Do you have a plan to help you navigate through Obamacare? As you know, the October 1st deadline is right upon us. I haven’t made my final decision about what I’m going to do about Obamamcare yet. Have you? Well, like Proverbs 18:13 and Deuteronomy 13:14 encourages us to do, I’m thoroughly looking into the matter before determining my final healthcare choice. Perhaps you are too.
This blog is simply to share with you what I believe is one of the best choices for health coverage, while enabling you to avoid the wrath of Obamacare called, “a new tax” by the US Supreme Court. Of course this “tax” is actually a penalty for not buying health coverage. More about that in a minute.
I subscribe to an online service that provides me with excellent, proven results. You can subscribe at a no cost with limited access, which is well worth it! Or, you can subscribe for a small fee for complete access.
Here’s the main website address, www.garynorth.com
ObamaCare's Bad Surprises Begin on October 1. Gary North - September 27, 2013
For people without health insurance, they must shop for a plan no later than September 30. On October 1, this government site shuts down (unlike the government itself).
If you need help -- and you will -- go here. But you are running out of time.
You must have a plan by January 1, or else pay a tax to the government: 1% of your 2013 income, or $95, whichever is more. This tax will rise every year.
There is a calculator to show what coverage will cost you. It shows if you are eligible for tax credits.
People with low incomes will not qualify for tax credits. But they will have to pay the extra premiums. This is called "helping the poor."
Congressional staffers finally read the bill the Congress passed. They panicked. They began making plans to quit. Their bosses then decided to pay the added premiums for their employees. This is called "helping the upper middle class."
Here is what is going to happen in 2014.
Millions of Americans who do not have employer-provided or other group health insurance arrangements and who don't purchase private non-Obamacare individual or family coverage before the end of 2013 -- something most people don't realize remains an alternative for just a few more months -- will be legally required to enroll in the Affordable Care Act's health insurance exchanges or to face the penalties now characterized as "taxes." The number of Americans forced to resort to the exchanges has (per my opinion) been artificially and deliberately juiced by the Obama administration's illegal decision to delay the imposition of the "employer mandate" until 2015. Many individuals and families who would have qualified for employer-provided coverage if the employer mandate had been enforced in January 2014 will now have to go to the exchanges or face the penalties.
Those who enroll in Obamacare's exchanges will be subjected to a brand new system of income-based federal taxation (again, their word) over and above Uncle Sam's existing income and FICA (Social Security and Medicare) tax regimes. This will include marginal rates for most enrollees ranging from 9.5 percent to 18 percent, along with myriad "cliffs" where premiums -- er, taxes -- skyrocket when a person or couple earns just one dollar of additional income.
The tax credit system gets pulled as you make more money.
Then look at what happens once a single person who is 50 or older hits annual earnings of $45,961. At that point, what remains of those wonderful "tax credits" goes up in smoke. (Speaking of smoke, you won't believe how steep Obamacare's tobacco surcharges are. But I digress.) For a 50 year-old single person, dollar number 45,961 causes their annual exchange premium (i.e., "tax") to increase from $4,366 to $5,390. That's because what Kaiser calls Obamacare's "government tax credit subsidy" (they're also having a hard time with the language) goes from $1,024 to zero.
As Nancy Pelosi said in 2010, Congress had to pass the bill before they could read it.
Now you can read it . . . and weep.
I'm on Medicare. You pay my premiums ($12,000 a year). My wife has Christian Health Care Ministries. She pays $1,000 a year.
What about you? What about your children? They lose your coverage at age 26. Young people lose the subsidies at lower income than had been originally promoted.
Source: Read this information on the original website here, http://www.garynorth.com/public/main.cfm
So, what am I gong to do? I'm not sure yet, but as promised, here are two successful companies that qualify to "Legally, Economically & Biblically" provide you with good health coverage:
1) Christian Healthcare Ministries:http://www.chministries.org/
2) Medi Share, http://mychristiancare.org/medi-share/
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