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Failing Obamacare Co-Ops Offer Lavish Executive Pay — And May Violate the Law W/Video
Dailey Caller ^ | June 30, 2015 | By Richard Pollock

Posted on 06/30/2015 1:07:36 PM PDT by Brad from Tennessee

Taxpayer-funded Obamacare health insurance co-op’s may be running afoul of the law by giving extravagant paychecks to their top executives, according to a Daily Caller News Foundation investigation.

More than a million Americans have enrolled in the 23 non-profit Obamacare co-ops since they began in 2011. The co-ops were intended to be consumer-operated non-profits focused on delivering healthcare to the working poor and others needing health insurance.

Eighteen of the 23 co-ops paid their top executives prodigious salaries ranging from $263,000 to $587,000, according to 2013 IRS tax filings.

The high take-home pay for the “nonprofit” executives appears to violate both federal law and Obamacare rules prohibiting “excessive executive compensation.”

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


TOPICS: Extended News
KEYWORDS:
These co-ops need to be audited and investigated. It was clear from their inception that they were designed to fail while allowing their managers--favored cronies--to skim millions.
1 posted on 06/30/2015 1:07:36 PM PDT by Brad from Tennessee
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To: Brad from Tennessee

Tony Welters

http://citizenwells.com/2013/11/03/anthony-welters-obama-crony-capitalism-buddy-is-executive-vp-of-unitedhealth-group-helped-build-obamacare-website-now-getting-paid-to-fix-it-beatrice-welters-bundled-donations-200000-to-500000-f/

ALL these people is in on the money ...... big time !
They sick of seeing all these white folks with tech mega bucks
They want theirs too !


2 posted on 06/30/2015 1:11:38 PM PDT by LeoWindhorse
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To: Brad from Tennessee

Law? What law? We no longer exist in a country with laws.


3 posted on 06/30/2015 1:12:45 PM PDT by ChocChipCookie ("Demons run when a good man goes to war.")
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To: Brad from Tennessee

The Court just said that the government doesn’t have to follow its own laws.


4 posted on 06/30/2015 1:13:40 PM PDT by Tzimisce
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To: Brad from Tennessee

How quaint - violating the “law”?

Oooo- Better take it to the Supreme Court. They’ll straighten this whole thing out!


5 posted on 06/30/2015 1:25:39 PM PDT by Junk Silver
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To: Brad from Tennessee

should be called Obamatax because they don’t care.


6 posted on 06/30/2015 1:27:16 PM PDT by 867V309 (Boehner is the new Pelosi)
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To: Brad from Tennessee
These co-ops need to be audited and investigated. It was clear from their inception that they were designed to fail while allowing their managers--favored cronies--to skim millions.

Isn't this the way to become rich in America today?

7 posted on 06/30/2015 1:28:45 PM PDT by The_Media_never_lie (The media must be defeated any way it can be done.)
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To: Brad from Tennessee

Breaking the law?

I’m sure John Roberts will jump right on that.


8 posted on 06/30/2015 1:29:47 PM PDT by Colonel_Flagg ("No social transformation without representation." - Justice Antonin Scalia)
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To: Brad from Tennessee

What is this “law” of which you speak?

Our betters can do what they know is best as they want and we just trust them.


9 posted on 06/30/2015 1:33:02 PM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: Brad from Tennessee

Here’s an idea. How about a law that says compensation at “non-profits” cannot exceed what a Congressman makes? Same goes for any entity that is funded by the taxpayers in whole or in part.

That might limit the ability of Congress to install their cronies in some of these “jobs”. It also would force universities to make a choice: Either rein in salaries or forfeit taxpayer money.


10 posted on 06/30/2015 1:41:48 PM PDT by generally (Don't be stupid. We have politicians for that.)
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To: All

Obama says, LAW?????? We don’ need no steenkin’ law!!!!!


11 posted on 06/30/2015 2:13:28 PM PDT by Boonie ("Nuke 'em all...Let Allah sort 'em out...)
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