Why Obamacare Will Motivate Millions Of Americans To Make Less Money And Get Divorced
By Michael Snyder
November 11th, 2013
Did you know that Obamacare contains huge incentives that will actually motivate people to try to reduce their incomes? It’s true. Under Obamacare, making less money can pay off big time. As you will see below, reducing your income by just $1,000 could get you an Obamacare subsidy worth over $14,000. Who wouldn’t want to make that trade? And guess what? Obamacare also makes divorce highly profitable for millions of American couples. In fact, there are some U.S. couples that are already considering divorce due to the provisions contained in the new health care law. Of course those couples still plan to live together – they just want to get divorced so that they can save thousands of dollars on their health care expenses. Yes, I know that sounds absolutely crazy. But this is actually happening. The truth is that Obamacare is turning out to be a much larger disaster than anyone anticipated, and it seems like new “surprises” just keep popping up with each passing day.
The figures that you are about to see were calculated using the Kaiser Family Foundation subsidy calculator. These numbers apply to a husband and a wife that are both 62 years old.
A non-smoking, married couple living in San Francisco, California earning $63,000 a year will have to pay $20,318 a year for a silver plan under Obamacare and $12,647 a year for a bronze plan.
At $63,000, that couple would be making too much money to be eligible for a subsidy, so that couple will have to pay the total cost of whatever plan they choose by themselves.
But if that couple only made $62,000 a year, things would dramatically change.
The plans would still cost the same, but the couple would now be eligible for an Obamacare subsidy of $14,428.
So a silver plan would end up costing them only $5,890, and they would ultimately pay nothing for a bronze plan.
In other words, by reducing their income by $1,000, that couple would save $14,428 if they got a silver plan or they would save $12,647 if they got a bronze plan.
Isn’t that bizarre?