TAMPA BAY, Fla., July 14, 2017 /PRNewswire/ -- Insurance Processing Corporation (IPC) announces the National Grand Opening of DonaldTrumpHSA.com their platform for enrollments of financial service products including low-cost health insurance, life insurance and tax-free Health Savings Accounts (HSA). IPC was the 1st to market tax-free HSAs in the United States in 1996 when they were called tax-free MSAs. HSAs are now the center-piece of Republican Health Care Reform.
The Nation is in a political debate about the future of Obamacare and IPC management believes this is the time to share their knowledge to help frame the political debate. President Trump correctly said, "Obamacare is dead." President Trump also said, "We will replace Obamacare with tax credits and enhanced Health Savings Accounts." Hillary has made it well known that Democrats should resist President Trump's mandate to replace Obamacare. Warren Buffett is following Hillary's advice and it is useful to consider what Buffett said.
To undermine President Trump's replacement of Obamacare Warren Buffett said, "So it is a huge tax cut for guys like me… And when there's a tax cut, either the deficit goes up or they get the taxes from somebody else." He asserted, "If the bill that passed the House with 217 votes had been in effect this year, I would have saved — I can give you the exact figure. I would have saved $679,999." Billionaire Buffett is a Democrat who supported Hillary to beat President Trump.
Ron Greiner from DonaldTrumpHSA.com, said, "Buffett's little $700K tax bill is nothing compared to what Obamacare saves Buffett companies by switching their liabilities onto the backs of the American taxpayer. Switching just one cancer patient off of Buffett's liabilities can save him millions."
When an employee gets cancer and becomes too sick to work they receive a COBRA notice so they can pay the entire premium. However, Obamacare provides a Special Enrollment Period (SEP) where taxpayers pay to switch this medical liability away from their employer's insurance and onto the Individual Market (IM). Greiner warns, "The next time you are talking with an HR person when they are selling you insurance ask them if they are licensed to sell insurance. Prepare to be shocked with their answer."
All billionaire employers benefit from Obamacare. Greiner insists, "Billionaire Rupert Murdoch of FOX is selling insurance to FOX 13 employees in Tampa bay that they lose if they become too sick to work and then switched at the expense of Federal Taxpayers. FOX isn't fair and balanced with Republican solutions. We enrolled the 1st HSA the same month FOX News was born. FOX News gives more air time to Dana Perino's dog Jasper than the tax-free HSA, the center-piece of Republican Health Care Reform. Chris Wallace spins the insurance term 'Guaranteed Issue' into 'Pre-Existing Protections' to poorly defend the nightmare of Obamacare."
Greiner predicts, "In the future the term Obamacare will mean the biggest scam in history. Bernie Madoff's $65 billion dollar scam is small in comparison."
It's not just billionaires that are dumping their liabilities onto the American taxpayer, governments are doing it too. Iowa taxpayers pay over $1,200 a month for a State employee to add one child to the State employees' Blue Cross Select PPO. Greiner said, "This is highway robbery. The employees don't care how much it costs because taxpayers are paying the bill. When an employee gets too sick to work Obamacare's magical SEP has Federal Taxpayers pay to switch the liability to a different insurance company to help Blue Cross." Senator Grassley (R-IA) told Iowa Public Radio about the Cruz amendment, that it may be "subterfuge to get around pre-existing conditions." Greiner explains, "Grassley is riding shotgun for Obamacare and Blue Cross and supports 'Guaranteed Issue' mandates that make health insurance cost 3 times more for poor young Iowa families."
Iowa has only one insurance company called Medica on the Obamacare Exchange in 2018 and they requested a 43.5% rate increase. Currently, the smaller 2017 premium for a 30-year-old couple with 2 children in Ames is $1,112 a month with a deductible of $6,400 per person. This family can get low-cost insurance at DonaldTrumpHSA.com for the rest of the year for $374.23 a month with a smaller $2,500 deductible. If this family saves $6,750 in their tax-free HSA at the bank they save $2,025 in taxes if they are in the combined 30% Federal and State income tax bracket. Starting on 8/1/2017 their premium for the remainder of the year is $1,871 which means they save $154 more in taxes than the cost of their health insurance. Greiner says, "It's not magic it's just math and sky-high taxes."
HSA Voice: Pam Greiner, President IPC
About IPC: IPC is based in Tampa and they say, "Get your HSA from where the palm trees sway!
View original content with multimedia:http://www.prnewswire.com/news-releases/donaldtrumphsacom-is-launched-to-prosper-with-obamacare-repeal-300488377.html