Saturday, October 5, 2013

The UN-Affordable Care Act




Wait until you find out what I found out about Obama's new "Affordable" Care Act - that is actually un-affordable for a family.  According to the law, if the employer offers the employee coverage just for the employee (not including coverage for spouse or children) at 9.5% or less of income, then the employee and anyone in the household - read: spouse and children - are NOT eligible for any subsidies or tax-credits in the Marketplace state exchanges.  Let me put it in layman's terms - if your husband's job offers insurance to cover him only at 9.5% or less, then you do not qualify for tax credits or subsidies, no matter how poor you are!  Yes, that is right - it doesn't go by the FAMILY coverage - it only goes by the individual coverage.

Example

A family of 4 that makes $40,000 (before taxes) a year.  The employer offers insurance to cover employee - the husband - at $3,700 a year, which is lower than 9.5% of his income.  However, if he wishes to insure his wife and 2 kids, he has to pay a family coverage premium of $12,600 a year (1,050 a month).  His wife and kids are NOT eligible to enter the state exchange and get a subsidy or tax credit, even though their premiums would be over 30% of their income.  They are stuck either being un-insured or paying 1,050 a month, and that doesn't include deductibles, copay and co-insurance.  

What is more humorous is the lady at the headquarters of the state exchanges told me that surely the law wouldn't leave me and my kids out of being eligible for the tax credit on such a low income.  Wait until she finds out what I read on USA Today, NY Times and the Washington Post about this very thing.  Even Bill Clinton spoke out against in September but seemingly the media didn't want to blaze that abroad because it would be bad publicity for Obama and the democrats.  See, they have got to pass the funding for this thing and will even let the government shut down to do so, so shhh, don't spread this part of the law abroad just yet.

Meanwhile, those that don't work at all (not talking about disabled and elderly) can have FREE housing assistance, FREE food stamps, FREE Obama-phone and now FREE healthcare and your hard-working man gets to pay for others laziness AND pay extremely HIGH premiums to insure your family.  Yes, we are punished for doing what is RIGHT.  The family that actually wants to provide for their own and not make others pay to house, feed and insure their family - is punished by not only paying for others, but also paying more for their families.  Welcome to Socialist America!

Obama doesn't care one bit about you homemakers or children because he knows that to cover you, it would cost 48 billion more and that would make his "affordable" plan - UN-affordable!  Wait until all these Obamacare supporters find this out..........I can't wait till it hits the fan and exposes this welfare-state-health-insurance for what it really is.

By: Christian Home-keeping
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