Tuesday, December 18, 2012

Obamacare and Those (redacted) Subsidies

Obama promised our health insurance premiums would be (redacted) by (redacted). Now that we are almost three years in to Obamacare and our premiums have (redacted) rather than (redacted), do we feel like we have been (redacted)?

Will our premiums really (redacted) when Obamacare is fully (redacted)?

The healthcare law provides subsidies for most people who buy insurance through a new insurance exchange. The law envisioned each state operating its own exchange, but authorized a federally-run fallback in states that don't act.
The statute refers to subsidies flowing through a "state exchange" — which, to the law's critics, means subsidies shouldn't be available in the federal exchange. The IRS has said it determined that Congress intended for subsidies to be available in both state- and federally-run marketplaces, but Republicans have pressed the tax agency to back up that assertion.
Camp and Issa — respectively, the chairmen of the House Ways and Means Committee and Oversight and Government Reform Committee, said their staffers were allowed to view certain documents about the IRS's decision-making, but only with heavy redaction.
Will they they get the skinny on this issue or will they be (redacted)?
Stay (redacted)
blog comments powered by Disqus