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ObamaCare´s Looming
Subsidy Overpayment Crisis

Investor´s Business Daily, by IBD Staff

Original Article

Posted By:RustMB, 6/12/2014 7:29:18 AM

Waste: Lawmakers have learned that ObamaCare could end up overpaying insurance subsidies by as much as $152 billion. That´s more than the deficit cut Washington once promised ObamaCare would produce. Former Congressional Budget Office director Douglas Holtz-Eakin on Tuesday told members of the House Ways and Means subcommittee on health that ObamaCare would likely result in huge overpayments. To make his case, Holtz-Eakin pointed to the Earned Income Tax Credit, a program that works somewhat like ObamaCare in that it hands out refundable tax credits based on income. Despite its relative simplicity and the fact that it has been around

      


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Reply 1 - Posted by: NYBruin, 6/12/2014 7:44:19 AM     (No. 9882654)

Repeal this monstrosity!!

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Reply 2 - Posted by: planetgeo, 6/12/2014 7:44:52 AM     (No. 9882655)

Cloward-Piven...Cloward-Piven...Cloward-Piven...

Flashing red light and siren.

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Reply 3 - Posted by: Blackeagle, 6/12/2014 7:52:43 AM     (No. 9882667)

Make the ACA voluntary. Allow old fashioned policies (eg. allowing screening for pre existing conditions, allowing limitations on adult children on the policies). Let the market heal the damage caused by the ACA. Such "waivers" could be implemented through executive orders (of the type Romney promised to do the first thing in office).

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Reply 4 - Posted by: Trigger2, 6/12/2014 7:56:41 AM     (No. 9882676)

Barry´s stealth way for redistributing the wealth...

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Reply 5 - Posted by: cjjeepercreeper, 6/12/2014 9:55:03 AM     (No. 9882867)

Its all part of the plan to bring this country to its knees, and then while kneeling, cut off its head. (Kind of a Muslim MO.)

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Reply 6 - Posted by: peterfleming, 6/12/2014 12:20:40 PM     (No. 9883120)

The White House is a criminal enterprise, time to place a yellow crime ribbon around the entire White House, and bring all the great crime solvers in America to stop this crap.

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Reply 7 - Posted by: JediJerry, 6/12/2014 3:48:45 PM     (No. 9883469)

I know someone in California that has a subsidized policy. Recently they went to a allergist for testing. Tests were positive for several allergies. Bill to insurance company was over $800.00. Co pay to the person was $6.00. The rest was picked up by the federal government
Eye drops for the eye allergy are $250.00 a month. Co pay is $4.00. Balance paid by the federal government.

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R_DBL_B
  


 
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