Cities and states may soon attempt to unload unsustainable health costs on the federal government by dumping employees and retirees into exchanges.
Both Chicago and Detroit have explored using the exchanges to reduce huge budget shortfalls.
The incentives for cities and states to dump their workers into health care exchanges are significant.
Reducing retiree health costs could save Detroit, Michigan approximately $150 million per year.
With the city of Detroit facing a $386 million budget deficit and $17 billion in long-term debt.
There aren't really any “savings” at all though — merely a shift of unsustainable costs from cities and states to the taxpayer.
The shift of potentially millions of government employees would cause Obamacare costs to rise by trillions.
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Thursday, July 11, 2013
The Next Problem With ObamaCare / Dumping Our City, County, & State Workers
Summarized from Bloomberg News:
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