We The People

We The People

Sunday, December 18, 2016

Not Fake News: ObamaCare Subsidy Costs Will Jump 30% Next Year | Stock News & Stock Market Analysis - IBD

Not Fake News: ObamaCare Subsidy Costs Will Jump 30% Next Year | Stock News & Stock Market Analysis - IBD:

"The Center for Health and Economy finds that, even if enrollment for next year is relatively flat — they predict the number getting subsidies will go from 9.4 million this year to 9.7 million, which given current enrollment trends seems reasonable — ObamaCare's subsidy costs will still climb from $32.8 billion this year to $42.6 billion next year. That's an increase of 30%.

In case you're wondering, the Center for Health and Economy is not an Obama-hating right-wing, fake-news outfit. It's a nonpartisan research group founded two years ago by many of the leading health care economists in the nation."