While we await the pending United States Supreme Court decision on the legality of subsidies for non-state exchanges under the Affordable Care Act, we learned that premiums and deductibles have risen and will rise even more next year.
DeVine Law advised all along that the main evil of Obamacare (and there are many), and which ALONE would destroy the private health insurance industry, are the coverage mandates that apply to insurance companies which make premiums and/or deductibles for low and middle income families and individuals quite unaffordable.
National Review’s Ramesh Ponnuru further expounds on this issue:
“On this view, the law’s most objectionable aspect isn’t the tax credits. The real problem is that Obamacare makes the federal government the primary regulator of health insurance, uses that regulatory power to strictly define coverage in ways that restrict options and competition, attempts to force people to buy insurance products they don’t want, creates a federal board of dubious constitutionality to set standards, and assumes that empowering experts in Washington is the best way to make health care more efficient and rational. The tax credits in Obamacare are objectionable mainly insofar as they further this highly prescriptive scheme….” Continue reading