Detroit is trying to cut down costs by looking to ObamaCare for a bailout as the city leaders try to cut back on the health care of retirees while they enter the bankruptcy proceedings. The city is proposing a plan that should reduce the outstanding retiree health care costs by $5.7 billion. They are trying to take the retirees too young for Medicare and send them to ObamaCare to decrease the burden on Detroit, but it would increase the burden on the federal government. According to the New York Times other cities with money issues are considering shifting retirees to this plan to save the cities money. This plan could serve as a way to show that the Obama administration officials and lawmakers have little interest in extending a bankrupt Detroit a bailout. However this can only happen if the rest of the law launch as scheduled at the beginning of 2014 happens. It has already been delayed a year because of a requirement on mid-sized and large businesses to provide . Republicans are trying to delay it again on a requirement on individuals having to buy insurance. The republicans trying to get it delayed another year could imperil or delay the entire system.
Detroit is trying to cut down costs by looking to ObamaCare for a bailout as the city leaders try to cut back on the health care of retirees while they enter the bankruptcy proceedings. The city is proposing a plan that should reduce the outstanding retiree health care costs by $5.7 billion. They are trying to take the retirees too young for Medicare and send them to ObamaCare to decrease the burden on Detroit, but it would increase the burden on the federal