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View Diary: Administration delays implementation of employer mandate under Obamacare until 2015 (104 comments)

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  •  One-third right. The real problem. (3+ / 0-)
    Recommended by:
    MKDAWUSS, Zack from the SFV, deep h20

    (1) Putting more people into the exchanges, decoupling healthcare from job, is a good thing. You're right about this.

    (2) Employers have been enjoying record profits for several years now. They would not have to cut jobs due to the insurance mandate. True, they'd shift to more people working under 30 hours a week; this would result in some people earning less, but would also result in more of the unemployed being hired. A redistribution of economic misery, but not a net increase in it.

    (3) The real loss is in the states not expanding Medicare. Plenty of part-time workers will earn too little to receive subsidies for the exchanges. That's right, if your income is below 100% of poverty, you will earn too LITTLE to receive a subsidy.

    Example: let's say you earn $8 an hour and work 28 hours a week, 50 weeks a year. Your annual income is $11,200 a year. Let's say you're single and have no kids. The Obamacare subsidy you'll get is ZERO.

    This is a betrayal, and political malpractice (see my other comment on this diary).

    Subsidy calculator: http://kff.org/...

    "The true strength of our nation comes not from the might of our arms or the scale of our wealth, but from the enduring power of our ideals." - Barack Obama

    by HeyMikey on Wed Jul 03, 2013 at 10:15:57 AM PDT

    [ Parent ]

    •  Medicaid, not Medicare. NT (0+ / 0-)

      "The true strength of our nation comes not from the might of our arms or the scale of our wealth, but from the enduring power of our ideals." - Barack Obama

      by HeyMikey on Wed Jul 03, 2013 at 10:35:17 AM PDT

      [ Parent ]

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