Wheels coming off
ObamaCare policies will cost more, cover far fewer than promised
By BETSY MCCAUGHEY
The central parts of ObamaCare don’t roll out until 2014, but the wheels are already falling off this clunker. The latest news from four federal agencies is that 1) insurance will be a lot less affordable than Americans were led to expect, 2) fewer people than promised will get insurance and 3) millions of people who have coverage through a job now will lose it, thanks to the president’s “reforms.” Oh, and children are the biggest victims.
The Affordable Care Act is looking less and less affordable.
Start with the IRS’s new estimate for what the cheapest family plan will cost by 2016: $20,000 a year to cover two adults and three kids. And that will only cover 60 percent of medical bills, so add hefty out-of-pocket costs, too.
The next surprise is for parents who thought their kids would be covered by an employer. Sloppy wording in the law left that unclear until last week, when the IRS ruled that kids won’t be covered.
Starting in 2014, the law will require employers with 50 or more full-time employees to offer coverage or pay a penalty. “Affordable” coverage, that is — meaning the employee can’t be told to contribute more than 9.5 percent of his salary. For example, a worker earning $40,000 a year cannot be required to pay more than $3.800.
But the law doesn’t specifically mandate family coverage — and now the administration says that won’t be required.
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and this is a surprise from the "liar in chief"? hmmmm don't think so. remember; No One read the bill before it was passed...
ReplyDeleteI wish the law was if you voted for odama you had to take this crap deal. But if you voted republican you could stick with your old plan. Or get coverage over state lines.
ReplyDeleteOf course it was all smoke and mirrors. That's why they held off implimentation until after the election, something obama supporters and voters were too stupid to realize. It's too bad that they are responsible for ruining it for the ones who voted the other way. This is why obama supporters/voters need to be shunned and looked down upon. Enough of tolerence. They have to be put in their place by good smart society now otherwise things will get worse.
ReplyDeleteWhy would anyone ever think Obama was capable of putting together a good common sense healthcare bill?
ReplyDeleteHe was a failure as a state and fed lawmaker. His cabinet posts and picks are from the bottom of the barrel as no one wants the job (this evidenced by the lack of interest and takers shown in quite a few of his cabinet posts this term.)
I truly believe that as soon as people see how bad this law is they will demand it be repealed. Don't forget, Obama had to bribe 3 or 4 Senators to get the final votes he needed for passage.
ReplyDeleteHaHaHa~Another Obama cluster. When are you Obama supporters going to stop lying to yourselves and admit this jerk couldn't pour pee out of a boot with the directions written on the heel.
ReplyDeleteEverything and anything he has ever touched has turned into a pile of stinking crap.
Even if the dems had read the bill we are giving them too much credit since chances are they wouldn't have understood it at all.
ReplyDeleteThe bill was written by (and for) the insurance companies specifially HMO's to line their pockets. Another sector who has Obama's head up their butts and he does whatever they tell him to do, no quesions asked.
Obamacare supporters were all jazzed up over the thought that now all would be "entitled to healthcare" when in fact it was healthcare COVERAGE something which was already addressed in HIPAA. What Obamacare does is forces you to buy insurance and if you don't a penalty will be deducted out of any tax refund you are due. This applies to anyone making over $9500 a year.
Once these doofus' who were led to believe lies about obamacare get a ZERO refund in the mail all hell is going to break lose.