State Obamacares its employees’ health insurance

Edgar's picture
By John Kennedy, State Treasurer
The state of Louisiana has “Obamacared” its own employees’ health insurance plan. Here’s how. One of the problems with the federal Affordable Care Act (called “Obamacare” by the President himself) is the way it’s paid for: with $700 billion of taxpayer money taken from Medicare. Many Louisiana officials, myself included, have criticized this. That’s why it’s so disappointing and more than a little ironic that the state has done the same thing to its own State Group Benefits (SGB) health insurance plan for 230,000 active and retired state employees, their spouses and children.
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