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Obamacare subsidies on track to cost billions this year, report says
Los Angeles Times ^ | June 17, 2014 | By Noam N. Levey

Posted on 06/18/2014 2:01:17 PM PDT by Oldeconomybuyer

The large subsidies for health insurance that helped fuel the successful drive to sign up approximately 8 million Americans for coverage under the Affordable Care Act are on track to cost billions of dollars this year, a new federal report indicates.

Nearly nine in 10 Americans who bought healthcare coverage on the federal government’s healthcare marketplaces received government assistance to offset their premiums.

(Excerpt) Read more at latimes.com ...


TOPICS: Culture/Society; News/Current Events; Politics/Elections; US: California
KEYWORDS: election2014; failure; obamacare; rinocare

1 posted on 06/18/2014 2:01:17 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

“The large subsidies for health insurance that helped fuel the successful drive to sign up approximately 8 million Americans”

I stopped reading at that point. No reason to go any further.


2 posted on 06/18/2014 2:13:41 PM PDT by Parley Baer
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To: Oldeconomybuyer
What I really want to know is how much money has been spent on ObamaCare without providing one bit of healthcare to anyone.

It has to be in the billions.

Who is getting all of the money?

3 posted on 06/18/2014 2:16:56 PM PDT by rdcbn
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