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Obamacare subsidies push cost of
healthcare law above projections

Los Angeles Times, by Noam Levey

Original Article

Posted By:Fiesta del sol, 6/18/2014 6:33:49 AM

Washington - The large subsidies for health insurance that helped fuel the successful drive to sign up some 8 million Americans for coverage under the Affordable Care Act may push the cost of the law considerably above current projections, a new federal report indicates. Nearly 9 in 10 Americans who bought health coverage on the federal government’s healthcare marketplaces received government assistance to offset their premiums. That assistance helped lower premiums for consumers who bought health coverage on the federal marketplaces by 76% on average, according to the new report from the Department of Health and Human

Comments:
If they are using subsidies, then they didn´t "buy" it, we did.

      


Post Reply  

Reply 1 - Posted by: Spidey, 6/18/2014 6:56:50 AM     (No. 9890332)

Well,it turns out that ACORN and SIEU type navigators were encouraging people to lie about their income to get a bigger subsidy or medicaid.It´ll take forever to sort this out and a lot of people who think they have insurance will find out they don´t after a big surgery.

You´d be hard pressed to find a lofo who hasn´t had their electric bill cut off because that´s how you qualify for energy assistance programs. So they´re pre loaded to duck the Obamacare fine or penalty because of hardship.

Obamacare is part of Cloward and Piven as is the border being flooded with illegals.The only hope is Obama has failed at everything and these break the bank schemes will fail also.

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Reply 2 - Posted by: Amereagle-redux, 6/18/2014 7:48:44 AM     (No. 9890372)

When Democrats call something the "Affordsble Care Act", hide your wallet. "Newspeak".

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Reply 3 - Posted by: LadyVet, 6/18/2014 8:08:18 AM     (No. 9890408)

In Hillary-speak, "No one could have foreseen ..."

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Reply 4 - Posted by: Pearson365, 6/18/2014 8:59:34 AM     (No. 9890482)

As Obama and his sleaze machine never tire of telling us, "the rich" won´t mind paying a bit more in taxes to pay for these subsidies as well as the soaring price of their own health care premiums. What the deceitful Obama never mentions is that his definition of rich means anyone with a full time job.

Thankfully, everyone who is working is willing to pay more in taxes because the costs for food, energy, cars, rent, property taxes and almost everything else is declining, so we have more in our wallets because our paychecks are increasing by 5% to 10% per year. Which is what Valerie Jarrett told Obama just as she awakened him at 100 am yesterday.

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Reply 5 - Posted by: 3XALADY, 6/18/2014 9:05:05 AM     (No. 9890491)

A friend was telling me someone she knows, who has a job, now only pays $200/month for her Zippycare. Much, much less than what she was paying before. I was at the dermatologist this week and she said a cream she had been prescribing for a dermatological spot on my face has gone from $40/tube to $140/tube and gave me a prescription for something less expensive and probably less effective.

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Reply 6 - Posted by: tennman, 6/18/2014 9:38:11 AM     (No. 9890538)

They omitted "Unexpectedly" from the headline. These genusis can stand in the middle of the train tracks and not see the train coming.

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Reply 7 - Posted by: Chuck, 6/18/2014 2:19:32 PM     (No. 9890996)

The article has posted a significant error correction. If you use the article to prove a point, do so with care.
FTA:June 18, 10:30 a.m.: Because of an error in calculations, this article incorrectly stated that a new federal report indicates that the cost of insurance subsidies under President Obama’s healthcare law may be running above current projections. The figures in the report actually suggest that the cost of the subsidies is roughly in line with current projections from the Congressional Budget Office.

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