Posted on 11/26/2015 12:28:19 AM PST by Brad from Tennessee
Members of the House Committee on Oversight and Government Reform want to know why half of the 23 Obamacare health insurance co-ops have failed, and they are demanding documents from the Obama administration that may offer answers.
Utah Republican Committee Chairman Rep. Jason Chaffetz  and three subcommittee chairmen sent a letter to the Centers for Medicare and Medicaid Services (CMS) Nov. 20 demanding it turn over documents about the co-ops by December 4. CMS is part of the Department of Health and Human Services and manages Obamacare.
An estimated 800,000 Americans are scrambling to find new health insurance coverage as a result of the collapses. It will cost federal taxpayers at least $1.2 billion. President Barack Obama spent $2.4 billion overall to establish the co-ops, which are intended to provide publicly-funded competition for private sector health insurers.
Chaffetz addressed Andy Slavitt, the acting CMS administrator who Obama nominated to serve as its permanent top official. . .
(Excerpt) Read more at dailycaller.com ...
[Compounding the problem, the original federal rules for the co-ops stop anyone with experience in the commercial insurance industry from joining board or in management. As a result, many of the co-ops can’t hire people with knowledge and experience in health insurance.]
And just what will you DO about it, Jason? NOTHING!!
no doubt obammie is po’d
it wasn’t supposed to collapse until after he leaves. shhesh. how is he supposed to blame someone else now?
Rest assured that he will be sending lots of letters.
oooooohhh, letters.
There needs to be a class action lawsuit against the co-ops. Those who lost the mandated insurance, and those who had to pay for what amounts to this money-laundering scheme should be able to achieve standing...
We need a committee of government oversight to find out why socialism, per usual, didn’t work this time.
The anti all’s are being critical. The committee is gaining facts to be used in the debate to end Obamacare
With a Republican Senate, it will not be like the 41 other times the law was abolished in the House
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