There’s so much to say about this, it’s difficult to know where to start, but, I guess the first thing to say is…… No Sh*t!!!! You dumbasses.
It’s called the Affordable Care Act, but President Obama’s health care law may turn out to be unaffordable for many low-wage workers, including employees at big chain restaurants, retail stores and hotels.
That might seem strange since the law requires medium-sized and large employers to offer “affordable” coverage or face fines.
You see, the common misconception was that the poor people would simply get insurance for free. That was never the case, nor, the intent. Obamacare requires the poor to buy insurance they neither wanted, nor could afford.
But do the math from the worker’s side: For an employee making $21,000 a year, 9.5 percent of their income could mean premiums as high as $1,995 and the insurance would still be considered affordable.
Even a premium of $1,000 — close to the current average for employee-only coverage — could be unaffordable for someone stretching earnings in the low $20,000’s……
Another thing to keep in mind: premiums wouldn’t be the only expense for employees. For a basic plan, they could also face an annual deductible amounting to $3,000 or so, before insurance starts paying.
“If you make $20,000, are you really going to buy that?” asked Tracy Watts, leader of the health care group at Mercer, a major benefits consulting firm.
And low-wage workers making more than about $15,900 won’t be eligible for the law’s Medicaid expansion, shutting down another possibility for getting covered.
Also, don’t forget the co-pays and the typical 80%/20% split.
The fact is, none of this is affordable for people even making $40,000 if they have a family with children. Consider the numbers above. $2000/yr is quite good if you’re insuring spouse and children. As the article points out, in basic coverage, you don’t see a dime until your deductible is met. So, one is easily out $4,000 to $5,000 before one dime is realized from the insurance company. And, you have to amass about $7,000 in out-of-pocket medical expenses before you near the breakeven point for typical health insurance. Tell me what family can afford nearly 20% of their income…. not disposable income, but, gross income for health coverage?
You see, Dems did absolutely nothing to confine the costs of healthcare. Employers and employee who could afford the insurance were already buying insurance. In this regard, all this law did, was to require employers and employees who couldn’t afford it, to buy it. Of course, leftwing nutjobs, would hear none of this when I, and many others, pointed this basic fact out.
This law was designed to keep poor people poor, and to ration the care of the elderly.
Here’s an insipidly stupid quote from Zero……
“Let’s make sure that everybody who is out there working hard and doing the right thing, that they’re not going to go bankrupt because they get sick, that they’re going to have health care they can count on,” Obama said in a Chicago appearance last summer during the presidential campaign. “And we got that done.”
You see, Zero has no concept of what he just did to poor people. His stupidity, ignorance, and unwarranted arrogance doesn’t allow for him to learn from people who know. However, assuming not all Dems reach the depths of Zero’s stupidity, ignorance, and unwarranted arrogance, we know some Dems did absolutely know what they were doing to the poor.
Look for riots this time next year.