OK, so let me get this straight. The problem that ObamaCare was trying to fix was this: uninsured people got free healthcare at emergency rooms, but this cost was borne by taxpayers.

So the solution is to subsidize their insurance. The subsidies come from their tax refund via the IRS. Where does the money come for these subsidies? The taxpayer. And for those not getting subsidies for their ObamaCare insurance, many are seeing rate increases to also offset these lower cost plans. And since the Supreme Court called this a tax, then again, the money is coming from the taxpayer.

And since those subsidized plans don’t really get subsidized until folks get the credits on their tax refund, they have to front both the cost of the plan and the cost of the often huge deductibles, until tax time. How about that? The poor give Uncle Sam a no-interest loan. How compassionate.

Here’s the bottom line: The problem was that taxpayers bore the cost of the poor getting free health care. The solution is that the taxpayers bear the cost of insurance for the poor, and the poor bear the full cost of the insurance and thousands of dollars of deductible until sometime the following year. Does that make sense to anyone?

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Filed under: Doug • Economics & Taxes • Government • Healthcare

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