Tuesday, November 5, 2013

Detroit to delay plan to enroll retirees in Obamacare exchanges

Detroit's emergency manager Orr speaks to members of the Detroit Economic Club in Detroit, Michigan By Joseph Lichterman DETROIT (Reuters) - The city of Detroit will delay its plan to move retiree healthcare onto the Affordable Care Act exchanges because of problems that are plaguing the roll-out of the online insurance marketplaces, an attorney representing the city said in bankruptcy court on Tuesday. Detroit planned to provide all city retirees who are not eligible for Medicare with a stipend to purchase health coverage on the Affordable Care Act to take effect on January 1, said Heather Lennox, the city lawyer. Instead, Detroit will delay the plan a month, extending the current coverage through January 31. Detroit has $5.7 billion in liabilities for healthcare and other retiree benefits, which accounts for about half of the city's $11.5 billion in unsecured debt.








via Health News Headlines - Yahoo! News http://news.yahoo.com/detroit-delay-plan-enroll-retirees-obamacare-exchanges-162322488--sector.html

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