The Problem With Exchanges As Reform: Medicare Eligibity Age, Mandates And Subsidies
The automatic cuts will still hurt, because they’d still affect plenty of important programs. And among them may be the administration’s signature legislative accomplishment, the Affordable Care Act.
The new health care law will make insurance more affordable by providing subsidies to people who buy insurance on their own. [. . . B]oth administration and congressional sources are confirming, the cost-sharing subsidies are not exempt. They will decline. And that’s worrisome because the subsidies were already pretty low. In fact, many of us were hoping that, over time, lawmakers would see fit to raise them rather than reduce them. [. . .]
Imagine you are 62, making $40,000 a year with employer sponsored health insurance. How are you feeling about the next 5 years?
Speaking for me only
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