Tuesday, July 09, 2013

The ObamaTax hits just keep on coming

As we noted earlier, "[m]illions of smokers could be priced out of health insurance because of tobacco penalties in [The ObamaTax]."

Typically, insurers ding smokers (well, tobacco users, really) 30% or more. Under the ObamaTax, this is likely to rise to 50% over non-smoker rates.

That is, they were supposed to.

But just like the (Evil) Employer Mandate, this integral part of the ObamaTax is is coming up short:

"The Obama administration ... has quietly notified insurers that a computer system glitch will limit penalties that the law says the companies may charge smokers."

Actually, given that Ms Shecantbeserious (et al) can't confirm employer group eligibility, and will rely on the "honor system" for subsidies, how many folks would admit to tobacco use anyway? And since plans are guaranteed issue, who cares how accurately an application is completed?

After all, who's to know?
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