the insurance company is supposed to pay 100%.
    The district covers him as part of his benefits, but not his family.
    Even that is changing, I read in the paper today that he will have to pay $80 per month starting next fall.
    If they got their family insurance thru his school district, it would be $1,000 per month.
    14 years teaching, and his pay is about $50K....
    If it wasn't for what the wife and I give them, they would be filing bankruptcy.
    So, again, how is this my problem to pay for?

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    Re: CBO: Obamacare to cost $1.76 Trillion over 10 years

    Quote Originally Posted by Rhapsody1447 View Post
    Wrong. Reference the actual report, they are both gross figures:

    March 2010 (Table 2)

    Obamacare Old.JPG

    March 2012 (Table 2)

    Obamacare New.JPG

    There is nothing factually incorrect in the OP's article.


    @Redress

    I'd like to think you simply made a mistake with the information but here's the issue: You claimed that the article was misleading, went out of your way to show why, but ended up doing the same thing you claimed the article did.

    Or are you going to say that March 2010 CBO chart is incorrect?



    As an aside, I listened to multiple cable news outlets from CNN, to CNBC and Fox and they all seemed to identify that the costs have indeed almost doubled.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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    Re: CBO: Obamacare to cost $1.76 Trillion over 10 years

    Quote Originally Posted by Ockham View Post
    @Redress

    I'd like to think you simply made a mistake with the information but here's the issue: You claimed that the article was misleading, went out of your way to show why, but ended up doing the same thing you claimed the article did.

    Or are you going to say that March 2010 CBO chart is incorrect?



    As an aside, I listened to multiple cable news outlets from CNN, to CNBC and Fox and they all seemed to identify that the costs have indeed almost doubled.
    So far as I can tell every reputable news source in the country has reported the same thing. That projected cost have doubled and furthermore (though I can't recall which candidate said it at which one) this was part of the discussion at one of the debates. The projected cost have doubled, it will be an election issue and IMO anyone wishing to live in a bubble and not acknowledge the fact will have a hard time doing so in coming days. In fact if I were a betting man I'd bet you real money that we still have not seen what the true cost will be and the final cost will far exceed "double" what was billed, in the end.

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    Re: CBO: Obamacare to cost $1.76 Trillion over 10 years

    Quote Originally Posted by Gie View Post
    So far as I can tell every reputable news source in the country has reported the same thing. That projected cost have doubled and furthermore (though I can't recall which candidate said it at which one) this was part of the discussion at one of the debates. The projected cost have doubled, it will be an election issue and IMO anyone wishing to live in a bubble and not acknowledge the fact will have a hard time doing so in coming days. In fact if I were a betting man I'd bet you real money that we still have not seen what the true cost will be and the final cost will far exceed "double" what was billed, in the end.
    And the moral here is: Don't trust the media, don't trust other posters, only trust yourself.

    Sad actually but that's reality.
    I think if Thomas Jefferson were looking down, the author of the Bill of Rights, on whats being proposed here, hed agree with it. He would agree that the First Amendment cannot be absolute. - Chuck Schumer (D). Yet, Madison and Mason wrote the Bill of Rights, according to Sheila Jackson Lee, 400 years ago. Yup, it's a fact.


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