You really don't understand how it works, do you? A single mother of two whose only job is being a waitress will either fall into Medicaid or if she earns enough, she'll get a huge tax credit that will pay for almost all of her health insurance. Yes, it's more welfare, but it makes certain the hospitals and doctors actually get paid, and it will help keep costs down.
How does that help her if she has start suddenly paying another sizable up front and wait for the end of the tax year to come in order to receive it?
That's my main problem with it; a mandatory expense that people who may be struggling have to pay. What is the "domino effect" going to be? Will they stop paying other bills in order to pay this mandatory bill? What will this do to the already struggling economy?
That's one point the thick-headed around here have been purposefully avoiding.
A Premium is a monthly expense. A monthly expense that had never been figured into anyone's budget. Living paycheck to paycheck can't withstand this hit.
So what now? Do they quit and draw UEC for 2 years and get free healthcare?
Hello, Cloward-Piven
A Tax Credit happens once a year.
True they MAY get a huge EIC tax refund but that still doesn't erase those monthly expenses. And, besides, how many are going to use that tax refund to set aside for the coming year's premiums and NOT go buy the newest iPhone or LCD TV?
Massive deductible? Forget about it.
They'll never afford it..
So can anyone explain the good points of the POS legislation?
