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News Link • Obamacare

Even The Cheapest Obamacare Plans Are "Unaffordable" In 94% Of American Cities, New Study

• http://www.zerohedge.com, by Tyler Durden

The problem is that the folks who make too much to qualify for subsidies (currently defined as roughly $80,000 for a family of 3) are increasingly being priced out of the market for individual insurance by Obamacare's 30%+ price hikes that consistently come year after year.  Meanwhile, those "rich" families making $80,000 a year are the ones expected to overpay for their health insurance so that a portion of their premiums can be "spread around a little bit" (as Obama likes to say) to subsidize the premiums of others.  Of course, it's easy to see the circularity here as higher premiums equals less "full-paying" customers and less subsidies equals higher premiums...until the whole system collapses.  

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