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Facing the hard facts of Obamacare

  

Category:  Op/Ed

By:  vic-eldred  •  last year  •  0 comments

Facing the hard facts of Obamacare
“They [the enhanced subsidies] didn’t have an income limit. … They have zero-premium policies, so people don’t even know they’re covered. Insurance companies are incentivized to auto-enroll people, and so it’s become a money maker factory for insurance companies,” Thune said.

Link to quote: ObamaCare sticker shock begins as open enrollment meets shutdown deadlock

As the government shutdown lingers on, one of the issues that democrats pinned to it is the problem of Obamacare, which is the reason democrats gave for shutting down the government.

Here is the background to the story. You'll never get the truth from the dems. We were all told once upon a time that Obamacare was going to be similar to a single payer system and that it would make health care cheaper. It was based on bringing so many people into its system, especially young people who wouldn't use it much and subsidize those who needed it, that it would be fairly sustainable. Supposedly insurance companies would manage their costs to get in on it. It didn't take long to realize that all of those assumptions were dead wrong.

On top of it all certain people (illegal aliens) eventually flooded the system. Eventually Obamacare needed a subsidy and that subsidy began escalading. During the Covid pandemic congress passed a massive subsidy. It was the idea of democrats and to make it more palatable they placed a sunset clause on it, thus these particular subsidies were set to expire now that the covid pandemic is largely over. It has now expired, but democrats want it back.


From the Paragon Health Institute:

"The truth? Premiums are expected to rise by $1,665, or 20%, on average, a Paragon Health Institute study found — yet the expiring subsidies account for only four  of those percentage points, or just $333.

Fact is,  most  ObamaCare subsidies are  not  expiring.


What’s set to vanish is merely the  added  cash Democrats in Congress agreed to pay insurers (using taxpayer money) during COVID.  That’s it."

Ignore Dem lies on Obamacare and their excuse for the gov't shutdown collapses


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