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White House to Health Insurers: Don’t raise rates ahead of elections, we’ll get taxpayers to pay...
Against Crony Capitalism ^ | 5/21/2014 | Nick Sorrentino

Posted on 05/22/2014 3:17:17 AM PDT by markomalley

obamacares c                 c

Healthcare rates are going up for many people in 2015, and the White House is afraid that people will be unhappy about this. So unhappy that Democrats might be punished at the polls. But if health insurers keep their rates artificially low through the elections new rules unveiled recently by the administration will make sure the giant insurance companies won’t lose any money.

The taxpayers however will.

(From The LA Times)

The Obama administration has quietly adjusted key provisions of its signature healthcare law to potentially make billions of additional taxpayer dollars available to the insurance industry if companies providing coverage through the Affordable Care Act lose money.

The move was buried in hundreds of pages of new regulations issued late last week. It comes as part of an intensive administration effort to hold down premium increases for next year, a top priority for the White House as the rates will be announced ahead of this fall’s congressional elections…

…America’s Health Insurance Plans, the industry’s Washington-based lobbying arm, welcomed the administration’s move, saying in a statement that the regulations “provide important clarity about how these insurer-financed programs will work as health plans prepare their rates for 2015.”

Click here for the article.


TOPICS: Business/Economy; Extended News; Government; Politics/Elections
KEYWORDS:
Full title: White House to Health Insurers: Don’t raise rates ahead of elections, we’ll get taxpayers to pay the difference
1 posted on 05/22/2014 3:17:17 AM PDT by markomalley
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To: markomalley

This is just the equivalent of a family/doctor not telling a patient he has stage 4 lung cancer with 6 months to live.

The goal is not having to live and deal with him and his realization that life is over for him.

How truly and utterly despicable this government is.


2 posted on 05/22/2014 3:21:55 AM PDT by Gaffer
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To: markomalley
Why are we putting up with this crap?

First thing we need to do is take over comcast nbc and broadcast the truth instead of the lies from the left. mslsd had a program on about the benghazi "distraction" last night that had me fighting mad.

The media covers for these bastards and the dumb frogs in this country think the water in the pot is just fine.

3 posted on 05/22/2014 3:27:29 AM PDT by Post5203 (For the first time in my life, I despise this country.)
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To: All
America’s Health Insurance Plans, the industry’s Washington-based lobbying arm, welcomed the Obama administration’s (blatant political move to mislead the American electorate)..... stating that the Obama regulations “provide important clarity about how these insurer-financed programs will work as health plans prepare their rates for 2015.”

Mmmmmm.....what a show of unity. I guess all the insurance guys are wearing their brown shirts and high boots, as they lockstep smartly before der leader.

4 posted on 05/22/2014 3:30:41 AM PDT by Liz
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To: Gaffer; markomalley
This is also the inevitable consequence of the Congress of the United States abdicating its article 1 responsibilities to legislate by telling the bureaucrat in charge of Health and Human Services:

"go away and make up a law that tells Americans how they must be insured, who must be insured, for what, to what extent, what will not be insured, what it will cost, who will treat them, how they will be treated, and whether they will be treated at all; do this on the fly and change it as much as you care to as you go along."

At some point such a shameless abdication of legislative responsibility by the Congress of the United States must be held to be repugnant to the Constitution. Even Chief Justice Roberts must somehow, sometime, find it somewhere in the dark caverns of his conscience to do the right thing.


5 posted on 05/22/2014 3:34:04 AM PDT by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: nathanbedford

One might think the dark caverns of their respective consciences still have some flicker of light and right, but honestly believe that the larger part of them are only interested in the quickest and easiest way to maintain their second-tier power in a stress-free manner that only requires stabbing your constituents in the back through continual lying.

As for the Democrats, there is only darkness. It is their whole universe.


6 posted on 05/22/2014 3:42:48 AM PDT by Gaffer
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To: markomalley

Socialization of risk socialists colluding with socialists/totalitarians? Who’da thunkit?


7 posted on 05/22/2014 3:47:46 AM PDT by PGalt
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To: markomalley

Do these insurers realize that the taxpayer subsidies will end after the November elections? Do these insurers realize that after the elections THEY will be stuck with the losses?


8 posted on 05/22/2014 3:50:30 AM PDT by Cowboy Bob (They are called "Liberals" because the word "parasite" was already taken.)
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To: markomalley

Insurers and the American people know they can trust Obama. If things don’t work out for them he can tell everyone he is simply as angry as he can be.


9 posted on 05/22/2014 4:02:58 AM PDT by stevem
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To: Cowboy Bob

“Do these insurers realize that the taxpayer subsidies will end after the November elections? Do these insurers realize that after the elections THEY will be stuck with the losses?”

Maybe not; at that point they are beholden to the government and will function as government agencies. This concept of subsidizing the increases with taxpayer dollars is right in line with what the Dems wanted all along: government-controlled healthcare for all (paid for by some).


10 posted on 05/22/2014 4:03:17 AM PDT by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: Gaffer

No argument from me. My money is on your description.


11 posted on 05/22/2014 4:16:38 AM PDT by nathanbedford ("Attack, repeat, attack!" Bull Halsey)
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To: nathanbedford

When the people of Kentucky re-elected the Abdicator in Chief to lead the upper house of Congress, then it is far more the people who put them there who deserve the repudiation than the obvious figurehead that defines them.


12 posted on 05/22/2014 4:18:46 AM PDT by mazda77
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To: Post5203
First thing we need to do is take over comcast nbc and broadcast the truth

Somebody is a little pissed off. Gotta plan, or just a rant to let off some steam?

It's OK, we all rant from time to time, but a take over of anything is dicey.

13 posted on 05/22/2014 4:22:37 AM PDT by USS Alaska (Exterminate the terrorist savages, everywhere.)
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To: markomalley

Lie to and cheat people, yeah, that is the way to go.
Democrats are scum.


14 posted on 05/22/2014 4:31:50 AM PDT by dforest
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To: Post5203

You answered your own question. These kind of things don’t exist to a large portion of this country. They never hear about it and when told by (horror) a republican, they think the person is lying.

They believe CNN is a real news organization that reports fairly.


15 posted on 05/22/2014 4:57:56 AM PDT by pas
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To: markomalley

How is this not a high crime or misdemeanor. Manipulating law and markets for political gain. I’m afraid this genie can’t be put back in the bottle and this is the way the government will work from here on out no matter who’s in power. Stick a fork into the U.S. we’re done.


16 posted on 05/22/2014 5:11:04 AM PDT by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: Liz

——Mmmmmm.....what a show of unity. I guess all the insurance guys are wearing their brown shirts and high boots, as they lockstep smartly before der leader. -—

I won’t be too tough on the insurance companies, after all they are complying with the dictates of the regime...

What company wants to lead the way in massive premium hikes while their competitors soak up taxpayer money... ?


17 posted on 05/22/2014 5:22:27 AM PDT by Popman ("Resistance to Tyrants is Obedience to God" - Thomas Jefferson)
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To: markomalley

Take these taxpayer subsidies and keep rates low, so our election losses are mitigated, or I will go out there and make speech after speech how the insurance industry is the problem with their greedy, high rates.


18 posted on 05/22/2014 5:31:19 AM PDT by Erik Latranyi
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To: Cowboy Bob
Do these insurers realize that the taxpayer subsidies will end after the November elections? Do these insurers realize that after the elections THEY will be stuck with the losses?

Can you say "Hello, Single Payer?"

19 posted on 05/22/2014 5:34:14 AM PDT by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
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To: Popman

True-—what’s really appalling is not the latest lockstepping-—but that insurance companies went along with Obama’s destruction of their fine-tuned, well-managed industry from the getgo.


20 posted on 05/22/2014 5:34:57 AM PDT by Liz
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To: markomalley

They can do this. This is blatant, out in the open trickery and the average American would be able to see it.

But they can do it, out in the open, without any cover or explanation.

The reason they can do it and get away with it is because the media will make nary a peep about it.

Zer0 knows his friends in the media will protect him to the end.


21 posted on 05/22/2014 6:13:14 AM PDT by envisio (Its on like Donkey Kong!)
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To: Liz
re: insurance companies in lockstep with Obama

Don't worry. The 'pub majority in the HOR who really hate Obamacare and want to get rid of it won't finance this outrage.

(sarcasm of course)

22 posted on 05/22/2014 6:22:48 AM PDT by grania
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To: envisio

When the premiums finally do increase (and they WILL in order to support this monstrosity), who do you suppose will get the blame??


23 posted on 05/22/2014 6:25:57 AM PDT by systemjim (Lifetime Lover of Music)
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To: envisio

When the premiums finally do increase (and they WILL in order to support this monstrosity), who do you suppose will get the blame??


24 posted on 05/22/2014 6:43:05 AM PDT by systemjim (Lifetime Lover of Music)
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To: grania

heh——good one.


25 posted on 05/22/2014 7:13:31 AM PDT by Liz
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To: markomalley
So, they are stealing our money to give away thereby keeping their lies and criminality hidden so they can keep getting elected to office so they can steal even more of our money and put us irrevocably under a yoke of tyranny where they can exploit us even more?

Did I get that about right?

When and where does the Tar, Feathers, and Pitchfork Parade start?

26 posted on 05/22/2014 8:02:30 AM PDT by Gritty (Climate hysterics shriek on. Loud and apocalyptic is the only setting on the machine.-Mark Steyn)
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