Detroit proposes plan to turn to "Obamacare" to ease bankruptcy costs

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 chart obamacare repeal

Via Think Progress

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So will the GOP blame thank Obama and his evil Marxist socialist Kenyan Muslim Affordable Care Act for helping Detroit cope with bankruptcy, financial martial law (see above video), and failed GOP state and national economic policies, erosion of public services, union busting, and deregulation? Will they admit their hypocrisy?

You can stop laughing now.

Via the New York Times:

As Detroit enters the federal bankruptcy process, the city is proposing a controversial plan for paring some of the $5.7 billion it owes in retiree health costs: pushing many of those too young to qualify for Medicare out of city-run coverage and into the new insurance markets that will soon be operating under the Obama health care law.

Officials say the plan would be part of a broader effort to save Detroit tens of millions of dollars in health costs each year, a major element in a restructuring package that must be approved by a bankruptcy judge. It is being watched closely by municipal leaders around the nation, many of whom complain of mounting, unsustainable prices for the health care promised to retired city workers.

Similar proposals that could shift public sector retirees into the new insurance markets, called exchanges, are already being planned or contemplated in places like Chicago; Sheboygan County, Wis.; and Stockton, Calif. [...]

[T]he health law’s guarantee of federal subsidies to help people with modest incomes afford coverage has made the new insurance markets tantalizing for local governments.

The downside: Policies bought through an exchange could be more expensive for retirees than public sector health plans. On the other hand, some could end up spending less on coverage bought through the online markets than they do now.

And because Michigan is under King Rick Snyder's control, it is one of the Republican states that opted out of expanding Medicaid. Way to go, Ricky!

what's the matter with michigan

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  • 42bkdodgr

    Laffy do you think cities that develop this type of policy will only discourage highly qualified people from getting public service jobs?