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Auditor: States might be using ObamaCare grant money illegally
The Hill ^ | April 29, 2015 | By Sarah Ferris

Posted on 04/29/2015 3:24:55 PM PDT by Oldeconomybuyer

Some states running their own ObamaCare exchanges may be illegally using federal dollars to keep them afloat, according to a new warning from a government auditor.

The inspector general for HHS said officials must better inform states about the purpose of the grants to prevent them from improperly using the money to prop up their health insurance exchanges.

ObamaCare required that all state-based marketplaces be self-sustaining by January 2015.

For example, the audit said Washington state’s health exchange “might use $10 million in establishment grant funds to support operations” in the second half of 2015, citing budget documents.

The Washington exchange faces a funding shortfall of $125 million.

The watchdog also highlighted Rhode Island's exchange, which "currently does not have a dedicated revenue stream."

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


TOPICS: Business/Economy; Constitution/Conservatism; News/Current Events; Politics/Elections
KEYWORDS: boehnercare; mcconnellcare; obamacare; socialism
ClusterCare.
1 posted on 04/29/2015 3:24:55 PM PDT by Oldeconomybuyer
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To: Oldeconomybuyer

What if the states just took the law to mean what they wanted it to mean? Like Obama.


2 posted on 04/29/2015 3:26:45 PM PDT by Steely Tom (Vote GOP for A Slower Handbasket)
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To: Steely Tom

Apparently, the words in the “Patient Protection and Affordable Care Act of 2010” may be interpreted just about any way the reader or administrator of the program wants. Almost every word of the title itself is just about a complete abnegation of actual fact. Who can quibble about a diversion of the funds made available after being exposed to the implementation of the law so far?

Never start vast projects with half-vast ideas.


3 posted on 04/29/2015 3:36:37 PM PDT by alloysteel (It isn't science, it's law. Rational thought does not apply.)
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To: Oldeconomybuyer; All

The purpose of Obamacare was to redistribute wealth from poor man to rich man. So I don’t see where the problem is. /sarc

The 17th Amendment which gave us unconstitutional Obamacare needs to disappear.


4 posted on 04/29/2015 3:39:11 PM PDT by Amendment10
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To: Oldeconomybuyer

The HHS is probably INSTRUCTING states on how to use the money illegally, so as to keep their precious baby 0bamacare afloat.


5 posted on 04/29/2015 3:43:30 PM PDT by CivilWarBrewing
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To: Oldeconomybuyer

The “ no way in this or any other universe affordable heath care act “.


6 posted on 04/29/2015 3:50:46 PM PDT by VTenigma (The Democratic party is the party of the mathematically challenged)
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To: Oldeconomybuyer

You mean like we used our cigarette money to pave roads.


7 posted on 04/29/2015 3:58:54 PM PDT by Sacajaweau
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To: Oldeconomybuyer

No! That would never happen.

Never!!

...


8 posted on 04/29/2015 4:07:05 PM PDT by WayneS (Barack Obama makes Neville Chamberlin look like George Patton.)
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To: Oldeconomybuyer

“ClusterCare.”

No kidding. Guy Mann Dude couldn’t have said it better.

https://www.youtube.com/watch?v=sn8zDtZ4ZV4

WARNING:
Some may find this slightly offensive.


9 posted on 04/29/2015 7:37:23 PM PDT by Slambat
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To: Oldeconomybuyer

The only reason states signed up is to get their hands on the FREE MONEY the gub’mint was bribing them with, and now they’re gonna care about an audit? They all knew the system would be broke when the subsidies ran out, they just didn’t care.


10 posted on 05/02/2015 6:31:48 AM PDT by MaggiesPitchfork
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