Grad student health insurance will no longer be subsidized because Obamacare changed the rules.
In many colleges and universities graduate students are employed in various jobs that provide a little bit of pay. At the University of Missouri, part of the compensation for such graduate students was help with health insurance.
Now, thanks to Obamacare, Students have been given fourteen hours notice that they could no longer get any help with insurance.
KBIA reports, “Graduate Students Discuss Next Steps After Losing Health Insurance.”
On Friday, many University of Missouri graduate students found out via email they would no longer receive help from the university to pay for their health insurance. The response on social media was strong and on Monday graduate students from across campus gathered to discuss their concerns and plan for their next step.
Graduate students received this news little more than 14 hours before graduate student health insurance coverage lapsed. This decision affects graduate students from every department who work for MU as teaching assistants, research assistants and library assistants.
MU’s decision to stop giving grad students subsidies for their health insurance comes after an IRS rule that took effect July 1.
Under the Affordable Care Act, the IRS will fine employers who give their employees subsidies to help them buy their own insurance. The fines are $100 per day, per employee.
So, “If you like your policy you can keep your policy” and “If you like your doctor you can keep your doctor” are lies that continue to unpleasantly surprise people. One woman featured in the KBIA story was pregnant and uninsured at nineteen days from her due date.
Students are angry at the college but that seems unfair and misdirected to me. They should be angry at Barack Obama, the IRS, and Obamacare. It is messing with their lives and punishing the college to prevent the school from helping the students.
Obamacare is the villain, here.