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Thread: Politics Thread

  1. #451
    All-Conference
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    Looks like Ford is canceling their Mexico plant and investing in Michigan. Not a deal brokered by Trump, but certainly a result of his campaign.

    Hopefully it becomes a trend, and US companies are incented to continue it.

  2. #452
    Obabmacare is a popular topic today. Just remember, a massive portion of the subsidized ACA plans are paid for by middle-America employee who participate in their employers private insurance.

    Taxes & gotcha fees, instituted by the IRS on employers, are shared with employees, who see in the increase in their premiums, and reduction of benefits. Medical Device companies, Rx & hospitals also have been taxed and this is realized also, by middle America, in increased healthcare costs.

    Just remember...
    Don't get saucy with me, Bearnaise!

  3. #453
    Supporting Member boozehound's Avatar
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    Quote Originally Posted by Pete Delkus View Post
    Obabmacare is a popular topic today. Just remember, a massive portion of the subsidized ACA plans are paid for by middle-America employee who participate in their employers private insurance.

    Taxes & gotcha fees, instituted by the IRS on employers, are shared with employees, who see in the increase in their premiums, and reduction of benefits. Medical Device companies, Rx & hospitals also have been taxed and this is realized also, by middle America, in increased healthcare costs.

    Just remember...
    I'm interested to see how this plays out. Last year my premiums literally doubled. I work for a large company that provides very good benefits. The reason they gave (which I don't know I entirely believed) was that the reason for the increase in premiums was not due to a reduction in the amount of the total premium that my employer was paying, but rather as result of costs and penalties associated with the ACA. The amount of the increase wasn't financially significant to me (a little under $300 per month if I recall) but it would be for many people. If it gets repealed, I wonder if I will see a significant decrease in my premium.

    I'm interested to see if they can move forward from the ACA in a manner that is both practical, and politically tenable. From what I understand many of the 'good' parts of the ACA that people like, and that Trump says they will keep, are funded by all the penalties, taxes, and nuisance fees. Seems like it's anybody's guess as to when they will repeal and what they will actually replace it with.
    Eat Donuts!

  4. #454

  5. #455
    Junior Lloyd Braun's Avatar
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    Most employer-provided premiums are increasing at a steady rate (5%). Benefits have decreased some to offset this (higher deductible for example). It's the marketplace premiums that are increasing by somewhere in the 20% range. It is typically (though not always) higher in states that have declined Medicaid expansion. Ohio's marketplace rates for example are only projected to rise 2%. So who pays for it? Everyone through income tax? Or middle class through premium hikes?

    The cost of healthcare has been rising for a very long time. What's wrong with a single payer system? Are we concerned that quality will decrease? Most people on Medicare are pretty satisfied. I know it's more complicated than that but there isn't an easy answer.

  6. #456
    Sophomore Frambo's Avatar
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    my monthly premium went from $309 to 380 this year. Thats around a 23% increase from the Ohio State Teachers Retirement System. It was $127 a few years ago.

    Quote Originally Posted by Lloyd Braun View Post
    Most employer-provided premiums are increasing at a steady rate (5%). Benefits have decreased some to offset this (higher deductible for example). It's the marketplace premiums that are increasing by somewhere in the 20% range. It is typically (though not always) higher in states that have declined Medicaid expansion. Ohio's marketplace rates for example are only projected to rise 2%. So who pays for it? Everyone through income tax? Or middle class through premium hikes?

    The cost of healthcare has been rising for a very long time. What's wrong with a single payer system? Are we concerned that quality will decrease? Most people on Medicare are pretty satisfied. I know it's more complicated than that but there isn't an easy answer.

  7. #457
    All-Conference Juice's Avatar
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    David Pepper tweeting lies because it doesn't fit the Democrat narrative of them being the party of women https://twitter.com/davidpepper/stat...09000386973696

    Too bad Republicans already had a female commissioner in the late 80s/early 90s. Very progressive for a party that hates women.

  8. #458
    Junior Porkopolis's Avatar
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    Quote Originally Posted by boozehound View Post
    If it gets repealed, I wonder if I will see a significant decrease in my premium.
    I seriously doubt it. Insurance companies have zero incentive to lower premiums unless customers drop their plans in droves, which they won't.

  9. #459
    Junior Lloyd Braun's Avatar
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    Quote Originally Posted by Frambo View Post
    my monthly premium went from $309 to 380 this year. Thats around a 23% increase from the Ohio State Teachers Retirement System. It was $127 a few years ago.
    Single or family? Also you do realize there are outliers?

  10. #460
    Sophomore Frambo's Avatar
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    single....way too expensive to include wife on this plan. I know there are other plans, but STRS pays a big portion of mine.

    Quote Originally Posted by Lloyd Braun View Post
    Single or family? Also you do realize there are outliers?

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