SOS: Speaking of Seniors - More ObamaCare Costs
Here are two new items on the costs of Obamacare.
One of our clients, a retired firefighter who works part time now, reported to me that he will lose ninety percent of a benefit that he had before Obamacare took effect. His current employer was contributing five dollars per hour to his 401(K) plan. Because Obamacare forced the employer to pay higher premiums for insurance for employees (with some of the coverage unnecessary), the employer can now contribute only fifty cents per hour to our client’s 401(K) plan.
On December 9, 2015, I got a phone call from a client asking for help to get a 1095A form to file with her tax return. She never got one from the Obamacare government office. She needed it to file her tax return or she would be penalized by the I.R.S. for not having health insurance. I phoned her health insurance company and a representative told me to tell her to go to www. healthcare. gov and click the “find your form” area. But, if she had trouble finding her form, she would need to call the Obamacare exchange helpline at 800-318-2596. The client has several phone lines. She told me that it took over fifty minutes of waiting on hold to talk to someone on the government helpline. Talk about government inefficiency! Obamacare is costing a lot more than what the politicians claimed it would cost.
This article is printed with the permission of the author(s). Opinions expressed herein are the sole responsibility of the article’s author(s), or of the person(s) or organization(s) quoted therein, and do not necessarily represent those of American Clarion or Dakota Voice LLC.
Comment Rules: Please confine comments to salient ones that add to the topic; Profanity is not allowed and will be deleted; Spam, copied statements and other material not comprised of the reader’s own opinion will be deleted.
Similar Posts:
- SOS: Speaking of Seniors - Helping a Retired Nurse
- SOS: Speaking of Seniors - A Satisfied Client
- SOS: Speaking of Seniors - Update for Medicare Records
- Told You So!
- SOS: Speaking of Seniors - Medicare Over Nine Months Late
Recent Comments