According to the Congressional Budget Office, making these enhanced subsidies permanent would cost $335 billion over the next decade. Ending the premium subsidies is a commonsense way to reduce wasteful spending. Republicans should ensure they do indeed expire at the end of this year.
Democrats spent the last four years trying to expand Obamacare enrollment, largely by ramping up federal premium subsidies.
However, the health coverage available through the exchanges often doesn’t do much good, as too many Obamacare enrollees discover when a medical bill comes due.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.
Obamacare insurers collect billions in taxpayer subsidies — just to deny claims
Sally C. Pipes
According to the Congressional Budget Office, making these enhanced subsidies permanent would cost $335 billion over the next decade. Ending the premium subsidies is a commonsense way to reduce wasteful spending. Republicans should ensure they do indeed expire at the end of this year.
Democrats spent the last four years trying to expand Obamacare enrollment, largely by ramping up federal premium subsidies.
However, the health coverage available through the exchanges often doesn’t do much good, as too many Obamacare enrollees discover when a medical bill comes due.
Read the op-ed here.
Nothing contained in this blog is to be construed as necessarily reflecting the views of the Pacific Research Institute or as an attempt to thwart or aid the passage of any legislation.