Friday, October 28, 2011

We Have To Pass The Bill....

Remember the Wicked Witch of the West, Nancy Pelosi, saying: "We have to pass the health care bill so that you can find out what is in it"?



From Fox News: A new wrinkle has surfaced in the implementation of the federal health care law that critics argue will impose a significant penalty on women and marriage.
The law includes generous subsidies for the uninsured so they can afford to buy coverage in the new insurance exchanges that are part of the legislation.

But several analysts told Congress Thursday the nature of the subsidies has an odd effect.
"The way this bill is structured, there are disincentives for women to marry and disincentives for women to work," said Diana Furchtgott-Roth, a senior fellow at the Manhattan Institute for Policy Research. "And for a bill that's supposed to make Americans healthier, these disincentives are truly startling."
Critics say that beginning in 2014, Americans will find it more advantageous to stay single than marry because it will be easier to afford
health coverage.
Why? The new law provides generous subsidies for those without insurance so they can buy it on the new exchanges, but the subsidies are tied to one's income level and there's the rub.
The income measure for subsidy purposes are not based on individuals but rather on families. And that creates a perverse incentive.
"Two singles would each be able to earn $43,000 and still receive help to
purchase health insurance, but if they got married and combined their earnings to $86,000, they would be far above the limit," Furchtgott-Roth explained. Read more: http://www.foxnews.com/politics/2011/10/27/obamas-health-care-law-penalizes-marriage-analysts-say/#ixzz1c3ddElSy
It's really not that surprising since this is a liberal Democratic Party bill and some members of the House and Senate have some issues against marriage.
Obamacare- worst legislation since the 1960's from the worst president and senate majority leader ever. Who knows what else is in the bill that will make us shudder?

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