... about time for the Royal Idiot to cut another executive order!
... about time for the Royal Idiot to cut another executive order!
I wouldn’t put it past the GOP establishment to bail out Obamacare.
After all, they’re deathly afraid of saying “no” to Obama on anything.
Faced between taking a stand for principle or looking good in the press, the GOP will always take option 2 every time.
With the GOP, Obama can have his legacy because no one will oppose him.
Pundits keep saying OC is near death or dead.
Bull, as long as the government is forcibly confiscating my money for not being able to afford the overpriced and lousy coverage that is called OC, then it is not dead.
It’s hard to find a good guy in this story.
“Under a program called ‘risk corridor’ insurance, the federal government pledged to REDISTRIBUTE money from insurers who made profits to insurers who incurred losses for a period of several years.”
The old equal outcomes drug of choice. Those that make evil profits are punished.
I know some insurance companies did not want any of this - but many thought they could make a killing. Now these insurance companies that went along with the plan expecting the government to bail them out and help them ruin the competition - showed that they were evil after all. Surprise!
The real question is will the American people get screwed again in the extenuation of the bail out that Obama wants? Will the go along to get along Republicans in the House and Senate vote against Obama? The history of the last 7 years is not encouraging.
Written into law<
P>What does that mean? Hussein will just change the law.
The government is graciously allowing us to pay $14,000 in premiums with a $6,000 deductible for EACH of my wife and myself.
SO...we pay the first $6,000 each of out medical costs before insurance kicks in a single dime.
As we are responsible adults, eat right, exercise and do not drink or smoke our annual medical costs are less than $1000.
So really what we are paying $14K for is to avoid the catastrophic medical bill. But $14K is a big pill to swallow. I believe that private insurance witout the government overhead could do better.
Obamacare is a bailout for the insurance industry.
Higher premiums,an outrageously high deductible, and enforced sign-ups.
The Administration, with an approving nod from Congress, has been changing Obamacare over and over without any overt votes from Congress.
Last number I saw (several months ago) was that some 80 changes had been ‘allowed’ to Obamacare by executive fiat.
They ignore the contents of the Affordable Healthcare Act when they want and remake provisions to suit their needs. If insurance companies need $$$, you can bet Congress will be more than happy to bail them out. After all, that is why the insurance companies have their lobbyiests and make regular donations to politicians.
That's the good news.
But the bad news, according to the article, is that the limitation on bailouts expires at the end of this year.
Obama: Lying and distributing wealth for you, 24/7/365!