Shopsmith Forums

JPG40504 wrote:I think O C pushed it over the edge if not.

I can understand the desirability of getting out of providing group insurance.

Made yer 'appointment' yet?:D

'Our' company only made a commitment to me(and everyone else at the time) at retirement to continue 'funding' the health benefit at the 'current level'.

The new 'scheme' makes that far easier for 'it'.

On the positive side, there be different folks with different 'needs' and the new scheme makes getting what an individual actually needs easier(I hope so anyway).

P.S. I just wish I had the $ spent all those years when no claims were made by me. But then recent balloon claims would be a leveler!

yeah I think I worked 30 years without using my medical insurance, with the exception of one kid which cost about $500 hospital/doctor/prenatal and post. Of course when I was born it only cost $65 plus $10 for circumcision. Always prayed for girls to save the 10 bucks

Yeah I got my date can hardly wait. Incidently the plans are listed on the site.

All you guys make sure you don't chose a medicare gap/advantage plan before Oct 15 it will be considered early enrollment and can't be changed. If you wait until after Oct 15 you can change the plan if you learn of something better.

Ed in Tampa wrote:All you guys make sure you don't chose a medicare gap/advantage plan before Oct 15 it will be considered early enrollment and can't be changed. If you wait until after Oct 15 you can change the plan if you learn of something better.

OH that brings up an interesting side note. If anyone needs a "scooter", GET ONE NOW. After Oct 15 medicare/insurance will no longer BUY you a scooter and will instead pay for you to RENT one. Even if you don't need one now, but will in the future, get it now.

I do feel this is a good change though...so much fraud in the scooter market.

Out of the 55 years I have been paying for car insurance I had to use it only 4 or 5 times and the total outlay for those times probably amounts to less than $6,000. I'm sure I have paid at least $200,000 in premiums for car, house, health, flood insurance over those 55 years. How much have a gotten back in total. Probably less than $10,000. Do I dwell on it. No. That was a cost I was willing to incur in order to protect me from going bankrupt in the event something bad happened to me. I feel the same way about health insurance. Would I buy it if it was available and didn't cost too much and my employer didn't provide it to me. You betcha. 30 Million Americans will most likely be thankful that they have an opportunity to buy insurance for themselves and their families. In my opinion, it's the moral and right thing to do for the government to make it possible. I know most of you will disagree, but that's what makes this a great Country to live in. Now back out to the shop to turn another bowl;)

[quote="fredsheldon"]Out of the 55 years I have been paying for car insurance I had to use it only 4 or 5 times and the total outlay for those times probably amounts to less than $6,000. I'm sure I have paid at least $200,000 in premiums for car, house, health, flood insurance over those 55 years. How much have a gotten back in total. Probably less than $10,000. Do I dwell on it. No. That was a cost I was willing to incur in order to protect me from going bankrupt in the event something bad happened to me. I feel the same way about health insurance. Would I buy it if it was available and didn't cost too much and my employer didn't provide it to me. You betcha. 30 Million Americans will most likely be thankful that they have an opportunity to buy insurance for themselves and their families. In my opinion, it's the moral and right thing to do for the government to make it possible. I know most of you will disagree, but that's what makes this a great Country to live in. Now back out to the shop to turn another bowl]


If they are buying it for themselves I don't even begin to have a problem with it. However if I'm paying for it for them then I do have a problem.

Oh and by the way it isn't an "opportunity" it is "mandatory" with fines if you don't buy it. Doesn't that warm the freedom cockles of your heart????

Talked to the kids at Subway tonight. They are sick. They make about a $1000 a month and to have to pay for Health insurance out of it will be impossible. I said I think the lowest penalty is $95 a month and one kid said he would quite before he paid that.

For 2014, the penalty is $95/year for each adult, not $95/month. And I think it's likely that someone making $12,000/year will qualify for a subsidized rate.

The Kaiser Family Foundation has a pretty simple-to-use calculator to calculate subsidies:

http://kff.org/interactive/subsidy-calculator/

Gary

Ed in Tampa wrote:If they are buying it for themselves I don't even begin to have a problem with it. However if I'm paying for it for them then I do have a problem.

Oh and by the way it isn't an "opportunity" it is "mandatory" with fines if you don't buy it. Doesn't that warm the freedom cockles of your heart????

Talked to the kids at Subway tonight. They are sick. They make about a $1000 a month and to have to pay for Health insurance out of it will be impossible. I said I think the lowest penalty is $95 a month and one kid said he would quite before he paid that.

I believe you already are paying for the uninsured's healthcare; we all are. What do you think happens when someone uninsured goes to a hospital and gets treatment they can't pay for? The hospital raises rates for everyone and, even if you don't go to the hospital, your insurance premiums go up.

I have no problem with a system that gives people the opportunity to buy health insurance.

I have big problems with a system that forces people, under penalty of law, to buy health insurance whether they want to or not.

We used to have the former. We now have the latter.

Ed in Tampa wrote:If they are buying it for themselves I don't even begin to have a problem with it. However if I'm paying for it for them then I do have a problem.

Ed, I hope you don't think I'm picking on you today. But, i do want to thank you for paying for 75% of my health insurance. As a federal bureaucrat, I pay 25% of my premium. Personally, I feel bad that there are people out there who can't afford their own insurance but are subsidizing mine. I feel good about the change. And, if you're one the few who is paying 100% of his health insurance premium, then my hat's off to you!

Due diligence is in order here. Make sure you understand the penalty clause. It is not and for ever a simple $95. It later turns into a percentage of income.

Clean your reading glasses, make some hot tea to settle your stomach and read. Read everything you can get your hands on.

I have absolutely no problem with for profit organizations operating in any arena, including health care.
I do have a big problem when people are forced to purchase a product they may not need or want, regardless of the "social good".