Monday, July 2, 2012

Obamacare taxes our Employer group policy out of existence. Obamacare taxes our private health insurance, and employers will simply end this benefit!

Obamacare calls it "Cadillac" health insurance, but you and I call it our employer group policy that our employer extends to us as a benefit! YOU KNOW THIS IS BAD WHEN THE DEMOCRATIC SENATOR JAY ROCKEFELLER says it B A D!!!

Starting in 2013, there will be an Obamacare tax on medical devices such as intra-uterine devices, artificial hips, heart pacemakers, breast implants, coronary stents, ear tubes, traumatic fracture repair devices and artificial eye lenses for people with severe cataract problems.
Meanwhile, Obamacare will reduce deductible medical expenses in 2013, requiring people to pay more medical expenses out-of-pocket.

Move up http://i.forbesimg.com tMove downObamacare provides that the Hospital Insurance payroll tax goes up for millions of taxpayers. According to the 2012 Medicare annual report, an estimated 80 percent of taxpayers – which means middle income people — would end up paying higher taxes.

In addition, Obamacare will restrict the use of health savings accounts, forcing people to pay even more medical expenses out-of-pocket.
Moreover, there will be an Obamacare tax on “Cadillac” health care plans. Although this was aimed at “the rich” whom Obama loves to demonize, West Virginia’s Democratic Senator Jay Rockefeller pointed out that it would have hurt plenty of middle class people, too: “virtually every single coal miner is going to have a big, big tax put on them because the tax will be put on the company, and the company will immediately pass it down, lower benefits, and probably this will mean higher premiums for coal miners.” Obama ended up exempting his union buddies — favoritism.

It has been estimated that as many as 16,000 new IRS agents will have to be hired to collect all these Obamacare taxes.

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