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January 6, 2014

Obamacare’s Stunning Redistribution of Wealth

As a resident of San Francisco, you can also choose from among four separate Silver plans, which each pay 70% of your medical costs (after a $2,000 annual deductible) and have an average monthly premium of $614.
For ObamaJoe, these same four plans are available for an average of $38 per month—thanks to the marvelous, magical subsidies that are built into Obamacare. In fact, one of the Silver plans in particular would cost Joe just twenty nickels per month—a darned fair deal for someone needing healthcare, wouldn’t you say? - - FrontPage Magazine

Posted by gerardvanderleun at January 6, 2014 10:44 AM. This is an entry on the sideblog of American Digest: Check it out.

Your Say

It was always obvious that the only possible way this scheme could work was to heavily lean on the middle class and young people. At least, obvious to someone with a shred of intelligence.

Posted by: Christopher Taylor at January 6, 2014 12:05 PM

Yipee! Just got my insurance cancellation letter.

So, could we get the revolution going now please? Because I have no interest in handing all my personal and financial information over to the IRS and Kenya boy.

Posted by: John at January 6, 2014 2:11 PM

John, I'll bring the tar, you bring the feathers.

Posted by: tripletap at January 6, 2014 3:35 PM

Mentally, I am beyond the disaster and trying to determine the extent of the fallout. My job is to stay out of the drunken Leviathan's path as it stumbles and falls.

Bottom line: I'm not in the habit of paying for debts other people incur and I don't expect to change.

Posted by: ghostsniper at January 6, 2014 5:52 PM

The real damage is coming this year, after the election if at all possible for the Democrats. When it hits businesses we're going to see unemployment significantly rise and the economy will get notably worse. The rate of growth is almost nonexistent to begin with now, just wait until businesses start shutting down and prices start going up to pay for health care costs.

Posted by: Christopher Taylor at January 7, 2014 9:27 AM

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