Jumping and Dumping Obamacare


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A congressional like method of getting medical care without money.

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  • Jumping and dumping is a huge problem in MA, and I do not think they will be able to stop it. 'Healthcare for all' should mean just that.
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Jumping and Dumping Obamacare

  1. 1. 10 Reasons to Jump and Dump REBEL AGAINST THEOBAMACARE MANDATE by Craig J. Casey
  2. 2. 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
  3. 3. #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
  4. 4. #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
  5. 5. #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
  6. 6. Health Insurance Tip: If you have assets or income to protect, get insurance until Jan 1. 2014. Get multiple rates: On COBRAhealth.com
  7. 7. #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
  8. 8. #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.
  9. 9. #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
  10. 10. #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.
  11. 11. #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
  12. 12. #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.
  13. 13. #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
  14. 14. 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.
  15. 15. 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
  16. 16. 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.
  17. 17. Connect: Craig Casey on Google Twitter.com/InsuranceCobra Facebook.com/Cobrainsurance Youtube.com/COBRAinsurance Craig@COBRAhealth.com