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

Doc Vega posted blog posts
6 hours ago
Doc Vega posted a photo

main-qimg-5806e1adb3109cf42e236b6063e7e3ec

The cowardly murderous Democrats out to destroy America.
7 hours ago
Sandy posted videos
10 hours ago
Burbia commented on Sandy's photo
Thumbnail

FB_IMG_1710523455761

"Is that the narrative now? Its more like Tik Tok influenced the younger generation to not be…"
22 hours ago
Burbia commented on Less Prone's photo
Thumbnail

Rebuilding Khazaria

"Who exactly are these beings? They violently push their way into the Middle East claiming it their…"
22 hours ago
Less Prone posted a photo

Famine or War What Would it Be

How far are these monsters allowed to go?
yesterday
Less Prone favorited cheeki kea's blog post The saddest post I've ever read. ( vaccine victim speaks out. )
yesterday
Less Prone commented on cheeki kea's blog post The saddest post I've ever read. ( vaccine victim speaks out. )
"It's so cruel and unfair. So many innocent people fell for it and even now the wictims are…"
yesterday
Doc Vega commented on truth's video
Thumbnail

MSM Admits US Funding Al-Qaeda & Taliban Terror Attacks

"In all likelihood if the MSM comes up with an explanation it's probably pure unadulterated…"
yesterday
Doc Vega commented on truth's video
Thumbnail

MSM Admits US Funding Al-Qaeda & Taliban Terror Attacks

"Mark Levin talks about all the front groups funded by Soros that have provided revenue for the…"
yesterday
Doc Vega favorited cheeki kea's blog post The saddest post I've ever read. ( vaccine victim speaks out. )
yesterday
Doc Vega commented on cheeki kea's blog post The saddest post I've ever read. ( vaccine victim speaks out. )
"Sad, but this is the fate of those who don't take heed and refuse to do their due diligence…"
yesterday
Doc Vega posted blog posts
yesterday
cheeki kea commented on Sandy's photo
Thumbnail

FB_IMG_1710523455761

"Hi Thia I'm back with news.... gvmnt will not protect you from Tick Tock, at this point it…"
yesterday
cheeki kea commented on cheeki kea's blog post Dr. Aseem Malhotra's Explosive Court Testimony on COVID "Vaccines"(UPDATED)
"More news dripping out from this story. ( found on Slay news…"
yesterday
cheeki kea commented on cheeki kea's blog post The saddest post I've ever read. ( vaccine victim speaks out. )
yesterday
cheeki kea posted a blog post

The saddest post I've ever read. ( vaccine victim speaks out. )

You know what, I think if God had a message for us here it would be the one that goes... Be as Wise…See More
yesterday
Burbia commented on Burbia's group The Comment Section is Closed
"So far, there are 14 comments here for the video about Iran's influence on Generation Z and…"
Wednesday
tjdavis posted videos
Wednesday
tjdavis posted photos
Wednesday

© 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