Monday, June 03, 2013

Obamacare? Thanks, But No

Affordable health care. Lower health insurance premiums. You can keep your doctor AND your current insurance plan. Health insurance companies can no longer discriminate.

I mean, what's not to love about all that?

Maybe you should ask the folks surveyed by an insurance quoting firm and reported by CNBC, not exactly a bastion of conservative politics.
And less than half of those in the survey released by think they'll get better health care after Obamacare takes full effect. Nearly 50 percent believe the ACA will make it more difficult for them to get tests and procedures done in a timely manner, according to the phone survey of 1,001 adult Americans conducted in early May.
And a whopping 68 percent of low-income Americans aren't sure they qualify for tax credits that would subsidize their purchase of health insurance—despite they fact that they almost invariably will qualify, the survey found. That population is most likely to benefit from government subsidies under the health-care reform law.
Is someone finally waking up from the ether? Is the truth beating back 6 years of political rhetoric?
Conservative talk radio and news stations such as Fox have been saying this for years but it was dismissed by the administration and those who voted for Obamacare.
Lest you forget, Obamacare was made law in a back room deal pushed through the Senate as a tax bill in order to bypass the 60 vote requirement (which they would not have been able to muster). Only Democrats voted for Obamacare. Not a single Republican endorsed or voted for the bill.
A total of 61 percent of the uninsured they don't having insurance because they can't afford it, the survey found. And a total of 58 percent of all adults—insured or otherwise—didn't know if they will be eligible for tax credits to offset their purchase of health insurance, even though a married couple with two kids could make up to $94,000 and still qualify.
Breaking news. If you can't afford health insurance now it won't get any better in 2014 unless you can get a mammoth taxpayer wealth redistribution subsidy.
"If only the sick enroll," Adams warned, "it could be very precarious for the industry and the cost of insurance."
You mean like what happened with PCIP?
The risk pool funded with federal taxpayer dollars that allowed almost anyone that had been refused health insurance to buy coverage at low subsidized rates ran out of money and stopped accepting new applications in March.
Yes, that program.
Obamacare is sounding like the Bride of PCIP.

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