John Locke Update / Research Newsletter (Archive)

Rejecting Exchanges

posted on in Health Care

A new actuarial report requested by the Department of Insurance shows an ObamaCare exchange could cost more than $22 million a year beginning in 2014 and could be "significantly higher" if the exchange acted more like the Massachusetts Connector, which "takes an active role in the collection, aggregation, distribution, and reconciliation of premium subsidies."

Just another reason for North Carolina to delay an ObamaCare exchange. Tea parties are beating back
ObamaCare exchanges
across the country. Oklahoma, Colorado,
and South
Carolina
joined Georgia,Louisiana, and Florida in opposition. Even Edmund
Haislmaier
, whose work at the Heritage Foundation led to the Massachusetts
Connector, says states should reject ObamaCare
money
. A Republican bill that has the blessing of the health care sector
moved from the health and human services committee to the Insurance committee
last week. Before debating it any further, the legislature should send back
North Carolina’s $1
million planning grant
. Legislators can then study exchanges after session
ends when federal rules are in place and the constitutionality
of ObamaCare is settled.

Click here for the Health Care Update archive.

As Senior Fellow, Joe examines fiscal and tax policy. He previously headed the North Carolina Government Efficiency and Reform initiative within the Office of State Budget and Management, which led to changes in automotive fleet management, natural and… ...

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