Tuesday, September 05, 2017

It's Working (and Better Than Expected)!

Uh-oh. Looks like someone misspelled "3000% rate decrease:"

"Millions who buy health insurance brace for double-digit increases"

The article says that this most directly hits those of us who don't qualify for subsidies, but that's not really true: we end up paying it twice.

How's that, you ask?

Well, if we make enough not to qualify for a subsidy, then we're paying taxes, and thus subsidizing those who do qualify. Their rates are doubling, too - they just don't feel the pinch quite as bad.

Thanks to thee and me, of course.

[Hat Tip: FoIB tsrblke‏]
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