November 17, 2011 | 11 comments
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The major part of President Barack Obama’s health care law that would expand coverage involves subsidizing households looking to obtain health insurance up to 400 percent of the federal poverty line.
And it turns out that there’s a problem there. Whereas many welfare and government programs take into account the number of people involved in a household, Obamacare does not. Analysts testifying before Congress yesterday discussed the disincentives:
“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.
“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. So those with that much income as a couple would lose the government subsidies and be on their own for thousands of dollars in health coverage.
The subsidies disappear at 400 percent of the poverty line and it’s the poor structure of the program that creates work disincentives. Economics 21 reports, “Once that threshold is crossed, the subsidy immediately drops to zero. So for a family of four in that income range, a raise in wages would actually result in a significant reduction in take-home pay.” We know that Obamacare was questionably-designed and rushed through Congress. It might be true that we had to pass it to find out just how big of a mess it’s put us in.
A man of faith in a godless age is hitting Americans where it hurts.
Mr. and Mrs. American Spectator Reader, let P.J. O’Rourke talk sense to your kids.
In Britain, defending your property can get you life.
The debacle of this president’s administration is both a cause and a symptom of the decline of American values. Unless Congress impeaches him, that decline will go on unchecked. An eminent jurist surveys the damage and assesses the chances for the recovery of our culture.
It won’t take long for conservatives to scratch this presidential wannabe off their 2008 scorecard.
The American Christmas, like the songs that celebrate it, makes room for everybody under the rainbow. Is that why so many people seem to be hostile to it?
Was the President done in by the economy, or by the politics of the economy?