10 Reasons to Jump and Dump REBEL AGAINST THEOBAMACARE MANDATE by Craig J. Casey
What is the Jump and Dump? Get outrageously priced healthcare. Get overpriced medical care Cancel your health insurance, get billed for re occurring penalties.See: Massachusetts, Romneycare COBRAhealth.com/jump-dump-Obamacare.htm
#1 Like more cash? By ignoring the Obamacare mandate you save $7,000 per person and $15,000 per family off health insurance coverage every year. The risk is small, fines average around $1,000. But an emergency procedure can lead to BK, liens and wage garnishments. COBRAhealth.com/jump-dump-Obamacare.htm
#2 Your state did not set up exchange Congress never authorized subsidies for insurance bought via Federal Run Exchanges. Legally you won’t get any subsidy outside of CA, CO, CT, HI, MA, MD, NV, OR, RI, WA, WY, UT, or VT exchanges. COBRAhealth.com/jump-dump-Obamacare.htm
#3 You don’t qualify for (or want) Medicaid After Jan 1, 2014, Middle income adults and families with income from 133-400% of FPL may qualify for Medicaid, who previously had private insurance. Medicaid enrollees have a hard time finding doctors and specialists. COBRAhealth.com/jump-dump-Obamacare.htm
Health Insurance Tip: If you have assets or income to protect, get insurance until Jan 1. 2014. Get multiple rates: On COBRAhealth.com
#4 You get limited choices for more money After Jan 1, 2014, Obamacare will only offer only 4 plan levels— Bronze pays 60% of health expenses, Silver, 70%, Gold 80%, and Platinum 90%. COBRAhealth.com/jump-dump-Obamacare.htm
#5 Public option = outrageous rates Once premiums skyrocket, a Public Option with artificially low premiums would BK even more carriers. Fewer choices, less competition means health insurance prices go still higher.
#6 You get married Two people filing jointly would get fewer subsidies than if they were cohabiting or divorced. Dude, you’re combing incomes. COBRAhealth.com/jump-dump-Obamacare.htm
#7 Your family is excluded from subsidies If an employer provides you with “affordable” employee-only coverage, the rest of the family may not be get subsidized coverage through the exchanges.
#8 Your employer ends coverage Your employer drops their company health plan or offers unaffordable coverage, so you are faced with joining a guaranteed issue exchange. COBRAhealth.com/jump-dump-Obamacare.htm
#9 You need a medical procedure to work If you are prevented from getting back into the workforce by needing say a new hip, jump and dump. Get the procedure, then get back to work.
#10 You get a raise You accept a raise or promotion that pushes you over $43,320 as a single person or $88,200 as a family (Adjusted gross income), the income limits for healthcare subsidies. COBRAhealth.com/jump-dump-Obamacare.htm
What you can do now: If healthy: Get multiple quotes for a plan that meets your needs. Re shop every 6-12 months. Cancel in 2014 and jump into the exchange if you need healthcare. Use community centers and other free sources of healthcare.PRECAUTION: Without health insurance, ERcare is your alternative and very expensive.
Summary, reasons to jump and dump: Like more cash? No state insurance exchange Do not qualify for Medicaid Limited choices Sky high rates You get married Family excluded from subsidy Employer ends coverage Need treatment, one debt You like to keep your raise
About Me: I know stuff Financial Writer, Lecturer (my kids) Blogger, Wrestling Coach, Kickboxer Dad, Chef, Husband Conservative Free Marketer Hightech Redneck Former Insurance Agent and Stockbroker Many other (unfamily friendly) titles given by the left.
Connect: Craig Casey on Google Twitter.com/InsuranceCobra Facebook.com/Cobrainsurance Youtube.com/COBRAinsurance Craig@COBRAhealth.com