Since I posted earlier today about the upcoming debacle that is Obamacare, I have received some rather "upset" email that takes issue with what I wrote. Let's just say that there were some who question if I was being accurate.
Rather than try to answer those who throw phony accusations around, I thought I would just post the the first few paragraphs of an AP article that was published in the last hour.
Remember, this is coming from the AP. The AP is totally supportive of Obamacare. The AP is totally supportive of president Obama. The AP normally slants everything in favor of Obama and the Obamacrats. So here is the article:
It's called the Affordable Care Act, but President Barack Obama's health care law may turn out to be unaffordable for many low-wage workers, including employees at big chain restaurants, retail stores and hotels.
That might seem strange since the law requires medium-sized and large employers to offer "affordable" coverage or face fines.
But what's reasonable? Because of a wrinkle in the law, companies can meet their legal obligations by offering policies that would be too expensive for many low-wage workers. For the employee, it's like a mirage — attractive but out of reach.
Many are expected to remain uninsured, possibly risking fines. That's due to another provision: the law says workers with an offer of "affordable" workplace coverage aren't entitled to new tax credits for private insurance, which could be a better deal for those on the lower rungs of the middle class.
In short, low wage workers will not be able to afford the coverage through their employers, they will not be elligible for subsidies and they will get hit with taxes/fines of something like one thousand dollars each because they will not have coverage. That means no coverage but a big tax bill for the poor. It is a disaster.
Rather than try to answer those who throw phony accusations around, I thought I would just post the the first few paragraphs of an AP article that was published in the last hour.
Remember, this is coming from the AP. The AP is totally supportive of Obamacare. The AP is totally supportive of president Obama. The AP normally slants everything in favor of Obama and the Obamacrats. So here is the article:
It's called the Affordable Care Act, but President Barack Obama's health care law may turn out to be unaffordable for many low-wage workers, including employees at big chain restaurants, retail stores and hotels.
That might seem strange since the law requires medium-sized and large employers to offer "affordable" coverage or face fines.
But what's reasonable? Because of a wrinkle in the law, companies can meet their legal obligations by offering policies that would be too expensive for many low-wage workers. For the employee, it's like a mirage — attractive but out of reach.
The company can get off the hook, say
corporate consultants and policy experts, but the employee could still face a
federal requirement to get health insurance.
Many are expected to remain uninsured, possibly risking fines. That's due to another provision: the law says workers with an offer of "affordable" workplace coverage aren't entitled to new tax credits for private insurance, which could be a better deal for those on the lower rungs of the middle class.
In short, low wage workers will not be able to afford the coverage through their employers, they will not be elligible for subsidies and they will get hit with taxes/fines of something like one thousand dollars each because they will not have coverage. That means no coverage but a big tax bill for the poor. It is a disaster.
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