ObamaCare: Sebelius Admits Admin Has No Clue How Much ‘High Risk Pools’ Will Cost
"Well we don't know what it will cost."
posted by BP News Bureau | 12:12 PM
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1 Comments:
(Hot Air) - CMS is the actuary for Medicare and Medicaid, which warned that the forecasting in ObamaCare was hopelessly optimistic, and this appears to be one of those areas in which they’ll be proven right more quickly than most. The states will face billions of dollars each in new mandated Medicaid spending. What’s the likelihood of them 'not' joining a subsidy program to cover high-risk enrollees? About the same probability of Obama scheduling a prime-time press conference tonight or skipping his golf game tomorrow. Not only will the $5 billion disappear twice as fast as Sebelius and the Obama administration predicted, it may go even faster than that.
But don’t worry — Congress knew exactly what they were doing when they passed the bill. 'Riiiiiiiiiiiight'.
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