This just we all wanted to here - ObamaCare bring in 3 million more people to Medicaid along with the 20 million for childless adults and, of course, the millions already on the tit and those ready to get on it.
Who will pay for all this? Oh wait, I know, raise taxes to pay for this on everyone except those bottom 50% of the population that pay no taxes. Cool!
Medicaid for the Middle Class?
Source: "A Glitch in Obamacare Could Give Middle Class Insurance Coverage Intended for the Poor," Washington Examiner, June 21, 2011.
President Barack Obama's health care law would let several million middle class people get nearly free insurance meant for the poor, a twist government number crunchers say they discovered only after the complex bill was signed, reports the Washington Examiner.
The change would affect early retirees: A married couple could have an annual income of about $64,000 and still get Medicaid, said officials who make long-range cost estimates for the Health and Human Services department. Up to 3 million people could qualify for Medicaid in 2014 as a result of the anomaly.
That's because, in a major change from today, most of their Social Security benefits would no longer be counted as income for determining eligibility. Early retirees would be a new group for Medicaid. While retirees can now start collecting Social Security at age 62, they must wait another three years to get Medicare, unless they're disabled.
The actuary's office said the 3 million early retirees who would become eligible for Medicaid are on top of an estimated 16 million to 20 million people that the law would already bring into the program, by opening it to childless adults with incomes near the poverty level.
Federal taxpayers will cover all of the initial cost of the expansion.
Thursday, June 23, 2011
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