Saturday, September 27, 2014

ObamaMESS 'Family Glitch' could Affect 2 Million Americans

Nearly two million Americans could be affected by what’s been termed the “family glitch” within President Obama’s healthcare law, according to a new study by the American Action Forum.
In theory, Obamacare is supposed to offer fully or partially subsidized health insurance to Americans below a certain income threshold if they do not have the option of obtaining affordable coverage through their employers. "Affordable" is defined as coverage cheaper than 9.5 percent of household income.
But under a ruling by the Internal Revenue Service, an employer is only required to offer affordable coverage to individuals.
The “glitch” arises when one or both spouses is offered individual coverage through their employers that is deemed “affordable,” but the employers either do not offer family coverage, or that coverage is not actually affordable.
Such families are not able to obtain federally subsidized insurance coverage, because one or more of the family members was offered affordable employer coverage. So they face the choice of either purchasing unaffordable coverage, or going uninsured.
Read the rest of the story HERE.

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