The Motley Fool Discussion Boards
Politics & Current Events / Political Asylum
|Subject: Re: Did you know ACA is free? Mitt says so||Date: 11/14/2012 7:59 PM|
|Author: albaby1||Number: 1836759 of 1932540|
Free? I didn't know health insurance was free under Obamacare? I just thought ACA made it available.
No, you were incorrect. Many - possibly the majority - of the people that obtain health insurance because of the PPACA, it will be free.
The largest tranche of folks who obtain insurance will do so because they will be added to Medicaid. That was originally projected to be slightly more than half of the newly insured, though the refusal of some states to participate in that part of the program.
There is also a large segment of the population that will receive insurance that is heavily subsidized - but given the income ranges that Romney was referring to, he was likely speaking of the Medicaid expansion.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|