Seeking Alpha

Millions on low pay caught in health-law gap

  • Around 4.8M people aged 18-64 get no government help to buy medical insurance - because they earn too little to qualify for federal subsidies. However, they earn too much to receive benefits under state programs.
  • The gap is the result of 24 states deciding not to expand Medicaid coverage under the Affordable Care Act.
  • However, some states are revisiting their policies in order to cover the hole, which hospitals such as UAB Health System see as a threat to their revenues.
  • More on Obamacare
  • Hospital operators: HCA, CYH, THC, UHS, HMA, LPNT.
  • ETFs: XLV, XHE, VHT, FXH, IHF, IHI, IYH, PTH, RYH, PSCH, RXL, RXD, XHS.
Comments (3)
  • JD in NJ
    , contributor
    Comments (1345) | Send Message
     
    Leave it to government to design a system that is intended to help those with lower income but refuses to help those whose income isn't high enough.
    10 Feb 2014, 06:13 AM Reply Like
  • AZ Desert Trader
    , contributor
    Comments (246) | Send Message
     
    Leave it to REPUBLICAN state governments undercut a system designed to cover everyone.
    10 Feb 2014, 06:26 AM Reply Like
  • aztech01
    , contributor
    Comment (1) | Send Message
     
    Yea, why don't the Republican's make some more money and shove healthcare down our throats, oh wait that'st the Dems job.
    10 Feb 2014, 07:55 AM Reply Like
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