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Were you expecting this?

(2) ANNUAL LIMITATION-

(A) ANNUAL LIMITATION- The cost-sharing incurred under the essential benefits package with respect to an individual (or family) for a year does not exceed the applicable level specified in subparagraph (B).

(B) APPLICABLE LEVEL- The applicable level specified in this subparagraph for Y1 is $5,000 for an individual and $10,000 for a family. Such levels shall be increased (rounded to the nearest $100) for each subsequent year by the annual percentage increase in the Consumer Price Index (United States city average) applicable to such year.

(C) USE OF COPAYMENTS- In establishing cost-sharing levels for basic, enhanced, and premium plans under this subsection, the Secretary shall, to the maximum extent possible, use only copayments and not coinsurance.

Here is the proof no one is getting this for free........ $$10,000 is a lot of money

Answer Question
 
itsmesteph11

Asked by itsmesteph11 at 4:40 PM on Jul. 31, 2009 in Politics & Current Events

Level 39 (113,405 Credits)
Answers (10)
  • Or how about this?

    (a) Establishment of Premiums-

    (1) IN GENERAL- The Secretary shall establish geographically-adjusted premium rates for the public health insurance option in a manner--

    (A) that complies with the premium rules established by the Commissioner under section 113 for Exchange-participating health benefit plans; and

    (B) at a level sufficient to fully finance the costs of--

    (i) health benefits provided by the public health insurance option; and

    (ii) administrative costs related to operating the public health insurance option
    itsmesteph11

    Answer by itsmesteph11 at 4:41 PM on Jul. 31, 2009

  • So basically taxes will increase, cost of good will increase as costs go up for businesses, AND we have to still cover $10,000 on our own? Am I understanding this right? So how is this better??
    micheledo

    Answer by micheledo at 4:51 PM on Jul. 31, 2009

  • Well it is better because everybody knowsssss the government truely cares about us so therefore they should have the control!


    said with GREAT sarcasm
    Anonymous

    Answer by Anonymous at 4:53 PM on Jul. 31, 2009

  • I guess it would be good if you had Cancer or some incurable disease.... Oh wait, you may not even be allowed to get expensive care depending on what the Health commission decides.
    itsmesteph11

    Answer by itsmesteph11 at 4:54 PM on Jul. 31, 2009

  • What a horrible plan. Honestly. Who in their right mind is for this???
    Anonymous

    Answer by Anonymous at 5:02 PM on Jul. 31, 2009

  • Is the government going to subsidize those who cannot come up with the $5000 or $10,000?! I mean, what ARE those who already live off of the government, or those who "can't afford to buy a health plan" going to do? Or are the few remaining taxpayers going to be picking up their tabs as well as their own?!

    I can see why people stop trying, and go on the government dole--there comes a time when it's just not worth fighting--why not put our feet up and enjoy a little "funemployment?!"
    LoriKeet

    Answer by LoriKeet at 5:12 PM on Jul. 31, 2009

  • Scary anon! If you have to be in your right mind to support this, then we have many insane people in Congress, and insane president, and many many insane citizens. Lol!!
    micheledo

    Answer by micheledo at 5:14 PM on Jul. 31, 2009

  • I'd much rather keep my $20 copay $500 deductible thank you very much.

    Anonymous

    Answer by Anonymous at 6:10 PM on Jul. 31, 2009

  • No kidding (pp). How does this help people who can't afford health insurance? They would be MUCH better off getting their own, not the governments. (But then the smart people have always known that).
    micheledo

    Answer by micheledo at 6:36 PM on Jul. 31, 2009

  • OP, where is this from in the bill? Does it meant it will cost $5000 or $10,000 to have or does it mean that is the limit of the amount they will cover a year?
    yourspecialkid

    Answer by yourspecialkid at 8:01 PM on Jul. 31, 2009

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