HHS issues guidance on early retiree reinsurance
May 9th, 2010
By jeremy.engdahl-johnson
The Department of Health and Human Serices has issued guidance on how sponors of employment-based health plans covering early retirees may apply for the $5 billion in federal subsidies available under the reinsurance program created by the Patient Protection and Affordable Care Act. More here.
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Let me understand this. The feds have enacted legislation that may cause me to lose my health insurance entirely or at the least go up in cost. Then they tell me that I can apply for a subsidy which is really just my own tax money. WHAT A DEAL?
I have abetter idea. Let’s reverse the law and throw the bums that voted forit out of office.