Thanks Barack.

Here’s another little jewel tucked away in Obama’s Un-Affordable Care Act.
More union workers, city workers, county workers, etc. will be able to retire early. This is now possible because YOU will be stuck with paying for their healthcare under the democrat’s new health care law.
This was discovered by RepandProudofit at Free Republic:

The health care bill gave Health and Human Services a $12 Billion slush fund designed to help people who decide to retire early, i.e. before 65, Medicare age.
From the Healthcare.gov website:

Rising health care costs have made it difficult for employers and unions to provide quality, affordable health coverage for workers and retirees while also remaining competitive in the global marketplace. The percentage of large firms providing workers with retiree health coverage dropped from 66 percent in 1988 to 29 percent in 2009.1. Many Americans who retire before they are eligible for Medicare without employer-sponsored health coverage see their life savings disappear because of medical bills and exorbitant rates in the individual health insurance market. Health insurance premiums for older Americans are over four times more expensive than those for young adults,2, and the deductible these enrollees pay is, on average, almost four times that in a typical employer-sponsored insurance plan.3

The Affordable Care Act creates a new program called the Early Retiree Reinsurance Program to help address this challenge that employers and older employees are facing. The Early Retiree Reinsurance Program (ERRP) provides much-needed financial relief to businesses, schools and other educational institutions, unions, State and local governments, and non-profits, in order to help retirees and their families continue to have quality, affordable health coverage.

Here is the list of the “employers” who have qualified for the supplements so far. Note that the “employers” on the list are mostly unions, cities, counties and colleges. Dems knew this would be the case when they wrote the bill by making supplements available only to employers who continue providing health coverage to workers who retire early, before Medicare age. How many private companies do that?

Basically, this is based on the argument that people deserve to retire early and you and I should help them pay for their health care insurance.

 

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  1. Damn that is a long list, are they sure $12 billion will be enough ? I mean while they are robbing us blind they may as well just take it all. Bastards.

  2. Check out the list. Lots and lots of city workers all over the nation are getting some of Obama’s stash.

  3. We can parse Obamacare and complain about Obamacare or we can get on the horn with our reps and tell them to stop screwing around and repeal this thing again. And to keep doing it until they get it done. If necessary, perhaps this summer we’ll have to organize and march. This ‘healthcare’ horror cannot be allowed to stand.

  4. I smell revolution in the air

  5. Just wait until these people actually need to use their Obamacare. Need to see the doctor for carpal tunnel? No problem, we can get you in to see him in 14 months. There will be no retiring early, anyway, as there will be no pensions, either.

  6. [The program ends on January 1, 2014 when State health insurance Exchanges are up and running.] hmmmmmm? and then what. if obama is into his 2nd term – the shuck and jive express as they try to explain what people thought they were getting they won’t be getting due to the little folks misunderstanding. a ship of fools.

  7. This well describes why the judge in florida pointed out that there is no sever-ability clause in the obamacare document(big screw up by pelosi) and if appeals court challenges holdup the entire giveaway is busted

  8. I’m sure that it is just a coincidence that they are all big Dem donors. / sarc.

    What ever happened to equal protection under the law?

  9. Looks like a new version of that old “Look for the union label” commercial jingle is in the making —

    “Look for the union liability”

  10. The “end game” which was to get Obamacare passed was such that it broke every rule in the book to get to the goal line. Our public just hears “free” and everything else is overlooked. Makes “fixing” a sporting event look like a charity event

  11. “…they are all big Dem donors./” the problem will be when that’s a prerequisite. non-obama supporters to the back of the line.

  12. [Basically, this is based on the argument that people deserve to retire early and you and I should help them pay for their health care insurance.] when those sitting in the cart demand that those pulling the cart move faster.

  13. So all of these unions & public sector employees that are already recieving FAR better benefits than the rest of us, will also have us pay for their early retirement health care.

    It may be about time to burn D.C. to the ground and start over.

  14. It’s theft, pretty plain and simple.

  15. Protester To Tea Partier: “Why Do You Have A Right To Your Money”

    http://www.youtube.com/watch?v=wD809fp6i_0&feature=player_embedded

  16. I’ve been ranting against this “Reinsurance” provision since it was first introduced in 2009. I brought it up at my Town Hall meeting that year with my Congressman. I wrote letters, phoned Congress, the GOP…all of them, multiple times. But I couldn’t get anyone to pay attention to it.

    Consider all the folks like me who’ve had to take Social Security early after losing our jobs in this recession. Yet we still HAVE TO PAY FOR OUR OWN INDIVIDUAL HEALTH PLANS. I pay $370 a month for mine. And now they’re also taxing ME to pay for benefits for (politically connected) others who retire as young as 55…WITH pensions and paid-for health benefits!!! Grrrrr.

    I’m so mad now that I’ve seen the list that I’ve set up meetings with both my GOP congressman and my senator in the next couple of weeks. I want $ amounts attached to the names on that list. And I want to know who, if any, have been denied. Of the $10B, how much has been spent? Lots of questions. Let’s hope I get some help getting answers.

  17. It says if you do not trust the link (.gov) do not open the file. I do not trust the link. :) So which one do you hit? Find/Save

  18. Just found another 12 billion to cut.
    Bachman’s 105 billion, this 12 billiion, that’s 117 billion.
    Where the hell is my axe?
    These are “non-negotiable” cuts.
    This is so easy. Bring more.
    This is straight “corporate welfare” to allow special interests to let their employees retire early with golden parachutes. Non-negotiable cut.

  19. This is a prime example of bribing a portion of the public with its own money that is a trade mark of socialism. As Mark Twain said about governmental abuses:

    “It is the foreign element that commits our crimes. There is no native criminal class except Congress.”

  20. Ummm, Barack plays left handed. Left, left, left. And his stroke is nowhere near that good. Maybe the pic is flip flopped.

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