Skip to comments.HHS: 5.6M of 6M Who Signed Up on Exchanges Will Get Federal Funding
Posted on 01/13/2014 4:44:42 PM PST by Sub-Driver
HHS: 5.6M of 6M Who Signed Up on Exchanges Will Get Federal Funding January 13, 2014 - 6:13 PM By Terence P. Jeffrey
(CNSNews.com) - In their first three months of operation, the federal and state health-insurance marketplaces created under the Affordable Care ActAKA Obamacare--have signed up 5,572,305 people who qualify to get federal funding for their health care, either through Medicaid or through an insurance premium subsidy, according to data released by the Department of Health and Human Service.
Those 5,572,305 are part of the 6 million Americans HHS Secretary Kathleen Sebelius said today have used the exchanges to sign up for health insurance or Medicaid.
However, some of these people, as noted by CNNMoney, were already on Medicaid.
Today, HHS released a report on the number of people who from October through December signed up for health insurance plans through the marketplaces. The report says that, as of the end of December, 2,153,421 individuals had signed up for private health care plans. Of these, HHS had data on whether or not 2,082,840 had qualified for federal financial assistance in purchasing their plan.
Of those 2,082,840, some 1,646,237or 79 percent--did qualify for federal assistance. 436,603-or 21 percentdid not.
On Dec. 20, the Center for Medicare and Medicaid Services had released a report on the number of people who had used the federal and state marketplaces in October and November and had been determined to be qualified to enroll in Medicaid or the Childrens Health Insurance Program. These totaled 3,926,068, according to that report.
(Excerpt) Read more at cnsnews.com ...
0bamD0ntCare is a swindle.
If you didn’t get a subsidy, you are paying it.
Only the people heavily subsidized can afford it.
SCAM by the Chicago Mob and the EXEMPT treasonous
Congress that made $$$$$$ from it every way they could.
Let’s just call it “The Affordable Votes Act”.
It’s much cheaper to make others pay for all those “Free-Government-Sh*t” voters through insurance subsidies and minimum wage increases. Who says the Democrats don’t know how to be thrifty?
It’s is and always was a big giveaway program.
Obamacare is nothing more than another redistribution of wealth scheme. Taking from those who work, funnelling money into government programs to "give" healthcare to the poor.
Onto a single payer system them - that was their plan all along!
Wow...93% are getting their health care subsidized by the rest of us. Who would have thought it? /s
Let's hope my wife gets me a hot 30 yo nympho for a mistress. About as likely.
So they’re nit eating the middle class. And no young people.
Pretty much every “initiative” from the Chicago/DC mob fulfills this goal.
My socialist father thinks the only “fair” health care system is one where people pay a percentage of their income, rather than paying based on risk factors.
“Single payer based on income is the future. You can’t stop it.”
I shudder when I admit, I think he is right that we can’t stop it.
On another front, a Dutch colleague told a group of us on Friday that we are in for a couple of decades of painful transition, but that we will be better off in the end. Hooray?
It’s already 90% of the way to single payer with the insurance companies getting subsidized too
If you look at Medicare, Medicaid, and Military, the fedgov is definitely more than halfway there.
Is it true that those who recieve the subsidy will have to pay it back at income tax time? I heard that and I could immediately picture all those leeches finding out that their “refunds” had disappeared.