Hello John,

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There is a legislative brawl brewing this fall that will have an enormous impact on hardworking American taxpayers.

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The inflated Obamacare subsidies enacted by Joe Biden as an emergency Covid measure are set to expire at the end of the year. Now, some in Washington want to pull the typical D.C. bait-and-switch by making them permanent.

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📰 Here’s the story.

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As an emergency measure to deal with Covid, Joe Biden made two big blunders:

1. He raised the amount of Obamacare’s government subsidies.
2. He also expanded the number of enrollees who qualify for taxpayer support to pay their premiums.

This program is a colossal waste of money, costing an additional $400 billion over 10 years. One out of every five dollars spent is lost to fraud.

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Here’s the worst part: These inflated subsidies end up benefitting wealthy Americans more than the middle class. In fact, because they’re tied only to income, even millionaires have qualified for subsidies to help cover their health insurance premiums!

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Actually, it gets even worse.

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A recent analysis by the Paragon Health Institute found that the inflated subsidy program likely added millions of new Obamacare enrollees who never saw a doctor, filled a prescription, or accessed a service.

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In 2021, 3.5 million enrollees had no claims; last year it was 11.7 million. Paragon calls it “a consequence of Biden-era policies that fueled a surge of phantom enrollees.”

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Take a look at this chart, which tells the story.

The fact is that these “phantom” enrollees likely didn’t even know they had an Obamacare plan (many had other forms of coverage). Yet the insurance companies and unscrupulous insurance brokers got paid billions of your tax dollars!

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Every penny of Obamacare funding goes straight to a health insurance company, not patients. Which means that subsidizing those 11.7 million nonexistent enrollees is pure profit for the insurance industry — and pure waste for taxpayers.

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This is the program that insurers and big-government politicians will fight tooth and nail to extend. To recap:

• The program was supposed to be a temporary Covid measure
• It costs $400 billion more than pre-Covid
• One in every five dollars spent is lost to fraud
• It wastes taxpayer money on upper-income families who don’t need the help
• It created millions of phantom Obamacare enrollees who had no claims, yet insurance companies still got tens of billions of your tax dollars

We will be making a major effort to stop this Biden-era taxpayer rip-off, and we’d like your help.

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Please sign the petition to let Washington know that you oppose extending Joe Biden’s inflated Obamacare subsidies.

Thank you for your continued support. Together, we’re ensuring every American has access to the health care solutions they need. Stay tuned for updates on how we’re making impact-driven changes possible.