Progress Pond

Casual Observation

I’m kind of busy today, but I just wanted to make the point that the subsidies in Obamacare are tied to income levels, so if the rates go up it is the government that pays more, not the consumer. Of course, this isn’t true for people who make too much money to qualify for subsidies. Still, the combination of rich people not wanting to pay more and the federal government not wanting to pay more means that the growth in insurance rates will probably be much lower than it has been historically.

The Republicans would do better to point out that people getting subsidies will see their raises erased by lower subsidy payments.

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