General Discussion

ProSense

(116,464 posts)

29. Yes, that's how it

Sun Sep 30, 2012, 06:19 PM

Sep 2012

"Insurance is meant to spread out costs among a larger pool."

...works. The financing for the health law includes a tax on the wealthy.

Few pay more taxes under health care law

By Kelly Kennedy and Richard Wolf, USA TODAY

WASHINGTON – President Obama's health care law is constitutional as a tax — but only a small percentage of Americans will pay more, a USA TODAY analysis of federal data shows.

Though the law is projected to raise more than $800 billion in taxes, fees and penalties over a decade, 40% comes from about 3.5 million households with adjusted gross incomes above $200,000. Employers, insurers and health care providers are slated to fork over much of the rest.

That leaves only a few taxes that will fall partially on middle-income taxpayers:

- more -

http://usatoday30.usatoday.com/news/washington/story/2012-07-16/health-care-tax/56256676/1

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

42 replies

= new reply since forum marked as read

Highlight:

The health care law was the biggest positive for low income Americans since Medicaid was implemented [View all] ProSense Sep 2012 OP

But is it good for the middle class? dkf Sep 2012 #1

Here: ProSense Sep 2012 #2

The law says you can't be turned down for pre-existing conditions. Zalatix Sep 2012 #3

The law bans ProSense Sep 2012 #6

Yes, it bans rescission. So how does that stop people from buying insurance after they get sick Zalatix Sep 2012 #7

What the hell are you going on about? ProSense Sep 2012 #8

LOL!!! Still confused, I see. Zalatix Sep 2012 #11

Wrong ProSense Sep 2012 #12

"40 million minus 30 million"? WOAH, where did you get that? It's 40 million minus 1.1 million. Zalatix Sep 2012 #15

"Woah"? ProSense Sep 2012 #16

Sorry, you've jumped the shark. Zalatix Sep 2012 #18

That's your response to facts? ProSense Sep 2012 #19

I concede that your imagination is stronger than reality itself. Zalatix Oct 2012 #36

So what stops people from only buying insurance once they get sick? NashvilleLefty Sep 2012 #24

It does? How so? Zalatix Sep 2012 #30

Sorry, but this post shows a tota lack of understanding of NashvilleLefty Sep 2012 #25

This post shows you don't know the ACA. Zalatix Sep 2012 #31

Also, ProSense Sep 2012 #5

Nothing is free, it just gets charged elsewhere. dkf Sep 2012 #20

Did you know that's ProSense Sep 2012 #21

Insurance is meant to spread out costs among a larger pool. dkf Sep 2012 #27

Yes, that's how it ProSense Sep 2012 #29

The government isn't giving that money to the insurance companies to cover the mandated "free" dkf Oct 2012 #38

Exactly! Nothing is free. However, if you pool your resources NashvilleLefty Sep 2012 #26

Now, give us a Congress that can finish the job. n/t porphyrian Sep 2012 #4

Exactly. n/t ProSense Sep 2012 #13

I don't think people understand what it takes to get legislation passed. porphyrian Sep 2012 #17

but medicaid is only being expanded in states where the governor and lege dsc Sep 2012 #9

Bluster: ProSense Sep 2012 #10

Obama made the right call on this flamingdem Sep 2012 #14

How do you calculate for the drop in future employer coverage? dkf Sep 2012 #22

Well, ProSense Sep 2012 #23

Personally I don't qualify for any subsidies in the exchange. dkf Oct 2012 #37

Here's a link to make you happy. 2ndAmForComputers Sep 2012 #32

I'm pretty excited about the free preventative services offered by the ACA. BenzoDia Sep 2012 #28

Wow, Mitt sucks! ProSense Oct 2012 #33

Unfortunately it means MANDATORY, FOR PROFIT INSURANCE for the rest of us... nt Romulox Oct 2012 #34

Vote for Mitt, he'll repeal it. n/t ProSense Oct 2012 #35

It was Mitt's idea in the first place. Duh! nt Romulox Oct 2012 #39

And you ProSense Oct 2012 #40

The Affordable Care Act provides loans to create non-profit health care cooperatives. BenzoDia Oct 2012 #41

It also includes this: ProSense Oct 2012 #42