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Obamacare Supreme Court Ruling Coming This Week ...

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Rather than rehashing old arguments that some posters are not aware of, this is the latest affect of the Supreme Court's decision being announced by the CBO.

It's amazing what can be found out by reading a bill.

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CBO to employers: Obamacare has $4B more in taxes than expected

July 24, 2012

Joel Gehrke

Commentary Writer

The Washington Examiner

Business owners will pay $4 billion more in taxes under President Obama’s Affordable Care Act (ACA) than the Congressional Budget Office had previously expected.

“According to the updated estimates, the amount of deficit reduction from penalty payments and other effects on tax revenues under the ACA will be $5 billion more than previously estimated,” the CBO reported today. “That change primarily effects a $4 billion increase in collections from such payments by employers, a $1 billion increase in such payments by individuals, and an increase of less than $500 million in tax revenues stemming from a small reduction in employment-based coverage, which will lead to a larger share of total compensation taking the form of taxable wages and salaries and a smaller share taking the form of nontaxable health benefits.”

In short, CBO revised the Obamacare tax burden upward by $4 billion for businesses and $1 billion to $1.5 billion for individual workers.

http://washingtonexa...article/2503013

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Also from today's news. It seems Universal Health Care might not be so "universal" after all.

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Nearly one in 10 employers to drop health coverage

By Paige Winfield Cunningham - The Washington Times...July 24, 2012, 10:04AM

About one in 10 employers plan to drop health coverage when key provisions of the new health care law kick in less than two years from now, according to a survey to be released Tuesday by the consulting company Deloitte.

Nine percent of companies said they expect to stop offering coverage to their workers in the next one to three years, the Wall Street Journal reported. Around 81 percent said they would continue providing benefits and 10 percent said they weren't sure.

The companies, though, said a lot will depend on how future provisions of the law unfold, since most of the key parts are scheduled to take effect in 2014. One in three respondents said they could stop offering coverage if the law requires them to provide more generous benefits than they do now, if a tax on high-cost plans takes effect in 2018 as scheduled or if they decide it would be cheaper for them to pay the penalty for not providing insurance.

Article continues here: http://www.washingto...ealth-coverage/

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What are you on about? NOBODY said Obamacare was universal health care. That's what progressives like me wanted, but we didn't get it. Also the Supreme court in their medicaid expansion decision created a huge loophole for right wing states to opt out of the expansion which will prevent coverage of many millions of Americans that would be covered otherwise under the law.

Also from today's news. It seems Universal Health Care might not be so "universal" after all.

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Nearly one in 10 employers to drop health coverage

I can guarantee my old company will use this as an excuse to drop healthcare. Six months after the crash everyone in the company had to take a 7% pay cut "so that no one would need to be fired". Of course, the boss built new homes, bought new cars, etc and 4 years later salaries are still at that low level. They even stopped doing yearly reviews and pay increases. Soooo, something like this will provide my old boss (and many, many more like him around the country) the perfect excuse to stop offering healthcare to his employees.

What are you on about? NOBODY said Obamacare was universal health care. That's what progressives like me wanted, but we didn't get it. Also the Supreme court in their medicaid expansion decision created a huge loophole for right wing states to opt out of the expansion which will prevent coverage of many millions of Americans that would be covered otherwise under the law.

I normally don't like Wikipedia but it has a concise description of Universal Heal Care even you can understand.

What is Obamacare if it isn't universal health care?

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Universal health care – sometimes referred to as universal health coverage, universal coverage, universal care or social health protection - describes health care systems organized around providing a specified package of benefits to all members of a society with the end goal of providing financial risk protection, improved access to health services, and improved health outcomes.[2] Universal health care is not a one-size-fits-all concept; nor does it imply coverage for all people for everything. Universal health care is determined by three critical dimensions: who is covered, what services are covered, and how much of the cost is covered.[3]

http://en.wikipedia....sal_health_care

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and...

List of Countries with Universal Healthcare

August 9, 2009 at 9:25 pm · Filed under Economics, Health Care, Policy, Society ·Tagged Health Care, healthcare, universal health care, us health care, us healthcare

Update 6/28/2012: With the Supreme Court’s 5-4 decision to uphold the ACA (aka Obamacare), the US will have universal health care in 2014 using an insurance mandate system. Since Presidential candidate Mitt Romney has vowed to work to repeal the ACA if elected, a question mark remains next to the United States in the list below.

More here: http://truecostblog....thcare-by-date/

  • Author

Universal health care covers all citizens. Obamacare doesn't cover all citizens. Now the biggest loophole is the many millions of people who are not poor enough for existing Medicaid but not rich enough to afford to buy their own coverage, even with generous subsidies. Sorry, but you are totally wrong if you think Obamacare is universal health care.

Like I said. NOT universal. Please don't promote the distortion that it is universal any longer. If there is to be an honest debate on an important topic like this, people need to keep it within the realm of actual REALITY:

http://www.washingto...very-seriously/

The Congressional Budget Office is out with its analysis of how the Supreme Court decision will impact the Affordable Care Act’s budget. The big ticket takeaway is this: The non-partisan scorekeeper estimates that 3 million people fewer people will gain coverage due to states opting out of the Medicaid expansion, resulting in $84 billion less in federal spending.

Universal health care covers all citizens. Obamacare doesn't cover all citizens. Now the biggest loophole is the many millions of people who are not poor enough for existing Medicaid but not rich enough to afford to buy their own coverage, even with generous subsidies. Sorry, but you are totally wrong if you think Obamacare is universal health care.

Like I said. NOT universal. Please don't promote the distortion that it is universal any longer. If there is to be an honest debate on an important topic like this, people need to keep it within the realm of actual REALITY:

http://www.washingto...very-seriously/

The Congressional Budget Office is out with its analysis of how the Supreme Court decision will impact the Affordable Care Act’s budget. The big ticket takeaway is this: The non-partisan scorekeeper estimates that 3 million people fewer people will gain coverage due to states opting out of the Medicaid expansion, resulting in $84 billion less in federal spending.

Two weeks ago, you were pleased with the Robert's decision. Now not so much so?

By definition, it is still universal health care. If the Congressional staff that wrote the bill were so incompetent as to leave loopholes in it, that is their fault.

Where was Obama's crack team of legislative writers during all the preliminaries. This thing was written in secret, the minority party had no input and the vote was taken on 24 December, Christmas Eve.

Transparency, indeed.

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