November 15th, 2013
07:49 PM ET
7 years ago
Obamacare fix could add millions of dollars in government costs
(CNN) - President Barack Obama's proposal to allow people to keep canceled health plans for one year could end up costing the government millions of dollars.
This is due to a provision of the Affordable Care Act called risk corridors that allows for insurers to share the cost of insuring more expensive customers.
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Much better than syphoning in Iraq, Afghanistan etc. trillions of dollars. Ok.
You can't fix something that never worked. It should be discarded.
The stock market hits record high .
Maybe it's time for tax reform , upgrading the system . It might be time to rethink the Bush Tax cuts !
Id suggest reforming the way the government procures contracts as well.
Let us know when it gets up to $24 billion, which is what the republican shut down of government cost. Baggers can needlessly cost us billions, but are outraged when something that will actually help us us will cost more because they wanted to save worthless junk policies for the under insured.