We are still finding costly Obamacare screw ups

Shannon Bream:

Back in March 2010, then-House Speaker Nancy Pelosi, D-Calif,, uttered the now-famous words, "We have to pass the bill so that you can find out what is in it, away from the fog of the controversy." Pelosi was talking about the health care law, and it appears she was right about the fact that it was full of unknowns.

It turns out that, due to a glitch in the law, roughly three million middle-income Americans could wind up on Medicaid - which was designed to assist the country's poorest citizens.

"It's gonna cost about $450 billion over 10 years," Senator John Barrasso. R-Wyo., who is also a surgeon, warns. Barrasso says it's yet another burden for average Americans. "Who's gonna pay for that - the taxpayers, people who are paying their bills every day," he says.

Democrats acknowledge there is a problem within the health care law that could have an unintended impact on Medicaid.

"I do think that between now and 2014, sooner rather than later, we should go back and take another look at this," Congressman Chris Van Hollen, D-Md., said Wednesday. Van Hollen also admitted that the potential snafu was discussed while the health care law was being drafted. It stems from a problem about how the word "income" is defined under the law now - and how that definition is set to change.

Richard S. Foster, Chief Actuary for the Centers for Medicare and Medicaid Services, says it's a worry that keeps him up at night. "We need to do something about this," he said.

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There is more.

The obvious answer is to repeal Obamacare. It was a poorly crafted monstrosity from the beginning and we are likely to find more such glitches in it as we go along. It is one of the most unpopular pieces of legislation in history and while it has some supporters, the passion of its opponent is overwhelming.