One of the most touted benefits of President Obama’s health care overhaul law is the provision allows parents to keep their adult children on their health insurance until age 26.

However, Trace Gallagher reported on “The Kelly File” Monday, this benefit is not being extended to a significant group of Americans: members of the U.S. military.

TRICARE, the Department of Defense program that provides health coverage to active duty and retired military members and their families, only covers young adult dependents up until age 21, or age 23 if they are enrolled full-time in college.

TRICARE recipients can then purchase a plan for their young adult dependents, according to their website.

Air Force veteran Eddie Grooms said he was disappointed to learn he could not add his 21-year-old daughter to his insurance provided by the military, as he thought he had been promised under the health care overhaul.

“It’d be nice if they leveled with everybody and let them know so that people could make plans, because this is going to hit all, I mean it’s going to hit thousands of retirees over time,” Grooms said.

Jessie Jane Duff of Concerned Veterans for America told Megyn Kelly the reason the benefit has not been extended to military members is the rates under TRICARE are very low because they are subsidized by U.S. taxpayers.

She said “unfortunately” this means adult children cannot be covered, saying there has to be some “give and take” for the reduced rates.

“We’ve been very fortunate because legislation was passed that exempted TRICARE from a lot of the ObamaCare standings, so that actually has benefited veterans to keep the rates that they’ve had,” Duff said.

***

If you’ve been watching the news from south of the border, Venezuela is back in the headlines. The communists are still in power and still as stupid as ever. Those of you who have read anything from Ayn Rand, will recognize the term, ‘looters.’ Venezuela has become a nation of looters supported in their looting by the country’s military.

In their latest adventure, the army seized some retail outlets and forced them to sell their merchandise at a loss. They now expect to do the same to other retailers. It doesn’t take a rocket scientist to understand that when a company is forced to sell at a loss, it will soon cease to exist. No profit, no company, and no jobs, either.

Venezuela Becomes A Nation Of Looters

IBD Editorial, Posted 11/11/2013 06:48 PM ET

Looters: Venezuelan troops storm a local electronics retailer in the name of enforcing “fair prices,” brazenly blaming the private sector for state policies. Sounds familiar — and not just because it’s a communist takeover.

With municipal elections just around the corner on Dec. 8, it’s no surprise to see Venezuela’s failing socialist government turning to pork-barrel handouts to lure voters — as it always has.

Shovel the goodies to the red-shirted low-information voters and gain just enough votes in upcoming elections to claim a dictatorship is really a democracy.

Not coincidentally, President Nicolas Maduro declared that Venezuela would celebrate the beginning of Christmas in October — to distribute goodies.

But there’s a new twist here: Venezuela is out of money to shovel pork. Its foreign reserves have fallen to $21.4 billion as oil prices slump. Instead of using its vast oil earnings to buy votes, as in the past, Venezuela’s Marxist government is now making do by stealing from Venezuela’s battered private sector.

Which is what brought the bizarre spectacle of the Venezuelan military occupation of Daka — the country’s five-store equivalent of Best Buy, loaded with the flat-screen TVs, computers and smartphones favored by looters everywhere.

As troops stood by, crowds looted one Daka store, stripping its shelves bare. Call it government by looting.

Or in reality, call it communism. Because such destruction of private property in the name of redistribution has been a feature of every communist takeover from Russia to China, to Vietnam, to Cuba.

Defending his government-of-looters, Maduro officially blamed the store for charging “unfair prices,” a preposterous statement since Daka’s prices weren’t inconsistent with the official inflation rate of 56% in an economy that must pay for 90% of its goods imports, including consumer electronics, with dollars.

There is even some speculation, by bloggers such as Miguel Octavio of the Devil’s Excrement, that the viciousness of the government action could be due to the company engaging in high-profit arbitrage on the country’s two-tier exchange rates.

There’s also no doubt the government was sending a message to other retailers not to raise prices by making an example of one of them. Message received.

But the bottom line is, horrendous government policies forced retailers to do what they have. It wasn’t Daka that created price controls or a corrupt two-tier exchange system that made the resulting inflation.

The black market currency rate is now 10 times higher than the official rate, meaning they’re on the verge of hyperinflation due to a government that can’t stop spending. This explains why imported basic commodities, such as chicken, milk and toilet paper, are now scarce, just as in the old Soviet Union, or in today’s Cuba.

Were Venezuela a true democracy, such a destructive economic record would bring down the ruling party.

But this is Venezuela. It has benefited not just from having the U.S. as its top oil customer and consumer goods supplier, but also from a lot of White House love — from President Obama’s and Secretary of State Hillary Clinton’s embrace of late strongman Hugo Chavez at a 2009 summit, to ex-President Jimmy Carter’s dishonest endorsement of Venezuela’s fraudulent 2004 recall, which the Bush White House meekly accepted.

And now the results: Venezuelan troops occupy electronics retailers while yelling about “fairness.”

Doesn’t this tale sound familiar? If you substitute Obama ‘phones, welfare EBT cards and Food Stamps, isn’t our federal government doing much the same? Delving into history, I hear the refrain, “BREAD and CIRCUSES!” The Roman emperors kept the Roman mob satisfied with bread and circuses—food and entertainment, (now you understand why the liberal elite controls Hollywood,) while looting the empire to pay for the bread and the circuses, and to quiet the mob. In the end, the empire could no longer pay, having been picked clean by Roman tax collectors and the Roman empire collapsed to the barbarians outside the empire…and the barbarians within.

Now, with Obama’s Redistribution of Wealth, we’re facing the same situation as did the Roman Empire. The Roman Empire is just a memory from history, its cities are a pile of rubble, some carefully preserved but most destroyed for the materials in them.

What will the United States be in a few hundred years? A viable nation leading the world, or a pile of picked rubble, destroyed by the liberal tax collectors and the Washington mob?