Posted on 12/01/2015 5:59:14 PM PST by RKBA Democrat
The Affordable Care Act (ACA) is not working out the way many insurance companies thought it would. Despite the individual mandate and massive new government subsidies delivered directly to insurers, many participating insurers, whose continued participation is essential to the ACA’s future, are losing substantial money.
In order to assist those insurers, the administration is now seeking a taxpayer-financed bailout for them. Congress can block taxpayer funds from being used for this purpose by extending language contained in the 2015 government funding bill. Congress could also look to end the back-end subsidy that transfers money from people with workplace coverage to insurers selling ACA plans – plans that satisfy all of the new rules of the law.
(Excerpt) Read more at forbes.com ...
Considering that this is all about forcing a one payer system, I doubt it.
There had better NOT be. Of course, the obamaumaocare system is designed to fail and force us ALL into single payor govt shiite care.
Bailing out the insurance companies is written right there, in the Bill, which unlike the Dem pols, I have read !
It’s in the OBAMACARE Bill !
Apparently the bailout hasn’t been funded. Yet. Give CONgress half a chance and thst will be taken care of. You know, that same CONgress we all voted into power on the promise thst they would get rid of obamacare.
So much for voting.
The insurance company bailouts were written into the law.
Also a lot of goodies for other industries as well.
yea but worse..no system at all is what obamma mamba jamma lenin khomeini plans for his reset button..
forget a broken system fear..none at all is where we are headed, dysfunctional shake down gangstamint.
Gee, I dunno. Lemme think on it a moment...
YES.
They write these articles like there is any mystery to the outcome. Do these guys ever stick their noses out of their ivory towers and inhale the stench that is our current political class? Is there anyone in America who is so deeply buried under their rock they don’t know the Republicans won’t fight for anything that doesn’t benefit their crony donor class? The Republicans showed their hand when they prepared to bail out Obamacare back when there was still some belief the oligarchs in black robes were there to uphold the constitution. This guy would waste less of his time considering whether the sun will rise tomorrow.
Of course. There has to be some question as to the outcome. Even when there isn’t.
It works the same way with elections. There has to be some question as to the outcome. Even when there rarely is. Oooh. Will the gop win? Will the rats win? The uniparty wins regardless.
“The insurance company bailouts were written into the law.
Also a lot of goodies for other industries as well.”
One of the main reasons why the Republicans have done nothing to stop it.
Of course. It was added by the insurance lobbyists who helped write the bill.
Yes, yes it was.
It will fail as designed, with bailouts and golden parachutes galore, and then comes the clone of the British National Health Service.
From a November 20th article in the Washington Examiner by Philip Klein about the pressure by the U.S. Dept. of Health and Human Services to have the Federal government bail out the insurance industry to cover these ObamaCare losses (emphasis is mine):
Republicans, fearing that this could turn into an open-ended government bailout in the event of industry-wide losses, included a provision in last year's spending bill that limited the program, requiring HHS to pay out only from the pool of money collected, rather than supplementing it with other sources of government funding. President Obama signed that bill.
It looks like the original ObamaCare legislation had lots of money to bail out these insurers, but the spending bill passed last year included a provision that puts an important limit on where that money can come from.
Time for THE ultimatum—you get rid of 0bamacacare, or we get rid of you.
It’s a small world, after all...
i can still remember the countless photo ops with insurers and medical professionals. As if they were neutral third party observers.
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