Is This Why Christie Didn’t Join ObamaCare Suit?
So, Christie "derides" ObamaCare? I honestly didn't know that. He certainly hasn't made it a key issue, also failing to join the many states that sued over it. On the other hand, his application for $39 million under it was treated "favorably" - and they're already after another $40 million for this year. Hmm, New Jersey is second only to California in terms of the dollars it received from it to prop up its ailing public worker health insurance fund.
Oh, and the program encourages states to continue the program, apparently. Imagine that. Well, that's not quite as bad as Mitch Daniels, who expanded public health care in Indiana, I guess. But it's close. Christie can't afford to do it, … for now.
New Jersey’s beleaguered public worker health insurance fund got a nearly $39 million cash injection last year from a piece of the controversial federal health insurance law that Governor Christie derides as “Obamacare.”
Christie’s administration aggressively pursued the funding, a Treasury Department spokesman said, and is seeking payment for another $40 million already this year.
“We had to compete against other employers for the proceeds,” spokesman Andrew Pratt said in an e-mail. “Our application … got comparatively favorable treatment because it [was] filed very quickly after the application process began in July.”
New Jersey ranked second, behind California, among state governments receiving payouts from the Early Retiree Reinsurance Program, according to a recent report issued by the Department of Health and Human Services.
The program reimburses public- and private-sector employers and labor union benefit funds for some of the cost of providing health insurance to early retirees between ages 55 and 65.
The funding was designed to encourage employers that were providing early retiree insurance to keep doing so because coverage for older people who are not |yet eligible for Medicare can be prohibitively expensive, according to an HHS spokesman, Keith Maley.