A ‘fix’ to boost Obamacare subsidies would explode cost

Published



Following President Obama’s NBC interview in which he said his aides were looking into ways to provide some sort of relief for millions of Americans with cancelled insurance policies, the Huffington Post’s Sam Stein reported that officials are considering an “administrative fix” for those whose insurance premiums are going up, but who earn too much to qualify for federal subsidies.

It’s hard to imagine what such a fix would be, as anything that would adjust the formula for calculating subsidies would require an act of Congress.

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