Supersizing ObamaCare Subsidies The Covid bill hides a major expansion of the Affordable Care Act.

https://www.wsj.com/articles/supersizing-obamacare-subsidies-11614210175?mod=opinion_lead_pos1

EXCERPT:

Provisions of the $1.9 trillion bill moving through the House make Affordable Care Act subsidies more generous and available even to the affluent. Buying an ObamaCare policy makes sense if a subsidy shields you from fearsome premiums and out-of-pocket costs; more than 85% of enrollees receive such a subsidy. But those who earn too much to qualify for government subsidies have been fleeing the exchanges. The Centers for Medicare and Medicaid Servicessaid last fall that unsubsidized enrollment dropped 45% between 2016 and 2019.

Instead of making the underlying product better or less expensive, Democrats now want to pass more of the cost onto taxpayers.

Comments are closed.