So, if Obamacare gets repealed, do you think there will be any retroactive relief?The ACA is a giant tax on people, but for lower income Americans (and since the ACA drove up costs, the definition of low income stretches well over $70,000 for families) the federal government pays the subsidies. So effectively, the ACA was a means to have the Federal Reserve finance the American healthcare system, with the health industry skimming profits off the top.
For instance, guy I know, used to get insurance through his wife's work. They took that away, and he goes to a volunteer group, who screw up and get him a subsidy he didn't qualify for at the end of the year because he made about $200 too much.
Wife's work changes mind, and he's back on their plan, but the IRS is insisting he pays back about $7000 plus interest. Poor old guy will never be able to retire.
But....if you happened to fall perfectly through the cracks, get a plan you can't afford without massive subsidies and then lose the subsidies, you owe the IRS a lot of money because the subsidies are "advanced tax credits."
If you ran a business like this, you'd probably be sent to jail for being part of organized crime.