Annette correctly
observes –
“Repeal won’t be easy and likely won’t be
popular.”
I wrote about
Obamacare in my post “Donald Trump for President is a Lot Like Obamacare” –
“The basic concept of Obamacare – universal
substantive health insurance coverage – is a good one.
But Obamacare as hastily written, without taking the
time to properly and completely think it through – i.e. the Affordable Care Act
(ACA) - is a convoluted mess. Its many
flaws outweigh its benefits.”
In the post I also
said –
“The Affordable Care Act as written, like the
US Tax Code, should be totally shredded and rewritten from scratch.”
There are good
things about Obamacare –
· Financial
assistance to reduce out-of-pocket premium costs for individuals who otherwise cannot
afford health insurance – currently in the form of the Premium Tax Credit.
· Required acceptance
of “pre-existing conditions”.
But there are many
bad things, among them –
· Financial penalties
for not having coverage or not providing coverage to employees.
· Premium costs based
on age (the older you are the more expensive the premiums).
· Requiring
individuals to purchase insurance through a state-based federal Marketplace in
order to get financial assistance via the Premium Tax Credit. Actually the state-based federal Marketplace in general.
· Requiring the IRS
to administer yet another federal social welfare program.
· The NIIT and
Medicare surtaxes, and other restrictions and "nickel and dime" taxes and fees.
And, of course, as with
anything written by the idiots in Congress, as I said in my post it is a
complicated and inequitable mucking fess.
The Republicans
have to be careful to actually adequately and properly replace and not just repeal
Obamacare in its legislation so those currently covered are not screwed, as
Americans too often are by the idiots in Congress.
TTFN
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