He is not forced to be in government system. He could have purchased a private plan outside of the exchange. They could have Cobra’ed his wife’s plan. There are a lot of ways he could have insurance without getting the government involved. With his money, he has a lot more options than the “Joe six-pack” American, and he is going with the government plan. How can this NOT be fodder for detractors?
Again, did you read the article?
Cobra only lasts 18 months. I’m certainly not going to attack the man for following the law. One lawless President is enough.
Have you read the article? Do you have a degree in business or insurance.? Do you have an active Health, Life and Annuity Insurance License in any state? Are you an independent Health Insurance Agent?
As someone who is all those things, I can tell you, you are dead wrong.
Cobra last only a certain time frame. 18 months MAX! In some instances LESS. It is transition insurance. It is also extremely expensive. He is already going from two salaries to only one.I am relatively certain his wife makes as much as he does $170K as a Senior Manager at Goldman Sachs. You might think that is allot of money, IT ISN’T!
He has a wife of child baring age and two small children. He needs health insurance coverage. He is also not extremely wealthy.
His net worth is estimated between $1 million and $4 million. Well off, but not beyond the reach of bankruptcy through unexpected medical expenses by any stretch of the imagination.
Believe me. I know! I have personal experience with sick children, personal illness and even cancer all in the last half decade.