What would Christmas be without a massive lump of coal from the Scrooge in the White House?
Here comes the ObamaCare tax bill.
The cost of President Obama’s massive health-care law will hit Americans in 2014 as new taxes pile up on their insurance premiums and on their income-tax bills.
Most insurers aren’t advertising the ObamaCare taxes that are added on to premiums, opting instead to discretely pass them on to customers while quietly lobbying lawmakers for a break.
But one insurance company, Blue Cross Blue Shield of Alabama, laid bare the taxes on its bills with a separate line item for “Affordable Care Act Fees and Taxes.”
The new taxes on one customer’s bill added up to $23.14 a month, or $277.68 annually, according to Kaiser Health News. It boosted the monthly premium from $322.26 to $345.40 for that individual.
The new taxes and fees include a 2 percent levy on every health plan, which is expected to net about $8 billion for the government in 2014 and increase to $14.3 billion in 2018.
There’s also a $2 fee per policy that goes into a new medical-research trust fund called the Patient Centered Outcomes Research Institute.
Insurers pay a 3.5 percent user fee to sell medical plans on the HealthCare.gov Web site.
ObamaCare supporters argue that federal subsidies for many low-income Americans will not only cover the taxes, but pay a big chunk of the premiums.
But ObamaCare taxes don’t stop with health-plan premiums.
Americans also will pay hidden taxes, such as the 2.3 percent medical-device tax that will inflate the cost of items such as pacemakers, stents and prosthetic limbs.
Meanwhile, in a stunning development, since enough people didn’t sign up for this abomination, Obama graciously has extended the enrollment period to January 1. At this point it may as well just be an indefinite enrollment period.
The Christmas Eve deadline to sign up for ObamaCare wasn’t really a deadline after all.
The Obama admininstration announced late Tuesday that people unable to obtain coverage by midnight through Healthcare.gov might still be able to get insurance by Jan. 1. The announcement comes after the administration already pushed back the enrollment deadline by a day.
“Sometimes despite your best efforts, you might have run into delays caused by heavy traffic to Healthcare.gov, maintenance periods, or other issues with our systems that prevented you from finishing the process on time,” a post on Healthcare.gov said. “If this happened to you, don’t worry – we still may be able to help you get covered as soon as Jan. 1.”
The post tells consumers to contact the marketplace call center and explain that technical difficulties prevented them from getting covered under ObamaCare for the new year.
They’re so helpful.