Taxing Authority LSU Fan Houston Member since Feb 2010 16738 posts
re: Odramacare kicking in! (Posted on 3/20/13 at 9:47 am to Jbird)
quote: Non-profit insurers like Blue Shield of California don’t pay income taxes, so they won’t face this double whammy when paying the premium tax.
What’s more, the law exempts non-profits that do 80 percent or more of their business with the government from the premium tax altogether. That gives non-profits an even bigger leg up against their for-profit competitors.
Go ahead... Tell us the goal isn't elimination of for-profit healthcare.
DeltaDoc LSU Fan The Delta Member since Jan 2008 6214 posts
re: Odramacare kicking in! (Posted on 3/20/13 at 9:50 am to Taxing Authority)
Look, Obama, Reid and Pelosi know what they are doing. They know more about health care and health care costs than you do. They know more about quality and standard of care than you do. Just trust them...they have told us it will be deficit neutral and reduce your premium rates. Just trust them. They are the best and brightest.