OBAMA NEGOTIATED THE CHANGE!! I DON'T THINK HE CAN DO THAT!! WHAT AM I THINKING?? HE IS THE EMPEROR!!!
Under the current system, the government covers most of the cost of health-care premiums for members and their staffers. But an amendment to the Affordable
Care Act — proposed by Iowa Republican Sen. Chuck Grassley — threw those subsidies into question saying that members and staff must enter into the exchanges or be covered by insurance “created” by law.
The potential for staff losing the subsidies led to concerns of “brain drain” from the Hill if staffers left as a result of the increased costs
.
The guidelines, released Wednesday, allow for members and staff to retain their subsidies from the government, an exception in exchange for giving up “premium tax credits” that they would otherwise be eligible for under Obamacare.
“The amount of the employer contribution toward their Exchange premiums is no more than would otherwise be made toward coverage under the [Federal Employee Health Benefits
] Program,” the OPM release notes.
“These proposed regulations implement the administrative aspects of switching Members of Congress and congressional staff to their new insurance plans — the same plans available to millions of Americans through the new Exchanges,” said Jon Foley, OPM Director
of Planning and Policy, in a statement.
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