Another Obamacare Swindle on the American Poeple … Tax Payer Bailout for Insurance Companies Who Lose $’s That Provide Coverage Through the Affordable Care Act

ITS THE GIFT THAT KEEPS GIVING IT TO THE AMERICAN TAX PAYER …

Obama administration officials for months have denied charges by opponents that they plan a “bailout” for insurance companies providing coverage under the healthcare law. Here comes a shock, guess what … THEY LIED!!! As reported at the LA Times, in yet another end run around Congress, 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. Ever wonder why insurance companies were all in for Obamacare? Looks like they had an out to be paid back for losses through a government bailout courtesy of the American tax payers.

This law should be considered a crime perpetrated on the American people. There was an intelligent, logical and proper way to go about attempting to provide healthcare to Americans who wanted it and make it affordable … THIS WAS NOT IT AND WAS NEVER INTENDED TO BE.

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.

Administration officials for months have denied charges by opponents that they plan a “bailout” for insurance companies providing coverage under the healthcare law.

They continue to argue that most insurers shouldn’t need to substantially increase premiums because safeguards in the healthcare law will protect them over the next several years.

3 Responses to “Another Obamacare Swindle on the American Poeple … Tax Payer Bailout for Insurance Companies Who Lose $’s That Provide Coverage Through the Affordable Care Act”

1. super dave on May 22nd, 2014 10:54 am

   how long America ????

2. A Texas Grandfather on May 22nd, 2014 11:50 am

   Obamacare has always been a “hide the pea” game with the people.

   The people who wrote this bill should be ashamed of themselves as well as those who voted for it. Of course they won’t be ashamed, they love socialism along with the power and control to be gained.

3. areader on May 23rd, 2014 10:50 pm

   The left has always been about denying the right their happiness.

   What makes right wingers happy is:
   - denying affordable health care to a large part of the American population
   - having Americans forced into bankruptcy due to health problems
   - have Americans and American companies endure double digit health insurance cost increases year after year
   - have huge numbers of Americans make professional and career decisions based solely on where they can get health insurance
   - have the number of Americans without health coverage increase year after year

   These are the kind of things that make right wingers happy. The left should be ashamed for trying to deny the right their happiness.
   _______________________________________________________________
   SM: You are delusional.

   What makes Conservatives happy:

   1. Following the US Constitution
   2. Actually providing a health care system to all, including Veterans. Not saying something is affordable and jacking up the price 500%.
   3. Personal Accountability.
   4. Restricting the power of the federal government
   5. jobs over EPA and enviro-whackos
   6. Energy independence
   7. Balanced budgets
   8. Peace thru Strength
   9. Leadership
   10. Responsible closed borders to illegals.
   11. Protecting America and Americans and on and on and on.

   R

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