Monday, June 10, 2013

Pelosi on Obamacare: Hey now, I never said premiums wouldn’t go up

I don’t remember saying that everybody in the country would have a lower premium, because everybody in the country doesn’t have health insurance, so how could it be lower.
  Tens of millions will still not have coverage even once Obamacare is in full swing, which is strange since the purported goal of the law was to cover the those very people. There is also an “out” built into the Affordable Care Act in the event they find it unaffordable:
This analysis suggests that the uninsured under Obamacare will be heavily low-income, even though many of those people will have access to subsidized health insurance. Still, some might not find it affordable, and the health care law does allow for an exemption from the individual mandate for those who cannot find affordable coverage (defined as insurance that costs less than 9.5 percent of an individual’s income).
Possibly the biggest failure of Obamacare is that it doesn’t provide those who can’t afford the Affordable Care with a cheap mini-plan that would at least cover their treatment for an accidental irony overdose.

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