... in the English language are: I'm from government and I'm here to help." -Ronald Reagan
Early this morning, whilst I was the only one creeping about in our home, I made the mistake of turning on the news. I wasn't shocked by what I heard, but I wonder how many Americans will be. The story left me more discouraged for our nation, more discouraged by not understanding why so many people in our nation seem to lack the ability or desire to sincerely think about consequences.
The specific story that enhanced my discouragement was about the Affordable Care Act, aka ObamaCare. Back in 2007 & 2008, I ran around beating my "anti Obama drum". It was most often met with "eye rolling". After the Affordable Care Act was passed through a back door appropriations bill as "not a tax", then upheld by the U.S. Supreme Court as a "legal tax", I again beat my anti Obama drum, this time warning of astronomical healthcare cost increases resulting in serious, or catastrophic lifestyle changes for many middle class Americans, & I was, again, often met with "eye rolling".
When the healthcare debate began I patiently listened to person after person say, "Well, I don't mind paying a little more to help those who can't afford it." I would respond with, "Then you should give your extra money directly to struggling person or family. If the federal government is allocating it, I guarantee it will be a whole lot more than a little bit."
This morning's news story stated that the Congressional Budget Office (CBO) has revealed that the healthcare insurance cost "caps" contained in the Affordable Care Act applies only to individual coverage. These caps DO NOT apply to spouses and/or children as in family coverage. The CBO estimates any family that does not qualify for government healthcare subsidies will pay as much as $15,700.00 per year for family health insurance coverage. They also said that young healthy individuals will see their health care insurance increase by as much as 190% ($2,500 annually would increase to $7,250). The news story did not reveal the income levels / requirement to qualify for government subsidies. From my point of view, government subsidy is the same as well fare assistance.
Some folks may say they don't worry about that expense or having to qualify for "well fare" because they are employed by a large corporation that provides health insurance benefits for them and their family. However, the CBO also estimates that in 2014, more than 7 million employees will loose employer provided health insurance benefits due eliminated employer benefits. IF you happen to work for a company that continues to provide employee health insurance, Do the math - $15,700 to insure your family (if you aren't paying it, then someone else or your company is) means that most will not see a pay raise for many years / many will see salary reductions; you and some of your co-workers could / will be laid off due to "downsizing"; if you are fortunate enough to keep your job, your hours and work load will significantly increase; AND the Affordable Care Act also requires, beginning 2014, you to pay income tax on that $15,700 benefit (currently employees do not pay income tax on employer provided benefits.).
Obama said, "If you choose, you can keep your current health care, you can keep your doctor". Obama told us the Affordable Care Act would make health insurance affordable for EVERY family and individual in America. The government was extending a helping hand to all.
I have said and continue to say, "Yeah, you can keep anything you want as long as you have the money to pay for it".
Will you get to keep your current healthcare? Will you get to keep your current doctor? Will you be able to maintain your current lifestyle?
Ronald Reagan - "The most terrifying words in the English language are: I'm from the government and I'm here to help you."