By Rolf Yungclas ——Bio and Archives--October 6, 2014
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"Whether the quality of care in the new market is comparable to private offerings remains to be seen. But one thing is clear: The cost of care in the new market doesn't stack up. A single wage earner must make less than $20,000 to see his or her current premiums drop or stay the same under Obamacare, an independent review by National Journal found. That's equivalent to approximately 34 percent of all single workers in the U.S. seeing any benefit in the new system. For those seeking family-of-four coverage under the ACA, about 43 percent will see cost savings. Families must earn less than or equal to $62,300, or they, too, will be looking at a bigger bill. "Those numbers include the generous tax subsidies designed to make the new system more attractive to consumers."Casey B. Mulligan described it this way on September 9, 2014:
"By the end of this decade, nearly 20 million additional Americans will have health insurance as a consequence of the law. But the ultimate economy-wide cost of their enrollments will be at least double what it would have been if these people had enrolled without government carrots and sticks; that is, if they had decided it was worth spending their own money on health insurance. In effect, people who aren't receiving assistance through the ACA are paying twice for the law: once as the total economic pie gets smaller and again as they receive a smaller piece. "The Affordable Care Act is weakening the economy. And for the large number of families and individuals who continue to pay for their own health care, health care is now less affordable."
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Rolf Yungclas is a recently retired newspaper editor from southwest Kansas who has been speaking out on the issues of the day in newspapers and online for over 15 years