by Jeff Davis
The Democrats can’t kick the can down the road any longer. They delayed ObamaCare beyond Obama’s reelection and beyond even the 2014 midterm elections, but now full implementation of the bizarre, insanely complex, and utterly incompetent Affordable Care Act is about to be attempted.
An article on TheHill.com reports: “People without insurance are running out of time to avoid the hefty ObamaCare penalties that the IRS will be handing down in 2016. Consumers face a Feb. 15, 2015, deadline to buy insurance, after which those without coverage could be hit with fines of $325 per adult or 2 percent of family income, whichever is higher.”
“Uninsured people looking to escape the penalties are turning to the exchanges before they close, while insurance companies and tax preparers are seizing on the looming tax hit as a business opportunity. One recent mass mailer from CareFirst BlueCross BlueShield obtained by The Hill warned potential customers in the Washington, D.C. region that going without health insurance coverage would come with a steep cost. ‘When you don’t have health insurance… you put your financial security at risk,’ the mailer states. ‘That’s because under the new Affordable Care Act legislation, millions of Americans will have to pay an increased penalty tax of at least 2 percent of their income in 2015 if they go uninsured.’”
“The good news, the letter said, is that CareFirst BlueCross BlueShield has solutions to help people avoid the penalty, including coverage that is compatible with financial assistance or free money from the government that will help qualifying individuals pay for insurance.”
Essentially, full implementation is now happening and we all get to find out finally what is in this law that everyone (including the Congress who voted for it) was too busy (or lazy) to read when they passed it.
That includes fines for not having insurance, which start at $325 dollars, which is a cruel imposition on a family that’s barely getting by. I suspect that 95 percent of the people who pay those fines will be poor and middle class White people, making ObamaCare –to a certain extant– a tax on poor White people to provide free health care for Blacks and Latinos.
Most ObamaCare plans cost more than that per month, even with subsidies. A single, middle class worker might be able to swing the $325, especially if it’s simply taken from his income tax refund and he never sees it. That same worker can’t afford the $600 or so per month that ObamaCare would cost him if he has pre-existing conditions.
The main problem with ObamaCare is that many -if not most- private employers simply can’t afford to provide crushingly expensive health insurance for their employees, so what they’ll do is either cancel their insurance programs altogether and throw their employees on the mercy of ObamaCare (the hoped-for consequence) or else cut them all down to 29.5 hours per week so they are part-time employees and therefore exempt from the insurance requirement.
The end result could be that almost none of the new generation of Americans will ever hold a 40-hour-per-week, full time job with benefits again. This has been coming for a long time, to be sure, but ObamaCare drove the final nail in the coffin. Thanks a lot, Barry.