See here for one of the latest revelations about how basically unfair various aspects of the bill turn out to to be. As the AP article explains two families with same income would pay significantly different health insurance premiums to the exchange based on what type of income they receive.This problem seems to be tied to the definition of income used in the statute.
But it gets even worse, more folks become eligible for Medicaid based on the law's wording.
Medicare's top number-cruncher is warning that up to 3 million middle-class people in households that get at least part of their income from Social Security could suddenly become eligible for nearly free coverage through Medicaid, the federal-state safety net program for the poor. Chief Actuary Richard Fosters says that situation "just doesn't make sense."
1 comment:
In the beginning, a social takeover of a private market seems like a free lunch. Millions are given access to good quality services at less than prior prices.
Then, payments for those services are reduced to meet political reality, as higher taxes fail to produce higher revenue, and greater numbers of workers find no work at all.
Then, the services fall from good to poor quality, and suffer long wait times for any services.
The Socialist motto wins in the end: They pretend to pay us and we pretend to work.
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