Sunday, July 21, 2013

Detroit wants to unload 19,389 retirees into Obamacare’s marketplaces

Welcome to Health Reform Watch, Sarah Kliff’s regular look at how the Affordable Care Act is changing the American health-care system — and being changed by it. You can reach Sarah with questions, comments and suggestions here. Check back every Monday, Wednesday and Friday afternoon for the latest edition, and read previous columns here.
A good chunk of Detroit’s debt problem is a health-costs problem. The Detroit Free Press notes that the city has $5.7 billion in unfunded retiree health-care liabilities, nearly a third of the city’s debt.
For this problem, at least, Detroit appears to have a relatively straightforward solution, one that hasn’t been available to bankrupt cities in the past. It plans to transition its 19,389 retirees into the health law’s new marketplaces, saving the city somewhere between $27.5 million and $40 million annually.

http://www.washingtonpost.com/blogs/wonkblog/wp/2013/07/19/detroit-wants-to-unload-19389-retirees-into-obamacares-marketplaces/ 

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