Cashing In on Health Subsidies

HHS Secretary Kathleen Sibelius announced that 2,000 employers throughout the country had applied for a piece of a $5 billion â??Early Retirement Reinsurance Programâ? set up under Obamacare to subsidize employer-sponsored health insurance for retirees who havenâ??t yet reached the Medicare eligibility age of 65. The lionâ??s share of this particular federal honey pot is likely to be slurped up by state and local governments, which account for the bulk of the nationâ??s retiree health insurance expenditures.