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05-23-2014, 07:33 PM #1
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Obama Continues Making Up The Rules As He Goes, Quietly Issues Regulations For Healt
Obama Continues Making Up The Rules As He Goes, Quietly Issues Regulations For Health Insurance Bailout
By Caroline Schaeffer 1 day ago
Buried in hundreds of pages of new regulations from the White House last week was a not-well-enough hidden rule: That the government would provide billions of dollars of taxpayer money to health insurance companies that offer coverage through Obamacare but lose money while doing it.
The Los Angeles Times reports that the move will entice insurers to keep premiums low – a move necessary to the Democrats, as rate increases would otherwise be announced just in advance of this year’s midterm elections. Aha, Mr. President, I see what you did there! Tricky, tricky!
Congressional Republicans took notice, and are working on fighting the possible bailout. The Health and Human Services Department issued a statement that the regulations would not put the taxpayers at risk, because an insurer shortfall is “highly unlikely.” However, insurers across the country have begun readying rate increases this year, as they are finding that their customers are older and sicker than they had prepared for.
Remember that huge push to get younger and healthier Americans enrolled? This is why: Enrolling absolutely everybody and keeping premiums artificially low wasn’t going to last forever.
Obama’s move is not just illegal, it’s invalid: the President can’t just give money away to insurers without explicit authorization from Congress. But as Townhall points out, the President has done this before and gotten away with it. If Americans want to avoid a taxpayer-funded bailout, legislators need to move quickly to actively block it.
A flagrant disregard for the law has become this President’s hallmark. Obama has proven time and again that he thinks he has the power to do whatever he wants. It’s time for our other branches of government to reestablish the balance of power.
#FixItFail: Count The Number of Democrat Liars In this Great Anti-Obamacare Video
http://www.ijreview.com/2014/05/1405...rance-bailout/Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)
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05-23-2014, 07:35 PM #2
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Should have Impeached the Crack Head a LONG Time Ago; this breaks down to Money Laundering Directly to the Big Banks
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