Posted on 06/16/2013 1:05:04 PM PDT by 2ndDivisionVet
Multiple federal investigations are probing the $2 billion Obamacare co-op loan program at the U.S. Department of Health and Human Services, The Washington Examiner has learned.
Investigators from two separate offices within HHS's Office of Inspector General are looking closely at the co-op program being fast-tracked under the Patient Protection and Affordable Care Act, aka Obamacare.
The Obamacare co-op program is also the focus of examinations by the House Energy and Commerce and Oversight and Government Reform committees headed, respectively, by Rep. Fred Upton, R-MI, and Rep. Darrell Issa, R-CA.
Twenty-four newly established Obamacare co-ops in 25 states hope to begin selling health insurance coverage to the public October 1 in competition with private sector firms.....
(Excerpt) Read more at washingtonexaminer.com ...
Spreading the wealth?.
Expanding the government criminal syndicate.....
Tossing billions of government money around in a big hurry without adequate oversight. What could possibly go wrong?
Thankfully not in South Carolina. Our governor Nikki Haley told nobama to take his exchange and shove it.
I had totally forgotten about the “co-ops.” So, they’re bunk,eh?
The list, Ping
Let me know if you would like to be on or off the ping list
You’re in safe hands with ACORN.
[. . . the U.S. Office of Management and Budget has predicted that as many as 43 percent of the new groups will go bankrupt within a few years.]
Still, it may be a safer risk for taxpayers than windmills and waterwheels.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.