Obamacare hits home as premiums arrive
The classic definition of a conservative is a liberal who got mugged. As sign-ups begin for the Patient Protection and Affordable Care Act, some of its supporters feel mugged.
Tom Waschura and Cindy Vinson, both of San Jose, Calif., are two such people.
They say they supported President Obama and believe in Obamacare, but they just learned how much more they will have to pay for their health insurance so that others will get health insurance.
Vinson said her premiums will rise $1,800 this year while Waschura's premiums will rise by more than $10,000 a year.
Their higher premiums will subsidize higher risk people, as government changes the basis of insurance from a system based on risk to one based on regulation.
"I was laughing at Boehner — until the mail came today," Waschura told the Mercury News.
"I really don't like the Republican tactics, but at least now I can understand why they are so [upset] about this.
"When you take $10,000 out of my family's pocket each year, that's otherwise disposable income or retirement savings that will not be going into our local economy."
Or as Vinson put it, "Of course, I want people to have health care. I just didn't realize I would be the one who was going to pay for it personally."
But they are lucky. She's 60 and he's 52.
Younger people will see even more of their health insurance premium rise as under this law they must be at least 33 percent of what elderly people pay.
Before Obamacare, premiums ran at 20 percent.
This is another transfer of wealth from young, working people to older people.
Of course, there are individuals who are helped by the act, but there seems to be far fewer than advertised.
But Congress could have written a better plan that provides coverage to those who need it, while not socking millions of others with higher premiums.
However that would have required Democrats to include Republicans in crafting the law.
Hardball politics has a price. Unfortunately the American people, not the politicians, are paying it.