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Oct 26

“Affordable Care Act” incentivizes poverty

pov

“If you like your current plan, you will be able to keep it,” said President Obama.

“Let me repeat that: If you like your plan, you will be able to keep it,” he said.

This week, the Kaiser Family Foundation released an analysis of the Obamacare insurance exchanges that indicates there will be five states in 2017 where only one insurance company is offering health insurance plans through the exchange.

In Birmingham, Alabama, according to the KFF analysis, the monthly premium for the second-lowest-cost silver plan for a 40-year- old nonsmoker will increase 71 percent — jumping from $288 to $492. In Oklahoma City, Oklahoma, it will increase 67 percent — jumping from $295 to $493.

In Phoenix, Arizona, it will increase 145 percent — jumping from $207 to $507.

But overnment apologists are quick to note that, if you make less than 400 percent of the poverty level, the government will subsidize your insurance premiums.

The government’s lesson here: Keep your income down, so you can get other Americans to subsidize your insurance.

Or, if you do not earn enough to buy insurance even with a government subsidy, you can go directly onto government-provided health insurance.

In July, the number of people in the United States enrolled in Medicaid and the Children’s Health Insurance Program exceeded the entire population of the United Kingdom. It also exceeded the population of France.

As of July 2015, 37.1 percent of Americans are insured by the government.

See here.