Rapid payout to exhaust ACA fund for early retirees within a year

10/31/2011 | Wall Street Journal, The

A report by the Government Accountability Office revealed that the Affordable Care Act-provided $5 billion fund meant to pay for the health insurance of early retirees not yet eligible for Medicare is set to exhaust by September 2012. The fund was first estimated to last until the end of 2013. However, an HHS official said that the rapid payout is a sign that the program turned out to be a success.

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