Tuesday, January 27, 2009

Because when you subsidize something, you get more of it...

Six Figure Households to Get Free Kids' Health Insurance

Jim Geraghty of National Review reports that last Friday, the Department of Health and Human Services announced its calculation of the poverty level for 2009. As Geraghty points out, this is important because the House has passed legislation allowing states to offer government-funded health insurance (the "State Children's Health Insurance Program" or SCHIP") to children who live in families that have incomes up to 400 percent of the poverty level.

Under the new figures, this means that a family of four with an annual income of $88,200 can receive S-CHIP benefits. A family of five can have a six-figure household income—$103,160—and still qualify for this program originally designed to help the poor.

The Senate and the President are expected to sign onto the bill.

Read the full piece here.

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