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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (319401)	8/12/2009 3:09:07 PM
From: goldworldnet	1 Recommendation Respond to of 793696

Rec Robert's post. I did. * * *

To: TideGlider who wrote (319401)	8/12/2009 3:12:34 PM
From: FJB	3 Recommendations Read Replies (1) \| Respond to of 793696

Your comment was funny initially, then it made me mad. See following gibberish... --------------------------------------------------------------- 12 SEC. 1201. IMPROVING ASSETS TESTS FOR MEDICARE SAV13 INGS PROGRAM AND LOW-INCOME SUBSIDY 14 PROGRAM. 15 (a) APPLICATION OF HIGHEST LEVEL PERMITTED 16 UNDER LIS TO ALL SUBSIDY ELIGIBLE INDIVIDUALS.— 17 (1) IN GENERAL.—Section 1860D–14(a)(1) of 18 the Social Security Act (42 U.S.C. 1395w– 19 114(a)(1)) is amended in the matter before subpara20 graph (A), by inserting ‘‘(or, beginning with 2012, 21 paragraph (3)(E))’’ after ‘‘paragraph (3)(D)’’. 22 (2) ANNUAL INCREASE IN LIS RESOURCE 23 TEST.—Section 1860D–14(a)(3)(E)(i) of such Act 24 (42 U.S.C. 1395w–114(a)(3)(E)(i)) is amended— VerDate Nov 1 (A) by striking ‘‘and’’ at the end of sub2 clause (I); 3 (B) in subclause (II), by inserting ‘‘(before 4 2012)’’ after ‘‘subsequent year’’; 5 (C) by striking the period at the end of 6 subclause (II) and inserting a semicolon; 7 (D) by inserting after subclause (II) the 8 following new subclauses: 9 ‘‘(III) for 2012, $17,000 (or 10 $34,000 in the case of the combined 11 value of the individual’s assets or re12 sources and the assets or resources of 13 the individual’s spouse); and 14 ‘‘(IV) for a subsequent year, the 15 dollar amounts specified in this sub16 clause (or subclause (III)) for the pre17 vious year increased by the annual 18 percentage increase in the consumer 19 price index (all items; U.S. city aver20 age) as of September of such previous 21 year.’’; and 22 (E) in the last sentence, by inserting ‘‘or 23 (IV)’’ after ‘‘subclause (II)’’. 1 (3) APPLICATION OF LIS TEST UNDER MEDI2 CARE SAVINGS PROGRAM.—Section 1905(p)(1)(C) of 3 such Act (42 U.S.C. 1396d(p)(1)(C)) is amended— 4 (A) by striking ‘‘effective beginning with 5 January 1, 2010’’ and inserting ‘‘effective for 6 the period beginning with January 1, 2010, and 7 ending with December 31, 2011’’; and 8 (B) by inserting before the period at the 9 end the following: ‘‘or, effective beginning with 10 January 1, 2012, whose resources (as so deter11 mined) do not exceed the maximum resource 12 level applied for the year under subparagraph 13 (E) of section 1860D–14(a)(3) (determined 14 without regard to the life insurance policy ex15 clusion provided under subparagraph (G) of 16 such section) applicable to an individual or to 17 the individual and the individual’s spouse (as 18 the case may be)’’. 19 (b) EFFECTIVE DATE.—The amendments made by 20 subsection (a) shall apply to eligibility determinations for 21 income-related subsidies and medicare cost-sharing fur22 nished for periods beginning on or after January 1, 2012. VerDate Nov