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Rove: Administration Offering Insurers 'Bribe' to Reinstate Plans
Newsmax ^ | 11/14/13 | Greg Richter

Posted on 11/14/2013 7:32:51 PM PST by jimbo123

The Obama administration is offering a "thinly described illegal bribe" to entice insurance companies to reinstate plans they have canceled, GOP operative Karl Rove says.

Appearing Thursday on Fox News Channel's "On the Record with Greta Van Susteren," Rove held up a three-page letter sent out Thursday by Centers for Medicare and Medicaid Services explaining that the "risk corridor program" would be expanded to help companies "ameliorate unanticipated changes in premium revenue."

The problem, Rove said, is that the risk corridor program applies only to "qualified plans" under the Affordable Care Act – not to grandfathered plans.

"What they're saying in this letter is, we're going to try and find a way to bribe the insurance companies to bring these back by promising we'll give them bonus payments not allowed under the law, not anticipated under the law, not authorized under the law," Rove said.

(Excerpt) Read more at newsmax.com ...


TOPICS: News/Current Events
KEYWORDS: bailout; karlrove; obamacare; riskcorridor; tokyorove
Tokyo Rove is a piece of crap, but he's right on this.
1 posted on 11/14/2013 7:32:51 PM PST by jimbo123
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To: jimbo123

Can’t this we deport this guy yet?


2 posted on 11/14/2013 7:36:32 PM PST by nickcarraway
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To: jimbo123

Where’s the news in this? Hasn’t bribery been a key component of the Chicago way for decades?


3 posted on 11/14/2013 7:39:26 PM PST by Standing Wolf (No tyrant should ever be allowed to die of natural causes.)
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To: jimbo123

He’s right about this, it’s illegal.

He’s just never right about elections...


4 posted on 11/14/2013 7:39:58 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: jimbo123

Thanks for staying on this. In a sane and decent world, the insurance companies would stand up against the unlawful demands of this regime. It will be interesting to see how this plays out.


5 posted on 11/14/2013 7:40:35 PM PST by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
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To: jimbo123

Obama’s stash is seemingly limitless. How does he do it?


6 posted on 11/14/2013 7:41:48 PM PST by pluvmantelo (The issue isn't the issue-power is the issue.)
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To: Jane Long

Tomorrow is the House vote on Keep Your Plan. Grab some popcorn.


7 posted on 11/14/2013 7:42:16 PM PST by jimbo123
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To: jimbo123
Thanks for the head's up.

I just posted this on another thread...


8 posted on 11/14/2013 7:45:15 PM PST by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
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To: jimbo123

Just let the insurance companies know that receiving this money is fraud and will eventually be prosecuted.


9 posted on 11/14/2013 8:48:31 PM PST by unlearner (You will never come to know that which you do not know until you first know that you do not know it.)
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