Another Obamacare pay off to “friends”
Posted July 6, 2013on:
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Could have seen this one coming: Chicago and Detroit both Obama strongholds are using Obamacare to help bail them out of their fiscal woes by using Obamacare exchanges to dump theri public sector employeees into the Obamacare exchanges and off of their gold plated health care policies. Look for more big cities to do the same and dump their profligate spending off on the federal tax payers to bail them out. Ironically the public employees of these cities don’t care for what their leaders are planning and just may be the instrument that will finally put an end to Obamacare. Wouldn’t that be just dandy. The very unions who put and kept this abomination in office to turn against him and his signature piece of destruction of the American way of life!
Washington has always been a city filled with crooks but never to the extent it has now risen to under Barack Obama with his Chicago style governing. At this point with any other President doing what Obama has done to our laws and Constitution the President would have been thrown out of office by election if not impeached, but the first Black President and his entire administration and departments have a pass for any thing he wants done. I hope We the People come to our senses before too much more damage is done. Obama and his Chicago gangland thugs are responsible for all the scandals now hitting Washington. and People stay tuned because the Pandora’s Box has just been opened and there are many more to come! The following article explains just one more. BB
The Obamacare Big City Bailout
July 6, 2013 at 7:00 am
Bloomberg reports this week on the latest Obamacare trend sweeping across the country: Cities and states may soon attempt to unload unsustainable health costs on the federal government by dumping employees and retirees onto exchanges.
Both Chicago and Detroit have explored using the exchanges to reduce massive budget shortfalls, and it could set an example for others. Bloomberg quotes one expert from the Rockefeller Institute of Government: “We can expect other cities to pick up on this.… I expect [employee dumping] to mushroom.”
The incentives for cities—or even states—to dump their workers onto exchanges are significant. Bloomberg notes that reducing retiree health costs could save Detroit approximately $150 million per year—at a time when the city faces a $386 million budget deficit and $17 billion in long-term debt.
Of course, these budgetary maneuvers aren’t really “savings”—they merely represent a shift of unsustainable costs from cities and states onto the backs of federal taxpayers. If more individuals than expected—particularly retirees, who are likely to be older and sicker than the population as a whole—require federal exchange subsidies, the cost of Obamacare could rise by trillions. And if cities and even states set an example by dumping their health care obligations on the federal government, private-sector employers could well follow suit.
The spokesman for Chicago mayor Rahm Emanuel called the city’s retiree health system “fiscally unsustainable,” but merely shifting that responsibility to Washington may be about as effective as moving deck chairs on a budgetary Titanic.
Meanwhile, like other Americans losing their coverage due to Obamacare, retirees themselves appear none too keen on getting dumped onto the exchanges. Bloomberg quotes one retired Detroit police officer expressing his outrage:
Imagine if they said tomorrow your Social Security, your Medicare is going away and you’re going on Obamacare.… How would you feel?
Many Americans may soon find out.