Carlin: Wall Street Owns Washington

OBAMACARE:


If you’re family does not have insurance, on January 1, 2014, Obamacare will provide you sliding-scale subsidies that will pay for 70% of the average enrollees health care costs.

So if the average family premium for a family is $14,100, your out-of-pocket premiums would look like this (from CBO):

Family Income ….Annual Family Premiums after subsidy….(percent of families in that income bracket)

• $30,000: …………………………$600 ……………………… (34% of the population)
• $42,000: ……………………….$2,400 ……………………… (11% of the population)
• $54,000: ……………………….$4,000 ……………………… (12% of the population)
• $66,000: ……………………….$6,100 ……………………… (10% of the population)
• $78,000: ……………………….$7,900 ………………………. (8% of the population)
• $90,100: ……………………….$9,200 ………………………. (5% of the population)
• $102,100+: …………………..$14,100 ……………………… (15% of the population)

This is what the costs would be if Obamacare is repealed by Republicans:

Family income….Annual Family Premiums without subsidy….(percent of families in that income bracket)

• $30,000: ……………………..$14,100……………………… (34% of the population)
• $42,000: ……………………..$14,100……………………… (11% of the population)
• $54,000: ……………………..$14,100……………………… (12% of the population)
• $66,000: ……………………..$14,100……………………… (10% of the population)
• $78,000: ……………………..$14,100……………………….. (8% of the population)
• $90,100: ……………………..$14,100 ………………………. (5% of the population)
• $102,100+: ………………….$14,100 ……………………… (15% of the population)

This is paid for by….

–3.8% increase on capital gains taxes
–tax hike on drug manufacturers
–tax hike on insurance companies
–reduction in reimbursements.

 

– viper