Saturday, January 16, 2010

Obama Care and Marriage Equality

From the Wash Times Editorial on Obamacare's marriage penalty... so much for marriage,
The first sort of marriage penalties affects low- and middle-income couples who would get their insurance without employer assistance but with government subsidies. The penalties accrue through the "caps" on premiums. In the House plan, an unmarried couple living together with each earning $25,000 would pay no more than $3,076 in combined premiums each year. If the same couple got married, their annual cap would skyrocket to $5,160 - a 68 percent punishment just for saying "I do." (The penalty in the Senate bill is slightly lower, at 48 percent.)

What is even worse is that the subsidies are suddenly and completely cut off once somebody reaches 400 percent of the official poverty-level income ($63,360 in 2016). The arithmetic is complicated, but what it means is that two unmarried persons earning $32,000 each ($64,000 total) would pay a maximum combined $5,684 in premiums, but if they got married, they would pay about $15,000. That is an astonishing penalty of 164 percent. It is almost impossible to imagine a policy that could be any more anti-family than that.

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