They didn’t mean to do it —
Legislators that passed the last increase in Federal Minimum Wage in 2009 and the Affordable Care Act (Obamacare) did not intend for Unemployment Benefits to be reduced in response., but that’s what we all received.
Because of employer workarounds to offset the new increased labor costs, Unemployment Benefits are being decreased because fewer people will be eligible in some industries. Further increases in minimum wage may cause additional wage, hour, and benefits cuts to employees in 2013 and 2015.
via How Increases In Minimum Wage and the Impact of the Affordable Care Act Inadvertently Decrease Unemployment Benefits.
In the 2012 animated film Wreck It Ralph, the main character visits the world the Sugar Rush video games and finds high calories, sugar addictions, and mean girls.
All the characters and places in the video game are made of candy and sugar syrups – pretty sticky! Once in the game and stuck all over with candy, Wreck It Ralph is pursued by the sugar town’s only two police officers – two talking DONUTS with firearms and motor bikes. One is a cake donut with sugar icing and the other is a frosted long john with a cream filling and a gun.
Together the donut cops look like Laurel and Hardy, but our local police officers in Central Ohio are earning a $900 bonus for passing a voluntary physical fitness exam every year that has only a few categories but significantly increases their health statuses. Insurance costs are going down lower that the total payout of all the bonuses each year!
via How One City’s Police Officers and Firefighters Reduce Health Costs and Earn Bonuses.
HumanaVitality and Wal-Mart 5% Savings
October 5, 2012 became the target date for the Humana insurance company to begin offering the Wal-Mart healthy foods 5% discount.
Humana leaders planned it as a good step toward preparing for effects of the Affordable Health Care Act, popularly known by the shorter title Obamacare.
Healthier eating should lead to lower healthcare costs overall and many healthcare providers agree.
One problem with the 5% discount off healthier foods is that 5% is not very much — For example, 5% off $1.00 equals $0.95. Many people might skip that small savings and purchase a donut instead of three bananas.
Perhaps the planned extra bonuses and point-incentives that consumers can redeem for gifts and services might draw more participation of consumers!
Obamacare, or the Affordable Care Act, will solve several issues of complaining physicians and patients beginning 2014. However, a few additional problems have been thrown onto the heap by it as well.
FOR INSTANCE — The lowest premium available to a person aged 60 under the ACA with an income of $55,000 annually is $10,172 with no subsidy available – that’s almost $1,000 every month and 18% of total income.
Many people cannot understand the ACA, because the average reading level of Americans ages 16 – old age is only net ween grades 8 and 9. The languages of the ACA is too complex.
See more at
A continuing question about the Affordable Health Care Act passed into law under the Obama Administration has been that of cost.
Henry J. Kaiser Family Foundation offers one Health Reform Subsidy Calculator that is linked below.
To use this calculator, enter either your expected 2014 income or the % of poverty level at which you expect to be (100%, 125%, etc.), your age, your marital status, and your regional cost factor Lower, Medium or Higher).
The calculator will provide:
- Unsubsidized health insurance premium in 2014, adjusted for your age
- Actual person/family required premium payment (the amount you must pay)
- Government tax credit
Hopefully, the Affordable Care Act eliminates the possibility of turning away people with pre-existing conditions. Many wellness/prevention activities and services are encouraged and covered completely under the ACA.
However, premium amounts from ages 40 – 60 and above who make 425% of poverty level seem too expensive. $10,000+ per year is simply too much for a single person. That’s about $900/month.
via The Cost of Health Insurance Under the Affordable Care Act – Specific Premiums By Age Cohorts.