Not a Debtor? You Don’t Exist

Karl Denninger  Market Ticker

February 23rd, 2015

http://www.thedailysheeple.com/not-a-debtor-you-dont-exist_022015

As if all the other insults of Obamacare aren’t bad enough, here’s a new one I just became aware of.

When you go into the exchange to buy insurance the site verifies you’re a person, and a citizen. Well, so it says.

What it actually does is contact Experian to “verify” your identity.

If you have no credit record because you’ve never applied for or held credit in your name, the system refuses to confirm you, and in fact even after an hour-long phone call they will still refuse!

The only way to confirm in that case is to send a paper copy of your driver license and Social Security card (and sometimes your birth certificate) to them for manual processing, which of course, may take a while — and during which you can’t do anything.

This is true even if all of the below are true:

• You have a Social Security Number and yes, it’s yours.
• You have a job and thus W-2 income tax has been withheld and deposited in your name.
• You have filed tax returns and thus the IRS knows damn well you exist, because they’ve taken your money and (in many cases) refunded your overpayments, all linked (of course) to your Social Security Number.
• You have a bank account for which, I might add, you had to supply said Social Security Number.
• You have a Real ID Compliant Driver License for which you had to supply both your Social Security Card and your Birth Certificate to the state to obtain and which, I might add, they kept copies of in a database.
• If you’re male, you have registered for Selective Service (as required by law.)
• You might even have a Passport, which of course requires that your citizenship has been vetted by the State Department.

Yeah.

If you have done all of the above, are a taxpaying citizen, have (or had at some point) a job, have filed and paid taxes, have a Real-ID compliant Driver’s License and even have a Passport, submitting proof of your citizenship multiple times to various state and federal agencies and are conducting your life with such proof in hand every single day you still do not exist for the purpose of buying health insurance on the “exchange” unless you have been in debt at some point and thus have an Experian Credit File.

If you have chosen to live a life that requires no credit (or are too young to have wanted it), which incidentally is a good thing not bad, from the standpoint of Obamacare you do not exist.

I’m not kidding.

I didn’t believe it until I verified it.

WTF is wrong with you, America, for putting up with THAT?

Delivered by The Daily Sheeple

Contributed by Karl Denninger of Market Ticker.

Karl Denninger is the author of Leverage: How Cheap Money Will Destroy the World. You can follow his daily commentary on capital markets at The Market Ticker and his weekly Ticker Guy Blog Talk Radio broadcasts.