Health Care

[skeets]

OK I know there are a ton of folks in here a lot smarted than I am,, So I pose this question. Being that I have health coverage that I was able to carry over from work after I retired, how does this effect me? I have heard so many different stories and theories that I am in a state of bewilderment. I contacted my carrier and the answer I got was we don't know, pretty bad answer from a multi million dollar company, one would think the carrier would have some kind of an idea.
So I ask, do I have to worry about health care or will it be canceled or if I keep it will I get my dick fined into the dirt????
Anybody

 

[bandaidmd]

As long as you already have it you should be good to go. It is very confusing.

Sent from my DROID RAZR using Tapatalk 2

 

[WFM]

I'm self employed and carry no health insurance. I was told by me accountant last year that in 2013 when I do my taxes this year I will get fined $300. because of no health care. So if someone can't afford health care and works and doesn't get state or federal aid. That poor bastard gets fined. But if you are a lazy SOB and have working people support you by paying taxes. You get state and federal health care free. The greatest country on earth ? Yes but with many flaws.

 

[lsmurphy]

F them.

I ain't doing a damn thing.

 

[lsmurphy]

I'm self employed and carry no health insurance. I was told by me accountant last year that in 2013 when I do my taxes this year I will get fined $300. because of no health care. So if someone can't afford health care and works and doesn't get state or federal aid. That poor bastard gets fined. But if you are a lazy SOB and have working people support you by paying taxes. You get state and federal health care free. The greatest country on earth ? Yes but with many flaws.

Pay in ONLY what you owe, if you have a return they will take it, if you don't........they cannot enforce it.


I wont' pay that skinny bastard a dime.

 

[bobkeyes]

Skeets,

I am certainly no expert here, but I am retired. I also get the AARP magazine and they say if you have insurance you don't have to worry. You will probably have to prove that you have at tax time with a policy number etc., but if it is not cancelled for some reason you are good to go.

I have Medicare and a United Healthcare supplement, which is paid for by my former employer. They say I don't have to do anything either except provide the policy numbers at tax time.

Again, I'm far from an expert, but this is the way my accountant and AARP have explained it. Hope it helps.

 

[SLIMSHADIE]

Im know expert either but my partial understanding is that they but businesses off 1 year. Which means offer health insurance to everyone or pay a fine, next year. We do a carve out for management and office, which is the only people offered insurance in our company. The contract was extended and resigned till December 2014. The deductables and copays are not quite up to the new standard so they will have to be changed for the following year, if offered.

So now everybody else is kind of locked out till then. The individual will/should get appropiate coverage or be fined. I heard upto $95 the first year and then upto $795 the following year. The proof will be when filing taxes, there will be a health insurance proof section. Appropiate fines will be deducted from your tax return.

So i beleive anybody that has current health insurance will be ok, but for 2015 there are guidelines for healthcare coverage, deductables,copays,etc....

 

[helomech]

It is not necessarily true that if you have insurance you wont' be effected. You won't until 2018, then it goes to shit. My insurance is considered a Cadillac plan, so my employer will have to pay a 40% tax for me to have this plan. So more than likely my plan will either be dropped, or at least lowered. Obama wants all the people (other than politicians) to have the same crappy insurance, and anyone that has better insurance will be taxed to death on it.

 

[Eric McCarthy]

I dont hardly ever get sick and never go to the doctors or hospital. I have to be on my death bed circling the drain and drug to the hospital before I go. So why the hell should I have to pay a dime for something I dont need or will ever use. At the very worst I'll get a head cold and take otc pills for that. I've never had the flu nor get the shot.

 

[Kingcreek]

Welcome to Obamacare! A government program so complicated that nobody fully understands it and many of the opinions, modifications, clarifications, and rulings are still being written and released. It includes a tax penalty for anyone not covered with a qualifying plan. This thing is huge and absolutely plagued with problems right out of the box. Only time will tell how it all shakes down for each of us but its going to be a bumpy ride.
I was notified by my carrier that my high deductible plan (with HSA) does not qualify and will not be offered after Dec 31. Well screw me. Thank you Barak Hussein Obama, Nancy, Harry and the other socialists in Washington.

 

[helomech]

I was notified by my carrier that my high deductible plan (with HSA) does not qualify and will not be offered after Dec 31. Well screw me. Thank you Barak Hussein Obama, Nancy, Harry and the other socialists in Washington.

Might want to double check this info. I have the HSA plan and mine was just renewed for next year. My employer is the largest helicopter company in the world and they will still carry it. It might just be your carrier that decided to drop it. My company said that at least until 2018 our insurance should remain the same. Just with lot more cost to my company.

 

[Kingcreek]

Might want to double check this info. I have the HSA plan and mine was just renewed for next year. My employer is the largest helicopter company in the world and they will still carry it. It might just be your carrier that decided to drop it. My company said that at least until 2018 our insurance should remain the same. Just with lot more cost to my company.

The issue is the deductible and the max out of pocket. My current max OOP is over the max allowed by the new fed mandates. Whatever they offer, if anything is offered, will be more expensive than the $510 per month I pay now for me alone. My wife's is seperate and she got her own similar letter

 

[helomech]

The issue is the deductible and the max out of pocket. My current max OOP is over the max allowed by the new fed mandates. Whatever they offer, if anything is offered, will be more expensive than the $510 per month I pay now for me alone. My wife's is seperate and she got her own similar letter

None of that has changed yet, we are keeping the exact same insurance we have been having. My company gives me 1000 dollars earnest money for being in the plan, and my max out of pocket for my family is 5000 a year. I put the max in which I think is 6500. I think it costs me 6 bucks a month for me and my family to be in the plan.

I think your company is changing things, nothing from the feds kicks in this year.

 

[Killer RC]

Skeets,

I am certainly no expert here, but I am retired. I also get the AARP magazine and they say if you have insurance you don't have to worry. You will probably have to prove that you have at tax time with a policy number etc., but if it is not cancelled for some reason you are good to go.

I have Medicare and a United Healthcare supplement, which is paid for by my former employer. They say I don't have to do anything either except provide the policy numbers at tax time.

Again, I'm far from an expert, but this is the way my accountant and AARP have explained it. Hope it helps.

AARP has a big time liberal agenda. I'd trash that magazine.

 

[lsmurphy]

None of that has changed yet, we are keeping the exact same insurance we have been having. My company gives me 1000 dollars earnest money for being in the plan, and my max out of pocket for my family is 5000 a year. I put the max in which I think is 6500. I think it costs me 6 bucks a month for me and my family to be in the plan.

I think your company is changing things, nothing from the feds kicks in this year.

First off, you company doesn't 'give' you anything. That 'contribution' is a cost of your employment.....>>IOWs..........it's YOUR income.


Secondly..........if you think you will keep anything............you lose, everyone loses, by design.



I don't have to prove anything, you'll live it, you'll see.

 

[lsmurphy]

aarp has a big time liberal agenda. I'd trash that magazine.

+++++10000000000000000000000000000

 

[Kingcreek]

Helomech, sorry bud but you are wrong. I am self employed, buy my own insurance, and my CPA is a retired IRS agent. The max allowable out of pocket is something like $6450 starting January 1. My current plan is higher than that which makes it almost affordable and also means that thanks to Obamacare no longer available after December 31.
AARP is a socialist organization with very left leaning political positions and agenda. They lobbied heavily for Obamacare. Every time I get junk mail from them wanting me to join I write my opinion of them on the prepaid envelope and send it back to them.

 

[helomech]

First off, you company doesn't 'give' you anything. That 'contribution' is a cost of your employment.....>>IOWs..........it's YOUR income.


Secondly..........if you think you will keep anything............you lose, everyone loses, by design.



I don't have to prove anything, you'll live it, you'll see.

I was trying to help you.

Yes my company does give it to me as a benefit to my employment. It is also a way to get us to go to the high deductible plan instead of the 750 plan.

Secondly, I know we will loose, but none of it goes into effect this year. If you believe that that is your freaking problem not mine. I still have the exact same insurance I had last year and the years before.

I have been using this insurance with my company for the last 16 years. Our HR department is huge and they are up on the law. They gave us a long briefing on this along with the paperwork. Our insurance will remain unchanged until ( I believe they said)2018.

 

[helomech]

Helomech, sorry bud but you are wrong. I am self employed, buy my own insurance, and my CPA is a retired IRS agent. The max allowable out of pocket is something like $6450 starting January 1. My current plan is higher than that which makes it almost affordable and also means that thanks to Obamacare no longer available after December 31.
AARP is a socialist organization with very left leaning political positions and agenda. They lobbied heavily for Obamacare. Every time I get junk mail from them wanting me to join I write my opinion of them on the prepaid envelope and send it back to them.

I see what you are saying. All I know is that my plan will not be effected till 2018. I had no idea they had higher out of pockets available. Wow 510 a month just for you. Damn that sucks. My plan is 6 bucks a month for my entire family. Not counting the earnest money.

It depends on what you have. My plan the max out of pocked is 5000. My employer puts 1000 in. So my out of pocket is 4000. I put 6500 (or so it is somewhere around there) into the health savings account. So every year I put 1500 extra a year into the account. I have had this same insurance for the last 7 years or so. Before that I was on the 750 plan. I have no idea what your max out of pocket is, I know for a fact mine is 5000. BTW my company is self insured. We only use Etna for the paperwork. My company pays all our medical.

There is no penalty for the company for having too good of insurance until 2018. Only a few minor things have changed this year, and they do not effect my insurance at all. I am against obama care probably more than anyone else. But keep the facts straight.

obama care sucks and needs to go away.

 

[helomech]

Here This is the major changes for 2014. Nothing changing for me. My insurance meets all the requirements. It is not until 2018 that my insurance will exceed the requirements and therefore be considered a caddillac plan and then my employer will have to pay a 40% tax on my plan, or reduce my plan.

http://voices.yahoo.com/health-care-bill-summary-timeline-changes-2010-5710898.html

Health Care Bill Summary: Timeline of Changes 2014

2014: An IRS penalty kicks in for those who meet affordability guidelines for health insurance but do not have health insurance, according to the Washington Post.

2014: No consumer can be denied health coverage for pre-existing conditions in 2014.

2014: The temporary high-risk pool set up in 2010 to cover adults with pre-existing conditions ends as the health care exchanges will be in place

2014: Annual maximum caps for coverage on health care plans are banned. This can benefit consumers who would otherwise need to stretch out their necessary medical tests, surgeries or care over two or more years.

Health Care Bill Summary: Timeline of Changes 2018

2018: All plans must provide preventive care without deductibles and co-payments.

There are other features of the health care reform bill that affect how the health care companies conduct business, but these are the features that consumers will experience directly.