http://thinkprogress.org/health/2013/10/02/2721501/butch-matthews-obamacare-convert/
He doesn’t work, but “he has assets saved up”. So — Obamacare gives him FREE medical insurance, paid by you and I.
“Matthews knew that, at his income level, the law would help him pay for insurance. But even he might not have expected just how good of a deal he could get: his new coverage will cost him absolutely nothing in monthly premiums after factoring in federal subsidies, and has a deductible of $750.”
MORE:
He owns his home free and clear, also his car, has assets saved up — yet, because he doesn’t have wage income, we are paying for his health insurance — how long will the country be able to keep this up?
Until they will just keep 100% of our income and the government “will take care” of all our needs, as they see it fit.
To qualify for ACA subsidy you must make at least 100% Poverty level, otherwise you can either use Obamacare and get no subsidy or go into Medic-Aid after you have sold all your stuff. I Call BS
American socialism won’t look like Norway or Sweden. It will look like Detroit, Birmingham and Newark
Your analysis is 100% correct. He has decent assets but low enough income so he gets 0-Care for free.
And so will tens of millions of the poor, black and minority and poor immigrants both legal and illegal....poor Hispanic immigrants too... who are able to hide assets RIGHT NOW and get various welfare programs. They will get freer Obama care too just like the guy mentioned in this article
The productive people in America will be paying up the wazoo for health insurance that will allow all the above groups to get free Obama care or nearly free