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1/2 ObamaCare Exchanges Face Financial Woes

serfserf Member Posts: 9,217 ✭✭✭✭
edited May 2015 in Politics
It's seems that this government program is just another under funded boondoggle that will just raise taxes on top of premium costs and increase in the long term debt!

serf

http://www.foxnews.com/politics/2015/05/03/nearly-half-obamacare-exchanges-face-severe-financial-woes-report-says/

The justices are to decide whether the law makes people in all 50 states eligible for federal tax subsidies -- or just those who live in states that created their own health insurance marketplaces. This question matters because roughly three dozen states opted against their own marketplace, or exchange, and instead rely on the U.S. Health and Human Services Department's Healthcare.gov. If the court rules against the Obama administration, insurance subsidies for people in those states would be in jeopardy.

Obama administration officials have suggested they have no alternative plan if the subsidies are struck down, while some Republican lawmakers have begun crafting their own alternatives.
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