SmaptyWolf said:
Uh oh! A new KFF survey has the vast majority of Americans in favor of reinstating the Obamacare subsidies that just got gutted, including 57% of MAGA voters!
You may want to yell about illegals a little louder, it doesn't seem to be working this time.
lol let's reinstate something that was a temporary gimmick during COVID that didn't fix anything in the ACA exchanges.
The system doesn't work, the tax credit isn't going to save it. It only masks the fact the passing Obama Care did nothing to stop healthcare costs increasing.
Let's look at the KFF study:
"Since 2014, the ACA has capped how much subsidized enrollees pay for their health insurance premiums at a certain percent of their income, on a sliding scale, with the federal government covering the remainder in the form of a tax credit. Enhanced tax credits work by further lowering the share of income ACA Marketplace enrollees pay for a plan. For example, with the enhanced tax credits in place, an individual making $28,000 will pay no more than around 1% ($325) of their annual income towards a benchmark plan. If the enhanced tax credits expire, this same individual would pay nearly 6% of their income ($1,562 annually) towards a benchmark plan in 2026. In other words, if the enhanced tax credits expire, this individual would experience an increase of $1,238 in their annual premium payments net of the tax credit."
This is such a ridiculously low cost for health insurance it's not sustainable.
I would rather pay to enroll these people into a jobs program, at least there's a cost benefit to the GDP there.