Profile image
By Northwoods Patriots (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

Redistribution Via Price Discrimination

Wednesday, June 29, 2011 21:44
% of readers think this story is Fact. Add your two cents.

American Specator — 6/28/2011

. . . since the actuarial nature of insurance and the realities of long-term cost management cannot be ignored, the effect is that those with above-average incomes will be subjected to inflated premiums relative to costs.”
In other words, Obamacare is just another way for President Obama to achieve his goal of redistributing income and wealth.

In short, for the same medical coverage, some households will have to pay a percentage of their gross incomes that’s more than three times what households with lower incomes will have to pay.   Ineligible for any subsidy, households with incomes higher than four times the federal poverty level will have to pay whatever price the government dictates.

Northwoods Patriots – Standing up for Faith, Family, Country –

Read more at Northwoods Patriots


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global

Top Alternative



Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.