I emailed this to every Republican United States Senator this morning.
I think the significance of the administration's Obamacare actions in the past week are not getting the attention they should because the ramifications are not obvious.
They are eliminating the supposed funding and maintaining the expense and steering Obamacare towards the goal they want while jettisoning the ameliorating aspects that helped sell it.
We are on the cutting edge of the elimination or implementation of this fraud:
Is “Obamacare” the Biggest Scam of All Time, or is the Administration Incredibly Inept?
The Obama administration announced this past week (at 5 PM on the Friday after July 4th) that they have removed the key funding and anti-fraud measures from “Obamacare” aka The Patient Protection and Affordable Care Act;
-the employer mandate to provide health insurance or pay $2,000/ $3,000 per employee fines has been delayed for a year (and probably forever), and
-individuals in states that run their own health insurance exchanges, like democratic strongholds California and New York (and eventually probably all states), will not be required to show they don’t have affordable employer provided coverage or have their income verified before qualifying for huge premium subsidies.
The employer “fines” were a key part of Obama’s pledge that Obamacare WOULD NOT INCREASE THE FEDERAL DEFICIT when he sold it to congress and the senate. The safeguards that only the truly needy would be able to get the $10,000+ annual premium subsidies would protect the new system from fraud.
Now the administration says they are responding to pleas from the business community that the reporting provisions (benefits and employee cost) are too onerous to comply with and the administration will no longer require employers to report the cost and benefit of their health plans.
The provision that premium subsidies are only available to those that do not have access to “an adequate plan at an affordable cost” at work is gone. The new health insurance exchanges will accept the applicant’s statement that they don’t have affordable employer coverage available to them and won’t be able to verify this because the employer will not be required to report their benefits and costs as Obamacare originally required.
The administration also says they cannot implement the database to verify an individual’s income and resultant qualification for premium subsidies, a key anti-fraud provision of Obamacare.
They will accept the applicant’s “attestation” of their income when determining the level of subsidy and resultant net health insurance premium a participant pays!
A provision buried in the new law when it was passed in 2010 provides that incorrect subsidies that are received due to understated income, that are identified by future tax returns, can only be recovered by withholding from future tax refunds. No tax refund= no subsidy repayment!
It’s all laid out now for billions of dollars in health insurance subsidies, much of it fraudulently obtained, to be provided by deficit spending.
No one, democrat or republican, would have voted in favor of Obamacare in it’s present form.
What’s going to happen in the near future when the administration has to go to the senate and congress and request hundreds of billions of dollars to fund the Obamacare program that was supposed to require no funding?
It all leaves the question of whether:
1-the Obama administration knew all along that Obamacare could not be implemented as they sold it and that they always knew they would strip away the funding and safeguards at the last minute and leave the country with a huge new unfunded
entitlement program that was riddled with fraud, or
2- the Obama administration is incredibly inept and truly did not realize that Obamacare could never work as they proposed and sold it, and that it would become a huge new unfunded entitlement program that was riddled with fraud.
I think the significance of the administration's Obamacare actions in the past week are not getting the attention they should because the ramifications are not obvious.
They are eliminating the supposed funding and maintaining the expense and steering Obamacare towards the goal they want while jettisoning the ameliorating aspects that helped sell it.
We are on the cutting edge of the elimination or implementation of this fraud:
Is “Obamacare” the Biggest Scam of All Time, or is the Administration Incredibly Inept?
The Obama administration announced this past week (at 5 PM on the Friday after July 4th) that they have removed the key funding and anti-fraud measures from “Obamacare” aka The Patient Protection and Affordable Care Act;
-the employer mandate to provide health insurance or pay $2,000/ $3,000 per employee fines has been delayed for a year (and probably forever), and
-individuals in states that run their own health insurance exchanges, like democratic strongholds California and New York (and eventually probably all states), will not be required to show they don’t have affordable employer provided coverage or have their income verified before qualifying for huge premium subsidies.
The employer “fines” were a key part of Obama’s pledge that Obamacare WOULD NOT INCREASE THE FEDERAL DEFICIT when he sold it to congress and the senate. The safeguards that only the truly needy would be able to get the $10,000+ annual premium subsidies would protect the new system from fraud.
Now the administration says they are responding to pleas from the business community that the reporting provisions (benefits and employee cost) are too onerous to comply with and the administration will no longer require employers to report the cost and benefit of their health plans.
The provision that premium subsidies are only available to those that do not have access to “an adequate plan at an affordable cost” at work is gone. The new health insurance exchanges will accept the applicant’s statement that they don’t have affordable employer coverage available to them and won’t be able to verify this because the employer will not be required to report their benefits and costs as Obamacare originally required.
The administration also says they cannot implement the database to verify an individual’s income and resultant qualification for premium subsidies, a key anti-fraud provision of Obamacare.
They will accept the applicant’s “attestation” of their income when determining the level of subsidy and resultant net health insurance premium a participant pays!
A provision buried in the new law when it was passed in 2010 provides that incorrect subsidies that are received due to understated income, that are identified by future tax returns, can only be recovered by withholding from future tax refunds. No tax refund= no subsidy repayment!
It’s all laid out now for billions of dollars in health insurance subsidies, much of it fraudulently obtained, to be provided by deficit spending.
No one, democrat or republican, would have voted in favor of Obamacare in it’s present form.
What’s going to happen in the near future when the administration has to go to the senate and congress and request hundreds of billions of dollars to fund the Obamacare program that was supposed to require no funding?
It all leaves the question of whether:
1-the Obama administration knew all along that Obamacare could not be implemented as they sold it and that they always knew they would strip away the funding and safeguards at the last minute and leave the country with a huge new unfunded
entitlement program that was riddled with fraud, or
2- the Obama administration is incredibly inept and truly did not realize that Obamacare could never work as they proposed and sold it, and that it would become a huge new unfunded entitlement program that was riddled with fraud.