Congress passed it, Nancy – did you find out what’s not in it?
Obamacare fines employers $2000/$3000 per employee per year when the employer doesn’t provide affordable health insurance at the workplace and the employees have to avail themselves of the state’s subsidized health insurance exchange – usually an extended Medicaid plan set up by the state.
So, after the bill was passed, Ms. Pelosi, legal experts have found something that wasn’t in it - if a state doesn’t set up a health insurance exchange, Obamacare doesn’t have provisions to mandate fines be assessed against employers for not providing insurance. Fines may be assessed only in those states that have set up an exchange.
Legal battles will ensue, wasting more tax dollars because the specifics of the bill weren’t properly vetted by the Senate in the dead of night on Christmas Eve. Four Supreme Court Justices have already commented that the provision means what it says – if states don’t set up exchanges, the fines don’t apply.
Also, there are no provisions in the Act to stop states from assessing the fines in their health insurance exchanges, not only on the companies with 50 or more employees, but may mandate that the fines apply to all companies, even those with only one employee!
The Supreme Court had to rule that Obamacare is essentially a tax, to make the Act constitutional, even though the Obama administration kept insisting that the Act wasn’t a tax, because that would break another Obama promise that no family earning under $250,000 would have their taxes raised a dime with him as president.
Consider that promise broken many times over.
Remember, Obama promised that if you liked your current insurance, you could keep it. Provisions of the Act does not state that specifically, as many employers will be forced to drop their insurance coverage, since the primary goal of Obamacare was never to reduce costs, but was to eventually replace private health insurance as noncompetitive, with the one size fits all national government health insurance plan supported by taxpayers.
Another provision of the bill that was discovered, after it was passed, is that once a state agrees to provide a health insurance exchange, the federal government has to give the state permission for the state to opt out of the exchange if they change their mind at some future date.
Also, typical of government programs, billions will be paid initially during the implementation of “Affordable” Care Act, but after the specified number of years, the states will have to pick up costs.
Where is that money going to come from in the case of almost bankrupt Illinois with pensions and healthcare being the primary contributors to state debt? It’s going to come from both the taxpayers making over and under $250,000, that’s where it’s going to come from.
The Democratic Congress and the administration should have found out what was in the bill before they passed it, Nancy!