The people that are getting killed in this deal are small business people and individuals who make just a little too much to get any of these subsidies. Why? Because they’re not organized. They don’t have any bargaining power with insurance companies. And they’re getting whacked. So you’ve got this crazy system where all of a sudden 25 million more people have health care, and then the people who are out there busting it, sometimes 60 hours a week, wind up with their premiums doubled and their coverage cut in half. It’s the craziest thing in the world.
It doesn’t make any sense. The insurance model doesn’t work here.
As one reader points out, though, what is more shocking? That Bill Clinton is trashing President Obama’s signature law or that a Clinton is telling the truth.
Bill Clinton: Obamacare “Crazy System,” People End Up W/ “Premiums Doubled And Coverage Cut In Half”
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