Blog: When is a fee not a fee? When it is an ObamaCare tax:
"I asked for a breakdown of the amount based on my premium.
In Illinois, these fees (which really is a tax going to the Feds) is 3.9% of the premium.
Here is the breakdown -
$58.70 is the "Health Insurer Fee" (which remember is a tax going to the Feds) and of that, $5.25 per month is the so called "Reinsurance Fee", also a tax.
Calling it a fee is misleading when everything is really a tax.
And the State of Illinois will receive approx .58 (that is 58 cents), (That is the balance of the 3.9% - $59.28).
SO the "health insurer and reinsurance fees" is just a made up name for the Obama admin's tax on us.
I also did ask when BCBSIL was notified about this Fee/Tax and the lady I spoke with said it was somewhere before September of 2013.
(AND ----If I had gone with a policy with a "new" BCBSIL policy which I thought I had to until things got changed, --- that 3.9% of the premium was already built into all of the 2014 policies.
Nice, huh?
A Federal tax hidden inside the policy premiums."
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