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  1. ATeam

    Health Insurance for Expediters; What do You See?

    I'm glad you mentioned that. Diane and have noticed the same thing too. At the depths of the Great Recession, hospital and medical facility construction was booming and it still is. We delivered a number of loads, mostly compressed gas and medical equipment to these places under construction...
  2. ATeam

    Health Insurance for Expediters; What do You See?

    I woke up this morning to news that while millions of people visited the web site, only six people actually enrolled and in the next couple days, less than 500 did. Much will be made of those low numbers as outspoken people seek to score political points with the sound bytes those numbers...
  3. ATeam

    Health Insurance for Expediters; What do You See?

    You seem convinced that the cancellation of commercial health insurance policies is a widespread if not near-universal fact. I'm not sure that is the case. On what do you base your critique? That is not to say that there are not people out there who have been screwed by insurance companies...
  4. ATeam

    Health Insurance for Expediters; What do You See?

    But please understand that we don't want a new policy. The policy we have provides very good coverage and we want to keep it. Obamacare is causing the price of that policy to greatly increase, which we do not appreciate. The price increase is not because additional coverage and benefits are...
  5. ATeam

    Health Insurance for Expediters; What do You See?

    Here is the link to that NBC News story. Amazing. The more that becomes known about Obamacare as the program rolls out, the worse the program and its advocates look. Where are the success stories? A comment made in the article is telling. A man whose insurance policy was taken away from him...
  6. ATeam

    Health Insurance for Expediters; What do You See?

    Yet another government-sponsored reason for people to get out of trucking.
  7. ATeam

    Health Insurance for Expediters; What do You See?

    There we have it then. It is not a tax. It is a penalty that can be considered a tax. That consideration does not change the penalty into something else. The penalty remains a penalty.
  8. ATeam

    Health Insurance for Expediters; What do You See?

    The Supreme Court called the mandate to buy health insurance a "tax" and based its ruling that upheld Obamacare on that. That is different than the administrative fine that is imposed on people who fail to buy the required insurance. Obamacare was uhpeld by the Court. The item we are discussing...
  9. ATeam

    Health Insurance for Expediters; What do You See?

    I'm sorry, Steady Eddie, but the information reported in the stories I provided links to is exactly the opposite. It is not a tax, it is a fine. And the IRS does not have unlimited power to go after you if you do not pay the fine, for this particular item, the IRS collection powers are...
  10. ATeam

    Health Insurance for Expediters; What do You See?

    Here is another story that illustrates the program's shortcomings. Policy cancelations, higher premiums add to frustration over Obamacare Excerpt: "For many, their introduction to the Affordable Care Act has been negative: a broken website, and now cancellation notices from insurance...
  11. ATeam

    Health Insurance for Expediters; What do You See?

    The collection issue is not about the line on the form or the obligation to pay. It's about the fact that the IRS has no power to extract the money from you beyond the ability to withhold it from any refund you may have coming. In most other things where the IRS has the power to collect...
  12. ATeam

    Health Insurance for Expediters; What do You See?

    Like we don't take every deduction presently allowed? Of course we do, and we have tax professionals advising us to make sure that no deductions or credits are overlooked. Our "problem" is that profits remain on which taxes must be paid.
  13. ATeam

    Health Insurance for Expediters; What do You See?

    You and I have had this discussion before and I'm not going down that road again. I'll simply point out to readers that Cargo van operators have little in common with General Electric, and that when money people look to see how someone is doing financially, they do not look at Form 1040, line 37...
  14. ATeam

    Health Insurance for Expediters; What do You See?

    Achieving a gross adjusted income of zero or near zero may be a goal for some. It is not a goal for Diane and me. Our focus is on building wealth, not achieving a zero GAI. We're not going to reduce our income, artifically move money around or lie so a particular line on our tax form looks...
  15. ATeam

    Health Insurance for Expediters; What do You See?

    You are kidding, right?
  16. ATeam

    Health Insurance for Expediters; What do You See?

    At least for now, the IRS does not have a lot of power to collect the fine that will be imposed if you do not buy health care insurance. See: The Obamacare Penalty: Yes, It Can be Avoided See also: Obamacare Penalties: 3 Things to Know Before 2014
  17. ATeam

    Health Insurance for Expediters; What do You See?

    I am not criticizing the strategy but am interested in knowing how it will actually work. If Shayne does not pay for coverage and pays the fine instead, what will happen if she becomes ill and hospitalized and thereby generates say a $200,000 hospital bill? Who will pay or absorb the cost of...
  18. ATeam

    Health Insurance for Expediters; What do You See?

    I'm a veteran but have never looked into VA health care benefits. How do they work? What is involved? What is covered?
  19. ATeam

    Health Insurance for Expediters; What do You See?

    I asked above, what is your strategy? As mentioned above, ours is to continue paying for insurance at the higher price because we want the kind of coverage we now have. There is another strategy item too. While it is by no means a solution to increasing insurance costs and a...
  20. ATeam

    Health Insurance for Expediters; What do You See?

    As some have mentioned in this thread, I see a number of expediters getting health insurance who did not have it before, because, before, it was too expensive or they had preexisting conditions. I also see expediters who earn good money dropping their health insurance because the price of it is...
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