Thing is - it's not really a subsidy. It's Uncle Sam paying you some of your money back for subsidizing desperately sick people. If Uncle Sam doesn't pay you back, you are in fact bearing the full cost of subsidizing those people. Obamacare is essentially a welfare program where people who can't afford to subsidize the sick end up subsidizing the sick. What it really should have done (to pay for subsidies to the sick) is increase earned income, interest, dividend and capital gains taxes to 50% for people earning $10m or more (thereby wiping the smug grin off Warren Buffett's face), instead of punishing healthy but not wealthy people who can't afford to buy health insurance. But that would have pissed off the Democratic Party's wealthy backers.
You are correct. It's actually a wealth distribution scheme that STEALS income from honorable mostly white workers to gives it dishonorable mostly colored deadbeats. It's purpose is the economic weakening of America, which BO and his ilk don't care how it happens.