I forgot to blog anything about the Ted Cruz-applies-for-♡bamaCare!!! story, because it shouldn’t be news when a presidential candidate obeys the law — but such is the age in which we live that it is news.
Having said my piece on that, here’s this:
Obamacare isn’t enrolling enough middle-to-high income Americans to remain stable over the long term, according to a new analysis.
Over the past few weeks the Obama administration has taken a victory lap touting the 11.7 million enrollees in Obamacare’s health exchanges during the most recent open enrollment, beating administration estimates of 9 million.
However, 40 percent of the people who enrolled in healthcare.gov earn up to nearly $18,000 a year and another 25 percent earn nearly $30,000, according to an analysis from the research firm Avalere health.
On the other hand, only 8 percent of people who earn up to $44,000 a year signed up through healthcare.gov, which covers 37 states. Only 2 percent of enrollees earn $60,000 and above.
The poorer enrollees receive subsidies paid for by richer enrollees — who aren’t enrolling.
The evidence is becoming clear that ♡bamaCare!!! is less about providing insurance coverage than it is about creating an additional form of welfare dependency.