Friday, October 28, 2011

Another unpleasant surprise from Obamacare

By Diana Furchtgott-Roth
        10/27/11

Whatever the disadvantages of the new health care law, Obamacare proponents appeared to be on solid ground when they said that it would extend affordable health insurance to millions of Americans.No longer.

At yesterday's hearing of the health subcommittee of the House Committee on Oversight and Government Reform, Cornell University economics professor Richard Burkhauser showed that in 2014, millions of low-income Americans may be unable to get subsidized health insurance through the new health care exchanges.

It's true that under Obamacare, firms with more than 49 workers have to offer affordable health insurance coverage to full-time employees or pay a penalty. But the coverage only has to be for an individual policy, not a family policy.

And what most people don't know is that if a worker receives coverage for a single person from his employer, his family will not be able to get subsidized health insurance coverage under the exchange. the rest

Issa Report: Obamacare Hurts Married Couples

President Obama's Health Care Plan Discriminates Against Families with New Marriage Penalty and Moves 8 Million Taxpayers Off Rolls
WASHINGTON, Oct. 27 -- The House Oversight & Government Reform Committee issued the following news release:

President Obama's health care plan creates a new marriage penalty that discriminates against families and many workers with employer-sponsored insurance. The law will also remove as many as 8.1 million filers off the tax rolls. After receiving the President's new refundable tax credit, some 11.3 million people will have negative income tax liability and will no longer pay the cost of government by contributing federal income taxes...

1 Comments:

At 11:59 PM, Anonymous Anonymous said...

Missing from this discussion is the fact that today’s working families have multiple wage earners, often with part-time employment. The burden for an employer to provide family coverage for a wage earner is overwhelming and now (under ACA) if they provide coverage for their employee, the family is punished! How tragic.

There is a solution being offered for employers, part-time workers, and working families. http://healthcare-economist.com/2010/09/15/health-insurance-for-part-time-workers/ explains how this works. A group called LyfeBank has figured a way for family members or part time workers to pool money from each job to buy health insurance within the current tax structure.

 

Post a Comment

<< Home