Do Republicans who hate President Obama also hate the American populace? A lawsuit challenging Obamacare subsidies has the potential to skyrocket the health insurance costs of 5.4 million Americans. On average, premiums in the federal exchanges are $82 per month for individuals who are receiving subsidies. The average cost without subsidies is almost four times that at $346 per month, according to a report from HHS. The U.S. Court of Appeals for the D.C. Circuit is expected to rule on Halbig v. Burwell, which challenges these subsidies. As Business Insiders Brett LoGiurato reported, the Affordable Care Act was designed with the expectation that each state would run its own exchange, and part of the law notes that subsidies may be provided through an Exchange established by the State. The challengers to the law argue that this means that, technically, the subsidies should only be available to the state-run marketplaces. That means more than 5 million people in 36 states who are currently receiving health insurance subsidies through the federal marketplaces could potentially be shut out, as the graphic below shows. Why are these clowns trying so hard to take away something so needed by the citizens (better yet why are we tolerating their behavior?)?
Posted on: Sun, 20 Jul 2014 20:13:25 +0000
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