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 ...
0bamaCare, going where Epic Fail hasn’t gone before.
Yep. And whether they qualify for Medicaid or get "an insurance premium subsidy," WE ARE PAYING FOR IT!!!!!
Many of these folks don't deserve the generally crummy service they'll get through Medicaid. And that will only get worse as more drs drop Medicaid patients.
Not Federal Funding, they are Federal LOANS.
If those who accept ever reach the trigger point, and undoubtably many will, they’re going to be put on the short bus back to the poorhouse.
Which is what this is all about anyway.
The obvious response to your FIL is “Thus the need for a strong Second Amendment”.
‘Course family life is going to be hell for a few decades.
So about seven percent weren’t federally subsidized, and I’d lay odds a sizable number of them were people who’d had their policies cancelled. We have here policies that are so bad we have to bribe people to buy them.
Valerie Jarret After We Win This Election, Its Our Turn. Payback Time.
What better way to get revenge than have the opponent pay the subsidies for “their people”.
Unfortunately, it is my actual father... Not my father in law.
My dad and I have a tacit agreement to not discuss politics. Xmas night my wife got offended about something so she threw out some Obamacare red meat, sat back, and enjoyed the show.
in other words people are getting medicaid or medicare so the exchanges still aren’t working
and there is no proof that almost 6 million have signed up that is nonsense of the highest order
Ah, father. You know, sometimes you just have to leave things alone, as you have wisely done.
I have a BIL with whom I don’t discuss things. He always sends a Christams letter with some dig at the end. I don’t read them, my wife does, just to remind me how far from reality he has strayed.
We just don’t send him one. At some point in a persons life a mental illness is just the way it is, and I’ve decided just to avoid it as much as possible.
No, they will not have to pay back subsidies unless they were given too much, then they have to pay it back.
For example, say someone gets a raise in pay during the month of June but does not let the “marketplace” know about it. At the end of the year, their income is more than what they first reported. And the subsidy was based on their first reported income (which was less).
So, they now owe back to the government the difference of the subsidy (based on original vs. year’s end income).
It’s a huge expansion of Medicaid that will be used as a vehicle toward single-payer. The system is already in place. (Medicaid)
Mo’ Money from dey gub’mint!
And the Democrat campaign slogans will be:
“The Republicans will take away your health care”
Obammy Campaign promise kept!
That’s a shame.
If you give it away they will come.......
Unless and until one Party has a Trifecta again, as the Democrats had in 2010, the ACA will remain. There are six ways to Sunday for a middle class person to avoid the fines, by obtaining insurance through an affinity group, for example. So the result will be an expansion of Medicare and a sort of ‘Medicare Plus’ to upwards of half the population. That is because it will be politically impossible to deny coverage to the those who signed up and are entitled to a (90%+) subsidy. The government will pay for crummy deadly inefficient health care for half the population and the other half will find a way to wriggle out. All of us will have to pay for the wasteful poor healthcare for the bottom half. The deficit will balloon even more. It will be single-payer for half. At least it will be better than single-payer for 95% and free market for only 5%, as is the case in England. The remaining question is: who will win a Trifecta first, and when?
She's my mother, she's 93 years old, I love and respect her, plus she might give me a whoopin' if I sass her.
And yet one more reason why Obamacare is not actuarily sound.
I started working in 1984 for a blue chip company. we had the best blue cross program you could buy. and we didn’t pay a dime. and when you went to the doctors, you couldn’t have got better care if you were warren buffet.
now, no matter how hard you worked your butt off to get a college degree and a job at a great company and gold plated insurance, you’re no better of than the inner city welfare bum who never worked a day in her life.