I know this is unpopular views for this place, but time is needed to allow the private market to create policies that are unburdened by Obamacare requirements and that can take at least a year.
I have many clients that will not be able to afford their insurance without this being extended. They are facing premiums of $30k per year with having to cover another 8-10k out of pocket.
I also have many high net worth clients who are keeping their income low enough to qualify when they could otherwise afford it.
I can see a half way subsidy that could ease the transistion while giving the private market time to meet a policy that doesn’t have Obama requirements.
It doesn't affect me, but it affects the working poor. And they vote.
Your thoughts are right on target. I favor a one-year extension with provisions to have the insurance industry develop products to replace Obamacare products with sensible coverage policies. And any subsidies should go to the people directly.
I know this is unpopular views for this place, but time is needed to allow the private market to create policies that are unburdened by Obamacare requirements and that can take at least a year.>>> Like an insurance model and not an income distribution model. I think The community based pricing is still in effect. Not true actuarial costing. and it’s not really insurance.
The main problem is the cliff, where earning one extra $ could cost you $24,000. Needs to be a phase out of 8 - 10 cents per $ over. The Republicans were stupid not to see this poison pill coming. There is no private healthcare option left for many people that don’t have insurance through a company.
Many small business owners are spitting mad over this. First Obamacare destroyed the previous private market for major medical healthcare plans, then made it totally unaffordable without subsidies. The Republicans did nothing about this for years and allowed this to happen by their inaction.