Self Insured Prices - No More Motocross Tracks!!..

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10/19/2017 1:48 PM
Edited Date/Time: 10/19/2017 1:55 PM

Anyone else in this boat? I'm self insured self employed, paying $900 month with 7500 deductable family of 4 with Cigna, Just learned government approved a 42% cost increase allowed for Cigna! Looks like racing and track riding will have to stop. Can't afford to get hurt now! People with group plans at corporation are not out of the woods. they are going to have a Cadillac Plan Tax by 2020 for group plans, 40% increase. Affordable Act, my ass.. wink

This is surely going to impact peoples decision to purchase dirt bikes now!

Cadillac Tax
The Affordable Care Act’s high-cost plan tax (HCPT), popularly known as the “Cadillac tax,” is a 40 percent excise tax on employer plans exceeding $10,200 in premiums per year for individuals and $27,500 for families. The tax is scheduled to take effect in 2020. Employer and employee premium contributions will count against the threshold, as will most employer and (pretax) employee contributions to health savings accounts (HSAs), Archer medical savings accounts (MSAs), flexible spending accounts (FSAs), and health reimbursement accounts (HRAs).1 Guidelines for determining which coverage is taxed are partly subject to interpretation by the Internal Revenue Service (IRS); the information provided here reflects the most up-to-date guidance.2,3
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10/19/2017 1:52 PM

In the same boat.

Been kicking around doing more riding next year...not after the wife pulled up the insurance numbers for next year.

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10/19/2017 1:57 PM

Look on the bright side - somebody, somewhere, got free insurance. The 5 million people who got priced out of plans they used to be able to afford are just going to have to suck it up and enjoy yet another government success story.

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10/19/2017 2:00 PM

Even through my employer my monthly premium for a family of 4 is about $500 with a $5,000 deductible. Increasing costs won’t really impact my decision to do anything dangerous because just about everything in life has potential danger.

If costs get much higher I’ll just go back to being uninsured. Worked out well for me in the past and currently seems to work out well enough for all the people clearly not paying much if any taxes and are just on government help. I’m all about paying my fair share but it gets hard to justify when I keep getting bent over further to pay for other people’s decisions in life.

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10/19/2017 2:02 PM

Aceofspades wrote:

Look on the bright side - somebody, somewhere, got free insurance. The 5 million people who got priced out of plans they used to be able to afford are just going to have to suck it up and enjoy yet another government success story.

No, people who previously could not afford insurance can now do so, for the low, low price of $900 per month. Winning!

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Braaapin' aint easy.

10/19/2017 2:12 PM

I’m paying $1500/month for my family of 6 this year...my insurance agent just told me that I’ll be paying $2200/month next year ($1k deductible and 80/20 after that...great plan actually...pre-Obamacare I was paying under $700/month for it).

Or I can take a plan with a $13,500 deductible for $1500/month.

To all those getting “free” health insurance...You are welcome! (I’m paying for your “free” insurance.)

It goes against everything I believe-and I’m certain it was the plan from the beginning-but I’m just about ready for a single payer system...it will probably cost me more in taxes than I’m paying in premiums, but I’m so tired of the whole dance that I almost don’t care any more...Just let me go to the doctor whenever I want and never see a bill, nor a bill from the insurance company and let’s be done with it.

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10/19/2017 2:33 PM
Edited Date/Time: 10/19/2017 2:35 PM

We are hitting monthly mortgage payments for some people. Ok thanks for the vital love so I don't feel like I'm the only one bending over! The other problem is finding people to take your insurance now too that you pay a fortune for.. Cigna has been problematic from billing to in network doctors so we are going to try another.

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10/19/2017 2:39 PM

No surprise at all. The US government is a vending machine that you insert money into in the form of campaign donations, select the law you want, and sure enough you get it. Insurance companies put a whole lot of money into that machine. People like us do not. So bend over and take it. Oh but uh, be sure to vote, it's super important and really makes a difference :-/

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10/19/2017 2:50 PM

You guys are getting well and truly fucked up the ass, no lube. Who's to blame? Well who's getting paid a fortune? Doctors, medical associations and insurance companies. And politicians

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10/19/2017 3:19 PM

Underground wrote:

You guys are getting well and truly fucked up the ass, no lube. Who's to blame? Well who's getting paid a fortune? Doctors, medical associations and insurance companies. And politicians

My ass is tired sad

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Osama Bin Mixin - Head of the 2-stroke Taliban

10/19/2017 5:59 PM
Edited Date/Time: 10/19/2017 6:01 PM

Mine is relatively cheap as I insure only myself, $150 a month for a $10k deductible but I cringe every time I look at my paycheck stub. $22k in taxes so far this year sick

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10/19/2017 6:06 PM

Sawfish wrote:

Mine is relatively cheap as I insure only myself, $150 a month for a $10k deductible but I cringe every time I look at my paycheck stub. $22k in taxes so far this year sick

I hear ya, just a tick under $16k paid in taxes so far. A fella could make a fair living if he didn't have to pay the way for those that don't.

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10/19/2017 6:11 PM

Absolutely shocking....

Private businesses will jack up prices because its required by law to buy from them........

Geee who woulda seen that coming?????

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10/19/2017 6:33 PM
Edited Date/Time: 10/19/2017 6:39 PM

Murika',
No longer by the people for the people
but rather a guvment by the lobbyist for the lobbyist

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What can be asserted without evidence can also be dismissed without evidence.

10/19/2017 6:36 PM

To a Canadian like myself, this seems like a bizarre conversation. With our single payer system, you'd think that our taxes would be absurd, but I don't think they're much worse than yours (it's hard to generalize as taxes vary widely depending on jurisdiction) - and our tax returns are much simpler, as there's just one tax return that covers both federal and provincial (I've seen some huge multi-jusrisdictional U.S. returns - I work for a big 4 accounting firm so we do U.S. tax but just stick to Canadian). If you have an incorporated business, our corporate tax rates are actually lower. On the other hand, waiting times can be a bitch here. I did a tax return for a client who didn't want to wait for shoulder surgery (it would have cost him nothing if he did wait - over a year) so he went to a private clinic and paid over $10,000 to get it done immediately. So our system isn't perfect either. But it's not nearly as bad as some of your politicians would have you believe (Pence's claims about our system's outcomes are demonstrably false). And imagine what would happen to wait times in the U.S.A. if all of the uninsured were added to the queues!

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Current rides: 2016 KTM 250SXF, 2017 KTM 350SXF

10/19/2017 6:43 PM

What! Are you guys saying Obama is responsible for this, come on....


Well, I agree!

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10/19/2017 6:47 PM

Us healthy ones get to pay for the unhealthy. Last administration though more young healthy people would sign up for their program. This did not happen so we pay.

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10/19/2017 8:01 PM

You guys need to look into health sharing programs. Legal and inexpensive. Family of three 150 a month 300 ded and 20 copays, well for my buddy here in ca.

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10/19/2017 8:09 PM

swtwtwtw wrote:

You guys need to look into health sharing programs. Legal and inexpensive. Family of three 150 a month 300 ded and 20 copays, well for my buddy here in ca.

Isn't that usually Christian based? I think they're a great idea, very intriguing, just curious.

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Osama Bin Mixin - Head of the 2-stroke Taliban

10/19/2017 8:21 PM

MPJC wrote:

To a Canadian like myself, this seems like a bizarre conversation. With our single payer system, you'd think that our taxes would be absurd, but I don't think they're much worse than yours (it's hard to generalize as taxes vary widely depending on jurisdiction) - and our tax returns are much simpler, as there's just one tax return that covers both federal and provincial (I've seen some huge multi-jusrisdictional U.S. returns - I work for a big 4 accounting firm so we do U.S. tax but just stick to Canadian). If you have an incorporated business, our corporate tax rates are actually lower. On the other hand, waiting times can be a bitch here. I did a tax return for a client who didn't want to wait for shoulder surgery (it would have cost him nothing if he did wait - over a year) so he went to a private clinic and paid over $10,000 to get it done immediately. So our system isn't perfect either. But it's not nearly as bad as some of your politicians would have you believe (Pence's claims about our system's outcomes are demonstrably false). And imagine what would happen to wait times in the U.S.A. if all of the uninsured were added to the queues!

I don't remember seeing a ton of posts from Ken Roczen about flying to Canada to wait in line for surgery. LOL

ROCZEN TO RETURN TO A1 in 2020!

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10/19/2017 8:34 PM

I've had free medical coverage since I enlisted in the Marine Corps in 1966 and the VA since 1970. Best decision I've ever made was enlisting. Semper Fi.

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10/19/2017 8:39 PM
Edited Date/Time: 10/19/2017 8:41 PM

Why is our government even in the Health Insurance business? Obama wanted it to be his legacy. He lied his ass off about this great new health care system for all Americans known as Obamacare. He should have to do a tour all over our nation to talk to the American people about his legacy Obamacare and how much it has helped them. It will make some people not risk riding or racing, they have to be at work on Monday.

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10/19/2017 8:42 PM

dirtbikemike wrote:

I've had free medical coverage since I enlisted in the Marine Corps in 1966 and the VA since 1970. Best decision I've ever made was enlisting. Semper Fi.

Thank you for your service to our country.

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10/19/2017 9:23 PM

MPJC wrote:

To a Canadian like myself, this seems like a bizarre conversation. With our single payer system, you'd think that our taxes would be absurd, but I don't think they're much worse than yours (it's hard to generalize as taxes vary widely depending on jurisdiction) - and our tax returns are much simpler, as there's just one tax return that covers both federal and provincial (I've seen some huge multi-jusrisdictional U.S. returns - I work for a big 4 accounting firm so we do U.S. tax but just stick to Canadian). If you have an incorporated business, our corporate tax rates are actually lower. On the other hand, waiting times can be a bitch here. I did a tax return for a client who didn't want to wait for shoulder surgery (it would have cost him nothing if he did wait - over a year) so he went to a private clinic and paid over $10,000 to get it done immediately. So our system isn't perfect either. But it's not nearly as bad as some of your politicians would have you believe (Pence's claims about our system's outcomes are demonstrably false). And imagine what would happen to wait times in the U.S.A. if all of the uninsured were added to the queues!

From a mother Canadian. I work for government and have very good health plan. Go to the doctor 7 months ago for routine check up. She listens to my heart and it takes her quite a wile and She says that she hears something in there that is not normal. Sends me off for a ultrasound (3 months lAtter). I go back to see her 2 days after that. Guess what I have a leaking valve, she thinks. She Makes a refural to go see specialist . That was sept 10th ish. Am I going to get to see anyone about this? If I pay 5k I would be in next day, I am lucky if I get to see someone in the next year. Hope I don't die

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10/19/2017 9:23 PM

Falcon wrote:

No, people who previously could not afford insurance can now do so, for the low, low price of $900 per month. Winning!

That too lol.

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10/19/2017 9:31 PM

I know with most insurance companies they want to generate at least 20% more in premiums than they have to pay out. Every aspect of your health Has a profit motive There are some simple thing your government could do to help out its citizens. First, negotiate bulk contracts with the pharma industry to get lower prices. Move to generic medication when patent expires.

I am glad I don’t have to deal with insurance for primary care or emergency care. Sure the wait times for shoulder surgery or hip and knee replacement are long, but just a generation ago, these things didn’t exist and the wait is longer. For emergency situations, there is no wait time. Every time I go for healthcare, I have to take out my wallet, but only to get my healthcare card. Oh and I get to choose my own doctor (and she is hot!, just ask my wife).

Honestly, I feel for you guys when you talk about deductibles being $20k. What’s the point of having insurance if the first $20k comes out of your pocket. So if your monthly premium is $1,500 that $18k out of your pocket for not one visit, then you still get to pay the next $20k before the insurance company starts to provide any services that you have paid for? Is this correct?

Forgive me, but I am a canucklehaed. I only grasp deductibles as they relate to auto insurance and then, the highest deductible is $500 per accident that you are responsible for causing.

Sorry guys. I know I couldnt afford health insurance in your country and that is a scary thought to me.

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10/20/2017 12:16 AM

swtwtwtw wrote:

You guys need to look into health sharing programs. Legal and inexpensive. Family of three 150 a month 300 ded and 20 copays, well for my buddy here in ca.

JW381 wrote:

Isn't that usually Christian based? I think they're a great idea, very intriguing, just curious.

Primarily, but it is not a disqualifier. Check it out.

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10/20/2017 12:18 AM
Edited Date/Time: 10/20/2017 12:20 AM

We need to go to a single payer and non-profit system. Negotiate and fix drug and service costs every couple of years woth input from the industries. Mandate universal coverage and implement a real electronic health record to truly unburden our administrative costs (25% of total cost at this time).

The US’s health outcomes are poorer than a majority of our industrialized counter parts and we out spend all of them.

Edit: and under a single payer system you can forget about the stress of premiums and copays.

I get that people are skeptical of the government, but I hate scheming CEOs a lot more.

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10/20/2017 1:16 AM

Obamacare premiums were rising rapidly, with Insurance companies pulling out far before Trump was elected.
It's completely unsustainable.

I cannot afford insurance. Neither is it a good value since I don't really go to the doctors.
And since I can't afford it, I'll be fined $3000 / year.

I'm more than happy to help those in need, but it's not right when a subsidizer can't afford the product he's subsidizing.

I'm going to look into the Christian based plans. $150 I can afford. $600-700 for just me with a $6500 deductible? I'll pass.

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10/20/2017 2:09 AM

After looking around, I'm fairly certain I'm going with this plan. For $162/month, there's a lot of coverage. Plus it satisfies the Obamacare mandate.

https://www.chministries.org

What do you guys think?

The plan costs less than the tax fines.

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