Our new effort is the All swingers clubs directory - pls, support it by at least visiting, maybe - commenting and adding your favorite swingers clubs.
The decades of debate over the issue of health care did not end when the new Health Care Reform Bill was passed into law. Even with its passage in the House of Representatives, different people have their own views on this new Health Care Reform Bill. In fact, 34 Democrats who supposedly voted for a ‘yes’, instead voted for a ‘no’ in the final vote results.
Every bill or law has its own pros and cons. It may be beneficial for others but it may also be detrimental for some. With different views about its good and bad effects, people must aim for the “lesser evil” for the betterment of the majority of Americans. With the passage of this new Health Care Reform Bill, do you think that the pros outnumber the cons?
Obama explained in its signing ceremony at the White House that “this legislation will not fix everything that ails our health care system, but it moves us decisively in the right direction. This is what change looks like.” Having known Obama for its political campaign “Yes we can”, will the passage of this new Health Care Reform Bill be the neccessary change that Americans need?
Will this $940 billion new Health Care Reform Bill be beneficial to the majority of Americans? Let’s try to get straight to some of the facts as we try to explain the pros and cons of this new Health Care Reform Bill:
New Health Care Bill Facts – The PROS:
1. Probably the most beneficial fact that this new Health Care Reform Bill brings is that pre-existing conditions are now banned and abolished among health insurance contracts.
2. In addition, with the passage of this new Health Care Reform Bill, the sum insured or limited caps among health insurance contracts will be abolished and banned.
3. Extension of parents’ health insurance to their children who are young adults will rise up to the age of 27. This means more and more young adults will get beneficial health insurance coverage from their parents’ coverage until they reached the age of 27.
4. Small businesses with fewer than 50 employees will get subsidies in the form of tax credits to help cover the health insurance premiums of their employees.
5. The passage of this new Health Care Reform Bill is beneficial to drug and biotech companies since they will suddenly have additional tens of millions more insured customers who can afford their expensive medicines.
New Health Care Bill Facts – The CONS:
1. If you are young and healthy individual and want to pay for health insurance that reflects that status, you’ll now have to shoulder and pay for health insurance premiums that cover not only you but also for people who are unhealthy – the guy who smokes three packs a day, the guy who drinks a gallon of whiskey etc.
That’s because health insurance companies will no longer be able to underwrite on the basis of a person’s health status.
2. If you are geared towards aestethics and would want to go for cosmetic surgery, you will to pay an additional 5% tax on the cost of the procedure with the passage of this new Health Care Reform Bill.
3. As the new Health Care Reform Bill promises to benefit millions of poor American individuals, the rich and wealthy Americans get affected. Under this new Health Care Reform Bill, there’s a 0.9% increase in Medicare payroll taxes for Americans who earn more than $200,000 annually individually and $250,000 for couples.
That amount will rise to a 3.8% tax if reconciliation passes. It will also apply to investment income, estates, and trusts.
4. To minimize costs, young and healthy American individuals before can decide not to avail health insurance and instead use their funds to start small business. However, with the passage of this new Health Care Reform Bill, if they decided not to avail it, they have to pay $750 annually.
5. Under this new Health Care Reform Bill, Americans must buy a health insurance policy that covers “ambulatory patient services, emergency services, hospitalization, maternity and newborn care, mental health and substance use disorder services, including behavioral health treatment; prescription drugs; rehabilitative and habilitative services and devices; laboratory services; preventive and wellness services; chronic disease management; and pediatric services, including oral and vision care.”
They no longer have the luxury to choose which particular coverage the policy covers for a less premium. What if you’re a single guy without children? Still, your health insurance policy must have pediatric services coverage. What if you’re a woman who can’t have a baby? Still, your health insurance policy must have maternity services.
Here are some more facts about this new Health Care Bill on government extractions:
1. The US government will extract a fee of $2.3 billion annually from the pharmaceutical industry. If you are a pharmaceutical company what you will pay depends on the ratio of the number of brand-name drugs you sell to the total number of brand-name drugs sold in the U.S. So, if you sell 10% of the brand-name drugs in the U.S., what you pay will be 10% multiplied by $2.3 billion, or $230,000,000. (Under reconciliation, it starts at $2.55 billion, jumps to $3 billion in 2012, then to $3.5 billion in 2017 and $4.2 billion in 2018, before settling at $2.8 billion in 2019.
2. The US government will extract a fee of $2 billion annually from medical device makers. If you are a medical device maker what you will pay depends on your share of medical device sales in the U.S. So, if you sell 10% of the medical devices in the U.S., what you pay will be 10% multiplied by $2 billion, or $200,000,000.
3. The US government will extract a fee of $6.7 billion annually from insurance companies. If you are an insurer, what you will pay depends on your share of net premiums plus 200% of your administrative costs. So, if your net premiums and administrative costs are equal to 10% of the total, you will pay 10% of $6.7 billion, or $670,000,000. In the reconciliation bill, the fee will start at $8 billion in 2014, $11.3 billion in 2015, $1.9 billion in 2017, and $14.3 billion in 2018.
What do you think of this new Health Care Bill? Is it really beneficial to the “majority” of the Americans? Will it be beneficial in the long run?
Share your opinions by commenting into our growing list of comments here.