Obama-Care Tax Set To Hit

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Flesh Thorn
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Obama-Care Tax Set To Hit

Post by Flesh Thorn »

While the most sweeping provisions of the health care overhaul have not yet gone into effect, plenty of Americans will still be paying higher insurance premiums this year -- as insurance companies try to preemptively cover the cost of a tax increase included in President Obama's Affordable Care Act.
That tax doesn't take effect until next year, when other major provisions like the so-called "individual mandate" and insurance subsidies also kick in. But that hasn't stopped insurance companies from charging higher premiums this year to cover the hike, as well as the cost of ObamaCare benefits such as free birth control and preventive care.
Premiums for individuals and small businesses are projected to increase due to the tax by roughly 2 percent this year and by as much as 3.7 percent in 2023, according to a widely cited analysis by the insurance industry.


Read more: http://www.foxnews.com/politics/2013/01 ... z2Ibmi4IBH
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CharlieRanger1FFV
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Re: Obama-Care Tax Set To Hit

Post by CharlieRanger1FFV »

Higher is right, the last four years my health insurance has gone up between 12 % and 15% EACH year. . . This is Bull Sh!t.


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Flesh Thorn
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Re: Obama-Care Tax Set To Hit

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CharlieRanger1FFV wrote:This is Bull Sh!t.
This is ObamaCare!
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Re: Obama-Care Tax Set To Hit

Post by Jim »

Well he promised us change.
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