It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
that's a $111 Billion increase !!
At issue are subsidies that will be provided under the health care law to help middle class people buy private coverage in new state insurance markets that open for business in 2014.
Last year's budget estimated the cost of the aid to be $367 billion from 2014-2021. This year's budget puts it at $478 billion over the same period.
What ELSE is she "unaware" of ?
The revised health care overhaul numbers, buried deep in the president's budget, stumped lawmakers and some administration officials earlier in the week. At a congressional hearing Tuesday, Health and Human Services Secretary Kathleen Sebelius, who is in charge of carrying out the health care law, indicated she was unaware of the changes.
Republicans say they're concerned about two possibilities: that the estimated cost of the insurance has gone up, or that the administration has quietly determined that more people will be losing employer coverage as a result of Obama's overhaul. That means they'd have to purchase coverage in the new government-subsidized markets, called exchanges.
Either of those explanations could have major consequences for taxpayers and the nation's health care system.
I keep getting confused as to why "middle-class" people will need subsidies ? I thought the employers are going to "provide" ( no "mandate" for them ? )
The whole Obama'sCare program is sounding more and more like a "bailout" for the insurance companies.