A commenter on the article left this response:
“The headline is wrong. Tennessee will get help paying for the increased price of the new mandated insurance. But anyone who thinks that Tennessee is actually getting any money is going to be in for a serious let down.
This is essentially a rebate giving people money back on a mandatory purchase. Since the price of the item is going up the actual impact on Tennesseans will have to be seen, but the expectation - from the Obama administration - is that health insurance costs will be higher with reform.
Reform as written may or may not be a good thing, but the CA should at least try to write the headlines correctly. A better shot at it would have been “Tennessee to get $2.7 billion to defray cost of health care reform bill”
And lets not get started on who they are getting the $2.7 billion from - people who pay federal income tax. So if you pay no federal income tax this is wealth redistribution; if you do it is just returning money they took from you (but with conditions). Again you may think this is good or bad, but lets not act like it is money from heaven. The CA should contribute to the financial education of its readers, not encourage financial ignorance by leaving these key details out.”
You have to register to leave a response, so I don’t bother. The CA is referred to by conservatives as either the Comic Appeal or the Commie Appeal.
Thanks for your post....it explains a couple of questions I had i.e. where is this $ coming from?
In other words, BOHICA fellow Tennesseans!