Discussions about the Obamacare exchanges usually wonder if businesses will dump their employees there - instead of continuing to provide their healthcare.
Did anyone think cities, crushed by years of over promises, might find the exchanges as helpful places to dump their obligations?
The municipalities plan to end or limit health coverage for retirees
under 65 who don’t yet qualify for Medicare, with the expectation they
can get insurance in the exchanges opening Jan. 1 under President Barack
Obama’s health-care law.
With U.S. cities facing rising benefit
costs and billions of dollars in unfunded liabilities, more
municipalities will consider moving retirees off city rolls and into the
exchanges, even if they continue to subsidize the coverage, said Neil
Bomberg, a program director at the National League of Cities in Washington.
There's another added cost to your "free healthcare."
No comments:
Post a Comment