Obamacare. Not so affordable for your spouse.

[daeclidn28]

My wife spent the day in training at her company today. She is a CPA / Financial analyst for a major defense contractor.

She came home and told me that she was shocked to find out that the Affordable Health Care Act requires employers to provide health coverage for dependents, but not spouses.

I am really hoping that she heard that wrong. She insists not.

This is why we need less government. When they start insisting on poking their heads into private affairs, they end up screwing up more than they fix.

[daxogixl54]

Hmm. Gotta be some kind of legislative oversight. if correct. If ONEs goal was to force more into the workplace just to be insured, well then it would make sense.

Must be a mistake. of some kind.

[Cogebroxors]

Rats. No, spouses are not included:

"But the IRS’s definition of dependents in the proposed rule excludes the spouses of employees, regardless of whether the spouse is employed."


Reference:

[Damaris392]

Prices of group health insurance have escalated sharply for the past few years in anticipation of ObamaCare. The price of an individual in a group in the top tier, say a 60 year old male at $700/Mo, can not be more than 300% of the price of an individual in the bottom tier, say, an 19 year old male at $140/mo. Since with escalating prices, the 60 year old price can not come down, the young males price must rise to $238. Ironically, the one of the largest Obama voting blocks will experience the greatest inflation in health care costs. Sadly, with the only underwriting factor being allowed is age, gender and tobacco use, access to individual coverage, which, if one could qualify, was always cheaper than group health insurance will change dramatically.
The government sponsered exchanges will be forced to pay claims with their collected premiums. One suspects that they will be the recipients of large groups of claim intensive insureds and it is highly likely that the cost of exchanges over the next 2-3 years will rocket upward as they struggle to pay claims. As their prices rise, members will leave in search of cheaper costs.
As the government attempts to create cost redcution by reducing payable charges to providers, our pool of general practicioners will fall. The time, effort and cost to become a GP is to great without a profit incentive.
As usual, Governement intervention with the free market system will create ugly results. The Gov't talks about volume bringing discounts, and that might be correct if everyone was paying premiums, or gainfully employed with an employer paying or subsidizing premiums.
This whole thing has been poorly planned and executed and is smoke and mirrors. Expect chaos in the system as we approach Jan 2014. There will be mandates to comply with and no clear explanation of what compliance requires.
With our healthcare system firmly in hand, our government will now focus on wrestling our guns from our unwilling hands. Enjoy the show folks!