Thursday, October 3, 2013

Obama Care Another Way to Screw the Middle Class

Starting January 1, 2014, the Affordable Care Act will guarantee coverage for all Americans and offer tax credits to reduce premiums for millions of consumers nationwide. Are you one of them?

If your household income is below or around these amounts, you may be eligible.

Ok so I go to this formula but in married joint taxes employer offers insurance. (Mind you the formula does not take into account how much the employer pays, the quality of the coverage, out of pocket expenses, deductibles....  and this is the result

Based on the information you entered and estimated premiums in your state, you are likely ineligible for a government subsidy for the following reason(s):

> Your household income is too high for you to receive lower health insurance premiums through the Public Exchange. (uh you didn't ask me my household income)

> You are offered coverage by your employer that meets the minimum value standards, and your share of the cost is not more than 9.5% of your household income.  Not if you take in account out of pocket expenses, deductibles.... 

If you select no when it asks about your employer offering healthcare then  it asks you a question regarding income and then it comes up with :

Public Exchange

Based on the information you entered, you will likely be eligible for a tax credit to lower your health insurance premiums.

As a result, one of our Benefits Counselors can assist you in applying for the subsidy and for coverage on the Public Exchange (i.e Federally Facilitated Health Insurance Marketplace).
*Disclaimer: The premium and subsidy amounts displayed are estimates only and are not specific to your area of the state, which may impact premiums. The actual amounts of subsidy eligibility may differ and is dependent on completing the Federal application. This Member Benefits Eligibility Estimator is not intended to be relied upon for legal or tax advice.


  1. Welcome to reality, Obama freaks!! A comment posted on the Affordable Care Act/Obamacare FB page:

    "I actually made it through this morning at 8:00 A.M. I have a preexisting condition (Type 1 Diabetes) and my income base was 45K-55K annually I chose tier 2 "Silver Plan" and my monthly premiums came out to $597.00 with $13,988 yearly deductible!!! There is NO POSSIBLE way that I can afford this so ...I "opt-out" and chose to continue along with no insurance. I received an email tonight at 5:00 P.M. informing me that my fine would be $4,037 and could be attached to my yearly income tax return. Then you make it to the "REPERCUSSIONS PORTION" for "non-payment" of yearly fine.

    First, your drivers license will be suspended until paid, and if you go 24 consecutive months with "Non-Payment" and you happen to be a home owner, you will have a federal tax lien placed on your home. You can agree to give your bank information so that they can easy "Automatically withdraw" your "penalties" weekly, bi-weekly or monthly! This by no means is "Free" or even "Affordable."

    This was posted by a friend of mine to my facebook page yesterday.


Residential Capital LLC, the mortgage lender controlled by government-owned finance company Ally Financial Inc., wants to pay a $2 million bonus to its chief restructuring officer for shepherding the company through bankruptcy.  These are the people who took over GMAC Mortgage.  Oh yeah they are in Ch 11 bankruptcy in case you missed it.