If my brother buys insurance himself, the ACA makes his less-than-full wallet even thinner. The best guess we have now is that the law’s mandates will double the cost of health insurance for young men. I’m proud that my brother works two jobs to pay his way through life, but he doesn’t make very much for working so hard. And yet, if he thought health insurance was too expensive to buy before he got beat up, costs are now soaring even higher. –Values and Capitalism
15 public school districts in Indiana have filed suit against the implementation of the law:
The suit names the Internal Revenue Service, the United States Department of the Treasury and the United States Department of Health and Human Services as defendants. Indiana is the lead plaintiff in the suit. The lawsuit revolves around the ACA’s mandate that employers provide health insurance to all employees who work more than 30 hours per week. According to the lawsuit, the Affordable Care Act will impose significant penalties on employers who fail to provide all of their full-time workers with affordable, minimum coverage. The state and schools said the penalties would result in “catastrophic financial consequences for Indiana public school corporations.” To avoid those repercussions, school districts have reduced the hours for non-benefit eligible employees like bus drivers, instructional aides, cafeteria workers and substitute teachers. Schools said the long-term effects of these reduced hours will have a “long-term detrimental impact” on the education of Hoosier students. -Washington Free Beacon
More than 800,000 New Jersey residents will be forced to find different health insurance as plans that no longer cover the Affordable Care Act’s requirements are phased out, the New Jersey Star-Ledger reported on Sunday. Those in the individual and small-employer markets will only have three insurance providers available through the health insurance exchange. Of the 800,000 needing new plans, at least 50,000 senior citizens will need to find new plans. -Washington Free Beacon
The San Francisco Chronicle published an article yesterday about how to take advantage of federal Obamacare subsidies, with the ominous headline “Lower 2014 income can net huge health care subsidy.” The author, Kathleen Pender, correctly points out that there is now a huge and abrupt “cliff” in health care costs for many Americans: earn $1 more than the prescribed limit for being on the federal health-subsidy dole, and you’ll have to pay many thousands — even tens of thousands — of dollars more next year for health insurance than you would otherwise. So obviously the smart thing to do would be to find ways to “lower your income.” After recommending a few accounting tricks (but also noting that most standard tricks won’t work), on page 2 of the article Pender gets to the point: “You can also consider reducing your 2014 income by working just a bit less.” –PJ
Computer genius John McAfee has dropped a bombshell on Obamacare enrollees warning Fox News in the video below that Obamacare websites have no way at all to protect those who enroll from hackers robbing their bank accounts blind. With Obamacare now floundering helplessly in the water with problems being reported across the nation, will this latest bombshell from computer security expert McAfee be the bomb that sinks the Obamacare sinking ship? Will YOU enroll in it knowing this? Obamacare websites have “no safeguards” to protect Americans who enroll in the health insurance exchanges from hackers who will “empty your bank account,” according to internet security pioneer John McAfee. –Red Flag
These are the facts:
Obamacare is a redistribution scheme which takes money from people who lower levels of insurance coverage and gives it to those who need higher levels of insurance coverage. The worst hit will be younger men and those who have moderate to high levels of income and just don’t need or want all the coverage required under the law (such as the elderly who have incomes independent of government largess).
Obamacare is a technical disaster, exposing thousands (if not hundreds of thousands) to potential side effects of identity theft, loss of privacy, etc. Income verification cannot be implemented, the exchanges aren’t working, and lots of private information is slipping out all over the place.
Obamacare was not passed into law through legal means. Instead it was passed through last minute switches, with one of the primary supporters arguing, “we must pass this bill to find out what’s in it.”
Obamacare is not Constitutional. Either it was a revenue bill illegally started in the Senate, or it is a fine for Americans who choose not to purchase insurance. Only by arguing it is not a revenue bill that imposes a tax (a legal fiction), did the bill pass muster before the Supreme Court.
Obamacare is not just. It is being applied only to a subset of the people, with certain US Government employees receiving additional “subsidies” in order to meet the laws’ requirements, and many companies and groups being exempted from the various mandates.
And if you say, “My rates went down!” Remember they went down by taking money from someone else — not because the actual cost of care has decreased in any way. I don’t know what sort of society we live in that people are now proud of taking money out of other people’s pockets through the threat of force at the hands of government agents.
Obamacare simply needs to go. It’s not affordable, it’s not about health care, and it wasn’t a legal act of Congress, so it fails every one of its three names — “the Affordable Care Act.”
Start over, Congress. Start over with a law that unlinks insurance from employment by killing the tax credits, and frees the free market to build a health system that works for everyone.