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Obamacare Hammers Upper Middle Class in California: 30% Premium Hikes

Written by Gary North on March 29, 2013

If you are a lower income person in California, your ship has come in. If you make over $70,000, your ship has pulled out. You are about to be run over by a freight train.

The Los Angeles Times reports:

Compared with what individual policies cost now, premiums are expected to rise an average of 30% for many middle-income residents who don’t get their insurance through their employers.

Alternatively, lower-income consumers will reap the biggest savings and are projected to save as much as 84% off their coverage thanks to federal subsidies.

How many people are in each camp? The losers number 1.3 million. The winners are 3.6 million.

This is democracy. “Thou shalt not steal, except by majority vote.”

If you are not married, and make over $46,000 a year, you’re toast. If your family income is above $94,000, you’re toast.

If you have insurance from your employer, you survive. Your employers may decide to fire you. You just got way more expensive. Do the words “independent contractor” sound familiar?

Small businesses can escape. They do not have to bear the cost. They can transfer these costs to employees.

The poor think it’s great. The middle class will pay the freight.

It’s time for health insurance with $5,000 deductibles, $10,000 deductibles, even $20,000 deductibles. It’s time for HSA’s (health savings accounts). It’s time for Christian non-insurance health care cost-sharing societies.

Maybe it’s time to move out of California.

Pelosi did it, but let’s all blame Obama.

Continue Reading on www.latimes.com

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13 thoughts on “Obamacare Hammers Upper Middle Class in California: 30% Premium Hikes

  1. How do you like that, Calif.? What will Pelosi do to you next? What will her "Pass it, then read it" bill do to you?

  2. LMFAO! These morons in mexifornia believed in their savior, obama, and now it is going to cost them! I pity the conservatives who cannot escape the democrap bastards!

  3. The problem is that when the lame and destructive ideas of the liberal fools come to fruition then they RUN to a Red State… And start the PERVERTED IDEAS up again. The deficate in their own food source then runs to yours to do the same. They are BRAIN DEAD!

  4. Scotty Moore says:

    Gover-worm Brown is no help to to his own state. He is a traitor to himself and those he represents. He is holding hands with the liberals, yet at the same time they are pulling the puppet strings and controlling his every move.
    Though I am amongst the poor I don’t believe this baloney fair share _hit. When did fair mean he who has more have to give more?
    When equality becomes equal equity, you end up with poverty.

  5. ken1lutheran says:

    California's too busy opposing oil drilling and logging and paying–willingly–public employee unions. They've had plenty of opportunity to change course. THEY WANT THIS! INCLUDING THE RICH!

  6. Pelosi is probably thinking ,,,oh sh*t,,they are starting to understand what was in it,,,I better make myself scarce. That's right,,the chickens will come home to roost and you better not be there when they do. Love it.

  7. mzkscool says:

    Well, rich people going to loose, but poor people should benefit. It's called social equality. The rich would be okay, only will have to share. Just remember, that Obama is fighting for social justice. It's a great thing.

  8. Why do Californians care? They are severely handicapped when the issue is math skills. The last time California had anyone to teach them math skills was when Jaime Escalante taught advanced math to hispanic kids that the left had written off. Then the California teachers’ unions exiled Jaime back to Peru. California is to tha U.S. as Greece is to the European Union.

  9. I have a friend that lives in San Diego, & she told me hers went up by $600.

  10. Oops, & she's single, so I can only imagine what a family's will go up by!

  11. So much for equal protection under the law.

  12. mzkscool says:

    Well, it's not going to be that scary. Billionaires do not pay taxes, while poor people have to work hard for a minimal wage and barely can meet their ends. America is in crisis and they have to resort to these not so fair to rich people means. It was going to come. We could not function like that anymore. All of us have to be not selfish. Greediness and selfishness caused Republicans to loose. Democrats took over because most of American people chose them, not rich.

  13. Like I said, so much for equal protection under the law. Unless it suits your agenda. You know there is no law from preventing you from paying more taxes than you are required to. Go ahead and lead by example. Government waste needs to be addressed before ANYONE pays more in taxes. Period.