WWTBAM Bored

When Mitt Romney ran for President, he promised that if he were elected, he'd have the national unemployment rate down to 6% by the end of his first term.

I believe him. --Bob

themanintheseersuckersuit wrote:

A lot of baby boomers have retired even though they're not 65 yet. A bunch of other people are trying self-employment (and therefore no longer show up as looking for work) because they can obtain affordable insurance.

Any measurement of how many of these people have left the work force even though they'd rather be employed? --Bob

Some people are no longer counted as unemployed because they have either given up or have taken lesser jobs because most employers will no longer hire them because of their age.

Technically, I've been retired and unemployed for over 3 years.

Bob #'s>>>>A bunch of other people are trying self-employment (and therefore no longer show up as looking for work) because they can obtain affordable insurance.<<<

Pardon my French-but BULLFUCKINGSHIT!!!!!!!!!!!!!!!!!!!!!!

Have you talked to some self-employed people with their massive increases in health insurance costs for next year?-My increase is 44%-a very common number among the self-employed-I have heard of 60 some percent increases as well.

A long discussion with my insurance agent highlighted how the self-employed are getting the shaft this year.

Spock wrote:Bob #'s>>>>A bunch of other people are trying self-employment (and therefore no longer show up as looking for work) because they can obtain affordable insurance.<<<

Pardon my French-but BULLFUCKINGSHIT!!!!!!!!!!!!!!!!!!!!!!

Have you talked to some self-employed people with their massive increases in health insurance costs for next year?-My increase is 44%-a very common number among the self-employed-I have heard of 60 some percent increases as well.

A long discussion with my insurance agent highlighted how the self-employed are getting the shaft this year.

When I was self-employed I wasn't able to get any insurance at any price until Obamacare took effect.

Bob Juch wrote:

Spock wrote:Bob #'s>>>>A bunch of other people are trying self-employment (and therefore no longer show up as looking for work) because they can obtain affordable insurance.<<<

Pardon my French-but BULLFUCKINGSHIT!!!!!!!!!!!!!!!!!!!!!!

Have you talked to some self-employed people with their massive increases in health insurance costs for next year?-My increase is 44%-a very common number among the self-employed-I have heard of 60 some percent increases as well.

A long discussion with my insurance agent highlighted how the self-employed are getting the shaft this year.

When I was self-employed I wasn't able to get any insurance at any price until Obamacare took effect.

Not sure I believe you on that-but whatever.

Bob#s was parroting the administration talking point that health insurance for the self-employed is now affordable. He obviously has no knowledge of the self-employed world. You (apparently) are not self-employed anymore-if you were, you would probably fall into buying it at a very high price that may or may not be affordable.

My case-to keep my same insurance for next year-my monthly premium went from $800 to $1,156 and deductible went from $6,300 to $8,000

So total premium becomes $13,872 per year-For simplicity-figure 2000 working hours it is almost $7 bucks an hour-plus $8000-I have to spend $21,872 ($11 per hour) before I see a dime back.

To save monthly premium-I am switching to a plan with $906 premium (still more than a $100 increase) with a $13,100 deductible.

So with premium of $10,872 ($5.50 per hour) plus $13,100 deductible-I have to spend $23,972 ($12 per hour) before I see any insurance back.

Remember none of this includes our family cost for my wife who is on a group at work.

The 60 some % increase that I cited earlier was for a trucker and his wife-Monthly premium will be over $1,600 or $19,200 per year-likely closer $20,000 as it is over $1,600 per month-not very affordable.

Spock wrote:

Bob Juch wrote:

Spock wrote:Bob #'s>>>>A bunch of other people are trying self-employment (and therefore no longer show up as looking for work) because they can obtain affordable insurance.<<<

Pardon my French-but BULLFUCKINGSHIT!!!!!!!!!!!!!!!!!!!!!!

Have you talked to some self-employed people with their massive increases in health insurance costs for next year?-My increase is 44%-a very common number among the self-employed-I have heard of 60 some percent increases as well.

A long discussion with my insurance agent highlighted how the self-employed are getting the shaft this year.

When I was self-employed I wasn't able to get any insurance at any price until Obamacare took effect.

Not sure I believe you on that-but whatever.

Bob#s was parroting the administration talking point that health insurance for the self-employed is now affordable. He obviously has no knowledge of the self-employed world. You (apparently) are not self-employed anymore-if you were, you would probably fall into buying it at a very high price that may or may not be affordable.

My case-to keep my same insurance for next year-my monthly premium went from $800 to $1,156 and deductible went from $6,300 to $8,000

So total premium becomes $13,872 per year-For simplicity-figure 2000 working hours it is almost $7 bucks an hour-plus $8000-I have to spend $21,872 ($11 per hour) before I see a dime back.

To save monthly premium-I am switching to a plan with $906 premium (still more than a $100 increase) with a $13,100 deductible.

So with premium of $10,872 ($5.50 per hour) plus $13,100 deductible-I have to spend $23,972 ($12 per hour) before I see any insurance back.

Remember none of this includes our family cost for my wife who is on a group at work.

The 60 some % increase that I cited earlier was for a trucker and his wife-Monthly premium will be over $1,600 or $19,200 per year-likely closer $20,000 as it is over $1,600 per month-not very affordable.

This is because of a frequently overlooked portion of the ACA. Part 56, Section 185 of the bill (See page 34,856) states:

"159) Applicants who have not exclusively cast votes for Democratic Party Candidates, or DNC approved ballot initiatives in the previous 5 years will be subject to non specific penalties to be determined by the plan administrators as described in the following subsections.
A) These penalties will be determined by spinning the ACA wheel and multiplying the standard rate by the value that is displayed when the ACA wheel stops.
B) If the Plan Administrator cannot procure an official ACA wheel, or if the provided ACA wheel is inoperable for any reason, the Plan administrator must obtain a standard dartboard and at least one regulation dart. The Plan Administrator, or a designated 'thrower', can throw the dart in the direction of the dart board from a distance of at least 6 feet but not to exceed 10 feet. The multiplier to be used will be the number into which the dart head is embedded.
B.1) In the case where the dart does not come into contact with the dartboard, or the multiplier cannot be determined precisely, the Administrator has the option of either reattempting the procedure described in section 159.B, or just using 25 as the multiplier value."

That explains why you took a big hit, but BJ has no problem with it.

Spock wrote:

Bob Juch wrote:

Spock wrote:Bob #'s>>>>A bunch of other people are trying self-employment (and therefore no longer show up as looking for work) because they can obtain affordable insurance.<<<

Pardon my French-but BULLFUCKINGSHIT!!!!!!!!!!!!!!!!!!!!!!

Have you talked to some self-employed people with their massive increases in health insurance costs for next year?-My increase is 44%-a very common number among the self-employed-I have heard of 60 some percent increases as well.

A long discussion with my insurance agent highlighted how the self-employed are getting the shaft this year.

When I was self-employed I wasn't able to get any insurance at any price until Obamacare took effect.

Not sure I believe you on that-but whatever.

Bob#s was parroting the administration talking point that health insurance for the self-employed is now affordable. He obviously has no knowledge of the self-employed world. You (apparently) are not self-employed anymore-if you were, you would probably fall into buying it at a very high price that may or may not be affordable.

My case-to keep my same insurance for next year-my monthly premium went from $800 to $1,156 and deductible went from $6,300 to $8,000.

Really? I was self-employed as recently as 2013. My monthly premium for COBRA coverage at the time was more than you're going to pay next year. Now, I'm pretty sure I could get a silver plan on the exchanges for about $800 per month, and that's before any tax subsidies for which I may be eligible.

Are you shopping on the exchange? Because I really don't think exchange plans are permitted to have deductibles as high as $8000. --Bob

Bob #'s>>>Really? I was self-employed as recently as 2013. My monthly premium for COBRA coverage at the time was more than you're going to pay next year. Now, I'm pretty sure I could get a silver plan on the exchanges for about $800 per month, and that's before any tax subsidies for which I may be eligible.

Are you shopping on the exchange? Because I really don't think exchange plans are permitted to have deductibles as high as $8000. --Bob<<<<

If a practicing attorney in a very specialized field in LA can qualify for subsidies the system is really screwed up. You should be in a position where you are helping to subsidize everybody else. Otherwise, where does the money come from?

Spock wrote:Bob #'s>>>Really? I was self-employed as recently as 2013. My monthly premium for COBRA coverage at the time was more than you're going to pay next year. Now, I'm pretty sure I could get a silver plan on the exchanges for about $800 per month, and that's before any tax subsidies for which I may be eligible.

Are you shopping on the exchange? Because I really don't think exchange plans are permitted to have deductibles as high as $8000. --Bob<<<<

If a practicing attorney in a very specialized field in LA can qualify for subsidies the system is really screwed up. You should be in a position where you are helping to subsidize everybody else. Otherwise, where does the money come from?

Just called my agent to verify my understanding about plans inside/outside the exchanges (MNSURE-here) The plans outside are exactly the same as those inside-same premium/same deductible, etc. The only difference is that those outside do not qualify for any potential subsidy.

Bob Juch wrote:

Spock wrote:Bob #'s>>>>A bunch of other people are trying self-employment (and therefore no longer show up as looking for work) because they can obtain affordable insurance.<<<

Pardon my French-but BULLFUCKINGSHIT!!!!!!!!!!!!!!!!!!!!!!

Have you talked to some self-employed people with their massive increases in health insurance costs for next year?-My increase is 44%-a very common number among the self-employed-I have heard of 60 some percent increases as well.

A long discussion with my insurance agent highlighted how the self-employed are getting the shaft this year.

When I was self-employed I wasn't able to get any insurance at any price until Obamacare took effect.

The difference being, you weren't penalized for not having what you couldn't afford.

Spock wrote:Bob #'s>>>Really? I was self-employed as recently as 2013. My monthly premium for COBRA coverage at the time was more than you're going to pay next year. Now, I'm pretty sure I could get a silver plan on the exchanges for about $800 per month, and that's before any tax subsidies for which I may be eligible.

Are you shopping on the exchange? Because I really don't think exchange plans are permitted to have deductibles as high as $8000. --Bob<<<<

If a practicing attorney in a very specialized field in LA can qualify for subsidies the system is really screwed up. You should be in a position where you are helping to subsidize everybody else. Otherwise, where does the money come from?

Unemployed attorneys don't make very much money. That's why I was on COBRA.

Are you shopping on the exchange? --Bob

tlynn78 wrote:

Bob Juch wrote:

Spock wrote:Bob #'s>>>>A bunch of other people are trying self-employment (and therefore no longer show up as looking for work) because they can obtain affordable insurance.<<<

Pardon my French-but BULLFUCKINGSHIT!!!!!!!!!!!!!!!!!!!!!!

Have you talked to some self-employed people with their massive increases in health insurance costs for next year?-My increase is 44%-a very common number among the self-employed-I have heard of 60 some percent increases as well.

A long discussion with my insurance agent highlighted how the self-employed are getting the shaft this year.

When I was self-employed I wasn't able to get any insurance at any price until Obamacare took effect.

The difference being, you weren't penalized for not having what you couldn't afford.

Neither is anyone else. Unless you count not having health insurance as a penalty. --Bob

Bob78164 wrote:

Spock wrote:Bob #'s>>>Really? I was self-employed as recently as 2013. My monthly premium for COBRA coverage at the time was more than you're going to pay next year. Now, I'm pretty sure I could get a silver plan on the exchanges for about $800 per month, and that's before any tax subsidies for which I may be eligible.

Are you shopping on the exchange? Because I really don't think exchange plans are permitted to have deductibles as high as $8000. --Bob<<<<

If a practicing attorney in a very specialized field in LA can qualify for subsidies the system is really screwed up. You should be in a position where you are helping to subsidize everybody else. Otherwise, where does the money come from?

Unemployed attorneys don't make very much money. That's why I was on COBRA.

Are you shopping on the exchange? --Bob

In case you missed my post-Per a conversation with my agent this morning. Policies inside and outside the exchange are exactly the same. The same premium/same deductibles-etc. The only difference is that those outside the exchange are not eligible for subsidies.

Also per my agent-Of his clients enrolled in the exchange-only about half get the subsidy-anywhere from $200 to $500 a month. There is no way to know if you will get the subsidy until you are enrolled in the system. I assume that I probably would not get the subsidy and for simplicity sake I won't go into the system.

If you were buying Cobra-you were obviously still part of the group from your previous work (more power to you) and were not put in the position of finding your own health insurance as a self-employed individual.,