thereisnospoon
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- #161
Umm. You left out the part about the subsidies available for those income levels. Nice try though.A family of 4 with an income under $62k per year or 400% of poverty will receive free insurance from the exchange on a sliding scale.
Health insurance in the exchanges is not free. If that family is at three or four hundred percent FPL, it needs to spend at least 9.5% of household income on premiums before any premium assistance tax credit kicks in. The sliding scale you refer to is the threshold (percentage of household income) that the household has to spend before getting any assistance. Everyone in the exchange will be paying something.
When Seniors discover Medicare is going to be slashed to the tune of $500 billion to pay for Obama care, they will be marching on Washington with pitchforks in hand.
HealthBeatBlog reiterates this week: Health Beat: You Heard It Here First: Medicare Spending Slows
And all without slashing benefits (I hope Paul Ryan is taking notes).
Without a doubt, there will be lots of strings attached to Obamacare. There will be lifestyle restrictions.