Soaring cost of ACA subsidies investigated by lawmaker

06/5/2013 | Hill, The

Sen. Orrin Hatch, R-Utah, wrote a letter Wednesday asking Cabinet officials why the costs of new insurance subsidies are increasing under the Affordable Care Act. Hatch is asking for a breakdown of the contributing factors behind higher estimates for the tax credits, which would subsidize insurance premiums. Anticipation that businesses will unload employees into the new exchanges might be the cause of the increasing estimates, Hatch suggested.

View Full Article in:

Hill, The

Published in Brief: