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Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts

Thursday, October 7, 2010

MICKIE-D SAVED BY "THE DEAL"

Hey, read my post from 10-2 re. McDonald's mini-med policies. Here's the follow up.

Today Obama announced that 30 businesses will get a 1-year exemption from portions of Obamacare. McDonald's is one of the "chosen," the "exempt."

Good for you if you work for one of the chosen companies, but too bad, so sad if you work for any of the other thousands of companies who will be forced to comply with all Obamacare rules.

Right now it's a crap shoot if you are not a chosen employer. You are at the mercy of Obama and Kathleen Sebelius, waiting for them to decide what they like and whom they want to favor.

And what happened to the "lie" we were told that Obamacare would "level the playing field?" This exemption creates exactly what Obama claimed was a problem - an unequal playing field. What does he think this does??

Oh, yes, and there's the administration's promise that if you like your insurance you can keep your insurance. What they didn't tell you is that you can only keep it as long as they allow for "exemptions" from Obamacare. Listen up, Folks, the exemptions granted today are only good for ONE YEAR. Then it is back to the rules.

This just goes to show what can happen when people with absolutely nil experience in anything decide they can govern an industry better than the industry can govern itself.

And this is just the beginning of the spreading malignancy known as Obamacare.

Congratulations, McDonalds and 29 other companies. You just shafted the rest of us.

Wednesday, September 15, 2010

TAX TSUNAMI #4, SURPRISE, GET OUT YOUR CHECKBOOK!

TAX TSUNAMI #4, if you don't read my Tsunami 1-3 blogs, be sure you read this one. It's the worst yet because it will hit almost everyone.

Now, your employer paid health care will be reported as INCOME on your W-2's. I'll bet that all of you who supported Obama and were in favor of his takeover of health care will be astonished to hear about this little SURPRISE. Yes, buried in the "new and improved" Obamacare is this little known fact.

Starting in 2011 (next year, Folks, coming soon), your W-2 wage/tax form sent to you by your employer will be increased to include the value of whatever health insurance benefit you are given by your company. It does not matter if that's a private company or a government body. EVERYONE will get this little surprise.

If you're retired? If you're raising a family? If you're married or single?
So What!! Your gross will go up by the dollar amount of insurance you get from your employer.

All of us will be required to pay taxes on a very large sum of money that we have never seen.

If you want to know how this will affect you just take your tax return from 2009, add on $10,000 to $20,000 or whatever dollar amount your employer pays for you, and see what this additional gross does to your tax debt. That's what you will pay in taxes next year.

For many this will also put you into a new higher tax bracket so the situation is even worse that it appears.

Now we know how the government is going to buy insurance for the 15% of Americans who don't currently have it. They are doing it on the backs of every tax payer who has employer paid insurance.

This should make all of us scream and shout at anyone in Washington who voted for the travesty called Obamacare. Before you vote in November make sure you know how your representatives voted.

MERRY CHRISTMAS FROM BARACK AND THE CZARS.

Friday, September 10, 2010

SHUT UP OR YOU ARE OUT OF BUSINESS

It's pretty evident that the Obama administration is getting very testy over criticism of Obamacare. They are tiring of the griping about the new law by the companies that the law will eventually put out of business. Yesterday HHS Sec Kathleen Sebelius offered to expedite the out-of-business process for those companies who don't shut their mouths.

Sebelius warned the insurance industry that the administration won't tolerate blaming premium hikes on Obamacare. She wrote a letter to the insurance lobby stating, "There will be zero tolerance for this type of misinformation and unjustified rate increases."

She further wrote, "Simply stated we will not stand idly by as insurers blame their premium hikes on the requirement that they provide consumers with basic protections." Whom does she think is supposed to pay for the mandated "basic protections?" Santa Clause?? The Tooth Fairy?? The Easter Bunny?? Oh, I forgot, the ubber rich in America.

She warned that "bad actors" may be excluded from new health insurance markets that will open in 2014 under the law. They'd lose out on a big pool of customers, something like 30 million people nationwide. In other words, SHUT UP OR LOSE YOUR BUSINESS!

What law gives her the right to threaten businesses with black listing them if they don't shut up? Or maybe she is acting at the behest of Mr. Obama, the thin skinned phony in the White House.

Rarely has a Cabinet official told American companies to stay out of political debates at the risk of losing their businesses. Obama and his administration have put themselves in a position where politicians can actually destroy a business out of spite. So businesses beware, don't get on the "bad side" of the Obama shipwreck.

I guess Hope and Change means keeping your mouth shut, pretend everything Obama does is okey dokey, and put on a Happy Face as businesses and jobs rapidly disappear.

VOTE IN NOVEMBER, AND PRAY FOR REPEAL!