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Q&A about the Affordable Care Act (Obamacare) — 2 Comments

  1. OK. Most of that’s true. But it’s a rosy picture view of a government program. Here’s the dark side. Massive hiring of federal employees to oversee this new bureaucratic juggernaut. I’ve heard as many as 16,000 IRS agents alone. Companies with 50 employees will likely do everything they can, including laying people off, to get below 50. Larger companies that don’t have unions—in other words 99 percent of the private sector—will probably at least consider dumping their employee insurance and pay the penalty. It’s chicken feed compared to the cost of employee benefits. Only a government program could be so cleverly designed to screw people at both ends. Tax credits to the poor to help them buy insurance sound like a good idea. But it’s been my experience—and I know people in poverty—that tax credits to the poor are usually burned up paying debts accrued over the previous year. One person I know receives a massive earned income tax credit every April. It’s usually all gone in a month. I predict that tax credits to the poor for health care insurance will not be used for health insurance. It’s interesting that the mandate doesn’t kick in until 2013 long after the 2012 election. That’s nice piece of sleight-of-hand by Obama because people are going to resent that tax/mandate/whatever, and he wouldn’t have a snowball’s chance of re-election after it kicks in. Finally, it’s a little specious to say this program won’t benefit illegal aliens. There are conservatively 12 million illegal aliens in the U.S. Maybe four million of them have citizen children. Figure 3 kids per family and that’s 12 million citizens who shouldn’t be here that taxpayers are going to have to subsidize. A large part of the more than $1 trillion to be spent on this program will go to the children of illegal aliens. Hope all is well in Tokyo. Happy Fourth of July.

  2. There are negatives, but I wonder where I’d be without the new law if I wanted to move back to the U.S.

    In addition to my Japanese national health insurance, I’ve had a U.S. ex-pat plan since 2001 for which I pay thousands of dollars in premiums per year, and have never made a claim – until last month.

    In May, I was hospitalized for an emergency for a week with a heart problem that came on suddenly. I’m ok now, and doing diet and exercise. But the result is that I’m left with a “pre-existing condition.”

    Without this new law there is no way on earth I would be able to afford a new health insurance plan in the U.S. No way.

    It’s a huge problem. 60% of bankruptcies in the U.S. are because of medical debts. There are right-wingers who think people should sell their homes and businesses before getting help from the government with medical costs. It’s not humane.

    I think the law is more complicated than it needed to be. It has problems, as any piece of legislature does created with compromise. But, on balance, there is more good than bad. And it’s necessary.

    doug

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