Both my employer and BC/BS sent me letters stating my insurance wouldn't be changing, and my rates would be unchanged. And that is what has happened. The ACA was never intended to apply to people who already had insurance that met the minimum requirements.
You keep saying this,, Do you "hope" its' true? We have talked about this before. The full ramifications are not set to hit until after the midterm elections.(probably 2015).
You are being fed some bad stuff. Why do you think information like this is available?
Case Study #6: The Exclusion for Employer Provided Health Insurance | Tax Foundation
Key Points:
Eliminating the exclusion for employer provided health insurance would:
- Increase tax revenues by $160 billion on a static basis;
- Reduce GDP by $107 billion;
- Generate slightly less revenues ($133 billion) on a dynamic basis;
- Reduce employment by the equivalent of approximately 519,000 full-time workers; and
- Reduce hourly wages by 0.3 percent.
Eliminating the exclusion and trading the static revenue gains for individual rate cuts would:
- Allow for an across-the-board rate cut of 14.6 percent;
- Boost GDP by $125 billion per year;
- Boost federal revenues by $29 billion on a dynamic basis;
- Increase employment by the equivalent of approximately 826,000 full-time workers; and
- Increase hourly wages by 0.1 percent. "
What do you think is coming? You should know there are thousands of blank pages to be filled out "as needed" in this wreck.. Infer what you want, but you first need to understand your government.
"[1] The Patient Protection and Affordable Care Act (PPACA) will require that this information appear on most employees' W-2s, but the mandate is being implemented slowly.
[2] The estimate is sensitive to the assumed pattern of distribution of the benefits across income levels. Also, Treasury may more fully include care paid for directly by employers; JCT may limit its estimate more to premiums.
[3] These numbers estimate the effect on federal income tax receipts of eliminating the tax exclusion for employer-provided health care. They do not include the increase in payroll taxes if employer-provided health care were treated as ordinary compensation. The U.S. Treasury estimates that the additional effect on payroll tax receipts would have been approximately $110 billion in 2012.
See Office of Management and Budget,
Analytical Perspectives-Budget of the U.S. Government, FY 2014 at 247,
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2014/assets/spec.pdf
[4] We assume proportional cuts in all of the ordinary income tax bracket rates but no cuts in the lower tax rates on capital gains and qualified dividends."
