Before the ACA was passed, Democrats screamed, “The sky is falling! We must pass this law!’ Now that the Supreme Court stands poised to finally drive a stake through the heart of one of the worst misuses of legislative power exercised by a single party this century, the Democrats are again screaming, “The sky is falling!”
But is it?
Betsy McCaughey’s June 3rd New York Post article, “If Supremes Slap ObamaCare, it’s health insurers who lose” nails the post-decision fallout from King v. Burwell, should the Supremes actually apply the “plain meaning” of the ACA and gut Obamacare’s subsidies. (Emphasis added)…
Any of the 37 states that want to can set up an exchange and immediately qualify for the subsidies. But most are controlled by the GOP and won’t do it.
Without subsidies, the employer mandate is toothless, because employers are only fined if their uninsured workers go to an exchange and get a subsidy.
Employers who have been struggling to keep their workforce under 50 (where ObamaCare kicks in) and use part-timers (who aren’t subject to ObamaCare) won’t have to worry any more.
Nullifying the employer mandate is likely to ignite a hiring boom.
According to the US Chamber of Commerce, that looming mandate has caused 21 percent of small businesses to reduce workers’ hours, 41 percent to delay hiring and 27 percent of franchises (such as fast-food restaurants) to replace full-timers with part-timers.
People facing a penalty for being uninsured will also come out ahead. Without subsidies, most will be exempted from the penalty, saving them $2,000 on average next year.
Despite Democrats’ dire warnings, the poor won’t be hurt. An amazing 89 percent of people who are newly insured because of ObamaCare are on Medicaid, which won’t be affected.
Ignore the alarmist rhetoric. A loss for the Obama administration in King v. Burwell will be a win for most Americans.
We all know Democrats are nothing if not audacious, so here’s the rub – If the subsidies are overturned, the Dems will then take credit for the sure-to-follow hiring boom!
The ACA choked economic growth by forcing small businesses to stay below 50 employees to avoid paying unaffordable health insurance premiums for all their employees. Striking down the subsidies adds certainty to an unstable market and small business can finally invest and expand, putting many hundreds of thousands of the unemployed to work.
Dems caused the economic slowdown with trillions upon trillions of spending with virtually nothing to show for a 6 year malaise, which they deliberately aggravated and accelerated in order to expand the liberal socialist agenda and governmental power.
Via: American Thinker
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But is it?
Betsy McCaughey’s June 3rd New York Post article, “If Supremes Slap ObamaCare, it’s health insurers who lose” nails the post-decision fallout from King v. Burwell, should the Supremes actually apply the “plain meaning” of the ACA and gut Obamacare’s subsidies. (Emphasis added)…
Any of the 37 states that want to can set up an exchange and immediately qualify for the subsidies. But most are controlled by the GOP and won’t do it.
Without subsidies, the employer mandate is toothless, because employers are only fined if their uninsured workers go to an exchange and get a subsidy.
Employers who have been struggling to keep their workforce under 50 (where ObamaCare kicks in) and use part-timers (who aren’t subject to ObamaCare) won’t have to worry any more.
Nullifying the employer mandate is likely to ignite a hiring boom.
According to the US Chamber of Commerce, that looming mandate has caused 21 percent of small businesses to reduce workers’ hours, 41 percent to delay hiring and 27 percent of franchises (such as fast-food restaurants) to replace full-timers with part-timers.
People facing a penalty for being uninsured will also come out ahead. Without subsidies, most will be exempted from the penalty, saving them $2,000 on average next year.
Despite Democrats’ dire warnings, the poor won’t be hurt. An amazing 89 percent of people who are newly insured because of ObamaCare are on Medicaid, which won’t be affected.
Ignore the alarmist rhetoric. A loss for the Obama administration in King v. Burwell will be a win for most Americans.
We all know Democrats are nothing if not audacious, so here’s the rub – If the subsidies are overturned, the Dems will then take credit for the sure-to-follow hiring boom!
The ACA choked economic growth by forcing small businesses to stay below 50 employees to avoid paying unaffordable health insurance premiums for all their employees. Striking down the subsidies adds certainty to an unstable market and small business can finally invest and expand, putting many hundreds of thousands of the unemployed to work.
Dems caused the economic slowdown with trillions upon trillions of spending with virtually nothing to show for a 6 year malaise, which they deliberately aggravated and accelerated in order to expand the liberal socialist agenda and governmental power.
Via: American Thinker
Continue Reading.....
