The fine print in the policies may look and read like insurance, but the reality is that they are a scheme to promise and tax until the system breaks, leaving only the political and financial elite with real health care. The rest will suffer and die prematurely and, in the meantime, live in poverty and slavery.
Trump’s Justice Department endorsed eliminating Obamacare in its entirety, instead of just the individual mandate that penalized people who refuse coverage. Critics say it gives Democrats the advantage in the next election, because a large segment of the population wants Obamacare so long as someone else pays for it.
The Trump administration is halting billions in payments to health insurance companies after a federal court in New Mexico ruled that the federal government was using an inaccurate formula for allocating payments from the risk adjustment program of Obamacare that takes funds from plans with lower-risk healthy enrollees and gives it to plans that cover people who need more care and are expected to have high medical costs.
The US Congressional Budget Office estimates that it will spend $700-billion on subsidies this year to help pay the health-care premiums for Americans under the age of 65. The extravagant benefits of the government’s so-called ‘affordable health care’ has forced insurers to raise premiums by 34% in 2018.
The Tax Cuts and Jobs Act repealed the individual mandate portion of the Affordable Care Act that requires people who reject the insurance to pay a penalty of $695 or 2.5% of their income. However, Obamacare is still in effect and requires employers with businesses with 50 or more full-time employees to pay for their full-time employees health insurance, regardless of the cost. This is forcing many employers to reduce the number of full-time employees or go out of business altogether.