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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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To: Alberta's Child

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.


Do you understand....we are talking about the government here....deals will be made and money will flow into both political parties and the end result will be that the medical insurance industry will become even more corrupt than it is today.

Not to worry!


6 posted on 02/23/2016 5:21:53 AM PST by DH (Once the tainted finger of government touches anything the rot begins)
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