Michael F. Cannon 🇮🇪 🇺🇸
@mfcannon.bsky.social
1.5K followers 220 following 1.1K posts
“An influential health care wonk at the libertarian Cato Institute“ – Washington Post. “A pleasant discovery” – Capitalism magazine. Washingtonian’s “Most Influential People” in DC 2021-present.
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mfcannon.bsky.social
Rather than give more money to private insurers, Congress should remove barriers to low-cost, high-quality coverage.

Congress should free consumers from Obamacare’s unpopular regulations by letting them buy health plans available in U.S. territories.

www.washingtontimes....
mfcannon.bsky.social
Obamacare’s authors knew it was unpopular.

In 2013, architect Jonathan Gruber admitted “the bill would not have passed” unless Democrats hid its taxes within private health insurance premiums, which worked thanks to “the stupidity of the American voter.”

www.washingtontimes....
mfcannon.bsky.social
The Supreme Court rewrote the ACA — it acknowledged “the most natural reading of the pertinent statutory phrase,” and then did the exact opposite — to let the IRS keep taxing and spending billions of dollars that Congress never authorized.

www.washingtontimes....
mfcannon.bsky.social
Even Obamacare's supposedly popular "protections" are unpopular.

Former Biden econ adviser @MikeGeruso found they limit access to medicines, costing chronically ill patients thousands per year.

Polling consistently shows Democrats then oppose Obamacare.

www.washingtontimes....
mfcannon.bsky.social
Capital idea.

Let’s start by turning Medicare into a cash-transfer system, like Social Security.

Doing so would implement the traditional Democratic idea of a “public option“ in Medicare.

www.cato.org/outside-arti...
mfcannon.bsky.social
All Americas are America, but some are more America than others.
carlquintanilla.bsky.social
“Stabilizing Argentina is ‘America First’.”

🇦🇷 🇺🇸
mfcannon.bsky.social
The ACA proved so unworkable and unpopular that it no longer exists.

What we now have is “Obamacare” (Justice Antonin Scalia called it “SCOTUScare”), an illegitimate law that no Congress ever passed or could have passed.

www.washingtontimes....
mfcannon.bsky.social
Obamacare premium subsidies are like employer premium payments in the sense that they are each a way the government deprives you of control over your health care, and drives up prices.
mfcannon.bsky.social
To paraphrase David Goldhill, if you like your health plan, it's because you don't know what it costs.
charlesgaba.com
The reason people THINK employer coverage is significantly less expensive than ACA coverage is because around 75% of the premium cost is typically PAID BY THE EMPLOYER.

ACA tax credits effectively take the place of the employer's share of ESI premiums.
KFF.org: Avg. annual worker & employer premium contributions
Reposted by Michael F. Cannon 🇮🇪 🇺🇸
cato.org
Washington’s latest shutdown drama hides the real story: a demand for more Obamacare subsidies that funnel taxpayer money to private insurers. Instead of fixing health care, Congress keeps rewarding failure.

Read more from @mfcannon.bsky.social:
Democrats’ Latest Shutdown Stunt Exposes the Obamacare Fraud
Billions flow from taxpayers to insurance companies while families pay more for less care and shrinking doctor networks.
www.cato.org
mfcannon.bsky.social
Those are *not* premium increases. They are the burden of premiums shifting from taxpayers to consumers.

They represent consumers learning just how expensive Obamacare really is.
mfcannon.bsky.social
The Supreme Court ruled that the form of the ACA’s individual mandate and the substance of its Medicaid expansion were unconstitutional.

Rather than leave the legislating to Congress, the court rewrote both provisions.

www.washingtontimes....
mfcannon.bsky.social
I’ve never met a @familiesusa.bsky.social executive director I didn’t like.
realantipartisan.bsky.social
Washington Journal
#CSPAN #CSPANWJ
Skeet at @c-span.bsky.social and cspanwj.bsky.social

CatoInstitute Health Policy Studies Director @mfcannon.bsky.social, Families USA Executive
x.com/aewright on enhanced subsidies ACA health insurance set to expire end of 2025.

Watch here: tinyurl.com/5efk2z77
mfcannon.bsky.social
Going on @CSPAN's @CSPANWJ at 8am to discuss Obamacare Subsidies For The Wealthy (and the government shutdown) with @FamiliesUSA's @aewright. Tune in!

@CatoInstitute @CatoHealth
Reposted by Michael F. Cannon 🇮🇪 🇺🇸
ditzkoff.bsky.social
Donald trump can still win the Nobel Peace prize if Mike Pence has the courage
mfcannon.bsky.social
Democrats want to make the "Obamacare subsidies for the wealthy" permanent because if they disappear, it would reveal that Obamacare’s excessive premiums and junk coverage are unpopular, as they have been from the beginning.

www.washingtontimes....
mfcannon.bsky.social
Dozens of ACA provisions were so unpopular that bureaucrats and judges rewrote them, in many cases subverting the Constitution by legislating without Congress.

www.washingtontimes....
mfcannon.bsky.social
Public opinion turned against the first draft the “Affordable Care Act” in June 2009.

After Democrats passed the ACA by a single vote, voters gave them a “shellacking” in the 2010 midterms.

Congress has since repealed dozens of unpopular ACA provisions.

www.washingtontimes....
mfcannon.bsky.social
I will be on @CSPAN's @CSPANWJ tomorrow morning at 8am with @FamiliesUSA's @aewright to discuss Obamacare subsidies for the wealthy and the government shutdown.

Gonna be fun.

@CatoInstitute @CatoHealth
mfcannon.bsky.social
Ignoring the ACA’s text, the Obama and Biden administrations issued billions of dollars in illegal subsidies to millions of ineligible people, including members of Congress, and diverted funds from public health to insurance companies.

www.washingtontimes....
mfcannon.bsky.social
“Every single one of the funding mechanisms to help offset the cost of the bill has been repealed,” says health reporter @JRovner.

“The individual mandate is gone. Most of the industry-specific taxes are gone. The Cadillac tax…is gone.”

www.washingtontimes....
mfcannon.bsky.social
Obamacare offers junk insurance at outrageous premiums.

www.washingtontimes....
mfcannon.bsky.social
In 2021, Democrats created temporary Covid-emergency premium subsidies for families earning $130K-$600K annually because even wealthy people struggle to afford Obamacare. These “tax credits” are just checks the government sends health insurance companies.

www.washingtontimes....