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To: Red in Blue PA

Dumb question...but a simple one:

Who pays the subsidy?

The rat websites are full of ‘success stories’...I just read one where a fellow and his wife got a ‘Gold’ plan, which would normally be $750/month for $450/month, after subsidy.

They are all cheering, of course, because Uncle Sugar is helping to pay for part of it. But has anybody explained exactly where this subsidy comes from?

Does it come from the general fund? Are the medical device tax and tanning tax supposed to cover this? Is money being transferred out of Medicaid?

Its a simple question, with a seemingly simple answer - we pay for it. But how, and where in the budget is all this fairy dust subsidy being accounted for?


11 posted on 10/16/2013 2:38:01 PM PDT by lacrew (Mr. Soetoro, we regret to inform you that your race card is over the credit limit.)
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To: lacrew
Before Obamacare, the “gold” plan would have been $400 a month anyway. The subsidy is nothing more than a big payday to Obama’s new friends, the insurance industry.
14 posted on 10/16/2013 2:43:26 PM PDT by tobyhill
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To: lacrew
has anybody explained exactly where this subsidy comes from?

"From Obama's stash" (Obamavoter on TV in '09)

20 posted on 10/16/2013 2:57:19 PM PDT by MUDDOG
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To: lacrew
Who pays the subsidy?

Theoretically, the young -- who are being over-charged. And those who don't choose to be insured -- and pay the penalty.

In actual fact, since the young won't choose to be insured -- because they are being over-charged -- and will choose the cheaper penalty, it will be the taxpayers who end up paying the subsidy.

Of course...

The GAO now estimates the total net cost of Obamacare to the taxpayers at 2.6 trillion over ten years (vs 0.9 trillion when the bill was passed). But it will end up being over 5 trillion by the time it's all said and done.

If this was all about insuring the uninsured, why, oh why, didn't we just buy them all a policy?

24 posted on 10/16/2013 3:12:01 PM PDT by okie01 (The Mainstream Media: Ignorance On Parade)
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To: lacrew
Who pays the subsidy?

Your great grand kids...

30 posted on 10/16/2013 3:36:37 PM PDT by Popman (Liberal wars are about killing people for humanitarian reasons...)
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To: lacrew

“No....seriously.....the lunch is free. We do have a $10 cover charge, though.”

“What’s the cover charge for?”

“Entertainment.”

“Entertainment? I don’t see any band.”

“No, the entertainment is for me. I get really entertained seeing dumbs**ts like you who think there is such a thing as a free lunch.”


35 posted on 10/16/2013 4:42:54 PM PDT by blueunicorn6 ("A crack shot and a good dancer")
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