“On Thursday, the administration tried to calm insurers, sending them a written memo full of promises. Obama’s Department of Health and Human Services vowed to go to Congress for full funding to reimburse insurers for their losses.”
Look out taxpayers– you will be asked to pony up for plans with little accountability, nice stock options and generous executive compensation. The louder they whine, the more government largesse will be rained upon them. Alieta Eck, MD For Real Health Care Reform
A new taxpayer bailout to cover up ObamaCare’s failure?
By Betsy McCaughey
November 20, 2015 | 8:58pm
How dare the Obama administration bail out insurance companies with our money in order to hide ObamaCare’s failures. Thursday, just hours after giant insurer UnitedHealthcare said it’s losing money selling ObamaCare plans and will likely exit the health exchanges next year, the Obama administration quietly promised to bail out insurers for their losses — using your money.
Nearly all insurers are bleeding red ink trying to sell the unworkable plans. Without a bailout, more insurers will abandon ObamaCare, pushing it closer to its demise. A bailout would benefit insurers and the Democratic Party, which is desperate to cover up the health law’s failure. Ironically Democrats (including Hillary Clinton and Bernie Sanders) bad-mouth bank bailouts but are all for insurance-company bailouts. Truth is, it’s a ripoff for taxpayers, who shouldn’t have to pay for this sleazy coverup.
https://nypost.com/2015/11/20/a-new-taxpayer-bailout-to-cover-up-obamacares-failure/
