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View Diary: Why is nobody talking about the OTHER Obamacare subsidy? (178 comments)

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  •  I should have noticed (0+ / 0-)

    in your first comment that you mentioned 401K's--I was thinking IRAs even though I repeated 401K. I really should have caught that, the ACA exchanges are only for people who don't have an affordable plan at work…employers who don't provide health insurance don't provide 401Ks, at least I've never heard of one.

    The ACA is designed to patch the holes in the existing system, not replace it; people who make above the subsidy limit are presumed to have employer-provided health plans because that is normally the case.

    "All governments lie, but disaster lies in wait for countries whose officials smoke the same hashish they give out." --I.F. Stone

    by Alice in Florida on Tue Nov 26, 2013 at 05:43:31 AM PST

    [ Parent ]

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