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ObamaCare Subsidy ‘Workaround’ Could Put Small Insurers Out of Business (Pelosi knew)
Fox Business ^ | 12/04/13 | Gabrielle Karol

Posted on 12/04/2013 5:18:54 PM PST by Libloather

For subsidized plans to go into effect under ObamaCare, the government needs to hold up its end of the bargain – by paying its portion of premiums and cost-sharing payments.

But some experts say a last-minute fix that would enable insurance companies to seek payment from the government for these costs may not be the Hail Mary intended by the Obama administration.

The Centers for Medicare and Medicaid Services (CMS) has not yet completed the back-end technology necessary to automatically transfer payment from the government to insurance providers for subsidized plans. Until this aspect of the website is fixed, the administration has proposed a temporary workaround that will allow insurers to estimate the bill owed by the government, submit that bill and then receive payment from the government.

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


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: business; insurance; obamacare; subsidy
Husseincare doesn't pay.
1 posted on 12/04/2013 5:18:54 PM PST by Libloather
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To: Libloather

When will the fools in this country learn. Obamacare is NOT about healthcare.


2 posted on 12/04/2013 5:22:22 PM PST by EagleUSA
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To: Libloather

Obamacare becomes middle man and screws just about everyone


3 posted on 12/04/2013 5:23:01 PM PST by molson209 (Hillary Clinton)
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To: Libloather
...the Hail Mary intended by the Obama administration. No way. If the Obama administration intended it, it was a Hail Satan.
4 posted on 12/04/2013 5:29:02 PM PST by omega4412
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To: Libloather

“I can’t be responsible for every under-capitalized small business in America! ... “

Hillary Clinton - 1992


5 posted on 12/04/2013 5:29:21 PM PST by Junk Silver
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To: Libloather
If am understanding the *single payer* demise and eventuality the big boys providing health-care insurance will be put out of business. Maybe one of the big boys will survive but the survivor will have to walk hands joined to government and do tell all the corruption that opens up *single payer* to. Not going to be a fun next few years, it does appear.
6 posted on 12/04/2013 5:30:18 PM PST by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: EagleUSA

The True Believers do understand what the end game is.... Central Planning of the Health Care Industry.
They say, ‘You gotta break a few eggs to make an omelet.’


7 posted on 12/04/2013 6:11:35 PM PST by griswold3 (Post-Christian America is living on borrowed moral heritage)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; cardinal4; ColdOne; ...

Thanks Libloather.


8 posted on 12/04/2013 7:24:02 PM PST by SunkenCiv (http://www.freerepublic.com/~mestamachine/)
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