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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
Jägermeister Test Pilot
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Join Date: Dec 2001
Location: NORCAL
Posts: 73,979
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Obamacare rocks - here's why
My wife works for a doctor and is her only employee. My wife works only so we can have healthcare, but after she was hired the doctor told us she couldn't afford to insure myself and our kid. However, this morning we got an email from my wife's boss telling us that under Obamacare, she is able to write off a much larger portion of her healthcare expenses as an employer - so much so that she can now insure all three of us and pay less than when she was just covering my wife.
I can't really debate Obamacare, but I have yet to see a downside with it.
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#3 |
Industry Vet
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Join Date: Jan 2002
Location: Santa Monica, CA
Posts: 2,663
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There seems to be quite a few unexpected ancillary pluses to the ACA.
http://www.forbes.com/sites/rickunga...ler-after-all/
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#4 | |
Jägermeister Test Pilot
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Quote:
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#5 | |
working on my tan
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Join Date: Mar 2005
Location: Florida/Kentucky
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Quote:
An employer/business can "write off" or expense legitimate business expenses like insurance. Meaning these expenses are deducted from profits before taxes are calculated. The only way she is "writing off" more is if her expenses are now higher. What am I missing Dude? . |
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#6 | |
Jägermeister Test Pilot
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Quote:
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#7 | |
Too lazy to set a custom title
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#8 |
Porn is Dead. Move along.
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Join Date: Aug 2006
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affordable care act is nothing more then another fascist redistribution of wealth from amerikans and future generations to corporations.
just like medicare part d and all the other phony programs that do nothing but redistribute wealth from amerikans and future generations directly to corporations |
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#9 |
Promoting Debate on GFY
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#10 | |
working on my tan
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#11 |
Confirmed User
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Location: My High Horse
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One of the things that both of my doctors are expecting is an increased number of patients, as more people will be using the insurance they now have to get to get medical attention that they have been putting off. One thing he mentioned specifically is colonoscopies, due to the aging population, the nature of the procedure and the expense...They are now a covered preventative care(or will be starting Jan 1)
My GP is actually hiring people in anticipation of increased business.
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Mike South It's No wonder I took up drugs and alcohol, it's the only way I could dumb myself down enough to cope with the morons in this biz. |
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#12 | |
The People's Post
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Quote:
![]() it's funny you mention this, i've actually gone ahead and made an appointment for a doctor i want to become a patient of in anticipation of an increase in his # of patients. |
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#13 |
Babemeister
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Join Date: Jun 2001
Location: Madison
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You're not wrong. However,it still has to be paid for every month on the front end.
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#14 |
Confirmed User
Join Date: Nov 2001
Location: semi-retired
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just guessing here, but the keyword in this scenario is
"subsidy" which would raise the credit the employer can claim for the health care expense (more than the actual dollars spent by the employer) at least that is the way it has been explained to me for my 'other' small business
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nothing to promote |
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#15 |
working on my tan
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#16 | |
Porn Meister
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43-922-863 Shut up and play your guitar. ![]() |
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#17 | |
Babemeister
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Quote:
Her boss might just be taking the expense as he needed it to defer taxable income. THe odds of him getting audited aren't great and the worst case is he has done something questionable.. he pays the interest and the penalty.
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#18 |
So Fucking Banned
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#19 | |
in a van by the river
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In November, you can vote for America's next president or its first dictator. |
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#20 |
Fake Nick 1.0
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It's rocks so well that you get 16,000 new IRS agents and not doctors.
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#21 |
Confirmed User
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The downside? Our govt shutdown because half the people we elected want to repeal (or for now not fund) the law... makes me have great hope it'll last and if it gets repealed where does that leave everyone?
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#22 |
Fake Nick 1.0
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More than half and who do you think is the driving force behind that? Perhaps the more than half of the people who don;t want it?
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#23 | |
Confirmed User
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#24 | |
Too lazy to set a custom title
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Quote:
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#25 | |
Leaner, Meaner, Faster
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Quote:
Remember Obama going on television and warning about all the dire consequences that would happen if the "sequester" occurred? And Reid and Pelosi followed with all the talking points. Nothing bad happened at all, the amount of deficit for this year went down, and the economy finally started picking up (the housing market is getting better). So now the last few weeks I've seen Obama and Reid both bragging about the lower deficit this year! LOL! I'm glad I've finally opened my eyes and saw all these politicians for what they really are. I look back at the way I use to think and it's almost embarrassing to me that I was such a dupe. I've been alive since the 1960's. Very, very few of all the promises made by the federal govt. have actually come to pass. But they all cost a LOT of money. ![]() |
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#26 | ||
So Fucking Banananananas
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![]() health insurance is a FRINGE benefit, you (as the employer) dont pay taxes on this. the only exceptions under the new healthcare act (that effect businesses with LESS than 50 employees) is to expense those into other taxes, like FICA, whereas you don't have that now. if you do the math... you pay an employee $4k/mo. salary W2 as the employer, you have payroll taxes, FICA, etc., which are about 10-12% adding in health insurance, say at $500 now the cost to have this person work for you is almost $5,000/mo. from what I gather, and im not going to double check or look into this more because I pay an accountant/HR person to do this, is that health insurance can be *somewhat* expensed out of the payroll taxes bracket. by how much %? probably a little bit but not enough to go from a $500 to an $800/mo plan.
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#27 |
wtf
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post makes sense to me,
small business is getting extra tax breaks, so they normally deduct 100% of expenses (inc. healthcare) that's a given, now they get further tax breaks with SHOP. Good for them, small business needs that, not the big ones! so yes post makes complete sense, just read a little http://obamacarefacts.com/obamacare-smallbusiness.php |
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#28 |
OG
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Just listen to Tommy Douglas.
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#29 | |
So Fucking Banned
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Quote:
I am an employee and my employee is an employee so I really have two employees and became eligible. As far as taxes I paid as a result, not really sure what those consequences were but I suspect there were some because Quickbooks asked how much was paid for health insurance. There had to be some reason. |
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#30 |
Confirmed User
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#31 | |
Jägermeister Test Pilot
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Quote:
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#32 | |
Confirmed User
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BUT, It will take some time to see the overall Pro's Vs Con's for this entire thing. I have friends and family that are experiencing the following Lower Health Insurance Higher Health Insurance Loss of Hours at a Job Job cutting insurance Job offering insurance now, but said no raises for next year to 2 years to adjust. and with me, my job the Teamster Unions are writing and calling Obama all the time, saying it is bad for business... so |
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#33 | |
lurker
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Can small employers get a tax credit? Employers who provide health insurance and have less than 25 full-time employees can get a tax credit of up to 35 percent in 2013 or 25 percent for nonprofits. This can increase up to 50 percent ? 35 percent for nonprofits ? in 2014, with companies who have fewer employees seeing the largest tax credit. Such employers also must pay average annual wages below $50,000, pay for 50 percent of the employee?s premium (not including dependents), and purchase insurance through the exchange. Companies that do not owe taxes also can carry the credit back or forward to other years. |
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#34 | |
lurker
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#35 |
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__________________
![]() ![]() * Handwritten * 180 C Class IPs * Permanent! * Many Niches! * Bulk Discounts! GFYPosts /at/ J2Media.net |
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#36 |
H.B.I.C.
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#37 | |
Jägermeister Test Pilot
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If you have a union job, you shouldn't even be commenting on Obamacare - you already have healthcare coverage. Of course the unions are pissed - It's going to give healthcare, one of the primary cornerstones of being a union member, to everyone who isn't in a union. Why join the union when you get the same healthcare without it? I don't believe in "loss of hours" because they employers don't want to pay healthcare. I think employers WANT to pay for healthcare, but it's not beneficial to them under the current system. (Under the current system it would my wife's employer more to provide us with healthcare then my wife's wages are!) Hawaii has mandatory healthcare laws and they have 92% coverage. Will it increase the healthcare costs for some people? I'm sure it will. It will save me $600 a month AND give my wife's employer some additional benefits. My friend, who's family members has pre-existing conditions, will be able to change healthcare providers for the first time - saving him thousands of dollars a month. I have yet to see a downside here? Can anyone show me a downside?
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#38 | |
Confirmed User
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YOU just said "Will it increase the healthcare costs for some people? I'm sure it will." There you GO.. Taking from one to give to another... And just because you do NOT believe the hours thing.. LOL, so throw that out.. NOT. NOT Every State is the Same. Like I said, let's just wait and see... I don't believe all these people saying their rates doubled either, so I tell them SHOW me... I will find out soon. Have a very good friend who is diabetic. He currently pays $1,800 a month. He will try to get on the website next week..... I'll report back... Another friend makes zero in income, and my state didn't take the 45 million or something to expand the Low to no income coverage, so she doesn't qualify, but IS required to buy insurance now???? IDK, I will check this one out myself also... The Union thing does affect me, as I don't like the union currently. They are just another arm of government, and run like a greedy business also. They are saying for this contract raises are staying the same, but a huge increase to what the company pays the union, because of the huge rise in health care... ummm What??? Pay me that money, not the Union and let me get my own insurance... ANYWAY... it's not all bad, not all good either! Honestly they should of had a panel put this together. (ACA) To me it looks like Obama is the Best Insurance sales man on the planet. He is also the best gun & ammo sales man LOL.... |
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#39 |
Fake Nick 1.0
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Just got back from a night out and a few beers with a friend who works for a large computer manufacturer and has good coverage through them. We always get into politics and he's pro-obamacare but during our conversation he asked me why I think his life saving medication went from $23 every 90 days to $248 every 90 days recently. I said "welcome to obamacare."
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#40 |
So Fucking Banned
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#41 |
So Fucking Banned
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#42 |
Confirmed User
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Is there documentation for this, or do you take what Donald Trump says at face value?
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#43 | |
Confirmed User
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Arguing whether the Democratic or Republican party is better is like debating which steaming pile of shit is slightly less stinky. |
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#44 |
Confirmed User
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Massive props, dude.
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#45 | ||
Jägermeister Test Pilot
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So far, win win. The reason your friend's healthcare costs are so high are most likely because he has a pre-exisiting condition and he is unable to change healthcare, so he is getting soaked. I have a friend who has the same problem - he can't change healthcare providers because of pre-existing conditions. Under Obamacare he should be able to with no problem.
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#46 | |
Jägermeister Test Pilot
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Join Date: Dec 2001
Location: NORCAL
Posts: 73,979
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Quote:
__________________
“The choice is no longer between right or left. The choice is between normal and crazy.” - Sarah Huckabee Sanders YNOT MAIL | THE BEST ADULT MAILING SOLUTION |
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#47 |
wtf
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Probably because the ins. companies will now have to insure people that pre-obamacare they did not want to - because of their costly medical conditions - they need to make up for it by raising costs (lowering coverage) overall
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#48 | |
Confirmed User
Join Date: Jan 2006
Posts: 6,218
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Quote:
So if you have no insurance and they pay you the money and then you actually have a major health issue and rack up $500k in health costs and can't pay, it's ok to stick the tax payer with it then? For the party of "individual responsibility" they sure are hypocritical. And yes that's how conservatives sold obamacare back in the 1990s because as you know it was created by conservatives. But since Obama wanted it obamacare is a hitler communist plot now
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#49 |
Confirmed User
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I find it ironic that a doctor can?t pay 1 employees family health care insurance?
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#50 |
Jägermeister Test Pilot
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Join Date: Dec 2001
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It's not that the doctor can't, but... When you reach the point where the healthcare costs more than the employee's salary, something is wrong there.
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