"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Sunday, February 03, 2013

THE IRS ANALYSIS OF OBAMACARE COVERAGE COSTS REVEALS THE LEFT'S REAL AGENDA

THE IRS RECENTLY ANNOUNCED THAT OBAMACARE MANDATED COVERAGE FOR A FAMILY OF FOUR WILL COST $20,000/FAMILY.

The Obamacare "tax"/penalty for NOT buying coverage is only $2500 for that family of four.

If this is correct, then no business is going to offer - and no breadwinner is going to choose to BUY - healthcare insurance; they will ALL choose to pay the IRS $2500 (saving around $7500/family - assuming the average business contributes half of the cost of the insurance).

As a result, dozens and dozens of MILLIONS of people and households will exit the PRIVATE healthcare insurance market - and this will make it actuarially unsound. Private healthcare insurers will exit the market effectively creating a single-payer socialist healthcare system.

I'd believe that this was a bug of Obamacare, (a result of the fact that it was a HUGE bill that wasn't properly thought-out or properly vetted),  if this seemingly unanticipated "side-effect" wasn't what the backers of Obamacare all really wanted in the first place.

Therefore, I believe this was a hidden feature of Obamacare, and its stealth goal all along.

And remember: once private insurers exit the business, they would probably never re-enter.

Time will tell. 


1 comment:

Always On Watch said...

Goodbye to private health insurance.

Yes, the goal all along, IMO.