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November 26, 2013

Accountant to client 'seething at a President he helped elect': I don't know the right thing to do. Nobody does. There are no answers. Right now (Obamacare's) a complete clusterf*ck

Topics: Political News and commentaries

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Bruce Barcott writes in the liberal New York Observer this devastating op-ed on his personal experience resulting from Obamacare: My Obamacare Cancellation

We received the letter in the mail a couple months ago. The good people at Regence Bluecross Blueshield were pleased to inform us that due to Obamacare our current low-monthly premium, comically-high deductible medical policy would no longer exist come January 1, 2014. Pleased, because a new and better plan would be offered in its place. Old monthly premium: $578 for a family of four (non-smoking, helmet-wearing, and paternally snipped). New premium: $1,123. A 94% increase.

Once the sound of boiling blood dissipated, in my head I heard my Republican friends chuckling at the sight of a liberal Democrat hoisted ten stories high on his own petard. How's the view up there, Obamacare Ollie? ]

[...] I went to a friend and colleague -- let's call him Peter -- for advice. He also had his individual medical policy cancelled because of Obamacare. "I'm stuck on the same question -- income," he told me. Peter does a little writing, a little farming, a little this and that to keep the ship afloat. "I got through to the exchange, and the woman there told me to just estimate what my income would be this year." In other words: Make it up. If he overestimated, he'd be screwing himself out of a subsidy, Peter said. If he underestimated, he'd be hit with a big fat bill. He wasn't sure he wouldn't also be accused of fraud. So he called his accountant, who's also a lawyer.

That only got him so far. At a certain point in the conversation, the accountant/lawyer had to get off the phone. "I have to stop answering your questions," he told Peter. "I can't ethically advise you, because honestly I don't know the right thing to do. Nobody does. There are no answers. Right now it's a complete clusterfuck."

There's more ... and it gets even worse, or better, depending on whether or not your were naieve enough to have believed and voted for Obama.

Posted by Hyscience at November 26, 2013 9:27 AM

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