Sunday, November 24, 2013

Another tale of woe

Instapundit highlights another person who voted for Obama - and found they voted for higher health insurance premiums.
And more trouble figuring out the subsidy question.
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.
The answer is "we told you so."

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