What can I say other than the Affordable Care Act is becoming more unaffordable to more Americans.
As many Americans begin preparing their income taxes, they are finding more ways the Affordable Care Act is dinging their wallets and purses. We all know about the millions of us that will be paying the fines for not having health insurance. Let’s face it, the fine this year of $95 per person or 1% of our income is only a fraction of what we would pay for just one month of coverage.
Another group of Americans are learning that their failure to report changes in their income is resulting in huge paybacks to the federal government, if they had received a federal subsidy.
That’s the case for Janice Riddle of Los Angeles. In 2013 she was unemployed and purchased her healthcare insurance through California’s exchange program. At the time, she qualified for a federal subsidy that paid $469 a month of her $470 a month premium.
In early 2014, Riddle got a job, but her employer did not offer healthcare coverage so she kept her exchange purchased policy. She admits now that they failed to report the change in her income and now the federal government wants her to repay all of her subsidy. Fortunately for her, she has savings that she can dip into to pay back the subsidy, but many Americans don’t have several thousand dollars in savings and are finding themselves in a financial bind.
College students at some universities are also being hit in the wallet because of Obamacare. Many colleges and universities provide healthcare insurance that students can purchase. But what if they already have insurance and don’t need the university insurance?
Cornell University students are being informed that if they already have healthcare insurance and don’t want the $2,352 per year insurance the school provides, that they are being billed $350 for opting out. The fee is called a ‘health fee’ and students are being forced to either purchase the school’s healthcare insurance or pay a fee not to purchase it.
A memo issued by the prestigious university states:
“Effective next academic year, 2015-16, we will be introducing a student health fee for those not enrolled in the Cornell Student Health Insurance Plan (SHIP). As a physician, parent and president, I am proud of our university’s long history of providing quality medical, mental health, education and prevention services on campus. These essential services play a critical role in student well-being and, therefore, success. Yet funding these services — and creating access to them for all students — has been a growing fiscal challenge, and a personal concern of mine.”
Cornell students have taken to social media with comments like:
“Dear Cornell students: welcome to socialism. #FightTheFee”
“I think sometimes @Cornell administration forgets we’re intelligent adults who pay for our education and not eight year olds #FightTheFee”
“Cornell has BILLIONS of dollars in its endowment. It is NOT poor in any measure. #FightTheFee”
The one student that tweeted ‘welcome to socialism’ hit the nail right on the head. Every aspect of Obamacare has nothing to do with effective healthcare or insurance, but everything to do with forcing socialistic programs on the American people. Unless Americans want to live under the similar tyranny that our colonial founders lived under, it’s time for a second American Revolution. It’s time we revive the words of the Declaration of Independence that state:
“That all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness; that, to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed; that whenever any form of government becomes destructive of these ends, it is the right of the people to alter or to abolish it, and to institute new government, laying its foundation on such principles, and organizing its powers in such form, as to them shall seem most likely to effect their safety and happiness.” [Emphasis mine]