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Anyone in the corporate world who misused funds that way would be headed to prison. This rogue administration is going to any length - including running afoul of the law - to keep insurers hooked into Obamacare.

Husseincare gets in Hussein's way.

1 posted on 02/23/2016 2:08:15 AM PST by Libloather
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To: Libloather
Congress is right on it. And the MSM will headline it.

We are so screwed.

2 posted on 02/23/2016 2:16:02 AM PST by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: Libloather

Nothing is against the law when democrats do it.


3 posted on 02/23/2016 2:17:33 AM PST by Organic Panic
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To: Libloather
McCaughey may want to check her facts on this. I thought the language of the budget bill that was passed late last year included a provision that allowed the Federal government to use these fees to reimburse insurance companies for their losses in high-risk medical insurance pools.

The flip side of that provision -- and I have to give Paul Ryan credit for inserting it in the budget bill -- is that these fees are the only sources of revenue the government can use to reimburse the insurance companies. In other words, they can't use general revenues from other sources for this. That's why you have all of these insurers threatening to get out of the business this year ... because these fees only allow the government to cover less than 15% of their losses in these high-risk pools.

4 posted on 02/23/2016 2:18:47 AM PST by Alberta's Child (Bye bye, William Frawley!)
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bmfl


5 posted on 02/23/2016 3:50:00 AM PST by Titan Magroyne (What one person receives without working for, another person must work for without receiving.)
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To: Libloather

The insurance lobbyist are working overtime to get their taxpayer bailout. And politicians from both parties and happy to oblige in return for some campaign contributions. The politicians get a few hundred grand and the insurance companies get billions of taxpayer dollars.


7 posted on 02/23/2016 5:36:40 AM PST by patq
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To: Libloather

THE LAW under this traitorous administration
only applies to
PEOPLE WHO WORK FOR A LIVING
stealing and giving out free s**t to those WHO TAKE


8 posted on 02/23/2016 6:48:59 AM PST by zzwhale
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