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This Bill is so offensive to Liberty and Freedom it will be undone, All the stupid Americans just let the politicians into their bedrooms and more...S

March 23 (Bloomberg) -- Indoor tanning salons will charge customers a 10 percent tax beginning today in just one of the changes Americans will see as a result of the U.S. health-care overhaul signed into law by President Barack Obama.

Insurers will be required by September to begin providing health coverage to kids with pre-existing illnesses and allow parents to keep children younger than 26 on their plans as the clock has begun ticking on many of the law’s provisions. Medicare recipients will receive a $250 rebate for prescription drugs when they reach a coverage gap called the donut hole if the Senate passes and the president signs companion legislation approved March 21 by the U.S. House.

The $940 billion overhaul subsidizes coverage for uninsured Americans, financed by Medicare cuts to hospitals and fees or taxes on insurers, drugmakers, medical-device companies and Americans earning more than $200,000 a year. Many of the changes in the bill of more than 2,400 pages, such as requiring most people to have health insurance and employers to provide coverage, will take at least two years to go into effect.

“Most of the major public policy changed embodied in the health care reform legislation will become effective only after the next presidential election in 2012,” said Maury Harris, an economist with UBS AG, said in a research report.

High-Risk Pools

Within 90 days, the law will provide immediate access to high-risk insurance plans for people who can’t get insurance because of a pre-existing medical problem, Harris said. These high-risk pools will be funded by $5 billion in federal grants.

Companies led by Minnetonka, Minnesota-based UnitedHealth Group Inc., the largest health insurer, will be banned within six months from dropping a person’s coverage because of severe illness and from limiting lifetime or annual benefits.

Participants in Medicare, the U.S. government’s health coverage for those 65 and older, are expected get a $250 rebate toward prescription drugs once their benefits run out -- a coverage gap know as the “doughnut hole.” The benefit is part of the package of amendments to the legislation now pending in the Senate. Drugmakers led by New York-based Pfizer Inc. will have to offer discounted drugs to Medicare recipients next year, according to an analysis of the legislation by the Kaiser Family Foundation, a nonprofit group based in Menlo Park, California

In 2013, individuals whose annual income is more than $200,000 and couples making more than $250,000 will see an increase in Medicare payroll taxes. Those taxes will also be expanded to cover dividend, interest and other unearned income.

Employer Coverage

In 2014, employers with more than 50 employees will be required to provide health coverage and most people will be required to have health insurance, Harris said in his report.

A tax on high-cost “Cadillac” policies won’t go into effect until 2018. The insurance industry also faces about $60 billion in additional fees under the health bill through 2018, and more beyond, though it was able to postpone the levy until 2014.

By 2019, the bill is expected to have expanded health insurance coverage to 32 million people, according to UBS’s Harris.

The U.S. Health and Human Services Department will have two years to set penalties on hospitals with high readmission rates and longer to test new payment systems for Franklin, Tennessee- based Community Health Systems Inc., the largest U.S. chain, and its rivals.

Financial Disclosure

Insurers also will have to reveal how much of members’ premiums they spend on medical care, as opposed to executive salaries or other administrative costs. Next year, they’ll owe a rebate to customers if the insurers spend less than 80 percent on benefits for people in individual or small-group plans.

Starting in 2014, states have their say. The legislation leaves it to them to set up and run the online marketplaces, known as exchanges, where customers will comparison-shop for coverage. Among other powers, the exchanges will be able to banish plans for premium increases deemed to be unjustified.

The legislation also creates an Independent Payment Advisory Board to suggest cuts in spending by Medicare, the government health program for the elderly and disabled, that could threaten payments for drug and device-makers. Starting in 2014, the panel’s recommendations would take effect unless federal lawmakers substitute their own reductions.


Added: Mar-23-2010 
By: singlelife
In:
News
Tags: obama, stealing, job killer, economy, recession, taxes, democrats
Views: 7019 | Comments: 36 | Votes: 0 | Favorites: 1 | Shared: 1 | Updates: 0 | Times used in channels: 1
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  • Strange how the ACLU filed lawsuit after lawsuit over the Bush administration just collecting overseas phone numbers because it was such a profound violation of privacy, but the demoncrat health care bill that gives access to your medical records to the fucking IRS... not a peep from the ACLmotherfuckingU. The leftcunts are highly organized and the democrat party and organizations like the ACLU and the trial lawyers association and unions and academics are all on the same wavelength looking tow More..

    Posted Mar-23-2010 By 

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  • Add 20% tax to persons unable to speak english

    Posted Mar-24-2010 By 

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  • DOUCHE BAG AMERICA UNITE, against the tanning tax.

    the united states government is cock blocking, cramping my style and generaly making it harder for the douche demographic to land hot ass.

    if this doesnt stop there's gonna be a war.

    Posted Mar-23-2010 By 

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  • The health bill is nothing more than a hugely expensive way, to help a relatively small amount of Americans, to a very modest increase in health care benefits. The 32 million Americans this bill is supposed to help, are only about 10% of the population. Meanwhile the other 100 million of us tax payers are taking up the slack. Don't be fooled, if you think only people making over $250,000 are going to be paying for this, you are delusional. We will pay for it in lost jobs, reduced salaries, an More..

    Posted Mar-23-2010 By 

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  • plenty of time , it will never kick in . relax grasshoppers .

    Posted Mar-24-2010 By 

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  • title has nothing to do with the post
    Pro Life republicans have been trying to worm their way into americans' bedrooms for years

    Posted Mar-24-2010 By 

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  • the bill was signed to law today
    so . sleep on it

    lol

    Posted Mar-23-2010 By 

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  • Hey now, anyone using a tanning salon should be shot on sight for douche baggery!!!

    You really had that at the top of grievances??? man that's finny

    Posted Mar-23-2010 By 

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  • I like how it opens with the tax on tanning salons. Because lord knows we can't have high taxes on fake tans, that's just lunacy.

    Posted Mar-23-2010 By 

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  • Pfizer Inc. will have to offer discounted drugs to Medicare recipients next year...
    The government is already guaranteed the lowest pricing on medical devices and drugs.

    30 million new patients is going to be a windfall for medical companies.

    Posted Mar-23-2010 By 

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  • 100% of tanning salons must be owned by people making over $250,000/year if the tax went into effect today. Learn something every day.

    Posted Mar-23-2010 By 

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  • If there is one person in this country whose health insurance premiums drop, I'd like to see it.

    Posted Mar-23-2010 By 

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  • You smug b@$tard I bet you've got loads of money and are lucky enough to be healthy.
    Just thank youreself lucky you're not like some of your fellow countrymen & women that aren't so lucky.
    Grow some compassion for the less well off through no fault of their own.
    The fu<king insurance companies have been make billions from you healthy fu<kers for years.

    Posted Mar-23-2010 By 

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  • The US government is actually doing something right, Bravo!

    Posted Mar-23-2010 By 

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  • Seems like those who are against nationalized healthcare for ALL AMERICANS are the same people that support invading a sovereign nation that had no connections to 9-11, FORCING democracy on those who did not want it, DESTROYING FAMILIES, killing hundreds of thousands of innocent men, women and children. Ironic.... don't you think?

    Posted Mar-24-2010 By 

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  • I honestly don't see what your title has to do with this post at all.
    Maybe you posted the wrong article????????

    Posted Mar-23-2010 By 

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  • Remember: we tax cigarettes. You want to do something bad to your health and rise up health costs?

    Then FUCK YOU! You're going to pay for it yourself.

    NYC was completely right to even THINK about taxing "sugar drinks". Fat people deserve to be fat because they want to be. It's not up to ME to pay for their healthcare.

    Start taxing your bad behavior so I don't need to pay for it.

    Keep in mind, that even if this healthcare bill NEVER passed, your terrible health habits INCR More..

    Posted Mar-23-2010 By 

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    • Tax the fat asses leave those that kill themselves with tobbacco and alcohol alone. We will be dead soon enough and shouldn't request treatment. If you want to live past 60 don't bother drinking and smoking FFS. Don't tax us on it.

      Posted Mar-23-2010 By 

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    • If you notice, poor people make up the majority of the obese. It is cheaper for a McFat burger then a bag of veggies. Doesn't take a smart man to realize there's something wrong with this picture.

      Posted Mar-23-2010 By 

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    • they should place a 20% tax on any restaurant with a drive through lane

      Posted Mar-23-2010 By 

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    • I'd rather make a ceiling for how much profit can be made on produce. I was in Florida in the 90s cam across a massive burn of oranges, they said it was to keep the price high. Fuck that, if we can produce it we should have those prices lower. Our grocery bills have escalated prematurely and deliberately for decades whole we produce more and more efficiently. Greed has made fat people.

      Check this shit out

      http://www.thebigmoney.com/blogs/daily-bread/2010/02/19/man-center-massive-tomato-fraud- More..

      Posted Mar-23-2010 By 

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    • Right up my point.

      It's a sad day when murdering a cow, chopping it up, slicing off some muscle and grilling it is cheaper than ripping some lettuce out of the ground, washing it off and sprinkling some oil on it.

      I'd love to see how McD's made it cheaper to serve a cheeseburger than a salad.

      Posted Mar-23-2010 By 

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  • This bill is helping millions of people. Enough said already! Why cant you people just have a little compassion!!!!!

    Posted Mar-23-2010 By 

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    • It's NOT about compassion. This country gave over 300 billion dollars to charitable organizations all over the world. That doesn't include government hand outs. MY MONEY AND YOURS. This IS about socialism. Period. I'm sorry you miss the real argument a lot of people have over this issue.

      Posted Mar-23-2010 By 

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    • compassion costs money

      Posted Mar-23-2010 By 

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    • your talk of compassion is one sided. why dont you tell people who take from others to have compassion?
      i have compassion to the sum of half my income earned and spent where is the compassion of people who are always taking it from me?

      Posted Mar-23-2010 By 

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