Tuesday, March 25, 2014

Why Thank You So Bloody Much Obamacare

Just received my Health Insurance Co's bill for this month.

The bill jumped 23%.

Why? Well, the premium didn't change but all sorts of new Obamacare ACA and related taxes and fees listed below did, including retroactive taxes:

Other ACA fees $43.36

Retroactivity Other ACA fees $65.04

Federal and State Taxes and Fees PHIC $16.03

Retroactivity Federal and State Taxes and Fees PHIC $.88

Retroactive Adjustments $38.50

Sadly I certainly did not receive any retroactive benefits.

Some of the fees hidden under the line ACA fees include paying for other taxes for Obamacare including:

An Annual Fee on Health Insurance Carriers; the Transitional Reinsurance Program; the Risk Adjustment Admin Fee; the Patient-Centered Outcomes Research Institute (PCORI) Fee; and the Marketplace User Fee which is used to fund the operations of the Health Insurance Marketplaces.

In other words, my plan is becoming a 23% less affordable in order to subsidize affordable care for others and for supporting a broken marketplace I don't use.

Thanks oh so very much.

Here's to hoping the Obama true believers got hit with these fees as well and that shakes them out of their love fest with Obamacare.

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