There seems to be no end to the interpretive jujitsu
government officials are willing to employ to save ObamaCare from its poorly written self.
The newest example comes from the Internal Revenue
Service. Under the terms of the Patient Protection and Affordable Care
Act (i.e. ObamaCare), the IRS is charged with accounting for an important
subsidy program. The subsidies are tax credits that help reduce the
cost of health insurance bought on a state-run exchange. If Oklahoma’s
case is successful, ObamaCare’s insurance mandates and penalties would be
effectively nullified in the Sooner State. Other states would likely follow
suit
The credits
are needed because ObamaCare’s litany of mandates – such as requiring
insurers to accept customers with pre-existing conditions – dramatically
increase the cost of health insurance. For example, the IRS estimates
that the cheapest health insurance plan to cover a family of five will cost
$20,000 a year. And even this only covers 60 percent of medical
costs.
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