Thursday, November 14, 2013

A Spate of Troubling Facts, Addendum 2

I want you to look at this one more time, folks. You see it, in the second column? If your family (two workers, no kids) income is $62,040, your premiums under Obamacare would be $5,894 and if it's $62,041, your premiums go all the way up to $16,382....I mean, is that a monstrous disincentive to work/insane or what; one extra dollar in wages and your premiums go up $10,488? If you're asking me, the individuals who put this sucker together had a preexisting condition of their own; brain-dead.

7 comments:

Rational Nation USA said...

Brain dead? Hmm. You just might be on to something Will.

dmarks said...

Thank people like Michigan Rep. John Conyers, who admitted he was too damn lazy to meet the basic requirements of his very cushy taxpayer-funded job and read the legislation he voted on.

Will "take no prisoners" Hart said...

They've created a scenario in which certain people are going to be forced to refuse raises in the future. How can that possibly be good for the economy?

dmarks said...

Will: And a lot of working America will get a huge pay cut as Obamacare forces companies to employ people for less than 30 hours a week instead of 40.

Will "take no prisoners" Hart said...

The incentives are indeed quite perverse, for sure.

dmarks said...

It's all perverse incentives. So not only does Obamacare causes millions to loose insurance and make insurance premiums soar, it breaks up families and kicks people to the unemployment line.

(pssst: President Obama: you know that jobs plan we've been waiting for you to come up with ever since you got elected? I see you have one now... but... umm... what we wanted was a plan to get MORE jobs, not get rid of them!)

Will "take no prisoners" Hart said...

I'm actually not opposed to the overall approach here (the individual mandate was actually a Heritage Foundation idea) but the way that it was set up was ridiculous; nearly 1,500 waivers, ridiculous mandates (maternity coverage for men, pediatric dental coverage for single folks, drug and alcohol rehabilitation coverage for Mormons, etc.), 20,000 pages of regulations, hundreds of new medical codes (strange ones such as different types of duck bites), and, yes, of course, the asinine incentive structures. To say that this thing is going to be hard to salvage is an understatement.