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675 bytes added ,  04:08, April 17, 2014
→‎Basic Requirements: Added new source on other effects, such as healthcare rationing
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For example, a family of four at 200 percent of the Federal Poverty Level (about $48,677 in 2016) cannot pay more than 6.3% of their income for health insurance. The CBO estimates that the average cost of the reference insurance plan (the plan used to calculate the tax credit) will be $14,100 for family coverage in 2016.  Therefore, a family of four that qualifies for a credit in 2016 and that makes $48,677 would be required to pay about $3,067 for health insurance (6.3% of household income).  The difference, $11,033, is the value of this family’s refundable tax credit.  According to the CBO, 20 million Americans will receive health insurance tax credits in 2020 at a cost of $130 billion.<ref>[http://oversight.house.gov/wp-content/uploads/2012/02/10-27-11_Obamacares_Subsidies_and_Tax_Distribution_Final.pdf Impact of the Obamacare Tax Credits], House Committee on Oversight and Government Reform, Staff Report, October 27, 2011.</ref>
 
For example, a family of four at 200 percent of the Federal Poverty Level (about $48,677 in 2016) cannot pay more than 6.3% of their income for health insurance. The CBO estimates that the average cost of the reference insurance plan (the plan used to calculate the tax credit) will be $14,100 for family coverage in 2016.  Therefore, a family of four that qualifies for a credit in 2016 and that makes $48,677 would be required to pay about $3,067 for health insurance (6.3% of household income).  The difference, $11,033, is the value of this family’s refundable tax credit.  According to the CBO, 20 million Americans will receive health insurance tax credits in 2020 at a cost of $130 billion.<ref>[http://oversight.house.gov/wp-content/uploads/2012/02/10-27-11_Obamacares_Subsidies_and_Tax_Distribution_Final.pdf Impact of the Obamacare Tax Credits], House Committee on Oversight and Government Reform, Staff Report, October 27, 2011.</ref>
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=== "Death Panels" ===
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'''Death panels''' refer to theorized groups of bureaucrats who decide who would receive healthcare, which are a part of Obamacare. [[Sarah Palin]] argues that government health care will not reduce the costs of healthcare, but rather it will "refuse to pay the cost". <ref>https://www.facebook.com/note.php?note_id=113851103434&ref=mf</ref> Obamacare can eventually result in crowded hospitals, and therefore rationing of healthcare. Sarah Palin states that the rationing will likely exclude the "sick, the elderly, and the disabled", which she describes as "downright evil". <ref>https://www.facebook.com/note.php?note_id=113851103434&ref=mf</ref>
    
== Basis for Legal Challenges ==
 
== Basis for Legal Challenges ==
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