Sunday, November 9, 2014

The Affordable Care Act and Mid-term Elections

Many wonder how the mid-term election will afffect the Affordable Care Act ?

Perhaps not at all, however a recent exit poll of GOP voters indicated an unhappiness factor for most GOP voters.   Almost 60% want the Affordable Care Act repealed.

The current structure of the executive branch, and congress may not make this a practical reality until the Presidential election in 2016.  Obama would veto any motion to repeal the act.  Republicans may thwart a ny further plans Obama has for immigration, unless he complies with GOP plans.

There are no doubt some citizens who benefitted by coverage, if they can meet the extremely high deductibles and copays, and find a physician.  The next two years will shake out those who cannot comply for financial reasons.  The underlying formula is based upon the federal poverty rates, which are unrealistic. Basing any ability to pay any amount on the formula is fantasy 101.

People's incomes show large variations in many cases, month to month, especially for low income workers, average income figures fall far short for eligibility purposes.

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