Thursday, March 04, 2021

Biden, Democrats aim to expand Obamacare in COVID relief package

President Biden wants to expand Obamacare with his coronavirus relief package, saying subsidies for higher earners and sweeteners for a dozen states that refused to expand Medicaid would lift people out of the pandemic doldrums. That is giving plenty of ammo to Republicans who say Democrats are using the relief package to push through a liberal policy wish list that can evade a Senate filibuster. “Things like a massive expansion of Obamacare subsidies that would disproportionately benefit wealthier people,” Senate Minority Leader Mitch McConnell said in a floor speech blasting add-ons. Budget analyses also suggest it is a pricey way to try to herd people into the exchanges, with about $35 billion needed to get 1.3 million people newly insured. The proposal is temporary, lasting two years, and is overshadowed by the $1.9 trillion price tag of the overall bill. And it is not as ambitious as Mr. Biden’s campaign push for a “public option” or a lower Medicare-eligibility age, though it’s a big overhaul that speaks to Democrats’ desire to fix glaring affordability problems in their signature health law...MORE

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