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ObamaCare's Brutal Individual Mandate Test Begins
Investor's Business Daily ^ | 11/06/2015 | JED GRAHAM

Posted on 11/08/2015 6:39:41 AM PST by george76

The just-started enrollment period for ObamaCare exchange plans in 2016 is likely to yield one of two dismal outcomes. In the first, enrollment soars as people sign up in droves for the cheapest plan available to avoid the individual mandate tax penalty, whose minimum bite will spike from $325 to $695.

Although the law's strongest backers might celebrate this, it's not clear why: Millions of modest-income individuals who opt for bronze would get policies with deductibles as high as $6,850. Yet the Obama administration's own analysis reveals that among those still uninsured, 80% have less than $1,000 in savings.

Thus, landing in the hospital could torpedo the finances of many who buy bronze plans - exactly what ObamaCare was supposed to fix.

The second scenario, in which enrollment sees only modest growth, as the Department of Health and Human Services projects, is even bleaker.

Penalty Better Than 'Coverage'?

(Excerpt) Read more at news.investors.com ...


TOPICS: Crime/Corruption; Culture/Society; Politics/Elections
KEYWORDS: affirmativeaction; healthcare; healthinsurance; individualmandate; obamacare; obamacares
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1 posted on 11/08/2015 6:39:41 AM PST by george76
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To: george76

Let all Americans thank the treasonous US Congress for this,
who kept THEMSELVES, THEIR families, THEIR staff,
and THEIR families, and Moslems, EXEMPT from ObamaCARE.

And in particular, thank the lying lower-than-scum
GOP which created it (RomneyCARE) and then lied
to America that they would remove it, but only
KEPT THEMSELVES EXEMPT.


2 posted on 11/08/2015 6:43:00 AM PST by Diogenesis ("When a crime is unpunished, the world is unbalanced.")
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To: george76

Obamacare is MEANT TO FAIL; forcing the Government to be the SINGLE PAYER and Lord of Healthcare.


3 posted on 11/08/2015 6:43:02 AM PST by CptnObvious
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4 posted on 11/08/2015 6:45:45 AM PST by DJ MacWoW (The Fed Gov is not one ring to rule them all)
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To: Diogenesis
Let all Americans thank the treasonous US Congress for this, who kept THEMSELVES, THEIR families, THEIR staff, and THEIR families, and Moslems, EXEMPT from ObamaCARE.

And in particular, thank the lying lower-than-scum GOP which created it (RomneyCARE) and then lied to America that they would remove it, but only KEPT THEMSELVES EXEMPT.

We can still help ourselves if we are willing to actually invest in our future - we need to get someone in the WH who is willing to undo a bunch of illegal EOs and move us in the right direction...

Now for a short public service announcement to all on FR:
I prefer Cruz and my money goes to his campaign, hence the Cruz link. If you like someone else, donate to him/her (find your own link to do it) and if you use FR and don't donate, then please don't complain about the welfare leeches or those who have Obama Phones because, functionally, you are no different than any other FReeloader.....

GO CRUZ!! Keep it up Trump!!

Donate to Cruz

Donate to FR

5 posted on 11/08/2015 6:50:53 AM PST by trebb (Where in the the hell has my country gone?)
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To: george76

I think people are falling into the trap that Obamacare was meant to help people.

It was a government power grab meant to pay off insurance companies and hospitals in urban areas. Even if the person’s finances are wreaked, they have limited the exposure of hospitals to non-paying patients.

This will be like crack to the hospitals that had to always make up the difference when someone couldn’t pay. Even when the bill is 100k now, the exposure is limited to 6.7k.

Thus, hospitals will be come dependent on these regulations and support Democrats to keep these laws in place.

When this scab of a law is pulled, it has to be completely removed or the hospitals will need a huge price hike to make up the difference because there are thousands of other mandates that took this money, like electronic records, additional staff, etc...


6 posted on 11/08/2015 6:55:45 AM PST by dila813
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To: george76
Who could ask for more?

A $600 monthly fee, oops, I mean tax, and a $6,000 deductible.


7 posted on 11/08/2015 7:00:06 AM PST by Iron Munro (<p> The wise have stores of choice food and oil but a foolish man devours all he has. Proverbs 21:20)
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To: DJ MacWoW

“.. enrollment soars as people sign up in droves for the cheapest plan available to avoid the individual mandate tax penalty”

I predict that many, many millions of young people will not only NOT bother to enroll in ObamaCare, they will also NOT pay the “tax” penalty. They simply will not do it. There reasoning will be that no was is going to put them in jail for refusing to pay the penalty, so they won’t. They have nothing to lose by simply ignoring ObamaCare altogether. And they will structure there income withholding so the IRS cannot take anything from them.


8 posted on 11/08/2015 7:20:37 AM PST by Flavious_Maximus
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To: Diogenesis
Let all Americans thank the treasonous US Congress for this...

Gotta correct you here a bit.It must be understood that it's the *Rat Party*,not the "US Congress" that's responsible.One must remember that 1) not a single Republican Senator (not even Snowe or Collins) voted for this piece of filth and 2) if Scott Brown of Massachusetts had been seated in a timely fashion to replace that Rat Party clown temporarily appointed by Governor Deval "Coupe Deval" Patrick *he* would have been the 41st vote against...meaning no passage.

The Rat Party is entirely responsible for violating the clear will of the people.


9 posted on 11/08/2015 7:27:17 AM PST by Gay State Conservative (Obamanomics:Trickle Up Poverty)
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To: Diogenesis

I think you are attacking the lesser enemy. Not a single republican voted in support of the obamacurse.


10 posted on 11/08/2015 8:48:10 AM PST by Neoliberalnot (Marxism works well only with the uneducated and the unarmed.)
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To: dila813

More than a power grab, obamacare was a monstrous increase in welfare.


11 posted on 11/08/2015 8:49:05 AM PST by Neoliberalnot (Marxism works well only with the uneducated and the unarmed.)
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To: Gay State Conservative

Yes, exactly. The old media has shifted the blame to include both parties. Sad to see that some freepers are unaware of the vote.


12 posted on 11/08/2015 8:51:14 AM PST by Neoliberalnot (Marxism works well only with the uneducated and the unarmed.)
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To: Gay State Conservative
One must remember that 1) not a single Republican Senator (not even Snowe or Collins) voted for this piece of filth and 2)

No but hey voted for cloture, a trick so old I wonder how anyone can fall for it.

13 posted on 11/08/2015 8:55:09 AM PST by itsahoot (55 years a republican-Now Independent. Will write in Sarah Palin, no matter who runs. RIH-GOP)
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To: itsahoot
No but they voted for cloture, a trick so old I wonder how anyone can fall for it.

Wrong! Check your facts.In the final cloture vote exactly 60 Senators voted "aye"...58 Rats (including that temporary appointee *hack* that Scott Brown had already been *elected* to replace)...and two "Independents" (Holy Joe,CT and Comrade Bernie Sanders,VT).

And,in case you've forgotten,Scott Brown's entire campaign was "I'll vote against ObamaCare".

14 posted on 11/08/2015 9:32:26 AM PST by Gay State Conservative (Obamanomics:Trickle Up Poverty)
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To: george76

The Bronze plans are a sick joke.

4 bills a month, 4 to 6 K deductibles and 50% copays on the rest.


15 posted on 11/08/2015 9:44:14 AM PST by headstamp 2
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To: Neoliberalnot

Obamacare was about increasing Medicaid rolls and having everyone else pay for it with “fig leaf” health insurance policies.


16 posted on 11/08/2015 9:46:47 AM PST by headstamp 2
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To: Gay State Conservative
And,in case you've forgotten,Scott Brown's entire campaign was "I'll vote against ObamaCare".

No I didn't forget it. But I definitely thought one of the boobie twins voted cloture, but as old as I am I remember a lot of things that didn't happen. Scott was elected to stop Ocare and since he did' that likely explains his loss.

17 posted on 11/08/2015 10:45:37 PM PST by itsahoot (55 years a republican-Now Independent. Will write in Sarah Palin, no matter who runs. RIH-GOP)
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To: itsahoot
Scott was elected to stop Ocare and since he did' that likely explains his loss.

It's worse than that.As I suggested earlier Dirty Harry refused to seat Brown within a reasonable time span.Of course he did so intentionally because he knew that that hack appointed by Coupe Deval would do as he was told.So Brown cannot be "blamed" for its passage.

I know this because I'm in Massachusetts and the question "when will Brown take his seat?" was on the local news every day.

18 posted on 11/09/2015 4:48:47 AM PST by Gay State Conservative (Obamanomics:Trickle Up Poverty)
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To: Neoliberalnot

Well... Olympia Snowe did cast a cloture vote to help it advance and become law. And her fellow GOProgressives have been protecting it ever since.


19 posted on 11/09/2015 4:55:25 AM PST by Nickname
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To: Nickname
...Olympia Snowe did cast a cloture vote to help it advance ...

She voted "no" on the final cloture vote,which is the only one that counts.Translation,no Senate Republican is even slightly responsible for this outrage.

20 posted on 11/09/2015 7:46:00 AM PST by Gay State Conservative (Obamanomics:Trickle Up Poverty)
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