Friday, November 18, 2011

How ObamaCare Cheats the Poor

Obama sets a devastating trap for low-income families.
by John Hayward

 

 

Were you under the impression that ObamaCare was supposed to improve access to health insurance for the poor, a goal that was worth destroying the health insurance industry and ruining medicine for the rest of us?  Guess again. 

A revealing article by Diana Furchtgott-Roth at RealClearMarkets explains how the bill that wrecked health insurance will “raise the cost of insurance for some low- or middle-income families, or even make it unaffordable entirely.”

In a new National Bureau of Economic Research working paper, Cornell University professor Richard Burkhauser, Indiana University professor Kosali Simon, and Cornell PhD candidate Sean Lyons showed that in 2014, when the law will take full effect, 13 million low-income Americans may be unable to get subsidized health insurance through new state health care exchanges because one family member has employer-provided coverage for that person only.

 

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Read more here: http://www.humanevents.com/article.php?id=47608