, Columnist
Obamacare Is Double Trouble for Detroit Retirees
Unless the federal insurance exchanges are fixed soon, the law might wallop some people at their most vulnerable moment: Detroitâs retirees.
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The whole point of Obamacare was to make it easier for vulnerable Americans to obtain health coverage. But unless the federal insurance exchanges are fixed soon, the law might wallop some people at their most vulnerable moment: Detroit's retirees.
Because of the city's bankruptcy, these former public employees are already on the hook for huge cuts to their meager annual pensions, which average about $20,000 for general workers and $40,000 for police and firefighters.