Posted on 09/30/2016 7:32:22 AM PDT by Semper911
The coup has happened.
The GOPe = Managing the decline.
A good, thorough article:
http://healthaffairs.org/blog/2016/06/27/obama-administration-threads-needle-in-risk-corridor-case-brief/
“...Near the end of 2014, however, Congress attached a rider to its 2015 appropriations bill, providing that the risk corridor program had to be revenue neutral — CMS could only pay out funds under the program that it collected under the program. Congress has renewed this rider for 2016 as well.”
They were paid accordingly.
Interesting CRS report that says even if the insurance companies won- through the malfeasance of the administration- they would not be able to collect from the Judgment Fund.
http://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwif4YCW6LfPAhXFRiYKHU2cC_0QFggcMAA&url=http%3A%2F%2Fwww.rubio.senate.gov%2Fpublic%2F_cache%2Ffiles%2F1dc92ef8-c340-4cfd-95c0-67369a557f1e%2F2AA5EF8F125279800BFABC8B8BA37072.05.24.2016-crs-rubio-memo-risk-corridors-1-5-16-1-redacted.pdf&usg=AFQjCNHRRhquU9LHhTEZUg2KVKcOxKivew&bvm=bv.134495766,d.eWE
BTW this was put in the infamous Cromnibus bill.
Another Obama-Hillary “success” story.
They may sell lies; they sell nothing but lies.
But, eventually, the Day of Reckoning comes about on those lies - they’re trying to run out the clock so that fools and idiots keep supporting Hillary. /Captain Obvious
The country is beyond bankrupt and Obamacare was a huge lie, as we all knew and warned, yet very few listened.
Reality is coming, liberals. One even you can’t deny when the country goes belly-up. Of course they’re trying to push it into the next Admin if it’s Trump. Either way, the reality is eventually coming how poor, naked and destitute the country really is.
7 insurers are suing the gov’t including 4 of the 6 remaining co-ops.
Could be 2 of the remaining co-ops I meant. If 2 have already closed are suing then they messed up “remaining”. Then you get 4 but it doesn’t seem like “6 remaining”.
Perhaps they only remain for judgement - not for business.
Yes, it was kinda messed up.
“Fund intended to cover Federal legal claims”
That money would include the money the Feds were told to pay Wayne Hage & his estate over a long fight over grazing rights & fences CUT by Federal employees.
The estate was to receive over $14 million with interest climbing daily.
bkmk
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