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Aetna Joins Growing Chorus Warning About ObamaCare Failing
Investor's Business Daily ^ | 2/3/2016 | Staff

Posted on 02/04/2016 4:16:44 AM PST by IBD editorial writer

Health Reform: ObamaCare was supposed to be on a roll by now, promising 20 million signing up, low cost and stable premiums. Turns out it’s on a roll all right. It’s rolling towards the cliff.

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


TOPICS:
KEYWORDS: obamacare
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1 posted on 02/04/2016 4:16:44 AM PST by IBD editorial writer
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To: IBD editorial writer

Well, the health care companies sold their souls for this mess. No bailouts if they fail.


2 posted on 02/04/2016 4:20:42 AM PST by ealgeone
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To: ealgeone

Relax, it’s working perfectly.

Single payer in 5, 4, 3 ...


3 posted on 02/04/2016 4:26:59 AM PST by IncPen (There is not one single patriot in Washington, DC.)
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To: IBD editorial writer

Obamacare is failing only if it was designed to improve medical access and treatment. It was designed to make Single Payer inevitable. It is succeeding grandly.


4 posted on 02/04/2016 4:28:06 AM PST by arthurus (Het is waar. Tutti i liberali sono feccia.)
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To: IBD editorial writer

Why should I care if insurance companies are making a little bit less than they were before?

They are the single biggest blight on American health care and we would all be far better off if they ceased to exist.


5 posted on 02/04/2016 4:38:05 AM PST by sakic
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To: IBD editorial writer

Hillary wants to continue and improve affordable healthcare which is only affordable to people who live in cardboard boxes and on public assistance


6 posted on 02/04/2016 4:42:37 AM PST by ronnie raygun
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To: IBD editorial writer
And Aetna was one of the big health insurers that sold their very souls to the devil of Obamacare and the Donkeys. They were blinded by nothing more than unbridled greed and now the iron laws of economics are bankrupting them. Gee, how terrible...NOT. Sleep with camels and get up with fleas, fellas. These morons never read the Obamacare plan. I was DESIGNED to destroy private insurers and replace them with a single payer government plan. But, the insurance company's greed overpowered all reason.
7 posted on 02/04/2016 4:44:56 AM PST by MasterGunner01 ( Barbara Da)
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To: arthurus

Another part of O care is the institution of another tax on the 1040.


8 posted on 02/04/2016 4:50:23 AM PST by Texas resident (The democrat party will destroy our country and they think they won't be affected.)
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To: IncPen

I’ve suspected the politicians planned a transition to single payer, but where do the ins. companies fit within a single payer system? Would they be screwed?


9 posted on 02/04/2016 5:14:40 AM PST by catbertz
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To: All
Surprise (cackle).

Turns out Obamacare is a vehicle for consolidating Dummycrat power.....complete w/ a multi-billion dollar slush fund financed by your tax dollar.

The Untraceable $8 Billion ObamaCare PR Budget---truly govt fraud at its finest. Egged on by Pelosi, no one in Congress told Americans about Section 4002---which mandates an $8B untraceable fund to "promote" Obamacare (apparently b/c Boobamba had so little confidence in his signature legislation).

In 2010 Taxpayers are extorted $500 million, in 2011, $750 million, 2012, $1 billion, 2013, $1.25 billion, 2014, $1.5 billion and in 2015 and on, $2 billion.

=================================

FYI---A local couple called 10News concerned after they received an envelope from Obamacare website, Covered California. Inside was a letter discussing voter registration and a registration card pre-marked with an "x" in the box next to Democratic Party.

10 posted on 02/04/2016 5:18:39 AM PST by Liz (SAFE PLACE? A liberal's mind. Nothing's there. Nothing can penetrate it.)
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To: Arthur Wildfire! March
TIP OF THE OBAMACARE FRAUD ICEBERG Just a hint of the Obamacare scams perpetrated on taxpayers. Money-laundering, conspiracy and massive govt fraud should be considered.

================================================

O/Care passed by an historic Democrat party-line vote w/ a massive, multi-billion-dollar slush fund that was deliberately kept hidden from us "stupid taxpayers" by self-serving Grubercrats.

=========================================

The Untraceable $8 Billion ObamaCare PR Budget---truly govt fraud at its finest. Egged on by Pelosi, Democrats slavishly voted for Obamacare by an historic straignt-party line vote.

Not one Democrat told Americans about Obamacare's Section 4002---which mandates an $8B untraceable fund to "promote" Obamacare (apparently b/c Boobamba had so little confidence in his signature legislation).

THE PAYOFF--WHO GOT THE MONEY? In 2010 Taxpayers are extorted $500 million, in 2011, $750 million, 2012, $1 billion, 2013, $1.25 billion, 2014, $1.5 billion, and, in 2015 and on, $2 billion

<><> Where is all that money going?

<><> Was cashing-in the incentive in getting the thing passed?

The sound of West Wing wire-transfers to states and to offshore banks is almost palpable.

=========================================

O/Care is a presidential blunder of Ceaucescu-esque proportions......a titanic tsunami taking down everything in its path.

The O/Care con artists are on a crime spree to work the dismal numbers----lots more tricks up their sleeves. Enrollees got conned into this scheme.. The enrollee numbers are so low, Obama ordered HHS to pump the numbers to dupe the taxpaying public into thinking the atrocity is popular....

==================================================

Some observers note that the Democrat-controlled Senate passed Obamacare after a series of unsavory transactions that purchased the aye votes of several shrewdly extortionate Democrats....with a huge pile of money still unaccounted for.

The most unsavory was then-Sen Landrieu's $4.3 billion Louisisana Purchase.

THE PAPER TRAIL IS HUGE Sen Landrieu (recently lost her reelection bid) sold her aye vote in what Forbes Magazine dubbed The Louisiana Purchase that included a massive $4.3 Billion to Landrieu

FORBES REPORTED Democrats nailed Landrieu/s support for Obamacare w/ a greenback bribe. Landrieu, critics believe, pledged her vote in exchange for some $200 million more additional federal funds for Louisiana. Except that, due to a (cough) drafting error, the law ended up giving Louisiana $4.3 billion: more than twenty times the assigned amount.

MORE HERE http://www.forbes.com/fdc/welcome_mjx.shtml

===============================================

BACKSTORY In the fall of 2009, Sen. Harry Reid (D-Nev.) was trying to get the necessary 60 Dimocrat votes to pass the Affordable Care Act. He needed every Dim on board, which gave waffling senators a great deal of leverage. In Landrieu's case, she connivingly saw that selling her aye vote could get her maybe $200 million federal dollars. Obama complied. Reid chalked up another vote for Obamacare----not the measly $200 million but $4.3 billon was attached to the Obamacare bill earmarked for Landrieu.

=================================================

How $4.3 billion to Landrieu was calculatedly attached to the Obamacare bill, and how Obama and Reid (cough) "failed to catch and fix it," is yet another indictment of the Obamacare atrocity.

The $4.3 billion handoff to Landrieu should be investigated as an indication of how EVERY Democrat came to vote for Obamacare....and how tax dollars were laundered to get lock-stepping Democrats' votes.

FBI TIPS PAGE https://tips.fbi.gov

11 posted on 02/04/2016 5:21:47 AM PST by Liz (SAFE PLACE? A liberal's mind. Nothing's there. Nothing can penetrate it.)
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To: All
O/Care is a huge money-laundering operation---everybody got a cut. From F/L Michelle and her pal who made zillions botching the rollout web site using a phony company---to Obama admin insiders...Jonathan Gruber, and of, course, salivating Dumbocrats.

============================================

The Untraceable $8 Billion ObamaCare PR Budget---truly govt fraud at its finest. We still do not know where these billions went.---O/care allocated some $6 billion tax dollars which has yet to be traced.

===================================================

REFERENCE---- ACA SEC. 4002. PREVENTION AND PUBLIC HEALTH FUND.

(a) PURPOSE. It is the purpose of this section of the Affordable Care Act (Obamacare) to establish a Prevention and Public Health Fund (referred to in this section as the ‘‘Fund’’), to be administered through the Department of Health and Human Services, Office of the Secretary, to provide for expanded and sustained national investment in prevention and public health programs to improve health and help restrain the rate of growth in private and public sector health care costs.

(b) FUNDING.—There are hereby authorized to be appropriated, and appropriated, to the Fund, out of any monies in the Treasury not otherwise appropriated—

(1) for fiscal year 2010, $500,000,000;
(2) for fiscal year 2011, $750,000,000;
(3) for fiscal year 2012, $1,000,000,000;
(4) for fiscal year 2013, $1,250,000,000;
(5) for fiscal year 2014, $1,500,000,000; and
(6) for fiscal year 2015, and each fiscal year thereafter, $2,000,000,000.

(c) USE OF FUND.—The Secretary shall transfer amounts in the Fund to accounts within the Department of Health and Human Services to increase funding, over the fiscal year 2008 level, for programs authorized by the Public Health Service Act, for prevention, wellness, and public health activities including prevention research and health screenings, such as the Community Transformation grant program, the Education and Outreach Campaign for Preventive Benefits, and immunization programs.

(d) TRANSFER AUTHORITY.—The Committee on Appropriations of the Senate and the Committee on Appropriations of the House of may provide for the transfer of funds in the Fund to eligible activities under this section, subject to subsection (c).

=============================================

WHERE IS THE MONEY?

FBI TIPS PAGE https://tips.fbi.gov

================================================

IRS Watchdog: $67 Million Missing from Obamacare Slush Fund WASHINGTON, D.C. – The IRS is unable to account for $67 million spent from a slush fund established for Obamacare implementation, according to a Treasury Inspector General for Tax Administration (TIGTA) report released today. The “Health Insurance Reform Implementation Fund” (HIRIF) was tucked into Obamacare in order to give the IRS money to enforce the tax provisions of the healthcare law. The fund, totaling some $1 billion of taxpayer money, was used to roll out enforcement mechanisms for the approximately 50 tax provisions of Obamacare. According to the report: “Specifically, the IRS did not account for or attempt to quantify approximately $67 million [from the slush fund] of indirect ACA costs incurred for Fiscal Years 2010 through 2012.” The report also found several other abuses of taxpayer funds, including: (Excerpt) Read more at atr.org ...

============================================

Say what? The IRS is unable to account for $67 million tax dollars from a slush fund for Obamacare implementation (sez a Treasury Inspector General for Tax Administration (TIGTA) report)?

This is just a "wild guess" (/snix).....but I suggest they ask the "WH laundress."

Let's see all of Valerie's:

<><> wire-transfers, snail mail, cell records, WH phone records,

<><> financial holdings of all WH principles,

<><> any and all of her contacts w/ the Barack H Obama Foundation (run by Obama's brother),

<><> trading tickets, bank statements,

<><> travel records,

<><> Valerie's official calendar,

<><> times and dates of contacts w/ Jonathan Gruber.

==============================================

Let's have (1) copies of Valerie's checks, (2) wire transfers, (3) account statements, (4) invoices, (5) bills, (6) delivery tickets, (7) correspondence including e-mail, contracts, loan agreements, and, (8) any other books or records.

Also (a) monies Valerie paid to brokers, sub-brokers, (b) family members, (c) mortgage brokers, (d) financial managers, and, (e) real estate agents, brokers, and developers.

Oh, and check Russian banks Sberbank or Vnesheconombank for money funneled to secret numbered accounts in Zurich and Geneva.

12 posted on 02/04/2016 5:30:58 AM PST by Liz (SAFE PLACE? A liberal's mind. Nothing's there. Nothing can penetrate it.)
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To: IBD editorial writer

Hey Aetna, don’t you mean Hillarycare? Obama is the Clinton’s lawn jockey who rode the Trojan horse to the finish line. Hillaryous Rotten Criminal gave birth to the foal. Why the long face? Living in the socialist stable health “INSURANCE” doesn’t smell so good when it turns to TOTALITARIANCARE, eh?


13 posted on 02/04/2016 5:32:54 AM PST by PGalt
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To: IBD editorial writer

We’re living in the Land of Oz where “good intentions” trump reality and results. 0bamaFraud was shoved down our throats despite the intense opposition against it, and the Central Planners refuse to repeal it.


14 posted on 02/04/2016 5:40:37 AM PST by windsorknot
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To: IncPen
Single payer in 5, 4, 3 ...

I know that SP has been the conventional wisdom--the direction everyone said healthcare would go when Obamacare failed, but why would ANYONE believe that the government could get SP right when they couldn't get Obamacare to work?

"Gee, this is a good start; let's put everyone into a healthcare system where the government directs all payments and standards for service!"

15 posted on 02/04/2016 5:48:48 AM PST by Lou L (Health "insurance" is NOT the same as health "care")
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To: Lou L

” . . . but why would ANYONE believe that the government could get SP right when they couldn’t get Obamacare to work?”

The VA medical system is a real example of a health care system run by the US government.


16 posted on 02/04/2016 6:03:37 AM PST by Soul of the South (Tomorrow is gone. Today will be what we make of it.)
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To: Lou L

“...but why would ANYONE believe that the government could get SP right when they couldn’t get Obamacare to work?”

Who think the Socialists get SP to work where’s it’s in effect NOW? Just look at Canada, or even Britain.

It doesn’t work THERE, but people expect the US to pick-up the same mantle, tweak it and ‘magically’ work?

Socialism. DOESN’T. Work.


17 posted on 02/04/2016 6:04:59 AM PST by i_robot73 ("A man chooses. A slave obeys." - Andrew Ryan)
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To: IncPen

Yep, it was designed to fail. Designed to kill the insurance companies.


18 posted on 02/04/2016 6:20:02 AM PST by CPT Clay (Hillary: Julius and Ethal Rosenberg were electrocuted for selling classified info.)
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To: IBD editorial writer
If it threatens to take down Aetna and others than it wasn't all in vain.

WHO profited the MOST from increased rates and higher deductibles?

NO BAILOUTS for insurance companies!

19 posted on 02/04/2016 6:25:22 AM PST by VideoDoctor
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To: MasterGunner01

Yep but it’s kinda hard to read something that hadn’t been written when it was passed!


20 posted on 02/04/2016 6:43:22 AM PST by t4texas (-)
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