Sen. Sessions Takes Subsidy to Buy Insurance on Obamacare Exchange (+video)

Sen. Jeff Sessions (R-Ala.), whose congressional salary is $174,000 a year, said he has purchased health insurance on the District of Columbia small business Obamacare exchange, and will accept a taxpayer-funded subsidy to help him pay for that insurance.

“I will accept the subsidy, although it’s going to be considerably more expensive for me,” Sessions said.

Under the Affordable Care Act, private citizens who buy their health insurance in an Obamacare exchange can only get a federal subsidy if their income is less than 400 percent of the poverty level–a level of income that is currently $94,200 for a family of four.

However, as CNSNews.com has reported, a regulation issued by the Office of Personnel Management allows members of Congress, even though they are paid $174,000 per year, to get an “employer contribution” from the U.S. Treasury when they buy a health insurance plan in the exchange set up for small businesses in Washington, D.C.

That “employer contribution”–paid out of the U.S. Treasury–can run up to $11,378 per year for a family plan.

Read more from this story HERE.