Posted on 01/14/2014 5:04:53 AM PST by PROCON
Nearly four in five Americans who have enrolled in Obamacare need taxpayer-funded subsidies to pay for their premiums. According to the White House, 79% of those enrolled in Obamacare need subsidies because they cannot otherwise afford the premiums that have, in some cases, nearly doubled. Only 21% did not need subsidies.
As Businessweek noted, people "earning up to four times the poverty rate—as much as $96,000 a year for a family of four"—can get Obamacare subsidies from the federal government.
(Excerpt) Read more at breitbart.com ...
I don't think that even with a 'pub Senate in November we can undo this monstrosity.
to
percentages of people that are succeeding, glitching, getting, not in system ...
I'm confused.
The law apparently is the law and people apparently ARE signing up and it is apparently slow going but it IS going.
New bumper sticker:
“Honk if I’m Paying for Your Health Insurance”
Considered a roaring success by Dems.
This is exactly what they wanted. America on welfare.
And (many of) those who had insurance that they paid for had it taken away.
Pretty silent ride you’ll have there...
“I don’t think that even with a ‘pub Senate in November we can undo this monstrosity. “
I figure if Pubbies pick up all 16 Democrat seats and keep all of theirs AND that they’d all vote to override a presidential veto we’re still roughly 5 votes short of the 67 needed.
Honk if I'm paying for your health insurance...
missed that.
How to break a bank in a few easy steps
I guess not.
social workers must be making visits and telling people, "Y'know ... they're going to drop your card unless you sign up for this new plan ..... no, it won't affect your coverage ... etc. "
That's all the proof I need to know that what I've been saying all along is true: Obamacare is nothing more than one giant wealth redistribution scheme with the Government choosing winners and losers.
Are you a taxpayer: YOU LOSE!
I don’t think the subsidy pays for everything. I think they still have to pay something.
And you are dealing with people who are used to paying for nothing. As a matter of fact, they wanted an Obamacare check every month.
Same goes for ZERO we need to expel his sorry Butt. . . . .
To the extent Obamacare was actually designed, it was allegedly intended that the majority of subsidies for lower income people would be covered by having those who do not qualify for them pay "a little extra" on their premiums - with some random "government" money (read: taxpayer funds) thrown in for good measure.
I'm no mathemagician, but the 21% cannot subsidize the 79% without their rates being something on the order of four times what they would be if they were not required to subsidize others.
So yes, it IS going...
...straight down the financial crapper.
Side Note: In other words, it is going exactly as the Obamites want it to go - so that in a couple of years they can jump in and "save" us with a "single payer" system.
The bottom line is, the old "flawed" system had myriad fewer problems than Obamacare has, and will continue to have.
I'm no mathemagician, but the 21% cannot subsidize the 79% without their rates being something on the order of twice what they would be if they were not required to subsidize others
I told you I wasn't a mathemagician.
And the insurance companies are lining up for their bailouts, too. The best way to kill ObamaCare is to refuse to subsidize the insurance companies that got in bed with Obama and Pelosi because they had written in these bailout provisions.
Call/email your Congressman and tell him to defund the insurance companies.
Not all of them though. I think they factored that in when planning this slice of hell. Subsidies go all the way up until an income somewherein the 80k range if I am not mistaken.
According to my sister who makes about $22k a year, she will still have to pay over $100 a month which is $100 a month over what she pays now...which is nothing because she has no health insurance. And her meds will cost more (?). So she isn’t happy.
State partially controlled Medical Insurance is Socialism, where competition is allowed.
State totally controlled Medical Insurance is Communism, where competition is not allowed.
Socialist Medical Insurance constitutes a partial violation of US Anti-Trust Laws.
Communist Medical Insurance constitutes a full violation of US Anti-Trust Laws.
Senator Harry Reid supports a single payor Medical Insurance system, totally controlled by the US Federal Government.
Is it Catch 22 that if you get a subsidy on Obamacare you have to claim it as income on a Fed tax return?
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