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Old 06-25-2015, 04:04 PM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
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Posts: 18,083
The only thing that is bad about Obamacare is that it is over enriching the insurance industry. The high bid for buying out Humana is $54 Billion. Who the hell pays $54 Billion and doesn't expect to make their money back and profit?

Americare (Mark coined the term) is on its way -- single payer health care supported by a FICA or SE tax scheme or possibly a large increase in the capital gains rates like 8%.

Most of the complaints about the Affordable Care Act are about money and a single payer system, like Medicare that seems to work, is the only way that costs will be controlled.

Private insured patients may be subsidizing Medicare and Medicaid rates so charges may have to be equalized to support acceptable service levels. You could still buy "umbrella" private medical insurance to receive preferential treatment above your taxed medical benefit. That type of insurance expense should be 100% deductible as you will already be paying 8% on the first $250,000 over ($14,000+ the poverty level) of your AGI on your 1040.

Bottom line: Healthcare costs will continue to rise for some.
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