LA State Treasurer says Bobby Jindal ‘Obamacared’ Group Benefits

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LA State Treasurer says Bobby Jindal ‘Obamacared’ Group Benefits

Gov. Bobby Jindal’s administration has “Obamacared” Group Benefits, the state’s health insurance program, according to state Treasurer John Kennedy.

The Obama administration is taking $700 billion from Medicare to fund the federal health care revamp formally known as the Affordable Care Act, Kennedy said.

“That was wrong,” Kennedy said.

“Now the state has its own ‘Obamacare,’” he continued, noting the $300 million in Group Benefits reserves gone under Jindal’s watch, “putting it in financial jeopardy.”

That was wrong, too, added Kennedy, insisting that some funds helped plug state budget holes.

“When we do it, some of my colleagues call it good government,” Kennedy told a Press Club of Baton Rouge audience. But, he said, “we have basically ‘Obamacared’ our own program.”

http://theadvocate.com/news/10468108-123/treasurer-says-jindal-obamacared-group
 
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