New ObamaCare fees coming in 2014

WASHINGTON — Here comes the ObamaCare tax bill.

The cost of President Obama’s massive health-care law will hit Americans in 2014 as new taxes pile up on their insurance premiums and on their income-tax bills.

Most insurers aren’t advertising the ObamaCare taxes that are added on to premiums, opting instead to discretely pass them on to customers while quietly lobbying lawmakers for a break.

But one insurance company, Blue Cross Blue Shield of Alabama, laid bare the taxes on its bills with a separate line item for “Affordable Care Act Fees and Taxes.”

The new taxes on one customer’s bill added up to $23.14 a month, or $277.68 annually, according to Kaiser Health News. It boosted the monthly premium from $322.26 to $345.40 for that individual.

The new taxes and fees include a 2 percent levy on every health plan, which is expected to net about $8 billion for the government in 2014 and increase to $14.3 billion in 2018.

There’s also a $2 fee per policy that goes into a new medical-research trust fund called the Patient Centered Outcomes Research Institute.

Insurers pay a 3.5 percent user fee to sell medical plans on the HealthCare.gov Web site.

ObamaCare supporters argue that federal subsidies for many low-income Americans will not only cover the taxes, but pay a big chunk of the premiums.

But ObamaCare taxes don’t stop with health-plan premiums.

Americans also will pay hidden taxes, such as the 2.3 percent medical-device tax that will inflate the cost of items such as pacemakers, stents and prosthetic limbs.

Those with high out-of-pocket medical expenses also will get smaller income-tax deductions.

Americans are currently allowed to deduct expenses that exceed 7.5 percent of their annual income. The threshold jumps to 10 percent under ObamaCare, costing taxpayers about $15 billion over 10 years.

Then there’s the new Medicare tax.

Under ObamaCare, individual tax filers earning more than $200,000 and families earning more than $250,000 will pay an added 0.9 percent Medicare surtax on top of the existing 1.45 percent Medicare payroll tax. They’ll also pay an extra 3.8 percent Medicare tax on unearned income, such as investment dividends, rental income and capital gains.

Meanwhile, the Obama administration touted a surge of more than 2 million visitors Monday at HealthCare.gov, plus about 250,000 calls to ObamaCare call centers.

“Volumes remain high but not equal to [Monday] and we have not had to deploy our queuing system on the site,” said Julie Bataille, a spokeswoman for the Centers for Medicare and Medicaid Services, referring to a virtual waiting room that is activated when the site is overloaded.

“We are taking thousands of calls at our call centers, which remain open until midnight, and we are seeing thousands of visitors complete enrollment online,” she said.

It wasn’t smooth sailing for everyone on the troubled site.

Software techie Jeff Karaaro tweeted in frustration: “Got three different codes trying to submit plan choices. No [one] can tell me what they mean. I nor call center can complete my application due to error.”

http://nypost.com/2013/12/25/new-obamacare-fees-coming-in-2014/

Views: 71

Replies to This Discussion

seeing how I'm not participating in this corrupt money-grab scam disguised as some form of Healthcare, I'll support this other piece of illegal unconstitutional legislation w/ the same amount of vigor and intestinal fortitude!!

QUIT FEEDING THE PIG!!!

RSS

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

tjdavis posted videos
1 hour ago
tjdavis posted photos
5 hours ago
Doc Vega posted blog posts
10 hours ago
Larry Harmen posted blog posts
11 hours ago
Larry Harmen posted videos
11 hours ago
cheeki kea commented on Less Prone's photo
Thumbnail

Rebuilding Khazaria

"Perhaps Russia and Ukraine should Rebuild the Tartarian Empire. Then game over. "
17 hours ago
cheeki kea commented on FREEDOMROX's blog post NEVER FORGET! WHO and UN charged with GENOCIDE in 2009
"This is Why the outlier countries Must Stand Up And Fight Them Off on all fronts at all times. For…"
17 hours ago
cheeki kea posted a blog post

Dr. Aseem Malhotra's Explosive Court Testimony on COVID "Vaccines"(UPDATED)

 Doctor Malhotra drops arsenal of truth bombs on Helsinki. A spectacular display. Here are few snip…See More
18 hours ago
Less Prone favorited Doc Vega's blog post They Want to Murder Trump!
yesterday
Less Prone posted a photo
yesterday
rlionhearted_3 posted a photo
yesterday
Doc Vega posted blog posts
yesterday
Doc Vega commented on tjdavis's photo
Thumbnail

reminders

"Wow how ironic! "
Sunday
Less Prone commented on KLC's group MUSICWARS
"Walk like a Joe Biden"
Sunday
Less Prone favorited Sandy's photo
Sunday
Less Prone favorited cheeki kea's photo
Sunday
Less Prone replied to MAC's discussion GAIN OF FUNCTION CRIMINALS ARE SQUIRMING
Sunday
Sandy posted photos
Sunday
cheeki kea commented on tjdavis's photo
Thumbnail

Child play

"Here's an online blast from the past (20/04/2016) -~of cause the video of the dog in question…"
Sunday
Tori Kovach commented on James Roberts's photo
Thumbnail

Workers Join Us

"And don't forget your blue collars!"
Sunday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted