The Congressional Budget Office has issued an ambiguous report, full of assumptions and variables, on the impacts of repealing ObamaCare.
While the U.S. Supreme Court weighs the future of healthcare subsidies, the federal government reveals little regard for taxpayer dollars, as it cannot account for $2.8 billion in healthcare subsidies. According to an audit report by the Department of Health and Human Services Office of Inspector General, taxpayer funding is significantly “at risk” under the current system.
If the Supreme Court rules in the case of King v. Burwell that the words “exchanges established by the state” mean that only citizens in those states enjoy subsidies to help pay for their insurance under ObamaCare while those elsewhere do not, the impact of such a ruling would likely prove to be enormous and overwhelmingly positive.
Running short of cash, state ObamaCare exchanges are considering merging some of their services, which may be difficult and could lead to a nationwide health exchange.
On Wednesday, House Speaker John Boehner criticized the Veterans Affairs leadership for failing to take action to improve veterans care despite the fallout from last year’s scandal that prompted then-Secretary Eric Shinseki to resign.
"Medicaid enrollment under Obamacare is skyrocketing past expectations,” reported Politico, and that means big trouble for federal and state budgets and hospital emergency rooms.
Lacking funds and enrollees, Hawaii's ObamaCare exchange is preparing for the worst: closing up shop and turning things over to the feds.