Health Savings Account-Health Savings Account Info

I love yanking your chain asked:


After listening to Faux Snooze, MSNBC, and CNN, I was flabbergasted to hear people don’t want to lose their Medicare–the want the government out of their health care? Really? Oh, yea, and the guy who said Hitler’s solution for the Jews was the program called “The Final Solution” and he wonders what our euthanasia will be called. Then it hit me, these are the same elderly who believe the following email and send their life’s savings, I mean the things people believe about universal health car is just as logical as the emails from Nigeria.

REQUEST FOR URGENT BUSINESS RELATIONSHIP

FIRST, I MUST SOLICIT YOUR STRICTEST CONFIDENCE IN THIS TRANSACTION. THIS IS BY VIRTUE OF ITS NATURE AS BEING UTTERLY CONFIDENTIAL AND ‘TOP SECRET’. I AM SURE AND HAVE CONFIDENCE OF YOUR ABILITY AND RELIABILITY TO PROSECUTE A TRANSACTION OF THIS GREAT MAGNITUDE INVOLVING A PENDING TRANSACTION REQUIRING MAXIIMUM CONFIDENCE.

WE ARE TOP OFFICIAL OF THE FEDERAL GOVERNMENT CONTRACT REVIEW PANEL WHO ARE INTERESTED IN IMPORATION OF GOODS INTO OUR COUNTRY WITH FUNDS WHICH ARE PRESENTLY TRAPPED IN NIGERIA. IN ORDER TO COMMENCE THIS BUSINESS WE SOLICIT YOUR ASSISTANCE TO ENABLE US TRANSFER INTO YOUR ACCOUNT THE SAID TRAPPED FUNDS.

THE SOURCE OF THIS FUND IS AS FOLLOWS; DURING THE LAST MILITARY REGIME HERE IN NIGERIA, THE GOVERNMENT OFFICIALS SET UP COMPANIES AND AWARDED THEMSELVES CONTRACTS WHICH WERE GROSSLY OVER-INVOICED IN VARIOUS MINISTRIES. THE PRESENT CIVILIAN GOVERNMENT SET UP A CONTRACT REVIEW PANEL AND WE HAVE IDENTIFIED A LOT OF INFLATED CONTRACT FUNDS WHICH ARE PRESENTLY FLOATING IN THE CENTRAL BANK OF NIGERIA READY FOR PAYMENT.

HOWEVER, BY VIRTUE OF OUR POSITION AS CIVIL SERVANTS AND MEMBERS OF THIS PANEL, WE CANNOT ACQUIRE THIS MONEY IN OUR NAMES. I HAVE THEREFORE, BEEN DELEGATED AS A MATTER OF TRUST BY MY COLLEAGUES OF THE PANEL TO LOOK FOR AN OVERSEAS PARTNER INTO WHOSE ACCOUNT WE WOULD TRANSFER THE SUM OF US$21,320,000.00(TWENTY ONE MILLION, THREE HUNDRED AND TWENTY THOUSAND U.S DOLLARS). HENCE WE ARE WRITING YOU THIS LETTER. WE HAVE AGREED TO SHARE THE MONEY THUS; 1. 20% FOR THE ACCOUNT OWNER 2. 70% FOR US (THE OFFICIALS) 3. 10% TO BE USED IN SETTLING TAXATION AND ALL LOCAL AND FOREIGN EXPENSES. IT IS FROM THE 70% THAT WE WISH TO COMMENCE THE IMPORTATION BUSINESS.

PLEASE,NOTE THAT THIS TRANSACTION IS 100% SAFE AND WE HOPE TO COMMENCE THE TRANSFER LATEST SEVEN (7) BANKING DAYS FROM THE DATE OF THE RECEIPT OF THE FOLLOWING INFORMATIOM BY TEL/FAX; 234-1-7740449, YOUR COMPANY’S SIGNED, AND STAMPED LETTERHEAD PAPER THE ABOVE INFORMATION WILL ENABLE US WRITE LETTERS OF CLAIM AND JOB DESCRIPTION RESPECTIVELY. THIS WAY WE WILL USE YOUR COMPANY’S NAME TO APPLY FOR PAYMENT AND RE-AWARD THE CONTRACT IN YOUR COMPANY’S NAME.

WE ARE LOOKING FORWARD TO DOING THIS BUSINESS WITH YOU AND SOLICIT YOUR CONFIDENTIALITY IN THIS TRANSATION. PLEASE ACKNOWLEDGE THE RECEIPT OF THIS LETTER USING THE ABOVE TEL/FAX NUMBERS. I WILL SEND YOU DETAILED INFORMATION OF THIS PENDING PROJECT WHEN I HAVE HEARD FROM YOU.

YOURS FAITHFULLY,

DR CLEMENT OKON

NOTE; PLEASE QUOTE THIS REFERENCE NUMBER (VE/S/09/99) IN ALL YOUR RESPONSES.”
Dwayne….you just keep telling yourself that, okay?
My business……that’s the whole point. People are yelling that they don’t want to give up their Medicare and have the government run a heath care plan. They honestly don’t know that Medicare IS 100% government.

Logan Lefrancois

SJReality asked:


Will Baby Boomers give up their Social Security to save the Country?

Certainly by now most Baby Boomers have at least a cool million in the savings account and if you do not, then by Conservative reasoning, it must be because you are lazy or you let a liberal handle your finances for you…if that is the case you deserve to be dirt poor in retirement and the sooner you die the better off the country will be because you won’t be draining the economy due to health issues you cannot pay for or Medicare will cover.

Several Conservative politicians are proposing the elimination of Social Security but they expect the younger generation to continue to pay in so that Baby Boomers do not go without…of course the younger generation will not be so privileged as to reap what they have sown.

If you really love your country you will make this sacrifice right? You won’t expect the younger generation to spread their wealth without a guaranteed return on their investment will you?

Yes or no…and if not, why not?

Oliva Crossland

Obnoxious Cole fan asked:


Especially more than the government.

Here’s the average monthly expenditure of a household:

http://www.consumercredit.com/docs/Budgetinyourpocket.pdf

34% Housing
18% transportation
6% out of house food
7% in house food
4% apparel and services
6% Health Care
11% Personal insurance and Pensions
5% Entertainment
and 11% Other

It’s easy to see the government isn’t as necessary as most people think. If people cut down their out of house food budget(i.e. fast food) and cut down their entertainment just slightly they could wind up with about 15% left in the “other” category that would be good for investing or putting in a savings account. Either which could, in the end, increase the average person’s wealth. Yet we see(especially with the current financial crisis) that people don’t do this stuff.

If people kept a safety net like this wouldn’t it be better than the current system? People would be a lot healthier as well.

In a sense doesn’t that also prove government involvement in our day to day life is much less necessary than most people, Republican or Democrat, realize?
The 11% “other” is mostly pointless spending that can be invested better.

There are plenty of ways for average joe to invest better.

And ? I wasn’t referring to that stuff. Not a good answer.

I was referring to stuff that directly affects the individual, not stuff that indirectly affects them.
This is NET not gross gains.

Pitiful answer Ou812 The Hated Crakker.

Net income.

Brian Novo

Growth vs Oil asked:


Should I start a testing equipment savings account along with my health care savings account and toll roads savings account. What wage will I need to afford the equipment?

Xavier Valentine

Born this way asked:


I guess these work like health savings accounts? You get a little tax break to save money to cover your own expenses when you are unemployed.

1) Do you really think many people will participate, since most working Americans don’t save diddly now?

2) Is it really so horrible that government and employers provide the insurance now, so people who lose their jobs can pay their bills and feed their families until they find another job?

3) Do Republicans lie awake at night worrying that somewhere in some corner of this land somebody who is down on their luck might be getting helped by the government?

Scott Meinders

c(^-v-*)o asked:


So costs will still be going up, but **not as fast as they would have**………where have we heard that before?? Oh yeah, unemployment continues to rise despite the stimulus and the Obama WH excuse is **it’s not rising as fast as it would have**. And the economy is not really recovering….the Obama excuse: **well it’s better than it would have been** if we hadn’t bailed out the banks.

What do you think?? Is this getting VERY old or what??

http://news.yahoo.com/s/ap/20100109/ap_on_bi_ge/us_obama_health_care

WASHINGTON – The Senate’s plan to expand health coverage to 34 million more Americans would raise costs slightly, government economic experts said in a report Saturday.

Over time, cost-cutting measures could start to reduce the annual increases in health care spending, offering the possibility of substantial savings in the long run. At the same time, however, some of the Senate’s Medicare savings could be unrealistic and cause lawmakers to roll them back, according to Medicare’s top number crunchers.

The study found that health spending, which accounts for about one-sixth of the economy, would increase by less than 1 percent than it otherwise would over the coming decade even with so many more people receiving coverage.

Blake Dominquez

Big One 0909 asked:


OKAY The “Affordable” Care Act.

But Hey, the IRS has already shut down my Health Savings Account’s ability to purchase Over-The-Counter Meds, Part of Obama’s promise that if I liked my plan, I could keep it, So why the delay in implementing the real-estate sales tax?

I am sure that some of you will deny the existence of it, so here you go, TWO sources

http://www.firstthings.com/blogs/secondhandsmoke/2010/09/17/obamacare-real-estate-tax-final-nail-in-the-re-market-coffin/

http://blog.heritage.org/2010/10/22/settling-the-question-of-a-real-estate-tax-in-obamacare/

Would the ******** being in late 2012 have ANYTHING to do with it?.
For Zombie and Other zombies: The fact that the tax is ONLY on the wealthy and their evil profit is irrelevant.

Or maybe it is more telling than we think?

Shizuko Zavitz

No Homo *EVERY1 *** BUT ME* asked:


An alternative to the socialized medicine the President wants

Pillar #1: Access to Coverage for All Americans
Makes the purchase of health care financially feasible for all
– Extends the income tax deduction (above the line) on health care premiums to those who purchase coverage in the non-group / individual market. And, there is an advanceable, refundable tax credit (on a sliding scale) for low-income individuals to purchase coverage in the non-group / individual market.
Covers pre-existing conditions
– Grants states incentives to establish high-risk / reinsurance pools. Federal block grants for qualified pools are expanded.
Protects employer-sponsored insurance
– Individuals can be automatically enrolled in an employer-sponsored plan. Small businesses are given tax incentives for adoption of auto-enrollment.
Shines sunlight on health plans
– Establishes health plan and provider portals in each state, and these portals act to supply greater information rather than acting as a purchasing mechanism.
Pillar #2: Coverage is Truly Owned by the Patient
Grants greater choice and portability
– Gives patients the power to own and control their own health care coverage by allowing for a defined contribution in employer-sponsored plans. This also gives employers more flexibility in the benefits offered.
Expands the individual market
– Creates pooling mechanisms such as association health plans and individual membership accounts. Individuals are also allowed to shop for health insurance across state lines.
Reforms the safety net
– Medicaid and SCHIP beneficiaries are given the option of a voucher to purchase private insurance. And states must cover 90% of those below 200% of the federal poverty level before they can expand eligibility levels under Medicaid and SCHIP.
Pillar #3: Improve the Health Care Delivery Structure
Institutes doctor-led quality measures
– Nothing suggested by the Council for Comparative Effectiveness Research can be finalized unless done in consultation with and approved by medical specialty societies. It also establishes performance-based quality measures endorsed by the Physician Consortium for Performance Improvement (PCPI) and physician specialty organizations.
Reimburses physicians to ensure continuity of care
– Rebases the Sustainable Growth Rate (SGR) and establishes two separate conversion factors (baskets) for primary care and all other services.
Promotes healthier lifestyles
– Allows for employers to offer discounts for healthy habits through wellness and prevention programs.
Pillar #4: Rein in Out-of-Control Costs
.
Reforms the medical liability system
– Establishes administrative health care tribunals, also known as health courts, in each state, and adds affirmative defense through provider established best practice measures. It also encourages the speedy resolution of claims and caps non-economic damages.
Pays for the plan
– The cost of the plan is completely offset through decreasing defensive medicine, savings from health care efficiencies (reduce DSH
Hell no I’m suprised how many commies reside on Y!A.

Jolie Presnar

Judicator asked:


Anything that sounds interesting? Or a living dead platform that needs to be put to rest?

What don’t you like?

-Taxation-

Replace the progressive tax with a 15 % National Flat Tax or a 30% Consumption Tax (excluding food and other items necessary for survival).

States have the ability to levy any other form of taxation they deem necessary.

-Foreign Affairs-

NATO was designed with a specific purpose which has been completed, making it outdated, thus a new military alliance should be established to replace it to reflect modern relations.

Reduce participation in international organizations and treaties.

-Health care / Insurance-

Since any blanket plan that covers a political region as diverse as the entire US would be inefficient, states have the sole ability to set up any system of healthcare (private or public) for themselves, designed to meet any special needs, desires, or unique circumstances of the state.

-Welfare-

2/3’s of the US budget is mandatory, consisting of SS, Medicare, Medicaid, and welfare. Mandatory spending is more than twice as high as it was in the late 50’s. Mandatory spending is constant and inflexible, thus as a high priority, we need to focus on controlling cost and increasing efficiency of our programs.

The exponentially growing costs of part D which was implemented in the early 2000, is one of the recent legislations responsible for the increase.

Section 8 has been identified by criminologist for the rise in violent crime in mid size cities and suburban settings. It has also served to spread the reaches of gang activity across the nation.

Social Security is currently unstable due to later entry in the job market by teenagers and the increased longevity of our elderly. In its current state, SS pays off current expenses and does not serve as a tool of savings. Since accounts are not separated more is able to be removed than placed in without consequence, and the unpredictability of a return investment is always susceptible to loss. As a short term patch, the age of SS needs to be increased. The long reaching goal is to return accounts back to their individual status and let capital interest and savings serve its role in leveling consumption levels.

-Crime-

No automatic repeal in capital cases (you can still repeal for mistakes and flaws).

Capital sentences are to be carried out within 3 years after sentencing (for all new cases, not older ones).

Length of incarceration for all non capital felonies need to be reduced, while removing TVs, weight training equipment, coffee, and any other luxury items that are not conducive to reducing recidivism. As it would save money with fewer years of incarceration and less required commodities, which could then be given to other sectors such as rehabilitation, courts, etc.

Tort Reform and higher penalties for false lawsuits
@anger

Thanks for the commentary, but I disagree with the riots, the level of rioting/revolt would be the same as limited movement or even complete isolation is allowed. A quick and sweat approach also allows for more money into programs such as training, education, etc.

Some sectors even have tent cities where the chain gang is currently enforced, and the level of control and security is strong. So I don’t think removing these appliances would be a long term source of upheaval.
@Avinue

Thanks for the input, my reasoning for food at any rate was that, a consumption tax would hurt the poor unjustly, unless it spared basic necessities, I suppose certain foods can be taxed to change dietary choices.
Yeah, I don’t know “were” I got that, sorry about any spelling/grammar errors, I usually type as I think and I forget to proof read.

Shirley Flagg

Growth vs Oil asked:


I noticed that if we get a report that says less jobs lost not even gained but less lost then we get close to $4 gallon. So should I start a fuel savings account along with my health care savings account, saving account for checking for lead paint toys and killer foods, savings account for monthly bills for roads, and my savings account to buy my own body armor if I am drafted. I just want to be prepared for the Republican take over.

Hope Khounborine