Loophole: Obama's health care law will let millions of middle-class people get nearly free insurance meant for the poor
An anomaly in Barack Obama's controversial healthcare law will allow millions of relatively well-off people to qualify for Medicaid, it emerged today.
The loophole, which was only discovered after the complex bill was signed, will give some couples earning four times the federal poverty level entitlement to nearly free insurance meant for the poor.
It means a married couple who have both retired early could have an annual income of about $64,000 and still get Medicaid, according to officials who make long-range cost estimates for the Health and Human Services department.
After initially downplaying any concern, the Obama administration said late yesterday that it would look for a fix.
Up to three million people could qualify for Medicaid in 2014 as a result of the anomaly.
That's because, in a major change from today, most of their Social Security benefits would no longer be counted as income for determining eligibility.
A married couple who have both retired early could have an annual income of about $64,000 and still get Medicaid, it has emerged
Medicare chief actuary Richard Foster says the situation keeps him up at night.
‘I don't generally comment on the pros or cons of policy, but that just doesn't make sense,’ Foster said during a question-and-answer session at a recent professional society meeting.
It's almost like allowing middle-class people to qualify for food stamps, he suggested.
‘This is a situation that got no attention at all,’ added Foster. ‘And even now, as I raise the issue with various policymakers, people are not rushing to say ... we need to do something about this.’
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haha the joke is the biggest loop hole is the crack-heads and other wise worthless twits that could work already on it.
Loophole indeed 50 % work for the government and other 20% don't work period You boys got a real problem..Its called worthlessness....but you follow the bouncing ball. Oh a lot of this crap has been around awhile..before that worthless president,,using term loosely.