Jo's Cafe

Those of us who are fortunate enough to have the ability to already purchase our own health insurance coverage, either through stand alone policies from various companies that offer such, or through our workplace are being targeted by the Obama Administration in his health care bill.  Obama said those of us with our own insurance are going to be able to keep our insurance.

That is a LIE.

The health care bill attacks those of us with insurance already and increases fees and expenditures to the point it will eventually force us off that insurance and onto Medicare (government health care and control).  I will fight to the bitter end to stay on private insurance.  Below is a copy of the Revenue Offset Provision in the Obama-care bill that will increase fees for the already insured to try and force us out of paying for our own coverage.   This is how the socialists will take over if not stopped.

Obama Care Bill – Revenue Offset Provision, or: Screw the Employee to raise money Provision

Title IX: Revenue Provisions – Subtitle A: Revenue Offset Provisions – (Sec. 9001, as modified by section 10901) Amends the Internal Revenue Code to impose an excise tax of 40% of the excess benefit from certain high cost employer-sponsored health coverage. Deems any amount which exceeds payment of $8,500 for an employee self-only coverage plan and $23,000 for employees with other than self-only coverage (family plans) as an excess benefit. Increases such amounts for certain retirees and employees who are engaged in high-risk professions (e.g., law enforcement officers, emergency medical first responders, or longshore workers). Imposes a penalty on employers and coverage providers for failure to calculate the proper amount of an excess benefit.

(Sec. 9002) Requires employers to include in the W-2 form of each employee the aggregate cost of applicable employer-sponsored group health coverage that is excludable from the employee’s gross income (excluding the value of contributions to flexible spending arrangements).

No longer will health care insurance be considered a benefit as it will now be included as part of your salary.

(Sec. 9003) Restricts payments from health savings accounts, medical savings accounts, and health flexible spending arrangements for medications to prescription drugs or insulin.

So those of us that use Insulin are going to get screwed for needing that medication?

(Sec. 9004) Increases to 20% the penalty for distributions from a health savings account or Archer medical savings account not used for qualified medical expenses.

Who is going to get that 20%? You guessed – the government. Shove that shiv in the employee’s back!

(Sec. 9005, as modified by section 10902) Limits annual salary reduction contributions by an employee to a health flexible spending arrangement under a cafeteria plan to $2,500. Allows an annual inflation adjustment to such amount after 2011.

(Sec. 9006) Expands reporting requirements for payments of $600 or more to corporations (other than tax-exempt corporations).

(Sec. 9007, as modified by section 10903) Requires tax-exempt charitable hospitals to: (1) conduct a community health needs assessment every two years; (2) adopt a written financial assistance policy for patients who require financial assistance for hospital care; and (3) refrain from taking extraordinary collection actions against a patient until the hospital has made reasonable efforts to determine whether the patient is eligible for financial assistance. Imposes a penalty tax on hospitals who fail to comply with the requirements of this Act.

WTF? What if the community refuses to participate in your assessment Obama? Are you going to punish the hospital like you threaten later on in this section? So people are going to be allowed to go to the hospital but not have to pay if they can’t? I thought that’s what this damn bill was suppose to be for!

Requires the Secretary of the Treasury to report to Congress on information with respect to private tax-exempt, taxable, and government-owned hospitals regarding levels of charity care provided, bad debt expenses, unreimbursed costs, and costs for community benefit activities.

(Sec. 9008) Imposes an annual fee on the branded prescription drug sales exceeding $5 million of manufacturers and importers of such drugs beginning in 2010. Requires the HHS, VA, and DOD Secretaries to report to the Secretary of the Treasury on the total branded prescription drug sales within government programs within their departments.

Screwing the manufacturer of the medications that keep us alive. Where do you think said manufacturers are going to shuffle the costs off to for these fines/fees? Yup – to you and me.

(Sec. 9009, as modified by section 10904) Imposes an annual fee on the gross sales receipts exceeding $5 million of manufacturers and importers of certain medical devices beginning in 2011.

(Sec. 9010, as modified by section 10905) Imposes on any entity that provides health insurance for any United States health risk an annual fee beginning in 2011. Defines “United States health risk” as the health risk of an individual who is a U.S. citizen or resident or is located in the United States with respect to the period the individual is so located. Exempts entities whose net premiums written are not more than $25 million. Requires all entities subject to such fee to report to the Secretary of the Treasury on their net written premiums and imposes a penalty for failure to report.

(Sec. 9011) Requires the VA Secretary to study and report to Congress by December 31, 2012, on the effect of fees assessed by this Act on the cost of medical care provided to veterans and on veterans’ access to medical devices and branded prescription drugs.

We’re going to screw the Veteran, then do a tax-payer paid for study to see how badly this screwing effects the protectors of our country.

(Sec. 9012) Eliminates the tax deduction for expenses for determining the subsidy for employers who maintain prescription drug plans for Medicare Part D eligible retirees.

(Sec. 9013) Increases the adjusted gross income threshold for claiming the itemized deduction for medical expenses from 7.5% to 10% beginning after 2012. Retains the 7.5% threshold through 2016 for individual taxpayers who have attained age 65 before the close of an applicable taxable year.

(Sec. 9014) Imposes a limitation after December 31, 2012, of $500,000 on the deductibility of remuneration paid to officers, directors, employees, and service providers of health insurance issuers who derive at least 25% of their gross premiums from providing health insurance coverage that meets the minimum essential coverage requirements established by this Act.

(Sec. 9015, as modified by section 10906) Increases after December 31, 2012, the hospital insurance tax rate by .9% for individual taxpayers earning over $200,000 ($250,000 for married couples filing joint tax returns).

Here is the “rich” tax again on those making $250,000 a year …

(Sec. 9016) Requires Blue Cross or Blue Shield organizations or other nonprofit organizations that provide health insurance to reimburse at least 85% of the cost of clinical services provided to their enrollees to be eligible for special tax benefits currently provided to such organizations.

…remember in November…

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Category : Diabetes, Health, Liberal Congress, POTUS Obama, Socialism, Terrorism | Tags : Barack Hussein Obama, Diabetes, Health, Liberal Congress, Socialism