Will Obamacare make us lazy?

According to the non-partisan Congressional Budget Office, Obamacare, when fully implemented, will cost the equivalent of 2.3 million jobs.  Not so much from businesses cutting back hiring but because people will not want to work so much.

Older people will no longer feel they need to keep working until they can get on Medicare, so they can retire early.  Middle class people will work less so as to purposefully earn less–that way, they can qualify for a subsidy.  Rich people will also work less to earn less so that, given the increased tax rates to pay for Obamacare, they won’t have to pay so much in taxes.

This is the benefit of making everyone dependent on a government program:  The economic disincentives built into the welfare system will now apply to everybody! [Read more...]

Obamacare update

So where do we stand with Obamacare, now that HealthCare.gov is more or less working?  Michael Gerson reports:

The early returns are in. A large majority of the 2.2 million people who had purchased insurance on the exchanges by year-end — 65 percent to 90 percent, according to reporting by the Wall Street Journal — already had insurance. Economic writer Megan McArdle did the math, estimating that just 15 percent (750,000) of the 5 million uninsured that the Congressional Budget Office expected to sign up in the first year have actually done so. Meanwhile, administration claims about increases in coverage for the uninsured under Medicaid are badly, even deceptively, inflated, as Sean Trende has documented. [Read more...]

What in Obamacare now goes into effect

However bad HealthCare.gov has been, much of Obamacare is now in effect with the turning of the new year.  You need to know what all applies now, so details after the jump. [Read more...]

HealthCare.gov is now mostly working–will you sign up?

HealthCare.gov is now working 90% of the time, according to officials, though glitches sometimes come up.  So those of you who don’t have health insurance or whose individual plans have been cancelled have until the end of the month to buy Obamacare-approved insurance on the exchange.  Otherwise, you won’t be covered by January 1 and you will risk fines for the crime of being uninsured.  (You have until March 31 before the penalties click in.  In a system all of the parts have to work, which is hard in this case since parts of Obamacare have been postponed.  It gets very confusing.  Here is a helpful guide to it all.)

So now is the time to poll you readers who are most immediately affected by the Obamacare laws.  I would very much like to hear from those of you who don’t currently have health insurance and who will be required to buy it, possibly with the help of government subsidies, under Obamacare.  Will you do so?  Or would you rather pay the fine?  (The links above will show you about how much it will be.)  Are you glad that Obamacare is making you get health insurance? [Read more...]

Obamacare for small businesses delayed a year

Most attention in the Obamacare rollout has been on the individual mandate to buy insurance from an approved “exchange.”  But small businesses, those with 50 or fewer employees, have an exchange of their own that they can buy from.  But that part of the HealthCare.gov website isn’t working either.  So the administration is delaying that part of Obamacare for a year. [Read more...]

The fate of “transformational liberalism”

As Obamacare goes, says Charles Krauthammer, so goes the fate of what he calls “transformational liberalism.”  The problems and unintended consequences of the former, he says, may discredit what has been the driving ideology of the Democrats. [Read more...]


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