Obamacare and how it's affecting me... already. | TigerDroppings.com

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mytigger
USA Fan
Member since Jan 2008
12396 posts

Obamacare and how it's affecting me... already.



Had a conversation with one of my big bosses and asked him how Obamacare was going to affect our company next year. Now, keep in mind our company is fairly large for S. La., over 100 employees and do several hundred million a year in volume. We are also "self-insured", where the company itself is the insurance company and a lot of employees participate and pay-in, but not all.

Back to the story... big boss pretty much tells me "I'm not sure just yet, we're hoping Mitt wins and we get the Senate and they repeal it or gut it to hell. If not, we'll probably just pay the penalty for each employee and everyone will have to get their own insurance. Since we have over 100 employees we'd have to cover it for all of them and because of that we may not be able to provide that kind of service."

Now, I've got a family of 5 and we're single income. I pay about $50/wk and have a $5,000 deductible. I'm pretty sure it's going to cost me around $250/wk for a similar plan if I go direct to BlueCross or the like. That's not a quoted price, but just a number I gathered talking to those who are self insured.

So, first off - this sucks. We simply must have health insurance and this "obamacare" bull shite is actually hurting me and every other employee currently getting insurance from our company. I don't see how this is actually going help anyone.








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Captain Want
LSU Fan
Member since Nov 2009
1530 posts

re: Obamacare and how it's affecting me... already.


It's not about helping anyone. It's about control.





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LSUGrrrl
LSU Fan
Frisco, TX
Member since Jul 2007
6310 posts

re: Obamacare and how it's affecting me... already.


This is the way many companies are looking right now. If they do keep insurance, the premiums are going to skyrocket. You will see a significant rise at open enrollment at the end of this year but if will only be the beginning.





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SammyTiger
LSU Fan
Baton Rouge, LA
Member since Feb 2009
11675 posts

re: Obamacare and how it's affecting me... already.


I'm against it generally, buuuuuut i do like that i can stay on my parents insurance till i am 26. I'm still in school and i would be screwed if i had to buy my own.





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THRILLHO
New Orleans Pelicans Fan
New Orleans, LA
Member since Apr 2006
36039 posts

re: Obamacare and how it's affecting me... already.


Racist.





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mytigger
USA Fan
Member since Jan 2008
12396 posts

re: Obamacare and how it's affecting me... already.


quote:

i do like that i can stay on my parents insurance till i am 26


that's good and all, but how many parent have insurance right now when the country is near 15% employment and a lot of the small businesses will be refusing to offer health-care services.

So much wrong with this legislation. Sounds like a great idea (for some) but the practical application is not realistic.






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Cold Pizza
Ohio State Fan
Member since Sep 2011
7639 posts

re: Obamacare and how it's affecting me... already.


Your boss is one of those 1%'ers isn't he?





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Da Sheik
LSU Fan
Kingston, Jamaica
Member since Sep 2007
2713 posts

re: Obamacare and how it's affecting me... already.


If it's not gutted or repealed, Lord help us. It will fully be enacted after BHO leaves office(I wonder fricken why). It will probably be too late to do anything after this disaster leaves office.





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CC
LSU Fan
Member since Feb 2004
13677 posts

re: Obamacare and how it's affecting me... already.


Unless mom or dad's company decides you cost too much and decides to pay the penalty instead of insuring a 26 year old child.





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Homesick Tiger
LSU Fan
Greenbrier, AR
Member since Nov 2006
14953 posts

re: Obamacare and how it's affecting me... already.


quote:

we'll probably just pay the penalty for each employee and everyone will have to get their own insurance


Was watching Greta last night and she had a panel of four CEOs guesting. Obamacare came up and this one guy said that practically every CEO and board members in the country are presently discussing the situation. Said paying the penalty and dropping employee insurance was a very good possibility if the tax is not overturned or greatly amended.






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SammyTiger
LSU Fan
Baton Rouge, LA
Member since Feb 2009
11675 posts

re: Obamacare and how it's affecting me... already.


you mean 15% unemployment right?

And yeah, I'm just saying, some of it is good, and not to throw out the baby wiht the bath water. Even if the baby is very small.






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LSUGrrrl
LSU Fan
Frisco, TX
Member since Jul 2007
6310 posts

re: Obamacare and how it's affecting me... already.


That is an option that could have been added much less expensively.





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BRhuskyfan80
Washington Fan
Baton Rouge
Member since Dec 2011
2915 posts

re: Obamacare and how it's affecting me... already.


(no message)


This post was edited on 7/30 at 7:33 pm


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mytigger
USA Fan
Member since Jan 2008
12396 posts

re: Obamacare and how it's affecting me... already.


quote:

Sounds like one of those high deductible plans that also has a cap, many conditions/procedures aren't covered and they probably consider most things as "pre-existing" during an employee's first 6 months. you can get one of those from BCBS for your entire family for around $100/wk ($400/mo), if not less.


I don't currently have a cap and the only things not covered are lasik, plastic surgery, or "optional" type of procedures or anything like that, but covers all doctor visits, surgeries, etc.

what you just described would double my cost and severely limit my coverage. bad deal for me.






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
84437 posts

re: Obamacare and how it's affecting me... already.


I'm sure you're wrong. Obama promised everyone that no one would lose their current insurance under the new law.

He would NEVER lie to us, would he?






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mytigger
USA Fan
Member since Jan 2008
12396 posts

re: Obamacare and how it's affecting me... already.


quote:

Your boss is one of those 1%'ers isn't he?


yeah.... , but the kind that was helping to take care of me and my family.






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mytigger
USA Fan
Member since Jan 2008
12396 posts

re: Obamacare and how it's affecting me... already.


quote:

He would NEVER lie to us, would he?



I'm not sure the man knows what honesty is.






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LSUGrrrl
LSU Fan
Frisco, TX
Member since Jul 2007
6310 posts

re: Obamacare and how it's affecting me... already.


quote:

I'm sure you're wrong. Obama promised everyone that no one would lose their current insurance under the new law. He would NEVER lie to us, would he?


Don't let congress off the hook on this one.






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Tim
LSU Fan
Texas
Member since Jan 2005
6233 posts

re: Obamacare and how it's affecting me... already.


I'm self insured with BCBSTX...you are correct, I pay approximately $1000 a month for a family of 5 with a pretty heavy deductible...It really sucks to fork out that much every month and I know my premiums will be going up. I own a small business, it sure would be nice if business owners could share in some kind of co-op. Doesn't exist as far as I am aware. This law sucks for the working man, it seems we are always getting screwed.







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ottothewise
LSU Fan
Member since Sep 2008
32094 posts

re: Obamacare and how it's affecting me... already.


quote:

I don't see how this is actually going help anyone.

its going to help your employer
because your employer will have less overhead, your health care insurance, the part he's been paying.

meanwhile, nothing has changed.
when something really happens, get back to us.

if you want it, ask your congress reps to support the public option.
basically, a form of medicare, with negotiated lower costs.
its up to you.

public option or... pay through the nose.

one thing is certain, companies that have that overhead are at a disadvantage compared to companies in countries with socialized medicine.






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